Pakistan Observer

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Wednesday, August 19, 2009, Sha'aban 27, 1430

 
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Business News
EC meeting of SAARC CCI
Delegation leaves by Tariq Sayeed left for S Lanka

Stafff Reporter

Islamabad—A seven member delegation led by Mr. Tariq Sayeed, President, SAARC Chamber of Commerce and Industry (SAARC CCI) left for Colombo, Sri Lanka to attend EC meeting of SAARC CCI going to be held at Hilton Hotel. The delegates

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Three indicted in largest US identity theft scheme

New York– Three men were indicted on Monday for allegedly stealing more than 130 million credit and debit card numbers in what U.S. authorities said they believe is the largest hacking and identity theft case ever prosecuted. Albert Gonzalez, a former government informant already in jail in connection with hacking cases, and two unnamed Russians were indicted on charges related to five corporate data

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World markets recover poise after big sell-off

London—European stock markets bounced back Monday, helped by some upbeat German economic data, a day after a deep sell-off around the world sent major indexes back down to levels from the beginning of August. The FTSE 100 index of

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Home Depot 2Q profit beats expectations

New York—Home Depot Inc. said Tuesday that its fiscal second-quarter profit fell 7 percent, as the nation’s biggest home-improvement retailer shuttered its Expo business and continued to be pinched by the recession. Still, the Atlanta-based company’s adjusted results beat Wall Street’s expectations, and it lifted its guidance for full-year earnings from continuing operations. Shares rose $1,

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EU invests millions in “ultra high-speed” mobile internet

Brussels—The European Union announced Tuesday an 18 million euro (25 million dollar) investment in an “ultra high-speed” internet system to underpin the next generation of mobile services. “Europe’s research know-how will continue to set the tone for the development of mobile services and devices around the globe,

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Forex FOREX RATES
USA 82.90 82.70
UK 136.71 136.38
Euro 117.27 116.99
Canada 75.27 75.09
Switzerland 76.62 76.44
Australia 68.43 68.26
Sweden 11.32 11.29
Japan 0.8672 0.8651
Norway 13.29 13.26
Singapore 57.21 57.07
Denmark 15.75 15.71
Saudi Arabia 22.11 22.05
Hong Kong 10.70 10.67
China 12.13 12.10
Kuwait 288.42 287.72
Malaysia 23.51 23.45
Newzealand 55.19 55.05
Qatar 22.77 22.71
UAE 22.57 22.52
KR WON 0.0663 0.0661
Thailand 2.435 2.429
 

 

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