China accuses FedEx of ‘holding up’ Huawei parcels
BEIJING:Â China accused FedEx of deliberately "holding up" the delivery of more than 100 Huawei packages after the US firm misrouted some parcels...
Chinese company to invest $20m in Pakistan’s services sector
Timesaco will launch a taxi service 'Buraq', delivery service 'Fema' and freight service 'Cargo+'
ISLAMABAD:Â Chinese investors have worked out a comprehensive business...
Indian businessman Pramod Mittal detained in Bosnia
SARAJEVO: Indian businessman Pramod Mittal has been detained by police at a company in northern Bosnia on suspicion of organised crime and...
Trump’s decision to enhance trade relations with Pakistan lauded
'US can capitalise on Pakistan's vast pool of skilled human resource, a large agrarian base, tremendous tourism potential, diverse mineral wealth,...
Microsoft to invest $1 billion in OpenAI
Microsoft Corp said on Monday it was investing $1 billion in San Francisco-based OpenAI and that the two had formed a multi-year...
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),...
FPCCI achievement awards on 25th
ISLAMABAD:Â The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) would organise its 7th achievement awards ceremony for the year 2019 on...
WB team visits LCCI to think up ways for agri development
LAHORE: A four-member of the World Bank's Strengthening Markets for Agriculture & Rural Transformation in Punjab (SMART) programme called on Lahore Chamber...
FBR warns business community against under-invoicing, misdeclaration
The Federal Board of Revenue (FBR) has warned the business community against under-invoicing or misdeclaration of imported goods.
“Otherwise, the FBR will take...
PM Imran says won’t give in to traders’ pressure
'If we all pay taxes regularly, we will have enough money to pull the country out of the quicksand of loans'
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PTEA demands immediate resdressal of export-related challenges
'Stuck-up liquidity in refund regime, non-availability of subsidy on energy supplies and imposition of taxes on raw materials have adversely impacted...
ICCI resents hike in SBP policy rate, demands withdrawal
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has resented the State Bank of Pakistan's decision of increasing the policy rate...
PM meets US companies’ reps, vows investor facilitation
ISLAMABAD: Prime Minister Imran Khan said on Tuesday that the government was fully committed to extending all-out facilities to the local and...
Renault sales fall in weakening auto market
PARIS: French auto giant Renault said on Tuesday its first-half sales were hit by a slowdown in several emerging countries but overall...
Gulf conflict would see oil prices spike, ease, jump again: research
LONDON: Oil would initially jump by $15-20 a barrel if Iran blocked the Strait of Hormuz, but prices would ease immediately once...