WTO future a concern for global finance chiefs
PARIS:Â Global finance chiefs meeting in France have warned that the World Trade Organization's internal court risks becoming paralysed by bitter disputes between...
PTEA demands immediate resdressal of export-related challenges
'Stuck-up liquidity in refund regime, non-availability of subsidy on energy supplies and imposition of taxes on raw materials have adversely impacted...
‘Huawei to invest $100m in Pakistan this year’
Huawei vice president says his company will set up a technical support centre in Islamabad to create job opportunities for young...
ICCI resents hike in SBP policy rate, demands withdrawal
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has resented the State Bank of Pakistan's decision of increasing the policy rate...
EU launches probe into Amazon data misuse allegations
The EU's powerful antitrust authority launched an in-depth investigation into Amazon on Wednesday, amid suspicions the US-based online behemoth misuses merchant data...
Stocks finish flat amid volatility
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) witnessed a jittery session on Wednesday, as the indices that opened positively declined by midday...
PM’s aide chairs Fertilizer Review Committee, discusses measures for farmers’ uplift
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood chaired a meeting of the Fertilizer Review Committee (FRC) to deliberate on...
Lagarde resigns as IMF chief, cites more clarity on ECB post
WASHINGTON: International Monetary Fund (IMF) chief
Christine Lagarde announced on Tuesday she had submitted her resignation from
the global lender, saying she had more...
Flour mills take back countrywide strike call
The All Pakistan Flour Mills Association (APFMA) on Tuesday withdrew its countrywide strike call after the elimination of 17pc GST on various...
‘Iran set to invest in south Indian refinery’
NEW DELHI: Iran is ready to invest in the expansion of a South Indian refinery, an Iranian official said in New Delhi...
FBR’s customs wing reshuffles 1,650 officials to ensure recoveries
KARACHI: As part of the prime minister's drive to reform the Federal Board of Revenue, the Customs Wing has undertaken one of...
KSE-100 closes flat amid volatile trading
KARACHI: After a disappointing end to the previous
session, the Pakistan Stock Exchange (PSX) witnessed some respite on Tuesday, as
it closed slightly positive...
Renault sales fall in weakening auto market
PARIS: French auto giant Renault said on Tuesday its first-half sales were hit by a slowdown in several emerging countries but overall...
Around 1,200mmcfd RLNG being added to distribution network: official
ISLAMABAD: Regasified Liquefied Natural Gas (RLNG) is playing a vital role in bridging the gap between demand and supply of natural gas,...
UAE plans oil trade overhaul to boost Middle Eastern clout
DUBAI/LONDON: The United Arab Emirates’ state-run ADNOC, long seen as one of the most conservative oil firms in the Middle East, plans...