Sunday 4 September 2011

DAILY BUSIENSS NEWS IN BRIEF: 05.09.2011





Business News

   Mon, 5 September 2011 08:56:00 +0000

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Euro falls against dollar as US worries rise
The greenback was at 0...7897 Swiss

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Asian markets drop on US jobs news
Stocks were down across the board, following Wall Street"s lead, as investors piled into bonds, gold and other safe havens, seeking shelter from the

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Crude falls in Asian trade
Oil prices were hit by persistent

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Karachi unrest may hit revenue collection: FBR
The FBR sources told Geo News that revenue collection might suffer due to the unrest witnessed by the country"s economic hub during the last mont

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Rains hit onion crops in Sindh, prices climb to Rs1500 per maund
President Anjuman Wholesale Vegetable Market Karachi Haji Shahjahan told "Geo News" that onion crops in Badin, Sanghar, Nasarpur and Tando Allahyar had been devastated by rains as a result supply of the commodity had been sus

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SNGPLs new schedule of gas load management
CNG holidays was cut down in the last days of the month of Ramzan, whil

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Global stocks fall as markets brace for US jobs data
Confirmation that Greece will miss its 2011 deficit target of 7...6 percent and uncertainty over Italy"s commit

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Oil mixed in Asia
Brent North Sea crude for October

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Obama requests joint session of Congress
Obama"s decision to debut his initiative -- possibly his last chance to revive the staggering economy before election year -- in such a pro

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Banks told to keep ATMs full of cash on Eid days
According to sources, SBP has directed all commercial banks to ensure that ATMs are operational to provide service to customers... Sources add that ATMs can stock up to Rs2 million at a time

Brief News:
Ø Ahmedi shot dead in Faisalabad
Ø MQM activist among 3 killed in Karachi
Ø Gaddafi to face trial in Libya,not beforeICC: NTC
Ø Heavy rains continue to play havoc in parts of Sindh
Ø Over dozen, including 4 target killers held

Mohammed Saleem Mansoori

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