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Oil prices mixed in Asian trade

Source: Geo News | 23-12-2013

Oil prices were mixed in Asian trade Monday as investors focused on upbeat US economic growth data, raising hopes of resurgent demand in the world´s top crude consumer.

New York´s main contract, West Texas Intermediate for February delivery, was down five cents at $99.27 in mid-morning trade while Brent North Sea crude for February gained five cents to $111.82.

Locally-made LCVs sale declines by 31 per cent

Source: The Nation | 17-12-2012

Pakistan locally manufactured car sales, including LCVs, vans and jeeps during 5MFY13 have declined by 31 per cent to 49,092 units compared to 70,727 units in same period last year. During November 2012, local car sales stood at 9,154 units, 3 per cent down as compared to 9,397 units last month while are 23 per cent down as compared to 11,926 in the sam..... Read more

Gold imports surge 31.87pc in July-January (2012-13)

Source: Aaj News | 06-03-2013

The imports gold during first seven months of current fiscal year surged by 31.87 percent as against the same period of last year. According to data revealed by Pakistan Bureau of Statistics (PBS), the yellow metal weighing 2,282 kilogram worth of $123.382 million was imported during the period under review as compared to the import of 1,741 kg valuing ..... Read more

Siemens boss Peter Loescher to go after poor results

Source: Geo News | 28-07-2013

BERLIN: German engineering giant Siemens announced late Saturday that chief executive Peter Loescher was to be fired after failing to get the company back on track. In a brief statement, the company said it would "decide on the early departure of the President and CEO" and the appointment of his replacement at a meeting Wednesday. The comp..... Read more

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