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| Editor-in-Chief: Munir M. Ladha | Online Edition | News Editor: M. Nafees Naeem |
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ECB cuts eurozone growth forecasts, raises inflation estimates
FRANKFURT: The European Central Bank on Thursday slashed its eurozone growth forecast for 2008 to 1.4 percent from 1.8 percent and cut its 2009 estimates to 1.2 percent from 1.5 percent. The ECB in .....more |
Italian machinery manufacturers to promote ties with SMEs
LAHORE: Italian machinery manufacturers and Small and Medium Enterprisers (SMEs) in Pakistan will enhance cooperation to promote their businesses. Italian Ambassador in Pakistan Vincenzo Parati said w .....more | |
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Oil prices fall after US inventory data
LONDON: Oil prices fell on Thursday as the market digested the latest weekly snapshot of US energy stockpiles which recorded a bigger than-expected drop. New York's main contract, light sweet crud .....more |
Stocks plunge after retail, unemployment data
NEW YORK: Wall Street tumbled on Thursday on more disappointing economic news retailers posted sluggish back-to-school sales reports and the government said the number of workers seeking unemployment .....more | |
