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Oil prices up on Ukraine tensions

Source: Geo News | 25-04-2014

Oil prices rose in Asian trade Friday after Russia ordered new military exercises on the border with Ukraine in response to Kiev launching a deadly assault against pro-Kremlin rebels occupying a flashpoint town.

US benchmark, West Texas Intermediate for June delivery, was up two cents at $101.96 a barrel in mid-morning trade and Brent North Sea crude for June also climbed two cents to $110.35.

Dell to deal with Icahn, Blackstone

Source: Dunya News | 26-03-2013

Dell Inc. said Monday a special board committee plans to negotiate with Blackstone Group and activist investor Carl Icahn over new acquisition bids for the computer maker that rival an offer of more than $24 billion from an investor group that includes founder Michael Dell. The Round Rock, Texas, company said the committee has determined that the bids f..... Read more

China, Brazil sign local currency trade deal

Source: Dunya News | 27-03-2013

As the five-nation BRICS forum of emerging market powers work to lessen dependence on the U.S. dollar and euroFinance ministers Lou Jiwei of China and Guido Mantega of Brazil signed the agreement ahead of the official opening of a summit of the leaders of Brazil, Russia, India, China and South Africa. It is Chinese President Xi Jinping s first official ..... Read more

Food insecurity takes a â€˜nastyâ€™ turn globally

Source: Tribune | 02-04-2013

Food insecurity globally has taken a “nasty” turn as growth in grain production stood at 0.9% per annum against an increase in population of 1.7% annually. The situation demands immediate steps on the part of all stakeholders to wipe out hunger from the globe, said experts from Australia. The two-member Australian Support Linkages Programme (A..... Read more

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