‘Pakistan can generate 2.9m MW clean energy from solar power’
Punjab minister says renewable energy will reduce cost of doing business, promote industrialization and encourage investment
LAHORE:Â The three-day 8th edition of 'Solar...
Sony to close smartphone plant in China to cut costs
BEIJING/TOKYO: Sony Corp is closing its Beijing smartphone plant, a spokesman said on Thursday, as the Japanese electronics giant cuts costs in...
UK identifies fresh Huawei risks to telecom networks
LONDON: Britain has identified "significant" issues in Chinese giant Huawei's engineering processes that pose "new risks" for the nation's telecommunications, a government...
PSX fails to sustain gains, sheds 412 points
Refinery, cement and oil & gas exploration sectors lost 3.06pc, 2.51pc and 2.22pc from their cumulative market capitalisation
KARACHI:Â The Pakistan Stock Exchange...
Daimler and Geely join forces to build next-gen Smart car
The new vehicle will go on global sale in 2022
BERLIN:Â Mercedes-Benz maker Daimler and Chinese auto giant Geely announced plans Thursday to...
China pledges to expand financial market opening as US trade delegation arrives
'We need to prevent a trust deficit from occurring - otherwise the damage it could do to US-China relations is incalculable'
BOAO:...
Total Parco mulls investing $150m in petroleum marketing
ISLAMABAD:Â A delegation of Total Parco called on Minister for Petroleum Ghulam Sarwar Khan on Wednesday and hinted to invest $150 million in...
Govt to increase electricity prices by Rs2 per unit
ISLAMABAD:Â The government on Wednesday decided to increase electricity prices by Rs2 per unit.
The hike in the prices will put an additional burden...
IMF mission chief’s visit to Pakistan concludes
ISLAMABAD:Â The maiden visit of International Monterey Fund (IMF) mission chief for Pakistan came to an end on Wednesday.
As per details, IMF Mission...
PSX gains 635 points as volumes soar
Trade volumes crossed 200m mark for the first time in a month
KARACHI:Â Positive news from Islamabad triggered some excitement within the investors...
Plans for blockbuster cryptocurrency IPO shelved amid bitcoin slump
HONG KONG:Â The world's largest maker of cryptocurrency mining chips has shelved plans for an ambitious initial public offering in Hong Kong, becoming...
Asad Umar meets IMF mission chief, discusses tax reforms
 Ernesto Ramirez expresses concern over reduction in tax collection
ISLAMABAD: The International Monetary Fund (IMF) new mission chief Ernesto Ramirez Rigo on...
Oil up near $68 as supply cuts outweigh economic worry
LONDON:Â Oil rose towards $68 a barrel on Tuesday as OPEC supply cuts and expectations of lower US inventories outweighed concern about weaker...
China’s Huawei sees little impact on sales from US broadside
SHENZHEN/HONG KONG: The US campaign against China’s Huawei is having little impact on the company's sales and it is unlikely many countries...
Saudi Aramco building global gas business to cut carbon footprint
DUBAI: Saudi Aramco, the world's biggest oil producer, was building an international gas business and converting more crude oil into chemicals in...