Alibaba puts CFO in charge of investment in major management reshuffle

BEIJING/SHANGHAI: China's Alibaba Group Holding Ltd on Tuesday unveiled its most significant business reshuffle since co-founder Jack Ma announced his pending retirement,...

Facebook plans its own currency for over two billion users

The digital currency, called Libra, is scheduled to launch sometime in the next six to 12 months SAN FRANCISCO: Facebook already rules daily...

US businesses beg to be left off Trump’s tariff list

Hundreds of US businesses from local bridal shops to multi-billion dollar retailers have submitted comments to the US Trade Representative's Office opposing...

Argentinian investors urged to explore Pakistani market

ISLAMABAD: President Dr Arif Alvi said on Monday that Pakistan's unique geographical location and investment-friendly regime offered lucrative business opportunities to foreign businessmen. In...

FPCCI forms committee to highlight budget anomalies

ISLAMABAD: Federation of Pakistan Chamber and Commerce and Industry (FPCCI) has constituted a high-level 17-member committee to highlight budget anomalies and address...

Is Ernst & Young about to exit Pakistan?

Ernst & Young, the global accounting and professional services firm that goes by its brand name EY, is re-evaluating its relationship with...

LCCI calls for remedial measures before budget approval

LAHORE: Lahore Chamber of Commerce & Industry (LCCI) on Saturday urged the national and Punjab assemblies to take remedial measures through consultations with...

‘Business community stands with PM in his fight against corruption’

ISLAMABAD: Pak-US Business Council and United Business Group Chairman Iftikhar Ali Malik has said that the business community would extend all-out support to...

Huawei applies to trademark its own operating system after US ban

LIMA/SHANGHAI: China's Huawei has applied to trademark its "Hongmeng" operating system (OS) in at least nine countries and Europe, data from a...

Uber to unveil next-generation Volvo self-driving car

The new production XC90 will have factory-installed steering and braking systems designed for computer rather than human control WASHINGTON: Uber Technologies Inc...

SC orders sugar mill owners to pay dues by Friday

'If the commitment made with the court is not upheld, there will be dire consequences'  ISLAMABAD: The Supreme Court has ordered the sugar mill...

ICCI terms budget ‘burdensome’ for business community, common man

ISLAMABAD: The Islamabad Chamber of Commerce & Industry (ICCI) termed the first annual budget presented by the Pakistan Tehreek-e-Insaf government as "quite taxing...

Budget 2019-20: Salaried class to pay more taxes under PTI govt

Tax reliefs for salaried class introduced by the PML-N government have been withdrawn by the PTI led government in the latest budget.

Business community laments ‘tax-levied, ambitious’ budget

'Govt said common man will not be affected, but then tax on sugar has been increased to 17pc from 8pc' Following the...

Uber chief tightens grip with top execs’ departures

Uber chief Dara Khosrowshahi has put out a word that he is tightening his grip on the wheel at the ride-share firm...