McDonald’s CEO surprise exit throws long-term vision into doubt
The surprise exit of McDonald's Corp chief executive officer, Steve Easterbrook, over the weekend has Wall Street wondering whether the burger chain's...
Cutlery exports surge 18.6pc in three months FY20
ISLAMABAD:Â The export of cutlery from the country witnessed an increase of 18.66pc during the first quarter of the current financial year (1QFY20)...
FM Qureshi invites Malaysian investors to explore Pakistani market
Foreign Minister Shah Mehmood Qureshi on Monday invited the Malaysian investors to avail the investment opportunities in Pakistan.
Talking to the business community...
300MW power project finally inaugurated in Gwadar
ISLAMABAD: The much-awaited 300-megawatt imported coal-fired power plant has been inaugurated in Gwadar with an estimated Chinese investment of around $600 million.
The...
Urea sales decline 74pc in October
Urea sales for the month of October 2019 are expected to decline by 74pc to 122,000 tonnes, as compared to the same...
India rejects Asia-wide trade deal, as others move ahead
BANGKOK: Fifteen Asian countries agreed terms on Monday for what could be the world’s biggest trade pact, they said in a statement, but...
Textile exports up 2.9pc to $3.37bn in 1QFY20
ISLAMABAD: Textile exports from the country grew by 2.95pc during the first quarter of the current financial year (1QFY20) as compared to...
Bullish sentiment prevails as KSE-100 stages 900-point rally
KARACHI:Â Bulls of the Pakistan Stock Exchange (PSX) remained dominant on the first trading session of the week, as the indices moved north...
Pakistani messaging platform TelloTalk raises $1.6m seed capital
TelloTalk, a Pakistan-based messaging platform, has raised $1.6 million in seed funding from a consortium of international and local investors.
Those who participated...
Cement sector posts growth for second consecutive month
ISLAMABAD: The cement sector reported a 9.19pc increase in despatches in October 2019, as 4.984 million tonnes of cement despatched during the...
FBR to tighten noose around ‘tax-evading sectors’
ISLAMABAD:Â In an effort to meet the conditions of the International Monetary Fund (IMF), the Federal Board of Revenue (FBR) is all set...
Trade deficit falls by 33.5pc in four months FY20
Pakistan's trade deficit decreased significantly by 33.5pc during the first four months of the fiscal year 2019-20, a commerce ministry report revealed...
Telenor Pakistan partners with Engro’s Enfrashare for infrastructure development
ISLAMABAD:Â Enfrashare Pakistan Private Limited, a connectivity infrastructure company, and Telenor Pakistan have entered into a long-term partnership for the development of connectivity...
Trade talks in balance at Southeast Asian leaders summit
BANGKOK: Plans to finalise an Asia-wide trade deal at a summit in Bangkok this weekend were uncertain after new demands raised by...
Provinces directed to ensure lowest prices for edible items
ISLAMABAD:Â Prime Minister Imran Khan on Saturday directed the provincial governments to ensure the availability of edible items at the lowest possible prices.
Chairing...