Posts tagged as: US

China Mobile Games goes public in the US, initial value set at $3.90 a share

China Mobile Games and Entertainment Group went public in the US at NASDAQ this Tuesday. The company enlisted at the stock exchange in an unorthodox way. Most company go public with the traditional initial public offering approach, collaborating joining hands with several investment banks as undertakers. However, China Mobile Games took on the CMGE ticker […]

President Asif Ali Zardari urges UN to ban hate speech

President Asif Ali Zardari has urged the United Nations to immediately take notice of the anti-Islam film, asking it to ban hate speech. At the outset of his speech at the 67th session of the UN General Assembly, he beseeched the international community, particularly the Muslim World, to not become silent observers in such conflicting […]

Time Warner goes up on stock after a deal with NFL

Time Warner Cable struck a deal with National Football League (NFL) for exclusive television rights. The cable TV providers will now be able to run an NFL-exclusive channel that will be aired via traditional cable network and online. The company was up 1.2 percent in the afternoon trading. Its stock value has increased more than […]

iPhone sales boost Apple shares to another all-time high

Apple shares hit another record high on Friday shortly after it commenced the sale of iPhone 5. The shares reached $704.63 in the middle of the morning. The shares were at $704.85 in the start of the business on Friday. The new phone is on sale in nine countries, the US, Canada, the UK, Australia, […]

Alibaba finalizes first round of repurchasing its stock from Yahoo

Alibaba Group announced in a statement that it has finished the first round of repurchase of Yahoo’s stake in the company. The transaction will stream $7.6 Billion in Yahoo’s direction. China’s largest online retail and B2B giant announced on May 20 jointly with Yahoo that it will reduce the US-based web portal’s stake in Alibaba […]

Drone strike killed three in North Waziristan

A US drone attack targeted a vehicle on Saturday morning, killing at least four persons in North Waziristan, the bordering area of Pakistan and Afghanistan. According to the media reports, the attack took place in the Datta Khel area of North Waziristan, targeting a moving vehicle. The unmanned plane hurled four missiles at the militant’s […]

Prime Minister Raja Pervez Ashraf urges UN to ban hate speech

Prime Minister Raja Pervaiz Ashraf has urged the United Nations to make a law that bans hate speech which ignites the emotions of tens of millions of Muslims across the world. Addressing the Ishq-e-Rasool (PBUH) Conference, the premier made a demand to the UN s and other international organizations to devise a law in this […]

President Asif Ali Zardari meets angry Zulfiqar Mirza

In order to mend fences, President Asif Ali Zardari has paid an unscheduled visit to the residence of former Sindh Home Minister Dr Zulfiqar Mirza, leaving the Pakistan Peoples’ Party (PPP) as well as others political parties surprised. According to the media reports, the president stayed there for over half-an-hour, inquiring health of Zulfiqar Mirza’s […]

Federal Cabinet declares September 21 as ‘Youm-e-Ishq Rasool (PBUH)’

In order to convey sentiments of the people of Pakistan to the international community over dastardly act of production of blasphemous movie, the government has decided to observe September 21 as ‘Ishq-e-Rasool (PBUH)’ day. The government announced public holiday on Friday to express reverence for Prophet Mohammad (PBUH) and register the government’s protest against the recently released […]

Verizon Wireless delays dividend payout, Vodafone needs cash inflow

Verizon Wireless is the child conceived by to big players in the telecommunications industry and now both want its custody. One of the biggest wireless carriers in the US is still to roll out the annual dividend to both Verizon Communications and Vodafone. Verizon Comm holds 55 percent share in Verizon Wireless, while the British […]

Blasphemy of the Prophet (PBUH) and the Western World

Blasphemy of the Prophet (PBUH) and the Western World   While blasphemy of the Prophet (PBUH) cannot be tolerated in any situation, there must be certain limits drawn to how we handle the situation in our own countries and the level of distress was cause each other.   The other day, I participated in a […]

Soccer unites India and Pakistan

Budding women footballers from the two countries will be playing together in America as part of the State Department’s outreach program. Both the nations are known to have a bloody history but football is bridging the difference, with many welcoming the move. "Sports has an unique ability to break down barriers and peacefully bring people […]

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