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News for Saturday, 28 Apr 2012

Safety dominates investor outlook

Caught in a vice between sluggish global growth and worldwide debt deleveraging, investors face another week of potentially gloomy economic news with no relief in sight from the growing concerns...

OGDCL employees vow to close all the oil fields of company

More than four thousand contract employees of Oil and Gas Development Company limited (OGDCL) have vowed to stops work, close all the oil fields of the company in case of...

When headlines don’t help

The recent hijack drama may have been a bad joke gone horribly wrong, but its ramifications are a good example of how sentiment matters. Not only did the carrier and...

Oil report seen supporting Iran sanctions

Global oil inventories grew over the last two months despite the loss of further supplies from Iran, according to a U.S. report that gave leeway for the Obama administration to...

Uncle Sam to spare some cash for his ‘favourite’ nephew

American Business Forum (ABF) President Salim Ghauri said that ABF member companies will invest millions of dollars in the next two years in Pakistan, subject to political stability. He...

Punjab win to join mid-table scrum

Kings XI Punjab were disconsolate after their previous match, when they leaked 32 runs in the final two overs of the chase to gift victory to Mumbai Indians. Three days...

Bank Al-Falah beat UBL in Bankers T-20 League

First Bankers T-20 Cricket League match Bank Al-Falah VS UBL played at Model Town Green Cricket Ground. Bank Al-Falah batting first 204/6 after 20 overs. Yaseen Cheema batting well 92,...

Nadal cruises, Raonic routs Murray in Barcelona

Rafael Nadal served up back-to-back finishing aces on Friday as the Spaniard's claycourt juggernaut headed closer to a seventh title at the Barcelona Open with a 6-2, 6-2 thrashing of...

Japan hammer champ relishes Olympic challenge

Japan's world hammer throw champion Koji Murofushi has said he is thrilled at the chance of competing for a second Olympic gold this year, and may even continue his career...

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