U.S., China sketch outlines of deal to end trade war: sources

Lower-level officials held a round of talks in Washington on Tuesday and Wednesday. They will be joined on Thursday by the top level negotiators, led by U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He.

Walmart buys out $1.4bn Tiger Global stake in India’s Flipkart, WSJ reports

Walmart (WMT.N) has paid $1.4 billion to buy out hedge fund Tiger Global's investment in its Indian e-commerce firm Flipkart and acquired private...

Construction of Faisalabad Expo Centre to commence this year: Dawood

LAHORE: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Monday that the construction of a state-of-the-art expo centre in...

Meta, Microsoft, hundreds more own trademarks to new Twitter name

Billionaire Elon Musk's decision to rebrand Twitter as X could be complicated legally: companies including Meta (META.O) and Microsoft (MSFT.O) already have intellectual property rights...

Malls consider reducing rental waivers as Covid-19 cases decline

KARACHI: As the coronavirus cases decrease in the country, leading malls may be looking towards reducing waivers on rentals which poses a...

Elon Musk says X will strip ability to block accounts

Social media company X, formerly known as Twitter, will remove a protective feature that lets users block other accounts, owner Elon Musk...

Not running away, says KIA Pakistan’s CEO, despite serious challenges

KARACHI: KIA Lucky Motors (KLM) CEO Asif Rizvi admits Pakistan is facing ‘very difficult times’ but at the same time he cited...
Taxation

Informal market expands as organized sector shrinks under tax pressure

Writing for Dawn, author Nasir Jamal explains that Pakistan's poor tax revenues, which are below 10 percent of GDP and among the...

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

Balochistan Glass acquires 50% ordinary shares of MMM Holding

LAHORE: According to a Pakistan Stock Exchange (PSX) notification, the Balochistan Glass Ltd (BGL) has received a Notice of Punjab Announcement of...

PakWheels eyes transaction-based business model through its new service ‘Sell it for me’

LAHORE: PakWheels.com, Pakistan's leading online portal for the buying and selling of cars, bikes and auto parts in Pakistan, looks set to...

Banking sector in shambles over a plausible cyber-attack

MCB, ABL, other major banks reassure customers’ safety, SBP certifies only Bank Islami was affected

Diamond Industries restrained from using Master’s trademark ‘Papa Jaani’

Pakistan Electronic Media Regulatory Authority, through a notification, has directed all satellite television licencees to comply with the orders of the Intellectual...

Pakistan’s cherries sweeten up Chinese market: market access granted after 12-year wait

ISLAMABAD: While the cherry this year is over, Pakistan has gained market access for exporting cherries to China. After a 12-year-long wait,...

NADRA collaborates with Virtual Remittance Gateway to enhance digital payments ecosystem

With the new collaboration, users can pay their utility bills, NIS fees, obtain NIMS certificates and perform interoperable financial transactions in a hassle-free manner