Amazon’s cloud unit to invest $13bn in India by 2030
Amazon Web Services (AWS), the cloud computing division of Amazon.com Inc (AMZN.O), said on Thursday it plans to invest 1.06 trillion rupees...
Foreign Direct Investment dips 29pc in April
ISLAMABAD: Foreign Direct Investment (FDI) in Pakistan decreased by almost 29% in April and 23% in the first 10 months of the...
Oil falls as economic concerns offset prospect of tighter supplies
Oil prices slipped on Monday as concerns about fuel demand in top global oil consumers United States and China offset bullish sentiment...
At G7, a warning about economic outlook as US debt crisis looms
Finance leaders of the Group of Seven (G7) nations warned on Saturday of mounting economic uncertainty, in a subdued end to a...
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...
Vast China-Russia resources trade shifts to yuan from dollars in Ukraine fallout
China has dramatically increased use of the yuan to buy Russian commodities over the past year, with nearly all of its purchases...
Musk says Twitter to soon allow calls, encrypted messaging
Twitter Inc Chief Executive Elon Musk on Tuesday revealed details about new features including adding calls and encrypted messaging coming to the...
LinkedIn cuts over 700 jobs, phases out China app as demand wavers
LinkedIn, the social media network owned by Microsoft Corp (MSFT.O)Â that focuses on business professionals, said on Monday it would cut 716 jobs...
Yellen is calling CEOs personally to warn on US debt ceiling, sources say
Treasury Secretary Janet Yellen is reaching out to U.S. business and financial leaders to explain the "catastrophic" impact a U.S. default on...
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
Pakistan decides to enhance relationship with African countries
ISLAMABAD: The federal cabinet has approved the signing of a Memorandum of Understanding (MOU) for Bilateral Political Consultations (BPC) with Ethiopia, as...
Ghandhara’s Q3FY23 losses ravage annual earnings
The company recorded a loss of Rs 278.4 million for Q3FY23, with 9MFY23 earnings now at a loss of Rs 238.3 millionÂ
Google, Microsoft CEOs called to AI meeting at White House
The chief executives of Alphabet Inc's Google (GOOGL.O), Microsoft (MSFT.O), OpenAI and Anthropic will meet with Vice President Kamala Harris and top administration...
IGI Investments (Private) Limited acquires majority biopharmaceutical companyÂ
IGI Holdings Limited is a Packages group company and was incorporated in 1953
Agriauto Industries declares fourth consecutive partial shutdown for 2023
Company attributes decision to collapse in demand across automotive industry