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...
McDonald’s global sales suffer as Covid-19 lockdowns limit operations
McDonald’s Corp on Tuesday reported a broad drop in global same-store sales and missed profit expectations, as its restaurants were shut due...
HP, Dell, other tech firms plan to shift production out of China
--Microsoft, Alphabet, Amazon, Sony and Nintendo are also looking at moving some of their game console and smart speaker manufacturing out of...
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...
China’s Huawei poised to overcome US ban with return of 5G phones, research firms say
China's Huawei Technologies is plotting a return to the 5G smartphone industry by the end of this year, according to research firms,...
Facebook’s cryptocurrency ambitions face privacy concerns, political backlash
SAN FRANCISCO/NEW YORK:Â Facebook Inc has announced ambitious plans to launch a new global cryptocurrency called Libra, part of an effort to expand...
India, Australia aim to boost critical mineral trade in broader deal
India and Australia aim to expand trade in critical mineral to help them achieve their goals on reducing carbon emissions, as they...
FPCCI sees Qatari emir’s visit as good omen for Pakistan’s economy
The recent visit of Qatari Emir Sheikh Tamim bin Hamad Al Thani will go a long way in the promotion of bilateral...
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...
Mercedes aims to be among top two players to scale autonomous tech: paper
FRANKFURT: Mercedes-Benz’s is not aiming to be the first manufacturer to develop a self-driving car but it wants to be among the...
Amazon buys 11 aircraft to make deliveries faster
Amazon.com Inc said on Tuesday it bought 11 Boeing 767-300 aircraft, as it looks to boost its delivery capabilities to cater 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...
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...
Govt urged to declare Ghulam Khan, Kharlachi trade routes rebatable
Due to congestion at Chaman and Torkham borders, Afghan traders are being forced to import their goods through Iranian ports
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...