Pakistan Business News 01-Mar-2011

Business Recorder

1.      UBL to initiate Employees Benefit Scheme for its officers

2.      Barclays sub-branch opens at Diplomatic Enclave, Islamabad

3.      Efforts on for speedy disposal of complaint: BMP

4.      Importance of Islamic Banking system highlighted

The News

1.      Govt hikes petrol price by Rs7.23/ltr

2.      Oil mixed as Saudi commits to supplies

3.      Asian stocks down, oil prices up on Mideast woes

Daily Times

1.      HSBC profits more than double to $13.16bn

2.      Rise in global commodity rates, oil push KSE 66 points up

Dawn News

1.      SSGC posts Rs2.1bn profit for 6 months

2.      Increase in LPG price feared