Counterfeit and pirated goods represent 3.3pc of global trade: report

PARIS: Global sales of counterfeit and pirated goods have soared to 460 billion euros ($522 billion) a year, amounting to a whopping 3.3pc...

PSX turns bullish, gains 545 points 

KARACHI: Bulls emerged as winners at the Pakistan Stock Exchange on Monday. The indices swung in both directions until they finally picked the...

CPPA seeks Rs1.23 per unit hike in power tariff 

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has been asked to increase power price by Rs1.23 per unit under the head monthly fuel...

PSX sheds 643 points in week, reaches 48-month low

Out of the five trading sessions during the week, the KSE-100 index managed to end in green only on one occasion The...

No more raids on business premises: FBR chief

Dr Jehanzaib Khan says he will visit Karachi every month for two days in order to coordinate and interact with the...

IMF’s new mission chief to visit Pakistan on 26th

ISLAMABAD: International Monterey Fund's (IMF) new mission chief Ernesto Ramirez Rigo will visit Pakistan on March 26 to hold decisive discussions on the...

Google faces third EU antitrust fine next week: report

BRUSSELS: Alphabet unit Google is likely to be hit with a third EU antitrust fine next week related to its AdSense advertising service,...

Facebook shares drop as executives quit, Christchurch live-stream shooting stirs outrage

Shares of Facebook Inc fell as much as 5pc on Friday to their lowest in nearly three months after the surprise departure...

ADB reaffirms support to Pakistan’s development

Bank's official says public-private partnerships in Pakistan will play an important role in bridging the huge infrastructure investment gap ISLAMABAD: Finance Minister...

US regulators sue VW over emissions scandal

WASHINGTON: US stock regulators have sued Volkswagen over the emissions cheating scandal, alleging the German automaker committed fraud by raising billions in corporate...

Punjab govt to introduce Smart Regulations Act for investors’ facilitation

Provincial minister says govt intervention in private businesses will be reduced LAHORE: Punjab Industries and Trade Minister Mian Aslam Iqbal has said that...

Tractor production decreases 29pc in seven months FY19

ISLAMABAD: Tractor production in the country during the first seven months of the current financial year (FY19) witnessed a decrease of 29.18pc as...

Bears return to PSX as benchmark plunges 501 points

Cement sector lost 3.40pc from its cumulative market capitalization despite a decline in global coal prices KARACHI: Trade floors turned red on Friday...

Tesla unveils Model Y as electric vehicle race heats up

SAN FRANCISCO: Tesla Inc unveiled its Model Y electric sports utility vehicle on Thursday evening in California, promising a much-awaited crossover that...

Interloop raises Rs5.02bn through largest private sector IPO

General public will be offered shares on 21st and 22nd March at a price of Rs46.10 per share Interloop Limited successfully raised...