LAHORE: Following the strike call given by the Chairman Pakistan Poultry Association, chicken dealers in the provincial capital observed complete strike here Wednesday.

ISLAMABAD: The Pakistan Economy Watch (PEW) on Wednesday said floods have not harmed country's textile sector and foreign buyers need not to worry about delivery of their orders in the stipulated time.

NEW YORK: The number of planned layoffs at U.S. firms fell 17 percent in August from the prior month and hit the lowest level in 10 years, a report on Wednesday showed.

LAHORE: PaCCS is continued till September 31 on the plea of Federal Board of Revenue. It is reported that FBR approached Agility, a software provider company to continue operations till September end before the announced date of system shut down (July 31).

LONDON: World oil prices rose on Wednesday, rebounding from sharp losses earlier this week, as traders absorbed upbeat Chinese manufacturing data ahead of the weekly snapshot of US energy inventories.

KARACHI: The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S.

LONDON/BEIJING: Manufacturing in China, India and Russia powered ahead in August while growth slowed in European factories, emphasizing a growing divide in the pace of recovery between the rich and emerging worlds.

BERLIN: Chancellor Angela Merkel's cabinet signed off Wednesday on a hefty austerity package that critics say will hit the poorest hardest and could endanger Germany and therefore Europe's economic recovery.

MOSCOW: Russia has partially lifted the temporary embargo on grain exports introduced last month, allowing the resumption of exports in special cases like humanitarian aid, the government said Wednesday.

OTTAWA: Canada's economy grew at an annualized rate of two percent in the second quarter, slowing dramatically from the 5.8 percent posted in the first three months of the year, official data showed.Gross domestic product was slightly weaker than the 2.5 percent growth analysts had forecast for the second quarter and a full point less than the Bank of Canada's latest projection.

ISLAMABAD: Pakistan Computer Association (PCA) has lauded the role of computer and IT industry for timely and much needed contribution to provide immediate relief to flood affectees across the country.