Indus Motors set to be first automotive firm to export semi-processed parts to Egypt
IMC will join Toyota’s global supply chain with the Toyota Egypt deal
Foxconn targets India’s chip scheme after pulling plug on $19.5bn JV
Foxconn said it intends to apply for incentives under India's semiconductor production plan, a day after the Taiwanese firm split with Vedanta...
After $82mn controversy in Uch, OGDCL issues LoI to second bidder
Joint venture between Presson Descon and SNGPL, which was earlier awarded the project, failed in March
Standard Chartered bumps up bitcoin forecast to $120,000
Top cryptocurrency bitcoin could reach $50,000 this year and $120,000 by the end of 2024 Standard Chartered (STAN.L) said on Monday, predicting the...
EU proposes four-year extension of GSP+ status for Pakistan
ISLAMABAD: The European Union (EU) has suggested prolonging Pakistan's Generalized Scheme of Preferences Plus (GSP+) status for an additional four years, according...
McDonald’s drops tomatoes from India offerings, citing quality concerns as prices surge
Restaurants of fast food chain McDonald's have dropped tomatoes from their burgers and wraps in many parts of India, hit by supply...
Currency dealers hold back on dollar sales
Currency dealers are buying dollars in the range of Rs 275-280 but are not willing to sell
APTMA invites Primark to open office in Pakistan
LAHORE: The All Pakistan Textile Mills Association (APTMA) has invited Primark, an international fashion retailer, to open offices in Pakistan.
A delegation of...
US says it opposes export controls by China on metals, will consult allies
The United States "firmly" opposes export controls announced by China on gallium and germanium, metals needed to produce semiconductors and other electronics,...
Kashf Foundation issues first “Gender Bond” to empower women-led businesses
The bond, guaranteed by InfraZamin Pakistan, is expected to raise Rs 2.5 billion. But what will this bond do?
Avanceon’s subsidiary awarded major municipality contract in Qatar
Avanceon Automation & Control W.L.L Qatar, a subsidiary of Avanceon Limited, has secured a lucrative contract from a prominent municipality in the...
China to restrict exports of chipmaking materials as US mulls new curbs
China will control exports of some metals widely used in the semiconductor industry, its commerce ministry announced on Monday, the latest salvo...
Byju’s and lenders renew talks to restructure debt, Bloomberg reports
Embattled Indian edtech startup Byju's and some of its lenders have restarted negotiations to restructure its $1.2 billion term loan, Bloomberg News...
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...
Foreign investors urge govt to address anomalies in 2023-24 Budget
Foreign investors have expressed their concerns to the government regarding certain flaws in the 2023-24 budget. They are urging the government to...