SC adjourns hearing of Musharraf's case till May 22
[Business Recorder] 20 May, 2013
ISLAMABAD: The Supreme Court on Monday adjourned hearing in the high treason case against former president Gen (retd) Pervez Musharraf till May 22. Th ...
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GE Capital plans to pay $6.5 billion in dividends to GE
[Reuters] 20 May, 2013
(Reuters) - General Electric Co said its financial unit GE Capital Corp would pay $6.5 billion in dividends to the parent in 2013 as part of a plan to ...
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Yahoo buying Tumblr for $1.1 billion, vows not to screw it up
[Reuters] 20 May, 2013
(Reuters) - Yahoo Inc said it is acquiring blogging service Tumblr for $1.1 billion cash, a bold bet by Chief Executive Marissa Mayer to revitalize th ...
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Former GOP Senator Judd Gregg named CEO of lobbying group SIFMA
[Reuters] 20 May, 2013
NEW YORK (Reuters) - The Securities Industry and Financial Markets Association named former Republican Senator Judd Gregg as its chief executive offic ...
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Eight injured in Peshawar generator blast
[Business Recorder] 20 May, 2013
PESHAWAR: An explosion in Falak Ser plaza situated on Peshawar's Saddar road injured eight people on Monday.ASP Cantonment Bilal Faisal said that ...
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President felicitates mountaineer Samina Baig for scaling Mount Everest
[Business Recorder] 20 May, 2013
LAHORE: President Asif Ali Zardari has congratulated Pakistani women Mountaineer Samina Baig and her brother Mirza Ali on climbing the world's hi ...
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EU law key to ending 'too big to fail' banks: BoE's Tucker
[Reuters] 20 May, 2013
LONDON/STRASBOURG, France (Reuters) - A European Union law up for a vote on Monday will only fully shield taxpayers from bailing out troubled banks if ...
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GE Capital plans to pay $11 billion in dividends to GE
[Reuters] 20 May, 2013
(Reuters) - GE Capital Corp's board has approved a plan to pay $6.5 billion in dividends and a further $4.5 billion in special dividends to paren ...
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Vodafone withdraws from BT mobile partner talks: sources
[Reuters] 20 May, 2013
LONDON (Reuters) - Britain's Vodafone has withdrawn from the running to provide a mobile service to fixed-line operator BT , two industry sources ...
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Goldman exits China's ICBC, seven years and billions later
[Reuters] 20 May, 2013
HONG KONG (Reuters) - Goldman Sachs launched on Monday the sale of about $1.1 billion worth of Hong Kong-traded shares in Industrial and Commercial Ba ...
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Goldman Sachs to exit ICBC with $1.1 billion stake selldown: IFR
[Reuters] 20 May, 2013
HONG KONG (Reuters) - Goldman Sachs launched on Monday a sale of about $1.1 billion worth of Hong Kong-traded shares in Industrial and Commercial Bank ...
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Dollar eases in Asia but expected to resume rise
[Geo TV] 20 May, 2013
TOKYO: The dollar eased in Asia on Monday after a Japanese minister said the recent correction against the yen was
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Asia shares higher on US gains
[Geo TV] 20 May, 2013
HONG KONG: Asian shares rose on Monday, reflecting a bullish mood on Wall Street and extending their two-week rall
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Ministry imposes Rs8mn fine on HGOs failing to provide facilities to Hujjaj
[Business Recorder] 20 May, 2013
ISLAMABAD: The Ministry of Religious Affairs has imposed Rs8 million fine on various private Hajj Group Organisers (HGOs), who failed to provide the p ...
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Elan strikes more deals, agrees second share buyback
[Reuters] 20 May, 2013
DUBLIN (Reuters) - Irish drug firm Elan agreed on Monday to buy two private drug firms, spin-off its one experimental drug and buy back more shares to ...
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Gunmen kill policeman in Bajaur polio team attack
[Business Recorder] 20 May, 2013
KHAR: Gunmen attacked a polio vaccination team in part of Pakistan's restive tribal regions on Monday, killing a policeman who was providing s ...
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Complete shutdown to be observed in IoK tomorrow
[Business Recorder] 20 May, 2013
ISLAMABAD: Complete shutdown will be observed on Tuesday (tomorrow) in Indian occupied Kashmir (IoK) to mark the martyrdom anniversaries of prominent ...
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SC disposes of 422 cases in a week
[Business Recorder] 20 May, 2013
ISLAMABAD: The Supreme Court disposed of 422 cases, whereas 308 new cases have been instituted during the period from Saturday 11th May 2013 to Friday ...
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