Govt urged not to deprive Sindh of its constitutional right in supply of gas
APTMA chief says low gas pressure is causing disturbance in production lines, delays in exports and damages to costly plants and...
Japan rebounds, Asia jumps on US data as trade talks begin
Japan’s benchmark, bouncing back from steep losses last week, started the day trading over 3 percent higher
Oil prices rise more than 1% on trade talks, supply cuts
Financial markets were being lifted early on Monday on expectations that face-to-face trade negotiations between delegates from Washington and Beijing, due to start on Monday, would lead to an easing in tensions between the two biggest economies in the world
Govt directs domestic refineries to use ‘deemed duty’ for upgradation of facilities
According to a notification issued by the Ministry of Energy (MoE), the government has directed refineries to sign commercial agreements with power producers for using their capacity for furnace oil storage
SBP likely to keep interest rates unchanged for remainder of FY18-19: Fitch Solutions
It warned from a long-term perspective, money and credit growth remain troublesome and indicate inflation pressures are probably going to remain fairly high
Abraaj nears deal to offload its 66pc stake in K-Electric to Chinese group
Private equity firm Abraaj is close to reaching agreement with the Pakistan government to sell its 66 per cent stake in Karachi-based...
Pakistan, UAE finalise talks to build oil refinery, says Fawad Chaudhry
ISLAMABAD: Minister for Information and Broadcasting Chaudhry Fawad Hussain on Sunday said that the United Arab Emirates (UAE), would build an oil...
Kuwait reiterates request to Dubai to release $496 million frozen funds
DUBAI: Kuwait reiterated its request to Dubai to release $496 million in frozen funds held for over a year and belonging to...
Reliance Communications says committed to settle dues with Ericsson
The transaction was key to the debt-laden telecom operator’s restructuring plan, announced in May 2018, which entailed the sale of telecom assets such as towers and airwaves to Jio
China’s Chongqing to step up support for real economy
SHANGHAI: The sprawling southwestern Chinese city of Chongqing has introduced more measures to bolster the real economy amid growing pressure from Beijing...
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...
Cabinet to consider the summary of appointment of President/CEO ZTBL
The slot of President ZTBL Bank fell vacant after the termination of former President and CEO ZTBL Syed Talat Mahmood in October last year and the government had given the acting charge to Sheikh Aman Ullah