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Editor-in-Chief: Munir M. Ladha

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News Editor: M. Nafees Naeem

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WORLD BUSINESS
	Mosaic profit up, will cut fertilizer output NEW YORK: North American fertilizer company Mosaic Co (MOS.N) said its quarterly profit jumped, boosted by rising potash and phosphate sales, but said it would cut output and expected weak results fo .....more	Madoff victims may get some cash within a month LONDON: Investors who lost money in Bernard Madoff's alleged $50 billion fraud might begin recovering some of their funds as soon as next month, Securities Investor Protection Corp, President Stephen .....more
	Pakistan, Kenya has great trade potential; ICCI ISLAMABAD: The present volume of trade between Pakistan and Kenya is not up to full potential while both countries offer plenty of opportunities to enhance bilateral trade. This was said by Mian Sh .....more	European stocks take a pause from New Year rally LONDON: European stock markets fell on Wednesday after a mixed performance in Asia as investors took profits on solid New Year gains, though sentiment remains relatively upbeat as markets look through .....more
	Consumer electronics sales to slow in 2009 LAS VEGAS: As the world's biggest show of high-tech gadgetry gets under way here this week the Consumer Electronics Association (CEA) is forecasting an end to the boom years of double-digit sales grow .....more	Indian govt may cut fuel prices by about 10 pc by January-end NEW DELHI: The government may cut prices of petrol, diesel and cooking gas by around 10 percent by the end of this month, the oil minister, Murli Deora, told reporters on Wednesday. "The price cut .....more
	Germany might issue 100 bn euros in corporate loan guarantees FRANKFURT: The German government is considering 100 billion euros (135 billion dollars) in guarantees to help companies find financing along the lines of a plan already used by banks, a press report s .....more	Oil eases towards $48 LONDON: Oil fell slightly on Wednesday, but drew support from cold weather and an escalation in the Ukraine-Russia dispute that has choked off natural gas supplies and increased demand for refined oil .....more
	Bank of America sells China bank stake HONG KONG: Top U.S. lender Bank of America (BAC.N) raised $2.83 billion from selling part of its holding in China Construction Bank (0939.HK) and Hong Kong's richest tycoon followed by selling a $500 .....more