Tag: Red

KARACHI - Activity at the local bourse remained subdued and the benchmark index closed in red zone. PPL's healthy growth in the first half of the Financial Year 2011 could not force an upward momentum, as majority of the bellwether scrips in oil and gas sector exhibited profit taking.
The KSE-100 index closed at 12370.59 points following a loss of 61.32 points. The total volume stood at 94,741,196, while the total value was 4,709,009,357.
The monetary policy announcement on

LOS ANGELES - A sequel to "RED" is on. Producer Summit Entertainment has hired brothers Erich and Jon Hoeber, who wrote the script for the hit action movie, to return to the keyboard for a second installment.
A sequel is not green lit at this stage, nor are there any deals with actors Bruce Willis, Helen Mirren and John Malkovich or director Robert Schwentke. But Summit's pulling the trigger for a second helping of over-the-hill special ops agents shoot-`em-up, first revealed by

LAHORE - Vegetable exporters and traders have not received relief in the embargo on onion exports through land route, as dialogue between the federal secretary commerce and representatives of vegetable exporters failed on Friday.
Sources privy to the meeting disclosed that the federal secretary commerce had asked the vegetable exporters to provide letters from the chief collector customs indicating that the onion orders were booked before the imposition of ban and that payments

NYON - More than half of Europe's top football clubs are still in the red, with a record 1.2 billion euro losses about a year before UEFA's new financial rules kick in, officials said Tuesday.
"At present there are still 56 percent... professional football clubs in the red," he told journalists as UEFA unveiled its club licensing report for 2009. The 655 top division clubs scrutinised by footballing officials reaped 11.7 billion euros in revenue in 2009, an increase of 4.8

LAHORE - The Punjab Anti-Corruption Establishment (ACE) on Monday arrested Lahore Arts Council (LAC) Programme Deputy Director Zulfiqar Ahmad Zulfi red handed while taking bribe for allotting dates for a stage play. Play producer Muhammad Siddiq had submitted an application to the ACE alleging that Zulfi received Rs 70,000 from him as a bribe for allotting dates for staging a play at the Alhamra Arts Council and was demanding Rs 20,000 more. An ACE team consisting of ACE Deputy

MADRID - Real Madrid coach Jose Mourinho riled the Villarreal bench with an inflammatory goal celebration in front of their dugout during Real's 4-2 victory on Sunday. Substitute Kaka had just sealed victory at the Bernabeu with an 82nd-minute strike when Mourinho left his technical area to pass in front of the visitors' bench and punch his arm in the air while facing the stands.
Villarreal substitute Cani reacted by lobbing a water bottle at him and, although it did not hit the

BANGKOK - Tens of thousands of "red shirt" demonstrators marched in Thailand's capital on Sunday to demand the release of the movement's leaders in their first rally since the lifting of an eight-month state of emergency last month.
The protest by about 30,000 people aimed to pressure the government to end what the red shirts say are unlawful detentions and suppression of dissent in the wake of deadly clashes between troops and demonstrators last year. The latest request for

KARACHI - Despite the increasing crime rate in Karachi, the city police are not lodging first information reports (FIRs) and people affected by street crimes are also reluctant to register cases due to the indifferent behaviour of the law enforcers.
According to analysts, the major impediment to the registration of cases is the prevalence of the 'thana culture' at most police stations in the city as no police chief has been able to eradicate it.
Even the Police Order 2002,

KABUL: Spreading violence in Afghanistan is preventing aid organisations from providing help, with access to those in need at its worst level in three decades, the Red Cross said on Wednesday.
"The proliferation of armed groups threatens the ability of humanitarian organisations to access those in need. Access for the ICRC has over the last 30 years never been as poor," said Reto Stocker, Afghanistan head of the International Committee of the Red Cross (ICRC), which rarely makes

KARACHI: The United States has urged Pakistani leaders to combat corruption and red tape which was discouraging Foreign Direct Investment. It was also hampering economic growth and private sector development in the crises-hit country.
In addition, Washington snubbed local federal and provincial governments for lacking respect for 'budget discipline' that resulted in excessive borrowing from the central and private sector banks. The US was also critical of Islamabad's lukewarm

ISLAMABAD: In the wake of recent terrorist attacks across the country, the Interior Ministry on Saturday banned the entry of people not having CNICs into the capital's Red Zone.
The decision was made in a meeting chaired by Interior Minister Rehman Malik. The federalminister directed the Islamabad inspector general of police and the chief commissioner to enhancing security across the federal capital.
He also directed the IG to maintain record of all students of religious

LAHORE
Millions of rupees are being spent on the decor and repair of the Punjab Civil Secretariat when the government is tripping over itself trying to milk the provincial finances dry for the rehabilitation of flood victims, secretariat sources told Pakistan Today.
To utilize the maximum resources on the flood-affected districts of Punjab, the provincial annual development budget has been slashed by 30 percent while Rs 2.9 billion has been cut recently from the

ISLAMABAD/KARACHI
International intelligence agencies on Monday warned the central leadership of the MQM to maintain vigilance and remain careful, as the party leaders' lives were under threat in the present situation.
Sources said the Interior Ministry had forwarded a report to the MQM leadership, warning that following the unremitting target killings in Karachi, some of their leaders could be targeted, therefore Dr Farooq Sattar, Haider Abbas Rizvi, Mustafa Kamal, Faisal

Sebastian Vettel led championship leader Mark Webber in a dominant Red Bull one-two in both practice sessions for the Japanese Grand Prix on Friday. While they flaunted an advantage of more than half a second over their title rivals, McLaren's Lewis Hamilton could only watch impotently from the sidelines after crashing in the morning.
When the 2008 Formula One champion did get back on track with eight minutes of the second session remaining, Hamilton was able to complete just six