ATM hacking’s cause HBL Rs10 million losses

KARACHI: Bank customers in Karachi have come under duress after reports surfaced a number of ATM users were defrauded after experiencing unauthorized...

Powerful smog

Earlier this month the PM2.5 levels in Lahore went beyond 1,000 micrograms per cubic meter, which is 30 times more than the...

Dewan Motors introduces all-new BMW 5 Series at German CG Karachi

KARACHI: Dewan Motors with German Consul General, Rainer Schmiedchen on Friday evening launched the all-new BMW 5 Series at a dinner at...

Could Pakistan become China’s Venezuela?

LAHORE: As China keeps pouring money into China-Pakistan Economic Corridor (CPEC), could Pakistan be in danger of becoming another Venezuela? An opinion piece published...

Citibank foresees Pakistan continuing its growth trajectory aided by CPEC

KARACHI: After ceasing its commercial banking operations in 2012, Citibank says it expects Pakistan’s economy to continue its growth trajectory in wake...

Exxon Mobil merging oil refining, marketing divisions to boost profits

TEXAS: Exxon Mobil Corp is merging its refining and marketing divisions to boost profits from its downstream businesses, the first major restructuring...

OGRA starts consultative sessions for review of existing gas tariff scheme

ISLAMABAD: Oil and Gas Regulatory Authority in partnership with World Bank (WB) has launched a series of consultative sessions across Pakistan to...

Wall Street regains composure after initial slide

NEW YORK: Wall Street took investors on a turbulent ride Friday as stock indexes veered into a steep slide that knocked 350...

Successful bond float could help to rein in rupee depreciation

KARACHI: Pakistan’s successful bond float of $2.5 billion from international debt markets has raised prospects of pressure easing on the rupee, which...

Saudi Arabia’s $300 billion privatization program hits snags

RIYADH: Saudi Arabia’s $300-billion privatization program was billed as the sale of the century when Crown Prince Mohammed bin Salman unveiled his...

OPEC cartel decides to extend production cut till end-2018

VIENNA: The OPEC cartel and a group of allied oil-producing nations agreed Thursday to extend crude output cuts until the end of...

Pakistan holding talks with France, Italy & Spain for LNG supplies

ISLAMABAD: Pakistan is in talks to import liquefied natural gas (LNG) from France, Italy and Spain, a senior Pakistani source said, raising...

PTCL, JAZZ top consumer complaint chart: PTA

ISLAMABAD: PTCL leads the consumer complaint chart with 1,267 complaints received during October, JAZZ (Mobilink+Warid) stands at the second position as a...

US Embassy to lead Pakistani delegation on power generation

ISLAMABAD: US Embassy Economic Counselor William Laitinen will be leading a delegation of the Pakistani government and business officials to participate in...

Pakistan produces unfit tobacco for manufacturing cigarettes

ISLAMABAD: As the lawmakers complain that manufacturing of substandard cigarette is causing an increase in mouth cancers among smokers in the country,...