Iran says selling oil through ‘unconventional’ means

TEHRAN: Iran is keeping up oil sales through "unconventional" means to circumvent US sanctions, Oil Minister Bijan Namdar Zanganeh said in an interview published on...

Europe’s 5G to cost $62bn more if Chinese vendors banned: telcos

PARIS: A ban on buying telecoms equipment from Chinese firms would add about 55 billion euros ($62 billion) to the cost of 5G networks in...

Facebook suspends app pre-installs on Huawei phones

New Huawei phones will no longer be able to have Facebook, WhatsApp and Instagram apps pre-installedSAN FRANCISCO: Facebook Inc is no longer allowing...

Govt urged not to impose new taxes on beverages

KARACHI: Karachi Chamber of Commerce & Industry (KCCI) former president and Businessmen Group (BMG) Chairman Siraj Kassam Teli has requested the government not to impose...

Oil rises as Saudi Arabia signals OPEC deal extension

LONDON: Oil prices rose on Friday, climbing further from five-month lows hit this week amid signs that OPEC and other producers could extend their output...

Trump tariffs could sink Mexican peso to lowest point this year: analysts

Jesus Lopez, an analyst at the Banco Base, said it is difficult to envision a sustained appreciation of the currency because the country’s credit profile may continue to weaken.

Facebook suspends app pre-installs on Huawei phones

Huawei has said it was prepared for the U.S. action and vowed to work around any disruptions. But some customers at stores in Europe and Asia have told Reuters that they are reluctant to buy Huawei phones in the face of uncertainties

US manufacturing struggling as orders, shipments decline

WASHINGTON: New orders for US-made goods fell in April and shipments dropped by the most in two years, indicating continued weakness in manufacturing activity...

FBR seeks info of account holders having deposits above Rs0.5m

The Federal Board of Revenue (FBR) has acquired from the State Bank of Pakistan (SBP) information about bank account holders having deposits above Rs0.5...

Global recession fears grow as factory activity shrinks

LONDON/HONG KONG: Factory activity contracted across Asia and Europe last month as an escalating trade war between Washington and Beijing raised fears of a global...

British Airways desires to increase destinations in Pakistan: official

ISLAMABAD: British Airways Chief Commercial Officer Andrew Brian has expressed the desire to start the airline's operations in other cities of Pakistan after Islamabad.Addressing a...

Why Google has a target on its back in Washington?

WASHINGTON: The US Justice Department is preparing an investigation of Alphabet Inc’s Google to determine whether the technology company violated laws to ensure fair...

Credit Suisse CEO dismisses European bank mergers as ‘solution’

ZURICH: Mergers are not the best way to help Europe’s banks deal with negative interest rates, Credit Suisse Chief Executive Tidjane Thiam said in...

Saudi Arabia’s central bank warns global slowdown may hit growth

ABU DHABI: Saudi Arabia’s economy is expected to pick up in 2019 but a global economic slowdown and its potential impact on the global...

China central bank urges calm after Baoshang takeover

SHANGHAI: China’s central bank sought to calm investors on Sunday after last month’s takeover of Inner Mongolia-based Baoshang Bank, saying regulators are not planning...

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PM Imran says no to dollar at SCO

PM urges SCO to finalise arrangements for trade in local currencies, set up SCO bank  Says Organisation needs to advance goals of peaceful...

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