European stocks rise at open
LONDON (AFP) – European stock markets rose at the start of trading on Wednesday, with Londons benchmark FTSE 100 index up 0.44 percent to 6,430.14 points.Frankfurts DAX 30 advanced 0.78 percent to 9,139.00 points and in Paris the CAC 40 gained 0.35 percent to stand at 4,126.97 compared with Tuesdays closing value.In Paris, shares in...
UAE jails Pakistani for smuggling drugs in bags
DUBAI (AFP) – A Dubai court jailed a Pakistani for 15 years for smuggling heroin in bags containing copies of the Holy Quran, prayer mats and other religious paraphernalia, a report said Wednesday.The 30-year-old man, identified only by his initials M.T., was convicted of possessing 24 kilogrammes (53 pounds) of heroin that was stashed in...
Singapore group wins bid for new Myanmar airport
YANGON (AFP) – A Singaporean-led group has won a $1.4 bn bid to build a second international airport in Myanmars commercial hub Yangon, authorities said Wednesday, as the long-isolated nation gears up for a dramatic increase in foreign arrivals.The winning consortium, which includes Singapore-based engineering and construction group Yongnam...
World Bank sees lower 2015 China growth goal as appropriate
BEIJING (AFP) – An economic growth target of about seven percent, down from 7.5 percent this year, would be appropriate for China in 2015, the World Bank said Wednesday as expansion slows in the worlds second-largest economy.China enjoyed decades of decades of double-digit increases, but its leaders have repeatedly pledged to transform its...
Would have accepted all resignations by now: Bilawal Bhutto
LAHORE (Dunya News) – Pakistan People’s Party (PPP) chairman Bilawal Bhutto Zardari on Wednesday said that if he was the Speaker of the National Assembly, he would have accepted all resignations of Pakistan Tehreek-e-Insaf (PTI) MNAs by now, Dunya News reported.In his latest tweet, Bilawal said he would have accepted all the resignations by...
Deadlock over verification of PTI resignations continues
ISLAMABAD (Dunya News) – Talking to the media after walking out of Speakers’ lounge where they kept waiting for the verification of resignations at the National Assembly (NA) on Wednesday, Vice Chairman Pakistan Tehreek-e-Insaf (PTI) Shah Mehmood Qureshi said 25 of the PTI members kept waiting for two and a half hours till 4:15 pm but were...
Imran Khan’s political future is dark, ‘Jewish lobby’ is working undercover: Fazlur Rehman
PESHAWAR (Dunya News) – Jamiat Ulema-e-Islam (JUI-F) chief Maulana Fazlur Rehman on Wednesday said that Pakistan Tehreek-e-Insaf (PTI) has become ‘tareek-e-Insaf’ literally ‘dark justice’, adding that PTI chief Imran Khan’s political future is dark, Dunya News reported.According to the details, a tribal jirga arranged by JUI-F...
Operation Khyber 1: Ten militants killed, several injured in Tirah Valley
KHYBER AGENCY (Dunya News) – At least ten militants got killed and several injured as a result of shelling on militant hideouts through jet planes in Tirah Valley Aka Khel in Khyber Agency on Wednesday. According to the sources, four militant compounds have also been destroyed by the forces.Khyber 1 operation is continued in Tirah Valley and Bara...
BP posts slump in Russian income
BP’s third-quarter results took a hit from declining oil prices and a sharp drop in income from Russia as Western sanctions on Moscow led to a slump in earnings from the oil major’s local partner, Kremlin-controlled Rosneft. ||| London – BP’s third-quarter results took a hit from declining oil prices and a sharp drop in...
Russia to support rebel polls
Russia plans to recognise elections being organised by rebels in the restive eastern Ukraine, it said. …read more Source:...