Saudi Aramco building global gas business to cut carbon footprint

DUBAI: Saudi Aramco, the world's biggest oil producer, was building an international gas business and converting more crude oil into chemicals in...

LCCI pays homage to golden jubilee members

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) on Saturday organised a ceremony to recognise the services of its Golden Jubilee Members,...

Iran accuses KSA, Russia for taking oil market as ‘hostage’

LONDON: Iran’s Organization of the Petroleum Exporting Countries (OPEC) governor said on Saturday that Saudi Arabia and Russia have taken the oil...

Trade bodies urged to supplement govt’s export enhancement drive

ISLAMABAD: Directorate General of Trade Organizations (DGTO) Director General Waqar Ahmad Shah has called upon the trade bodies and associations to supplement the...

KCCI invited to participate in US investment summit

KARACHI: Mark Russel, the Senior Commercial Officer at Consulate General of the United States of America, has invited the Karachi Chamber of Commerce...

FedEx sues US government over shipment restrictions

NEW YORK: American logistics giant FedEx has sued the US government, saying Washington's restrictions on exports and imports due to growing trade disputes...

Chinese firm keen to help Pakistan in waste management

ISLAMABAD: A Chinese company has expressed a keen interest in making investments in Pakistan’s waste management sector. Talking to APP in Beijing, the...

Sri Lanka risks EU trade concessions over political slide back – envoy

The European Union is worried the return of Mahinda Rajapaksa, as prime minister, could derail halting progress made towards national reconciliation following a war with ethnic minority Tamil separatists that killed tens of thousands, many during the final stages under his watch as president.

BMP sees ‘tough competition’ in upcoming FPCCI election

KARACHI: The elections of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for the year 2020 would be held on December 27,...

China accuses FedEx of ‘holding up’ Huawei parcels

BEIJING: China accused FedEx of deliberately "holding up" the delivery of more than 100 Huawei packages after the US firm misrouted some parcels...

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...

Chip sector slowdown hits Swiss tech group Comet

Lower sales growth, shifts in the product mix and higher-than-expected restructuring costs would also hit profitability this year, the company said in a statement.