Airbnb shares fall after probe into unpleasant customer experiences

Shares of Airbnb Inc (ABNB.O) fell as much as 6% on Thursday after an online independent publication released a report that probed unpleasant...

Budget aims to promote industrialisation, FBR chief tells traders

--Shabbar Zaidi says department is mulling to charge tax on the basis of electricity bill on shops with an area of 240...

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...

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...

UK net debt passes 100% of GDP for first time since 1961

Britain's public sector net debt surpassed 100% of gross domestic product in May as borrowing came in higher than expected, the Office...

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...

Spanish investors invited to explore Pakistani market

ISLAMABAD: Commerce Secretary Sardar Ahmad Nawaz Sukhera on Tuesday invited the Spanish investors to visit Pakistan and hold business-to-business meetings with their Pakistani...

Pakistan Post to open 125,000 franchises countrywide: Murad

ISLAMABAD: Up to 125,000 franchises of Pakistan Post would be built across the country this year as a part of a development...

China says Russian involvement pivotal in Belt and Road Initiative

BEIJING: Russia is China’s major partner in the implementation of the Chinese government’s development strategy Belt and Road Initiative, Yu Jun, adviser at...

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...

Facebook’s cryptocurrency ambitions face privacy concerns, political backlash

SAN FRANCISCO/NEW YORK: 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...

Coca-Cola appoints Fahad Ashraf as GM for Pakistan, Afghanistan

The Coca-Cola Export Corporation (Pakistan) has announced a new leadership appointment with Fahad Ashraf taking over as the new General Manager for...

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...

Indian businessman Pramod Mittal detained in Bosnia

SARAJEVO: Indian businessman Pramod Mittal has been detained by police at a company in northern Bosnia on suspicion of organised crime and...