Technology giants Microsoft, Google and Amazon lead stock rally
NEW YORK: Some of the biggest companies in the world had their best day in years Friday as Microsoft and Alphabet soared...
Pakistani banks ignored as Chinese financing dominates CPEC
LAHORE: Pakistani banks are missing out on the China-Pakistan Economic Corridor (CPEC) boom as Chinese financial institutions fill in the gap of...
KAPCO acquires 17.37pc stake in Hubco for Rs22b
KARACHI: According to a bourse notification sent on Friday, Dawood Hercules Corporation has divested 17.37pc of its stake in Hub Power Company...
SBP signs MoU with the Central Bank of Philippines
KARACHI:Â The State Bank of Pakistan Governor Tariq Bajwa and Philippines Ambassador in Pakistan Daniel R Espiritu on behalf of Bangko Sentral NG...
Fruit, vegetable exports from Balochistan to generate $1bn: PFVA
ISLAMABAD: In an initiative to give better access to fruit and vegetables of Balochistan in international markets, All Pakistan Fruit and Vegetable...
PM Abbasi directs closure of less-efficient power plants
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Friday directed that less-efficient power plants should be closed and oil-based plants should be converted...
USF, IT Ministry to collaborate to promote cottage industry through e-commerce
By: Arham Shoukat
There are many kinds of individuals and organisations in Pakistan who work in the crafts sector. Some people work in...
NBP profits soar up by 73.65pc for third quarter 2017
KARACHI: In a notification sent to the bourse on Friday, National Bank of Pakistan reported its earnings for the first nine months...
Pakistan Petroleum Limited settles court case with AROL
KARACHI: In a notification sent to the bourse on Friday, Pakistan Petroleum Limited (PPL) announced a settlement of a court case with...
GSKCH reports profits increase of 9.40pc for third quarter
KARACHI: In a notification sent to the bourse on Friday, GlaxoSmithKline Pakistan (GSKCH) announced its earnings for the third quarter of 2017.
Sales...
OGDCL profits increase 16.25pc during first quarter of FY 2017-18
ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) reported Rs 17.009 billion profit during first quarter of financial year 2017-18 compared to Rs...
Engro Corporation posts 33pc rise in profits for third-quarter
KARACHI: Engro Corporation on Thursday announced its third-quarter results showcasing a strong overall performance in its businesses.
“Profitability was augmented by the steady...
Standard Chartered Bank’s profits plummet Rs1.5b for Q3
KARACHI: Standard Chartered Bank (Pakistan) Limited on Thursday posted its profit before tax of Rs 10.6 billion in first nine months of...
Oil prices slightly down as US oil exports rose last week
TOKYO: Oil prices inched lower on Thursday, pressured by an unexpected increase in U.S. crude inventories and as oil output and exports...
PTA short-lists two consultants for 3G/4G auction in GB and AJK
ISLAMABAD: Two consultants have been short-listed by Pakistan Telecommunication Authority (PTA) for reaching out a base price and design of auction process...