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Pakistan aims to privatize flag carrier in November: Finance Minister

Pakistan is hoping to finalize both the delayed privatization of its flag carrier and the outsourcing of Islamabad’s international airport in November, the country’s finance minister said Wednesday.Muhammad Aurangzeb, who took office earlier this year, spoke to AFP at the World Bank’s headquarters in Washington, where he is attending the annual meetings of the International …

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Stock markets and oil prices retreat

European and US stock markets moved lower Wednesday as investors focused on company earnings, bond yields and the outlook for the US and Chinese economies.The dollar rose against major rival currencies while oil prices retreated.”Rising Treasury yields continue to be a major topic of conversation mainly because the market isn’t entirely clear about why they …

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