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...
Indian coffee tycoon VG Siddhartha’s body found floating in river
MANGALURU/BENGALURU: Authorities in Karnataka recovered the body of coffee baron VG Siddhartha floating in a river on Wednesday, two days after his...
Business community calls for durable trade ties with Afghanistan
'Smuggling is obstructing legal trade between the two countries; this should be tackled through rationalisation of tariff barriers'
LAHORE: The Federation of Pakistan...
Commerce ministry reaches out to business community on Pak-China FTA
'Now that Pakistan has zero per cent duty on 313 products in China, it is for our entrepreneurs to capitalise on...
‘Sales tax to be recovered only if supplier is registered’
The Federal Board of Revenue, in its circular issued on Thursday, has clarified that sales tax can only be recovered from the...
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...
KPMG to cut 5% of US jobs in fresh round of layoffs
KPMG is laying off 5% of its U.S. employees after feeling the pinch of "economic headwinds, coupled with historically low attrition," a...
Oracle cuts hundreds of jobs, rescinds job offers in its health unit – Insider
Software firm Oracle (ORCL.N)Â on Thursday laid off hundreds of employees, rescinded job offers and cut back open positions within its health unit,...
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...
JPMorgan cutting about 500 jobs this week
JPMorgan Chase & Co (JPM.N) is cutting about 500 employees this week across its various departments, according to a person familiar with the situation...
SECP makes accounting standards mandatory for listed companies
KARACHI:Â Abacus Consulting, a leading firm in transformation services, has entered into a strategic alliance with Aestimatio Analytics Inc on an exclusive basis...
Exclusive: India regulator probing some Adani offshore deals for possible rule violations
India's market regulator is investigating possible violation of 'related party' transaction rules in the Adani Group's dealings with at least three offshore...
Egyptian transport start-up targets Philippines, Bangladesh after Pakistan launch
ISLAMABAD: Swvl, an Egyptian startup with an app to book bus tickets, plans to launch operations in the Philippines, Indonesia and Bangladesh...
Countries scramble after Thomas Cook collapse strands travellers
The collapse of British travel operator Thomas Cook TCG.L has left hundreds of thousands of holidaymakers abroad and forced governments and insurers...
Dawood reviews EODB reforms, stresses close liaison between Centre, provinces
ISLAMABAD:Â Advisor to Prime Minister on Commerce Abdul Razak Dawood on Thursday chaired a high-level meeting to review the reforms undertaken by the...