France presses Renault over executive compensation paid via Dutch holding company
PARIS: The French government has told Renault to provide more details on compensation paid to senior executives via a Dutch holding company...
Neelum-Jehlum to produce electricity at full capacity from April
ISLAMABAD: Neelum Jhelum Hydroelectric Power Project is bracing up for full generation during the next high flow season that is due to...
Mercedes aims to be among top two players to scale autonomous tech: paper
FRANKFURT: Mercedes-Benz’s is not aiming to be the first manufacturer to develop a self-driving car but it wants to be among the...
Iran’s central bank proposes slashing four zeros from falling currency: IRNA
DUBAI: Iran’s central bank has proposed slashing four zeros from the rial, state news agency IRNA reported on Sunday, after the currency...
China lent $684 million in first five months of current fiscal year 2018-19
Overall, Pakistan has received $1.86 billion loan and grants from July 2018 to November 2018
US employers went on a surprising hiring spree in December
The job gains reported Friday by the Labor Department came despite a trade war with China, a global slowdown and a partial government shutdown now entering its third week
China house price gains no longer a certainty: central bank adviser
Following a furious boom, China has gradually tightened regulatory controls over its massive property market from mid-2016.
PTI needs to deliver “tangible” economic improvements to retain its high popularity: Fitch Solutions
It stated downside risks to policy-making are rising due to a united opposition and enactment in the country
Twelve-member delegation leaves for Sydney to attend 3-day FATF moot
According to the report, a total of 4,643 dubious transactions linked to money laundering and terror financing were unearthed and blocked since 2015
Gas shortage and power plants tripping cripples’ national grid
Pakistan Electric Power Company (PEPCO) on Friday disclosed total power generation stood at 9,800 megawatts, whilst demand was 12,500 megawatts, resulting in a shortfall of 2,700 megawatts
RLNG supply not feasible to fertilizer plants, facing liquidity crunch says, SNGPL
To avoid a liquidity crisis, SNGPL has requested the Ministry of Finance to release subsidy amount worth Rs1,332,184,376 against gas provided to both fertilizer plants from December 8th to December 31st, 2018 on an immediate basis
Report puts entire blame of gas crisis on MD’s of SNGPL & SSGC
According to officials, the major beneficiaries of the recent gas crisis was the oil mafia which was successful in promoting the utilization of imported furnace oil in power plants in contravention of the merit order
NTDC to depute anti-fog insulators for controlling tripping in foggy weather
To rein in these incidents, the NTDC has floated tenders and it is anticipated the anti-fog insulators will be installed at Port Qasim by March 2019
Government borrowing from SBP shoots up to Rs1.43 trillion in first half of FY18-19
Government borrowing from the central bank surged up five times to Rs1.43 trillion during the 1st half of FY18-19 compared to Rs288.09 billion in the same period of last year (SPLY)
Chinese entity expresses interest in reviving PSM
CFMCC in its letter of intent (LoI) has said it is a big state-owned enterprise and China Metallurgical Group Corporation holds shares in the company, which is amongst the top 500 companies globally