McDonald’s temporarily shuts US offices, prepares layoff notices, WSJ reports
Burger chain McDonald's Corp (MCD.N)Â is temporarily closing its U.S. offices this week as it prepares to inform corporate employees about its layoffs as part...
Hotel management startup Roomy raises $1 million in Pre-Series A round led by Lakson VC
LAHORE:Â Islamabad-based Roomy Hotels (Private) Limited (Roomy.pk) has closed a $1 million Pre-Series A round led by Lakson Venture Capital (Lakson VC).
The announcement was made...
Business community expresses solidarity with PM Khan, armed forces
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Saturday organised an event "Jaag Raha hai Pakistan" to pay tribute and express solidarity...
Turkey’s ADO Group to invest in Pakistan’s real estate, construction industry
LAHORE: Turkish business giant ADO Group will invest in Pakistan’s construction and real estate industry, said Shafiq Akbar, Chairman of the Imarat Group of...
BMG unhappy with ‘bogus’ FPCCI, says won’t contest upcoming election
KARACHI:Â Businessmen Group (BMG) Chairman and former Karachi Chamber of Commerce and Industry (KCCI) president Siraj Kassam Teli has categorically stated that BMG would not...
PM seeks businessmen’s support to revive economy
–Imran says govt undertaking reforms to strengthen economy, enhance FBR’s performance for tax boost
–Says nation needs to change mindset about taxation, imperative for traders to...
Traders protest ban on food export
KARACHI: Employers Federation of Pakistan (EFP) President Ismail Suttar has protested the recently announced two-week ban on food edibles imposed by Prime Minister Imran...
Shell blames lower energy prices for profit squeeze
LONDON:Â Energy giant Royal Dutch Shell said Thursday its net profit was halved in the second quarter due to lower oil and gas prices as...
Record-tampering case surfaces in SECP
ISLAMABAD: A record-tampering case has surfaced in the Securities of Exchange Commission of Pakistan (SECP), where two Pakistani directors of a registered company, with...
Commerce ministry reaches out to business community on Pak-China FTA
'Now that Pakistan has zero per cent duty on 313 products in China, it is for our entrepreneurs to capitalise on opportunities created...
Economic revival, trade facilitation among govt’s top priorities: president
KARACHI: President Dr Arif Alvi said on Tuesday that revival of the country’s economy was the topmost priority of the present government.
Talking to a business...
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...
Business community confident ahead of Saudi crown prince’s visit
Businessmen laud the leadership of PM Imran Khan and his commitment towards ensuring transparency in Pakistan
KARACHI:Â The Businessmen Panel (BMP) of the Federation of Pakistan...
Industrialists urge govt to take pragmatic steps for resolution of issues
PESHAWAR: Industrialists have urged the government to take pragmatic steps for resolution of issues to promote industrialization in Khyber Pakhtunkhwa.
The industrialists Association Peshawar (IAP)...
China’s Huawei sees little impact on sales from US broadside
SHENZHEN/HONG KONG: The US campaign against China’s Huawei is having little impact on the company's sales and it is unlikely many countries will follow...
