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Patrol, diesel shortage in various parts of country

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LAHORE: There are reports regarding shortage of patrol and diesel in various parts of the country, particularly in Punjab and many petrol pumps have run short of fuel. Talking to Geo News, Chairman of Petroleum Dealers Association Abdul Sami Khan said fuel stations are being delivered 60 to 70 percent fuel less than the demand in cities including Mianwali, Sargoda and Multan, while Gilgit is also facing the similar problem. According to the dealers, petroleum products are available in black market in some places including Mianwli. Meantime Oil Marketing Companies assert there is no discontinuation in the supply.
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Seven new companies listed in KSE- 30 Index

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KARACHI: The Karachi Stock Exchange (KSE) while renewing KSE-30 Index included new companies after removing seven old companies. According to KSE, the companies removed are Arif Habib Ltd, Pervaiz Ahmed securities, Askari Bank, Bank of Punjab, EFU General Insurance, Netsol Technologies and NIB Bank. These companies replaced by Kot Addu Power Company, Attock Petroleum, ICI Pakistan, Bank Al Habib, National Refinery, Pakistan Reinsurance and Shell Pakistan.
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China to appeal WTO ruling

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BEIJING: China said on it will challenge a World Trade Organisation ruling against its restrictions on imported films, books and audio-visual products, continuing its sparring with Washington over trade access. Beijing said last week it may appeal against the WTO panels ruling, which upheld key parts of a U.S. complaint about Chinas controls on cultural products, which Washington says hurt publishers, Hollywood and entertainment multinationals. Now a spokesman for the Chinese Ministry of Commerce has said that appeal will certainly go ahead. "We think it was improper for the WTO not to reject the U.S. request," the spokesman, Yao Jian, told a news conference in Beijing. "Based on the WTO schedule, we are preparing the documents necessary to lodge an appeal." Yao did not give any other details of Chinas appeal.
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