China says US should withdraw arrest warrant for Huawei executive
BEIJING: China’s foreign ministry called in the US ambassador on Sunday to lodge a “strong protest” over the arrest in Canada of...
PM confident of future despite ‘plunder’ by previous govts
Khan says past govts not only overburdened the country with excessive debts but also spoiled the institutions
ISLAMABAD: The prime minister said on...
China’s Lenovo revenue falls for third consecutive quarter as PC demand slumps
China's Lenovo Group Ltd (0992.HK) on Wednesday reported a 24% fall in revenue for the January-March quarter, meeting market expectations, as demand for...
Two Adani Group firms to raise up to $2.57bn from the market
Two Adani group companies including the Indian conglomerate's flagship firm announced plans on Saturday to raise up to $2.57 billion from the...
Trade bodies urged to supplement govt’s export enhancement drive
ISLAMABAD: Directorate General of Trade Organizations (DGTO) Director General Waqar Ahmad Shah has called upon the trade bodies and associations to supplement 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...
Richard Branson’s Virgin Orbit files for bankruptcy, to seek buyer
Richard Branson's Virgin Orbit Holdings (VORB.O) filed for Chapter 11 bankruptcy on Tuesday after the satellite launch company failed to secure the long-term...
Gulf conflict would see oil prices spike, ease, jump again: research
LONDON: Oil would initially jump by $15-20 a barrel if Iran blocked the Strait of Hormuz, but prices would ease immediately once...
Trump readies tariffs on $200 billion more Chinese goods despite talks: source
Trump, who had already imposed 25 percent tariffs on $50 billion of Chinese goods, said a week ago that he would be adding tariffs on another $200 billion in goods
China’s reopening brightens developing Asia’s 2023 growth outlook – ADB
Developing Asia will grow faster than previously thought this year, underpinned by a stronger-than-projected rebound in China, but risks from global banking...
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...
NA calls for level playing field in KP marble industry
ISLAMABAD: MNA Ali Awan on Monday stated that a level playing field should be provided to the marble businesses whether operating in the...
KCCI invited to participate in US investment summit
KARACHI: Mark Russel, the Senior Commercial Officer at Consulate General of the United States of America, has invited the Karachi Chamber of Commerce...
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...
KP businessmen demand immediate release of income tax refunds
PESHAWAR: The Sarhad Chamber of Commerce and Industry (SCCI) on Saturday demanded the Federal Board of Revenue (FBR) to immediately release income...