Virgin Hyperloop hosts first human ride on new transport system
SEATTLE: Richard Branson’s Virgin Hyperloop has completed the world’s first passenger ride on a super high-speed levitating pod system, the company said...
WhatsApp starts payments service in India
The US-based messaging service WhatsApp on Friday said it had started its payments service in India, through which people can send money...
Marks & Spencer faces £87.6m loss as Covid-19 hits clothing sales
LONDON: Britain's Marks & Spencer swung to a first-half pre-tax loss of £87.6 million ($113.43) in the first half, its first loss,...
1QFY21: Nishat Mills’ profit up 2.5pc to Rs946m
LAHORE: The Board of Directors of Nishat Mills Limited (NML) met on Wednesday to review the company’s performance and announce its financial results...
WhatsApp turns to business messaging to generate revenue
CALIFORNIA: The world’s most popular messaging service is pushing more aggressively into customer service features, including a pay-to-message option for businesses, and...
Huawei ekes out third-quarter revenue growth as US restrictions bite
SHANGHAI: Huawei Technologies Co Ltd eked out a gain in third-quarter revenue as the impact of the Covid-19 pandemic added to supply-chain...
IBM to break up 109-year old company to focus on cloud growth
International Business Machines Corp is splitting itself into two public companies, capping a years-long effort by the world's first big computing firm...
Samsung likely to post 35pc surge in third-quarter profit as smartphone sales recover
SEOUL: Samsung Electronics Co Ltd's September-quarter profit likely surged more than a third, fuelled by strong smartphone sales and a rush order...
Veon to buy remaining shares in Jazz for 100pc ownership
Veon, a leading global provider of connectivity and internet services, has announced that its partner in Pakistan, the Dhabi Group, has exercised...
PIAF-Founders Alliance clean sweeps first phase of LCCI pollsÂ
LAHORE: The PIAF-Founders Alliance on Friday won all seven seats of LCCI Corporate Class for year 2020-21.
Out of total 3,179 votes, 948...
Restaurants’ boycott against Foodpanda expands to major cities
KARACHI: Restaurant owners of major cities of the country have joined a boycott against Foodpanda as the food delivery company has allegedly...
Facebook releases 3rd edition of small business report
SANS FRANCISCO: Facebook has released its third edition of Global State of Small Business Report, a research collaboration with the World Bank...
Pak envoy invites Chinese entrepreneurs to take advantage of SEZsÂ
BEIJING: Pakistan Ambassador to China, Moin ul Haque has invited Chinese businessmen to take advantage of the dividends of Special Economic Zones...
Pakistan committed to implementing 27 GSP+ conventions: Dawood
ISLAMABAD: Adviser to the PM on Commerce & Investment Abdul Razak Dawood has said that Pakistan has stayed focused on the agreed...
Nimir denies entering FMCG market
Nimir Industrial Chemical Limited (NICL) has issued a clarification in response to a media report claiming that ‘Nimir has entered the fast-moving...