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Azerbaijan signs $10b-plus investment deals

[ President says 2nd phase of Absheron field will increase gas production by 5b cubic metres BAKU: Azerbaijan signed agreements representing more than $10 billion in potential investment at an international forum in Baku, a presidential aide said on Saturday, as the country also announced a series of energy deals. State oil company Socar, France’s … Read more

Wall Street ends higher on AI stocks buying

[ Gains cap volatile week driven by uncertainty about AI winners and losers, war concerns The Wall Street sign is pictured at the New York Stock Exchange in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS BENGALURU: Wall Street ended higher on Friday, lifted by Microsoft and other AI-related … Read more

Private sector poised to run Cargo Express

[ FAISALABAD: Faisalabad Chamber of Commerce and Industry (FCCI) President Farooq Yousaf Sheikh has welcomed Pakistan Railways’ decision to hand over the commercial management of its Cargo Express service to the private sector and urged the railway authorities to route the proposed train through Faisalabad to facilitate the growing import and export requirements of the … Read more

Low exports, grower woes mar paddy season

[ Secretary advocates safe use of pesticides, machine harvesting to reduce crop losses Farmers plant rice seedlings in a paddy field on the outskirts of Lahore July 10, 2011. PHOTO : REUTERS LAHORE: Punjab Agriculture Secretary Shakeel Ahmad Mian on Saturday painted an optimistic picture of the province’s paddy sector at a meeting of the … Read more

‘PTI delays long march as political strategy’

Shaukat Yousafzai says federal authorities planned violence, urges talks instead of force PESHAWAR: Pakistan Tehreek-e-Insaf provincial spokesman Shaukat Yousafzai has described the party’s decision to postpone its long march to Islamabad as a calculated political strategy aimed at compelling the federal government to yield. Speaking to the media outside the Peshawar High Court, he insisted … Read more

Geopolitics keeps PSX range bound

[ KARACHI: The Pakistan Stock Exchange (PSX) remained range bound during the outgoing week as geopolitical uncertainty and domestic developments kept investors cautious, with the benchmark KSE-100 index closing at 170,765, down 119 points, or 0.1%, week-on-week. On a day-on-day basis, the bourse commenced the trading week with range-bound activity. The KSE-100 gained 269 points … Read more