Monitoring Desk ABU DHABI: Abu Dhabi’s investment fund Mubadala Investment Co. will enter into exclusive talks with Petrobras to purchase Brazil’s second-largest refinery, the Brazilian state-owned oil company said in a securities filing on Thursday. Reuters was the first to report earlier on Thursday that Mubadala was on an inside track to acquire the refinery,…

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Monitoring Desk TOKYO: Tokyo stocks closed lower on Friday amid concerns over a fresh record of daily coronavirus cases in the capital. The benchmark Nikkei 225 index fell 1.06 percent or 238.48 points to end at 22,290.81. It inched down 0.07 percent over the week. The broader Topix index dropped 1.42 percent or 22.04 points…

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F.P. Report PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) has demanded the provincial government to supply electricity to all industrial estates on wheeling charges from different hydel power generation projects to promote industrialization in the province. Praising the provincial government for giving priority to completion of hydel power generation projects in stipulated period,…

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ISLAMABAD (APP): The Pakistan Stock Exchange (PSX) Friday continued with bullish trend as KSE 100 index closed at 36,190.41 points as compared to 36,142.17 points on the last working day, with positive change of 48.24 points (.13%). A total 292,709,075 shares were traded compared to the trade 467,486,611 shares during the previous day, whereas the…

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