Pakistani products take centre stage at China’s commodity expo

Pakistani products have attracted a large number of local and international entrepreneurs at the ongoing South and Southeast Asia Commodity Expo and Investment Fair...

Uber to unveil next-generation Volvo self-driving car

The new production XC90 will have factory-installed steering and braking systems designed for computer rather than human controlWASHINGTON: Uber Technologies Inc on Wednesday...

Pakistan’s first fashion billionaire?

The year 2017 is the first time the Pakistani clothing market hit Rs1 trillion in consumer spending (according to an analysis conducted by Profit...

Govt to spend Rs1.8tr on public sector

CPEC takes centre stage as PTI eyes 'balanced development'  Centre allocates Rs912bn for provinces, sets 951bn aside for federal ministries, divisions  Rs155bn allocated...

ADB to conduct feasibilities for installation of smart metres in KP, Sindh

ISLAMABAD: Asian Development Bank (ADB) will conduct feasibilities in the Peshawar, Hyderabad and Sukkur electric supply companies for installation of smart (AMI) metres and ABC...

Saudi seeks oil supply protection as US and Iran face off

DUBAI: Saudi Arabia called for swift action to secure Gulf energy supplies, after the United States blamed Iran for attacks on two oil tankers...

Saudi energy minister hopes to balance oil market before 2020

Saudi Arabia is working to balance global oil markets this year, the country’s energy minister said on Saturday when asked if there's an impending...

Huawei applies to trademark its own operating system after US ban

LIMA/SHANGHAI: China's Huawei has applied to trademark its "Hongmeng" operating system (OS) in at least nine countries and Europe, data from a UN body...

NEPRA increases power tariff by Rs1.49 per unit

The National Electric Power Regulatory Authority (NEPRA) has increased the power tariff by Rs1.49 per unit for consumers, a private media outlet reported.Power distribution...

Iran scrambles to lift petrochemical sales as sanctions hammer oil

LONDON/DUBAI/SAO PAULO: Iran has been racing to step up exports of petrochemicals and tap new markets to compensate for sliding oil sales, Iranian and...

Nissan considers giving Renault some seats on oversight committees

TOKYO: Nissan Motor Co is considering giving its alliance partner Renault SA some seats on planned oversight committees after the French automaker expressed discontent with...

Renault vows ‘fresh start’ for alliance with Nissan

PARIS: Renault's chairman vowed a "fresh start" on Wednesday for the carmaker's strained alliance with Japanese partner Nissan, saying its success was key after a...

FBR receives data of withholding taxes from banks

People asked to disclose undeclared bank accounts under amnesty scheme by June 30ISLAMABAD: The Federal Board of Revenue (FBR) has received details of all...

SC orders sugar mill owners to pay dues by Friday

'If the commitment made with the court is not upheld, there will be dire consequences' ISLAMABAD: The Supreme Court has ordered the sugar mill owners to...

PFC terms federal budget as growth-oriented, balanced

ISLAMABAD: Pakistan Furniture Council (PFC) Chief Executive Mian Kashif Ashfaq on Wednesday termed the Federal Budget 2019-20 as balanced, growth-oriented and moderate, envisaging several pro-business...

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