Munich prosecutors fine BMW $9.65m for faulty engine software
FRANKFURT: Munich prosecutors fined BMW 8.5 million euros ($9.65 million) for administrative lapses after the German luxury carmaker installed the wrong engine...
Leading Pakistani companies to participate in USA investment Summit
ISLAMABAD
American Ambassador David Hale announced on Saturday that seven leading Pakistani companies from a range of industries will travel to Washington D.C....
Oil prices inch up from two-week lows
TOKYO: U.S. oil prices edged up on Friday, snapping three days of declines, but gains were limited as Asian share markets extended...
Saudis to welcome Pakistanis with relaxed rules
ISLAMABAD:Â The Kingdom of Saudi Arabia has relaxed its visa policies and reduced visa fees for Pakistanis, and has agreed to set up...
Govt’s claims of increased exports false: PRGMEA
KARACHI:Â Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Chairman Central Shaikh Mohammad Shafiq discussed the stuck up payments of PM package duty...
Suzuki Motors likely to invest $450m in Pakistan
KARACHI: Suzuki Motor Corporation (SMC) Chairman Osamu Suzuki on Tuesday expressed his interest to invest $450 million in setting up another production...
Cement industry capacity utilisation touches 94.65pc
KARACHI: Cement industry of Pakistan despatched 2.261 million tonnes more cement in the first five months of this fiscal, which is 13.91...
Petroleum Division likely to table revised gas tariffs before CCoE
The division was given 10 days to submit the findings of inquiry report into inflated gas bills to domestic consumers
ISLAMABAD:...
Govt to assist foreigners to enhance investment in SEZs: Qureshi
LAHORE: Minister for Foreign Affairs Shah Mehmood Qureshi Sunday reaffirmed the Pakistan Tehreek-e-Insaf (PTI) government’s commitment to fully encourage  foreign investment in...
Govt urged to withdraw hike in drug pricesÂ
KARACHI:Â Pakistan Medical Association (PMA) on Saturday showed concern over the announcement of 15 per cent hike in the medicine prices by the...
Zong celebrates 9 years of successful operations
With over $2.5 billion investment, having 75 per cent share in 4G, widest 4G network in more than 300 cities and the...
US allows Chevron to continue Venezuelan operations till April 22
CARACAS: The US Treasury Department on Saturday renewed a license allowing Chevron, the last US energy company operating in Venezuela, to continue...