Tag: Unveils
LG unveils vision for growth in home appliances
KARACHI - LG Electronics (LG) unveiled its vision and aggressive plans for its home appliance business at the recent consumer electronics show in Las Vegas. LG will target double-digit growth in 2011 and push for sales of $20 billion in 2014 to position the company as the top global home appliance manufacturer.
LG plans to maintain its leading position in its core business sectors such as washing machines and refrigerators, while building a foundation for growth in new business
LG plans to maintain its leading position in its core business sectors such as washing machines and refrigerators, while building a foundation for growth in new business
KSE unveils revised list of firms eligible for CSFC trading
KARACHI - The Karachi Stock Exchange (KSE) Tuesday issued a revised list of the companies eligible for trading in Cash Settled Futures Contract (CSFC) market. Through a notice (KSE/N-326) the bourse notified the members the names of some 38 securities declared eligible for the CSFC trading in the equity market.
The KSE list for eligible securities include some 30 old, new and outgoing companies that according to KSE criteria must be other than Asset Management Companies (AMC),
The KSE list for eligible securities include some 30 old, new and outgoing companies that according to KSE criteria must be other than Asset Management Companies (AMC),
Tunisia unveils freedoms but regime retains key posts
TUNIS - Tunisia on Monday unveiled unprecedented new freedoms and announced the release of political prisoners after a popular revolt but the ousted president's party held on to key posts in the new cabinet.
Prime Minister Mohammed Ghannouchi will remain as head of the transitional government, which will prepare for presidential and parliamentary elections after former president Zine El Abidine Ben Ali resigned and fled on Friday. The ruling party also retained the key foreign,
Prime Minister Mohammed Ghannouchi will remain as head of the transitional government, which will prepare for presidential and parliamentary elections after former president Zine El Abidine Ben Ali resigned and fled on Friday. The ruling party also retained the key foreign,
World Bank unveils $1.72b loans to India
NEW DELHI - The World Bank on Friday announced $1.72 billion in loans to India, including $1.5 billion to build 24,000 kilometres (14,880 miles) of roads across seven states of the country. The global lending agency also provided $255 million to the first phase of an Indian project to mitigate effects of cyclones, World Bank President Robert Zoellick said after the signing of the two separate agreements.
The bank said in a statement that the roads aid was likely to benefit more
The bank said in a statement that the roads aid was likely to benefit more
US military unveils steps to prevent future leaks
WASHINGTON: The Pentagon on Sunday condemned the latest release of classified documents by WikiLeaks and unveiled steps designed to prevent future disclosures of secret files.
"As we have in the past, we condemn this reckless disclosure of classified information illegally obtained," Pentagon spokesman Bryan Whitman said in a statement.
As WikiLeaks released 250,000 diplomatic cables to The New York Times on Sunday, the Defence Department announced a series of measures
"As we have in the past, we condemn this reckless disclosure of classified information illegally obtained," Pentagon spokesman Bryan Whitman said in a statement.
As WikiLeaks released 250,000 diplomatic cables to The New York Times on Sunday, the Defence Department announced a series of measures
Afghanistan unveils final results of fraud-marred vote
KABUL: Afghanistan on Wednesday released final results from its controversial parliamentary election after massive fraud saw nearly a quarter of votes cancelled and 24 winners disqualified.
The main opponent of President Hamid Karzai swiftly claimed that his supporters had won more than 90 seats and would be able to exert significant pressure despite falling short of a majority in the 249-member chamber.
The Independent Election Commission (IEC) declared the vote a "major
The main opponent of President Hamid Karzai swiftly claimed that his supporters had won more than 90 seats and would be able to exert significant pressure despite falling short of a majority in the 249-member chamber.
The Independent Election Commission (IEC) declared the vote a "major
Obama unveils deals on ‘job fair’ visit to India
MUMBAI: President Barack Obama on Saturday announced $10 billion in trade deals with India to create 50,000 US jobs, on a visit that began with an emotional tribute to victims of the 2008 Mumbai attacks.
Kicking off a four-nation Asian tour weighted towards prying open new markets for US goods, Obama also said he would relax technology export restrictions imposed after India's nuclear tests back in 1998. "As we look to India today, the US sees an opportunity to sell our exports
Kicking off a four-nation Asian tour weighted towards prying open new markets for US goods, Obama also said he would relax technology export restrictions imposed after India's nuclear tests back in 1998. "As we look to India today, the US sees an opportunity to sell our exports
