LONDON: World oil prices rallied this week, supported by a drop in US stockpiles, while traders on the metals markets took their lead from movements in the dollar and Chinese data...
PRECIOUS METALS: Gold prices won support from its status as a haven investment amid heightened market tensions over Greece...
LONDON: Oil and base metals prices, already hit by oversupply and sagging demand, suffered a fresh blow this week as China shocked markets by devaluing its currency...
But gold and other precious metals managed to rise over the week...
GENEVA: Swiss competition authorities said on Monday they were investigating UBS, HSBC, Deutsche Bank and four other major banks for suspected price fixing in the trade of precious metals like gold and silver...
The Swiss Competition Commission (COMCO) said it was looking into whether seven banks had colluded to manipulate prices in the precious metals market...
Metals, including gold and copper, stabilised after a recent rout fuelled by cracks in the Chinese economy...
PRECIOUS METALS: Gold rose slightly but stayed pressured after slumping to more than five-year lows the previous week...
In recent years, Western activists have pressured corporations to stop using conflict minerals from areas controlled by armed groups, which profit from sales of those metals...
The metals are used in a variety of products...
Metals were one of the best investments in 2016, and that’s turning out to be true again this year...
An index of the six major metals rose for the fifth straight quarter, the longest stretch of gains since 2010...
KARACHI: Samples of unbranded food colours collected from various parts of the city have been found to have high concentration of heavy metals, a study conducted recently said...
Titled Assessment of heavy metals in locally available unbranded food colours available in the vicinity of Karachi, the study was conducted by Dr Aamir Alamgir Khan, Sundus Fatima and Nimra Ayub under the supervision of Prof Moazzam Ali Khan at Karachi...
The United States on Friday announced fresh sanctions against eight top Iranian officials it accused of working to destabilise the region, as well as against more than a dozen leading producers of metals in the Islamic republic...
The US Treasury also slapped sanctions on 17 Iranian metals producers and mining companies which it said generated billions of dollars in revenue...
HYDERABAD: Strong winds coupled with light rain and thunder lashed Hyderabad and its adjoining areas late on Monday evening, inundating low-lying areas and increasing cold in the wake albeit briefly...
Weather turned chilly after the downpour...
ISLAMABAD: Health experts blame rising gastro cases on humid weather and change in eating habits after the fasting month of Ramazan...
Moreover, suffocation and humidity also one of the reasons for gastro as food is spoiled more quickly during this weather,” he said...
ISLAMABAD: The ministry of climate change fears that the country is going to suffer in coming years more bouts of inclement weather patterns like the heatwave in Karachi that led to over a thousand deaths in a few days...
”Studies also reveal that temperatures in the northern parts of Pakistan will rise more than in southern areas, says a report prepared by the ministry on the changing weather patterns...
LAHORE: The Pakistan Meteorological Department (PMD) issued on Friday another severe weather warning, forecasting torrential rain across the country, especially in Chitral and Gilgit-Baltistan (upper parts), from Sunday to Thursday...
“The severe weather system is likely to persist in Gilgit-Baltistan and Chitral...
KARACHI: The tropical cyclone Ashobaa, currently located at around 700 kilometres south of the city, has turned north-west towards the Persian Gulf, missing the Sindh coast though affecting weather in Pakistan’s coastal areas including Karachi...
Though still quite far from the coast, Ashobaa has started influencing the weather of Karachi that experienced a cloudy day, said a weatherman...
KARACHI: Six flights of the Pakistan International Airlines (PIA) were cancelled on Saturday because of poor visibility caused by smog and other weather-related conditions in southern Punjab and upper Sindh region...
Weather had affected some other flights which got delayed on Saturday while some more were expected to be delayed...