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PSX comes under pressure as gains wiped out

KSE-100 index declines 74.06 points, settles at 71,359.41

Iran , Tehran , Shanghai , China , Islamabad , Pakistan , Karachi , Sindh , Pakistani , Muhammad-shuja-qureshi , Ahsan-mehanti , Faysal-bank

BP p.l.c. (NYSE:BP) Shares Sold by Stock Yards Bank & Trust Co.

Stock Yards Bank & Trust Co. cut its stake in BP p.l.c. (NYSE:BP – Free Report) by 1.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,350 shares of the oil and gas exploration company’s stock after selling 647 shares during […]

New-york , United-states , Raymond-james , Piper-sandler , Stock-yards-bank-trust-co , Wells-fargo-company , National-association , Exchange-commission , Gas-low-carbon-energy , York-state-common-retirement-fund , Erste-group-bank , Oak-family-advisors

Aker BP Q1 beats forecast as costs fall, Tyrving to start sooner

Norwegian independent oil company Aker BP on Wednesday posted higher-than-expected net profit for the first quarter as costs fell, and said its Tyrving field development could start production sooner than previously planned.

Trinidad-and-tobago , Norway , North-sea , Oceans-general- , Oceans , Alvheim , Hedmark , Switzerland , Trinidad , Norwegian , Nerijus-adomaitis , Frode-pleym

C/A surplus hits 9-year high

Reaches $619m via economic engineering, slowdown in industrial output

Pakistan , Hong-kong , Karachi , Sindh , United-states , United-kingdom , China , Pakistanis , Muhammad-sohail , International-monetary-fund , Arif-habib-limited , Head-of-research-tahir-abbas

REER surges to six-year high

Some financial experts believe rupee will continue to appreciate

Karachi , Sindh , Pakistan , Afghanistan , Muslim-league-nawaz , Ishaq-dar , Jewellers-association , State-bank , Pakistan-muslim-league-nawaz , Finance-minister , Muhammad-aurangzeb , All-pakistan-saraf-gems

Superfakes: Copycat manufacturers are becoming increasingly skilled at producing knock-off designer handbags

Counterfeit luxury handbags have become a social media phenomenon. As high-end luxury brands including Hermes, Chanel, and Prada have boosted their prices in recent years, many consumers turned to deceivingly high-quality replicas for a fraction of the price. The precision and attention to detail put into making replica handbags have made it easier for them to pass off as genuine luxury products, with hardly any noticeable differences to the untrained eye.

Salt-lake-city , Utah , United-states , Hong-kong , New-york , China , France , Dallas , Texas , Amyx-wang , Volkan-yilmaz , Sarah-davis

BP p.l.c. (NYSE:BP) Shares Acquired by Wedge Capital Management L L P NC

Wedge Capital Management L L P NC increased its stake in shares of BP p.l.c. (NYSE:BP – Free Report) by 15.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 500,704 shares of the oil and gas exploration company’s stock […]

Kentucky , United-states , New-york , Raymond-james , Piper-sandler , Bp-company-profile , York-state-common-retirement-fund , Butensky-cohen-financial-security-inc , Sumitomo-mitsui-trust-holdings-inc , Jefferies-financial-group , Gas-low-carbon-energy , Oil-production-operations

EUR/GBP exchange rate remains near three-month high

The euro pound (EUR/GBP) exchange rate is trapped in a narrow range today following the publication of the latest UK and Eurozone PMI data.

Germany , United-kingdom , Hamburg , German , Chris-williamson , Sterling , Economist-at-hamburg-commercial-bank , Chief-economist , Hamburg-commercial-bank , Currency-exchange , Conomy , Ur

BP's (BP) Neutral Rating Reaffirmed at Bank of America

BP (LON:BP – Get Free Report)‘s stock had its “neutral” rating reaffirmed by equities research analysts at Bank of America in a research report issued to clients and investors on Monday, Digital Look reports. They currently have a GBX 500 ($6.22) target price on the oil and gas exploration company’s stock. Bank of America‘s target […]

United-states , America , Murray-auchincloss , Gas-low-carbon-energy , Barclays , Oil-production-operations , Jpmorgan-chase-co , Berenberg-bank , Get-free-report , Digital-look , Low-carbon-energy , Oil-production

Leaving the London stock market won't cure Shell's share price woes – The Irish Times

The LSE has already lost companies such as CRH, Flutter and Ferguson to the US market in recent times

United-kingdom , London , City-of , British , Wael-sawan , Bell-dan-coatsworth , Arm-holding , Exxon , London-stock-exchange , Exxon-mobil , Shell , Chevron