Brent oil jumps to four-year high near $81
LONDON:Â Brent oil soared Monday close to $81, reaching the highest level since November 2014 after OPEC and other global producers snubbed pressure from US...
Matco Foods book-building concludes, over-subscribed by 1.044 times
LAHORE: In a bourse notification filed Friday by Muslim Commercial Bank (MCB) disclosed that Matco Foods book-building was over-subscribed by 1.044 times.
MCB said the...
Bytedance names Shuttlerock creative partner for TikTok
In an effort to help brand marketers produce high-quality video ads for the TikTok audience, Bytedance has named Shuttlerock as an official TikTok Creative...
EDB invites stakeholders to discuss National EV Policy
KARACHI:Â The Engineering Development Board (EDB) has called a consultative meeting on November 1 at the Pakistan Industrial Development Corporation (PIDC) to discuss proposals regarding...
Unpredictable rain pattern forces Punjab to build new irrigation systems
LAHORE: Most of Tajammul Abbas’s 17 acres of farmland produces nothing but fodder for his buffalo and three goats. His land, and that around...
LSMI sector posts negative 1.90% growth in eight months of FY 2024-25
Overall output decline driven by reductions in key sectors, with tobacco, automobiles, and petroleum showing growth amid broader industry contraction
P&G posts strong profit amid $8bn writedown of Gillette
Procter & Gamble Co's quarterly revenue and profit beat Wall Street expectations on Tuesday, sending shares up even as the world's No.1 personal goods...
Company fined Rs2 million for smuggling cell phones
ISLAMABAD: The Collector, Customs Intelligence has imposed a penalty of Rs2 million to the foreign cellular phone company in the case smuggling of 78,160...
BoI launches ‘Doing Business Plan’ to improve country’s global ranking
ISLAMABAD:Â Board of Investment Secretary Samaira Nazir Siddiqui on Wednesday said that Board of Investment (BOI) in consultation with all stakeholders has launched an accelerated...
Test proves Tarbela 4 project’s efficiency higher than envisaged
ISLAMABAD:Â The Pakistan Water and Power Development Authority (WAPDA) has successfully carried out simultaneous load rejection test of all three units of Tarbela 4th Extension...
ADB, UNDP renew pact to accelerate progress towards sustainable development
WASHINGTON:Â The Asian Development Bank (ADB) and the United Nations Development Programme (UNDP) signed a five-year memorandum of understanding (MOU) to accelerate progress towards sustainable...
No petrol strike as negotiations between govt and dealers prove successful
ISLAMABAD: The federal government has agreed to the demands of the Petroleum Dealers Association (PPDA) and accepted the increase in dealers' margin on the...
Augere launches LTE services for corporate sector in 11 cities
Augere Pakistan becomes the first Pakistani company to deploy corporate LTE in 11 cities of Pakistan. Currently, LTE service is available to mobile phone...
CCP recommends privatization, public-private partnerships for power distribution companies
Commission calls for structural reforms to address inefficiencies, reduce losses, and boost competition in the power sector
ADB appoints Ahmed M Saeed as vice president
The Asian Development Bank (ADB) has appointed Ahmed M Saeed as Vice-President. Saeed will be responsible for operations in the Southeast Asia Department, the...
