Bipartisan deal reached on funding virus-hit US small businesses

WASHINGTON: US lawmakers and the White House have reached bipartisan agreement on a $480 billion emergency package that replenishes a depleted program...

EU nations struggle to bridge bitter split over ‘coronabonds’

EU finance ministers struggled early Wednesday to bridge differences on how to rebuild their economies after the coronavirus, with Germany refusing Italy's...

ICCI calls for ‘comprehensive strategy’ to plug losses caused by COVID-19

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) President Muhammad Ahmed Waheed has stressed the need to evolve a comprehensive strategy so...

World markets surge amid political changes: sources

LONDON A general upward trend was seen in stock markets across the globe on Monday. European stock markets rose on Monday as traders reacted...

NA committee defers five bills to protest finance adviser’s absence

ISLAMABAD: The National Assembly (NA) Standing Committee on Finance and Revenue had recently deferred five government’s bills to protest the absence of Adviser...

CPEC is in Pakistan’s ‘best interest’, says Qureshi amid US criticism

FM says PTI govt will continue to do 'what is beneficial for Pakistan'

Global economy to grow by 2.4pc this year: WB   

WASHINGTON: Recovery in a handful of countries will boost global growth slightly this year but the outlook is riddled with potential pitfalls...
China's economy

China’s economic growth hits 30-year low amid trade war with US

China's economy grew last year at the slowest pace in almost three decades. Official figures show that the world's second-largest economy expanded by...

US jobless claims keep climbing to hit 38.6mln since lockdowns

WASHINGTON: Millions more Americans filed for unemployment benefits last week as backlogs continue to be cleared and disruptions from the novel coronavirus...

PM Imran to launch Rs 30b ‘Hunermand Jawan’ programme today

ISLAMABAD: Prime Minister Imran Khan will launch the country’s largest-ever skill development programme ‘Hunermand Jawan’ on Thursday (today) aimed at enhancing faculties of...

French Finance Minister hopeful about global ‘digital tax’ goal

SWITZERLAND: French Finance Minister Bruno Le Maire is optimistic about reaching a deal on a global tax on digital companies despite an...

OMCs record sales decline of 6% YoY in April 2024

The decline reflects shifts in product-wise and company-wise performance dynamics within the industry