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Oil prices mixed in Asian trade

Source: Geo News | 04-09-2013

SINGAPORE: Oil prices were mixed in Asian trade Wednesday after climbing in New York as concerns over a US-led military strike on Syria returned.

New York's main contract, West Texas Intermediate for delivery in October,

eased 26 cents to $108.28 in mid-morning trade, while Brent North Sea crude for October gained 12 cents to $115.80.

Pakistan to get Rs10.78bn Chinese locomotives

Source: The News | 14-02-2013

Pakistan and a Chinese company have finalized an agreement under which the former will buy 50 locomotives from the latter at a cost of Rs10.78 billion. According to the Chinese company, it will supply 25 locomotives to Pakistan later this year while the rest will be shipped towards the mid of the next year.Pakistan Ministry of Railways had placed the o..... Read more

Oil prices up

Source: Dunya News | 26-12-2013

Crude edged higher in Asian trade Thursday on supply concerns following escalating violence in oil-producer South Sudan, but gains were capped as dealers sat on the sidelines awaiting fresh leads after the festive season. New York's main contract, West Texas Intermediate for February delivery, was up 13 cents at $99.35 in afternoon trade while Brent Nor..... Read more

Unable to run itself: FBR unfreezes PIA accounts after partial tax payment

Source: Tribune | 20-03-2013

Tax authorities, after blocking bank accounts of Pakistan International Airlines for a few hours on Tuesday over delay in depositing taxes, unfroze the accounts later in a bid to avoid disruption of flights, but the resolution of the dispute was far from over. The FBR had frozen almost half a dozen bank accounts of the national flag carrier after PIA defa..... Read more

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