On Wednesday, the pound fell to its lowest level against the dollar in more than 23 years, but regained its footing late in the day to eke out a modest gain. The pound has come under intense selling pressure since Monday - down 12.7% from Monday's in Stock and Shares News
NEW DELHI, Jan 22 (Reuters) - Ranbaxy Laboratories Ltd , India's top drugmaker by sales, reported a net loss for the second consecutive quarter and also for 2008, hit by forex and hedging losses, and problems in the U.S. market. Ranbaxy, in which in Stock and Shares News
LONDON, Jan 22 (Reuters) - The yen held firm on Thursday, supported by its perceived safe haven status, while sterling remained under pressure after hitting 23-year lows against the dollar on Wednesday on bank sector worries even as UK share prices in Stock and Shares News
NEW YORK, Jan 22 (Reuters) - Shell Oil Co said Thursday all units affected by the temporary shutdown of the crude distillation unit at its Deer Park, Texas refinery were at planned rates as of Monday evening. "The situation was caused by a piping in Stock and Shares News
KARACHI, Jan 22 (Reuters) - Pakistan's foreign exchange reserves fell $5 million to $9.95 billion in the week that ended on Jan. 17, the central bank said on Thursday. The State Bank of Pakistan's reserves fell to $6.59 billion from $6.65 billion a in Stock and Shares News
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