UPS, FedEx shares plummet after reports claim Amazon entering delivery business

NEW YORK: United Parcel Service Inc and FedEx Corp shares fell 2 per cent on Friday after a report said Amazon.com Inc...

Economic stability, law and order has boosted confidence of foreign investors: PM

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi Monday said that Pakistan has achieved significant economic stability and with the improved law and order...

RCCI hosts foreign dignitaries, business community

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) President Zahid Latif Khan hosted a dinner in honour of the ambassadors, high...

Textile exports increase 7.2pc to $7.73bn in the last seven months

KARACHI: Pakistan’s textile exports surged by 2.1 per cent year-on-year (YoY) to $1.085 billion in January 2018 compared to $1.064 billion in...

FBR, NTC sign MoU for electronic exchange of information

ISLAMABAD: Federal Board of Revenue (FBR) and National Tariff Commission (NTC) have signed a Memorandum of Understanding (MoU) for the exchange of...

Strong manufacturing base key to 7pc growth rate, says Haroon Akhtar

ISLAMABAD: Special Assistant to the Prime Minister on Revenue/Federal Minister Senator Haroon Akhtar Khan has said the government is aware of the need...

Inclusive policies for home-based workers, gender equality stressed

LAHORE: “Women entrepreneurship is the way to economic success. Home-based workers (HBWs) are the key to the economic growth but they go...

Domestic borrowing in control, govt striving to curb trade deficit: Rana Afzal

ISLAMABAD: State Minister for Finance, Rana Muhammad Afzal Khan said Monday that the situation regarding domestic borrowing is not alarming. Responding to a...

Govt to evolve comprehensive STPF -2018-23 for increasing country’s trade

ISLAMABAD: Ministry of Commerce and Textile Industry Federal Secretary Muhammad Younas Dhaga on Wednesday said that it was a priority of the...

South Asia to become global leader in agricultural trade: SCCI

ISLAMABAD: SAARC Chamber of Commerce and Industry (SCCI) Vice President Iftikhar Ali Malik Wednesday said that adopting a unanimous market-oriented agricultural policy...

Australian high commissioner visits BCCI

BAHAWALPUR: Australian High Commissioner Margaret Adamson visited Bahawalpur Chamber of Commerce (BCCI) and Industry on Sunday. She was welcomed by BCCI President Malik Muhammad Aijaz...

Absence of rent control law causing major issues for local traders: ICCI

ISLAMABAD: A delegation of Islamabad Chamber of Commerce and Industry led by its President Sheikh Amir Waheed visited G-10/4 Islamabad to congratulate the...

Goldman Sachs chief Blankfein to retire soon

NEW YORK: Longtime Goldman Sachs chief executive Lloyd Blankfein is in talks to retire and has been contributing to the bank’s choice...

Transport corridor projects to create economic surplus: WB report

ISLAMABAD: A report launched by the World Bank Group (WB) here on Thursday revealed that investment in transport corridors is expected to...

Blackberry sues Facebook over messaging apps

OTTAWA: Canadian telecommunications firm BlackBerry sued Facebook on Tuesday, accusing the American social media company of infringing on its patents for messaging apps. BlackBerry...