OGRA, SNGPL allegedly behind inflated gas bills

'Govt likely to rationalise the prices of different billing slabs in order to facilitate domestic gas consumers’ ISLAMABAD: The recent increase in...

Canada’s Sunrise Records agrees to buy UK music retailer HMV

LONDON: Canadian company Sunrise Records has agreed to buy ailing British music retailer HMV, safeguarding around three-quarters of jobs, administrators KPMG announced Tuesday. HMV,...

‘Another 20 VIP passenger trains to hit the rails soon’

Sh Rasheed says with the same amount spent on the 27km orange line train, he could have laid a new track...

General Electric to pay $57m for missing French job target: ministry

PARIS: General Electric is to pay 50 million euros ($57 million) for failing to meet a job creation target agreed when it took...

World Bank leadership search likely to end with US candidate

The search for a new leader for one of the most high-profile global organizations begins Thursday and seems likely to end again...

UK economy flat-lines as Brexit nears, firms cut jobs: PMI

Sterling slipped to near two-week lows against the dollar after a leading gauge of the world’s fifth-biggest economy, the IHS Markit/CIPS UK Services Purchasing Managers’ Index (PMI), fell to 50.1 in January from 51.2 in December

Merkel sets out condition for Huawei’s participation in 5G network

Huawei faces international scrutiny over its ties with the Chinese government and suspicion that Beijing could use Huawei’s technology for spying, which the company denies

Kuwait sees risk of oil supply shortage in 2019 due to Venezuela

Hashem said OPEC+ actions should help re-balance the oil markets this year but he also warned of the impact of underinvestment in the oil industry which could cause a supply crunch by 2025

Oil prices edge up as market eyes tighter supply

International Brent crude oil futures were at $62.72 a barrel, also up 21 cents or 0.4 percent, after closing down 0.4 percent in the previous session

Active social media users in Pakistan grow by 5.7%: Report

As of January 2019, the total number of active social media users was recorded at 37 million and active social media users as a percentage of the population were 18%

Fertilizer plants to be extended relief of Rs50 billion: Report

ISLAMABAD:  In another concession to the industrial sector, the government will be providing a relief package worth Rs50 billion by decreasing the...

Hyundai-Nishat plant likely to commence production by end of 2019: Mian Mansha

The business tycoon disclosed that hybrid vehicles are already here for trial testing and there was a reasonable demand for them and will be available for sale within the next two months

Govt approves formation of 25-member national tourism coordination board

Pakistan Tourism Development Coordination will be reorganised and PTDC's Rs200bn worth properties will be transferred to provinces ISLAMABAD: The government on Monday approved the...

Four-member committee to probe inflated gas bills

ISLAMABAD: Following the directions of Prime Minister Imran Khan, the Petroleum Division on Monday constituted a four-member committee to probe the issue of...

Denmark expels two Huawei staff over work permit issues

Denmark has ordered the expulsion of two employees of Chinese telecoms giant Huawei because their residence and work permits were not in...