Alibaba beats estimates as pandemic fuels online, cloud computing demand
China’s Alibaba Group Holding Ltd beat quarterly revenue and profit estimates on Thursday, as its core commerce and cloud computing businesses continued to grow...
Differences over devaluation surfaced in fiscal policy board meeting
Finance Minister asks SBP to develop information sharing mechanism on major decisions, meanwhile, government expects improvement in economy after January 2019
FPCCI hails waiver of Form-E for small exporters
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Friday welcomed the central bank's decision to remove the condition of Form-E...
Uzbek companies urged to invest in CPEC economic zones
ISLAMABAD:Â Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar on Monday underlined the need to establish transport and energy corridors, as they would not only...
PepsiCo buys Pioneer Foods for $1.8bn in Africa push
JOHANNESBURG: US beverage and food giant PepsiCo has agreed to buy South Africa's Pioneer Foods for about 24.4 billion rand ($1.8 billion), a company...
Huawei’s $105bn business at stake after US broadside
Trump administration says it will add Huawei Technologies and 70 affiliates to its 'Entity List'
HONG KONG/BEIJING:Â The latest US broadside against Huawei that puts...
Govt urged to safeguard local industry
'Govt should instruct all business-related departments to focus on resolving key issues of the industry'
ISLAMABAD: Islamabad Chamber of Commerce and Industry President Ahmed Hassan...
Pakistan, IMF close to sealing $7-8bn loan agreement
ISLAMABAD:Â The Pakistan Tehreek-e-Insaf (PTI) government and the International Monetary Fund (IMF) are likely to announce a staff-level agreement today (Friday), as the former has...
Apple craze draws long queues at opening of first India store
About 200 Apple (AAPL.O)Â fans hoping to be among the lucky few to enter the tech giant's first retail store in India gathered from early...
JPMorgan cutting about 500 jobs this week
JPMorgan Chase & Co (JPM.N) is cutting about 500 employees this week across its various departments, according to a person familiar with the situation who asked...
Govt lauded for simplifying business policies
ICSTSI urges govt to discourage interaction between tax officials and the business community by promoting automation
The Islamabad Chamber of Small Traders and Small...
IMF’s $3bn tranche to Argentina on hold as talks go on
The local peso currency has lost more than half its value against the US dollar this year as concerns swirled over the government’s ability to pay its debt obligations next year.
Apple explores moving 15-30pc of production capacity from China: report
Apple Inc has asked its major suppliers to assess the cost implications of moving 15 per cent to 30pc of their production capacity from...
SECP to host International Islamic Capital Markets conference
Pakistan Stock Exchange and other institutions are collaborating with the Commission on this conference
Qualcomm launches new chip to power 5G smartphones
Qualcomm Inc on Tuesday introduced its second-generation of so-called modem chips to connect phones to 5G networks, speeding up the race around faster wireless...
