BMW plans massive cost cuts to keep profits above water
MUNICH:Â German high-end carmaker BMW warned Wednesday it expects pre-tax profits "well below" 2018 levels this year as it announced a massive cost-cutting...
Apple launches new AirPods ahead of March 25 event
'The updated Airpods are powered by Apple's new chip, will have better battery life and include the option of a new...
ECC approves Rs1.79bn supplementary grant for North Waziristan TDPs
ISLAMABAD:Â The Economic Coordination Committee (ECC) of the Cabinet has approved a supplementary grant, amounting Rs1.79 billion, for temporarily dislocated persons (TDPs) from...
World Bank suggests involvement of more countries in CPEC
Pakistan and India could revitalise their joint chamber of commerce, normalise visa processes, and enter into a dialogue on trade liberalisation...
EU fines Google $1.69bn for anti-trust breach
'The tech giant has been fined for illegal misuse of its dominant position in the market for the brokering of online...
PSX closes 64 points lower amid volatility
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) witnessed a volatile session on Wednesday, as the indices swung in both directions amid low...
UK unemployment rate hits 44-year low
The British unemployment rate has struck a 44-year low, official data showed Tuesday, despite a broader economic slowdown as Brexit looms.
The jobless...
US factory orders barely rise; shipments fall further
Manufacturing, which accounts for about 12pc of the economy, is losing momentum as the stimulus from last year's $1.5 trillion tax cut...
Netflix says it will not join Apple TV service
LOS ANGELES: Netflix Inc, the world's dominant streaming service, will not make its TV shows and movies available through Apple Inc's upcoming...
Thar coal plant starts electricity generation
EPTL tests and energizes the first unit of 330MW of the combined 660MW power plant – located in Thar Block II
KARACHI:Â It...
PSX fails to sustain gains, ends 239 points lower
KARACHI:Â After a positive start to the week, the Pakistan Stock Exchange was once again in the red zone, as indices failed to...
Tajikistan intends to enhance trade volume with Pakistan
Pakistan businessmen urged to focus on Tajikistan in order to get easy access to the huge market of Central Asia
LAHORE:Â Investors and...
Poor governance threatens Pakistan’s macroeconomic stability: WB
WB report titled 'Pakistan@100: Shaping the Future' says fiscal challenges partly due to weak governance
'Failure to implement tax reforms, misalignment...
Apple unveils new iPad, updates Mini ahead of video streaming launch
Apple Inc, in a surprise move on Monday, launched a new 10.5-inch iPad Air and updated its iPad Mini ahead of a...
Structural reforms imperative to achieve 6.7pc growth by 2023: minister
Minister says the govt envisages bringing down the consumption level from 93pc to 83pc and lifting the savings from 10pc to...