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Kronospan plant shootout: Financial Meltdown in Europe reaches to Switzerland

Geneva: An angry employee who feared unemployment at Kronospan wood panel plant in Menznau, near Lucerne in central Switzerland killed three of his co-workers and...

Punjab govt signs MOU with ADB for cooperation in energy sector

LAHORE: Punjab Government on Wednesday signed a memorandum of understanding (MOU) with Asian Development Bank (ADB) for cooperation in energy sector, Dispatch News Desk...

Pakistan, Iran discuss bilateral issues

TEHRAN: President Asif Ali Zardari has held wide ranging talks with his Iranian counterpart Mahmoud Ahmadinejad on bilateral and regional issues in Tehran, Dispatch...

MQM tables private bill for overseas Pakistani voter’s right in NA in a positive move

ISLAMABAD: In an expected move, Mutahida Qaumi Movement (MQM) has tabled a private bill in the National Assembly for voting right of overseas Pakistanis. Farooq Sattar,...

Pakistan will sign gas pipeline project with Iran tomorrow despite of US threats

ISLAMABAD: Pakistan will sign gas pipeline project with Iran tomorrow despite of US threats and UN's concerns. Iran will provide a soft loan of 500$ million...

How historic blackout happened in Pakistan?

Lahore:  major power breakdown hit the country on Sunday-Monday night was caused by tripping of Tarbela and Mangla power house and linked thermal plant when...

US lawmakers in the quest to stop Iran from using euros

WASHINGTON: In what appears to be a move to stop Iran using euros to develop its nuclear program, US legislators are crafting a bill...

SBP injects Rs460 bln into market

KARACHI: The State Bank of Pakistan (SBP) on Friday injected Rs460 billion into the money market through a seven-day reverse repo to help banks...

Abu Dhabi Group denies entering into $45 billion deal with Malik Riaz

LAHORE: The Abu Dhabi Group, the largest UAE based group of investors, has denied entering into the deal worth $45 billion with the Pakistan’s...

Pakistan foreign reserves fall to $13.395 bln

KARACHI: Pakistan's foreign exchange reserves fell to $13.395 billion in the week ending Feb 8, from $13.474 billion in the previous week, State Bank...

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