Mark Zuckerberg admits committing "a lot" of mistakes In a recent blog post on Facebook, Mark Zuckerberg, has acknowledged that they have committed "a lot of mistakes," and believes it is unfair to overshadow much of the good work they have done. The founder of the social media network began by recalling the history of […]
Tethyan Copper Company files for international arbitration Tim Livesey, CEO Tethyan Copper Company (TCC) has revealed that in order to protect its legal right the company has filed an international arbitration for the licence of Reko Diq project. On Tuesday, November 29, Livesey issued a statement that read, “We are disappointed that we have not […]
Nov 29 2011 | Posted in
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Pakistan |
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The State Bank of Pakistan is expected to announce the monetary policy tomorrow, i.e. Wednesday, November 30 and a slash of 50 basis points is expected in a bid to instigate investment in the country. Earlier, the State Bank of Pakistan, in an unexpected move on Saturday, October 8, slashed the discount rate by 1.5% […]
Nov 29 2011 | Posted in
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Delight of sugarcane growers in Khyber Pakhtunkhwa (KP) over the bumper crop this season was tarnished by the support prices announced by the Sugar Control Board recently. The farmers have rejected the Rs. 25 increase per 40kg in the support prices this year, reaching Rs. 150 from Rs. 125 per 40kg last season. The growers […]
Nov 29 2011 | Posted in
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The Court of Justice of the European Union (ECJ) has ruled today, that it is illegal for a judge to order a telecommunications operator to perform a general supervision of data transmitted on its network to prevent illegal discharges of files protected by copyright. The statement said that the establishment of this type of filtering […]
Industrialists to protest unless KESC ends 12-hour load shedding at once says KCCI President On Monday, November 28, Mian Abrar Ahmed, the president of Karachi Chamber of Commerce and Industry (KCCI) has stated that KCCI and Industrialists will go on strike unless the Karachi Electric Supply Company (KESC) ends 12-hour load shedding at once. Addressing […]
Nov 28 2011 | Posted in
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Pakistan |
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The decision of the Economic Coordination Committee for the curtailment of gas supply to fertilizer plants was overturned by Prime Minister Yousuf Raza Gillani to add another feather to the list of such lapses. The ECC approved a gas load management for November, 2011, but the Premier was quick to overturn this decision after […]
Nov 28 2011 | Posted in
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The Black Friday this year saw the busiest customer traffic in its 26-year history. According to several reports the Friday sales were a whopping 6.6% increase to last year’s sales on the same holiday. In the US and all over Europe, one Friday is celebrated as the day of huge discounts. In the US, it […]
Nov 28 2011 | Posted in
Business,
Europe,
USA |
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Miley Cyrus is 19 years old and her personal fortune is touching the 90 million Euros mark. She is closely followed by Justin Bieber who has around 50 million Euros in his checking account. They are young, handsome, successful … and have an enviable current account. Requesting their parents to pay for a movie […]
On his visit to Pakistan, Iraqi ambassador, Dr. Rushdi Al-Ani, encouraged the local businessmen to exploit the vast opportunities of profitable investment in Iraq. He invited Pakistani executives to enter into joint ventures with their Iraqi counterparts and cash the early advantage of making the most of the business opportunities his country has to offer. […]
Nov 28 2011 | Posted in
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The earnings reports from telecom companies are mostly out and 24/7 Wall St. is busy evaluating the statistics of the seven players in Telecommunication Industry. The seven telecom giants that were closely watched during the first quarter of the fiscal year 2011-2012 included, AT&T, Verizon Communications, Sprint Nextel, Frontier Communications, CenturyLink, Leap Wireless International and […]
Nov 28 2011 | Posted in
Business,
Sci-Tech |
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Launch date for 3G technologies auction still not verified Yousaf Raza Gilani, Prime Minister Pakistan, had shown his consent with the implementation of 3G policy in the country in a meeting held on Wednesday, November 23. He ordered to form a Cabinet Committee that will see through the whole process. During the meeting it was […]
Nov 26 2011 | Posted in
Business,
Pakistan |
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