Traders shut down markets across Pakistan
--Most businesses remain shut in Lahore, Karachi, Peshawar and Quetta in protest against ‘unfair’ taxes levied by govt
LAHORE/KARACHI/ISLAMABAD: A countrywide shutter-down strike was...
Saudi Arabia denies crown prince seeks to buy Manchester United
DUBAI: Saudi Arabia’s crown prince is not seeking to buy Premier League football club Manchester United, the kingdom’s media minister said on...
Footwear exports surge 13pc in 11 months
ISLAMABAD: The footwear exports from the country witnessed an increase of 13.02 per cent during the first eleven months of the fiscal...
Oman awards road infrastructure projects to NESPAK
LAHORE: NESPAK has been awarded mega road and infrastructure projects in the Sultanate of Oman, enabling a Pakistani engineering firm to generate...
Senate body stresses uniform criteria for all provinces in FPCCI election
Committee terms one-year tenure of FPCCI president as insufficient, as ‘most of the time is spent in preparation for next election’
ISLAMABAD:Â The...
FedEx sues US government over shipment restrictions
NEW YORK:Â American logistics giant FedEx has sued the US government, saying Washington's restrictions on exports and imports due to growing trade disputes...
FCCL expects double-digit growth in cement despatches this year
LAHORE:Â The management of Fauji Cement Company Limited (FCCL) is expecting a double-digit growth in cement despatches for the financial year 2019-20 (FY21),...
Chinese trade mission to visit Pakistan on 26th
ISLAMABAD:Â Adviser to Prime Minister on Commerce and Textiles Abdul Razzaq Dawood has said a Chinese buying mission, consisting prominent businessmen and investors,...
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...
IMF wants China-US trade deal to address structural issues
WASHINGTON:Â Any trade deal between China and the United States should be a long-lasting one that is consistent with multilateralism and addresses structural...
HBL starts RMB business in China
URUMQI: Habib Bank Ltd now offers end-to-end intermediation for Chinese currency Renminbi (RMB), allowing customers to now open RMB accounts.
This makes HBL...
UK net debt passes 100% of GDP for first time since 1961
Britain's public sector net debt surpassed 100% of gross domestic product in May as borrowing came in higher than expected, the Office...
Richard Branson’s Virgin Orbit files for bankruptcy, to seek buyer
Richard Branson's Virgin Orbit Holdings (VORB.O)Â filed for Chapter 11 bankruptcy on Tuesday after the satellite launch company failed to secure the long-term...
Business community lauds Saudi investment in Pakistan
ISLAMABAD: Pakistan's business community on Tuesday lauded Saudi Arabia’s commitment to investing billions of dollars into the dwindling economy of Pakistan.
Federation of...
Pakistani gold demand jumps as prices rebound
Gold prices in Pakistan rose on Saturday, in line with a surge in international prices, which sparked concerns over expensive imports and...