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Daily Archives: November 14, 2017

Pound slides on fears over May’s future

– The British pound sank Monday on uncertainty surrounding Prime Minister Theresa May s future, but the London stock market was buoyed by the sliding currency, dealers said. Sterling faced selling pressure on reports that dozens of MPs in the ruling Conservative Party were backing a move to oust May, …

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Dubai property giant Emaar profits surge on high sales

Dubai construction giant Emaar Properties posted a sharp rise in third quarter profits Sunday as residential sales in the glitzy emirate gathered steam. Dubai has started recovering from a three year downturn after a 2014 oil price crash slammed the Gulf economies which underpin its real estate sector. But on …

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Govt imposes regulatory duty on LNG import

– The government has imposed regulatory duty on the import of liquefied natural gas which would increase the selling price of the commodity, pressurizing general public to buy costly LPG. The government through notification informed the LPG distributors and importers that levy has been imposed which would sought final nod …

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Hollywood puts scandal aside for a night at the honorary Oscars

Putting aside the sexual harassment scandal for a night, the stars of Hollywood came out on Saturday to celebrate the work of actor Donald Sutherland and four other filmmakers awarded honorary Oscars. Sutherland, 82, has appeared in more than 140 films including “The Dirty Dozen”, “MASH” and “Don’t Look Now” …

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‘Apocalypse’ now as Italy face World Cup humiliation

Four-time champions Italy go into the second leg of a playoff against Sweden on Monday facing an “apocalyptic” failure to reach the World Cup for the first time since 1958. Italy need to overturn a 1-0 play-off first-leg defeat against Sweden in front of 74,000 fans in a white-hot atmosphere …

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