German car sales stuck in reverse gear
FRANKFURT:Â New car registrations in Germany fell back in April, official data showed on Friday, in a sign the vital industry is still...
World’s first Urdu based ‘Siri-styled’ voice-recognition AI bot launched
KARACHI:Â The underlying theme of this year's Smart CX conference, held in Karachi, was the use of innovative technology to enhance customer experience...
Arif Naqvi faces 24-hour curfew after bail decision
A British court has ordered former Abraaj chief executive Arif Naqvi be freed on £15 million bail while he fights extradition to...
‘Financial literacy to become part of new curriculum’
ISLAMABAD:Â Education Minister Shafqat Mahmood has shed light on the importance to inculcate financial discipline, savings culture and investment benefits among the youth...
Qatar agrees to supply LNG to Pakistan on low rates: sources
'The new LNG supply agreements will help Pakistan save approximately $2.5bn in 10 years'
ISLAMABAD:Â The government has convinced Qatar to supply 400...
Shell profit edges higher to $6bn in first quarter
LONDON:Â Energy giant Royal Dutch Shell on Thursday said net profit edged higher to $6 billion in the first quarter, with the advance...
KSE-100 drops 236 points amid dull trading
KARACHI:Â Bearish trend prevailed at the Pakistan Stock Exchange (PSX) on Thursday, as the indices continued to slip amid low volumes. Foreign investors...
Efforts underway to enhance cotton production: Dawood
Growers urged to produce contamination-free cotton in order to fetch better prices from the int'l market
MULTAN:Â Advisor to Prime Minister on Commerce...
OPEC says determined to avoid an ‘energy crisis’
TEHRAN:Â OPEC is determined to avoid a global "energy crisis" as some of its members are facing international sanctions and others struggling with...
PSX warns against short selling, brokers dismayed
The official added that without this speculative activity, the prices would improve and the index would start moving upwards.
Iran to continue oil exports despite US ban
Fars news agency reported that 70,000 barrels were sold at $60.68 a barrel. Iran does not reveal the identity of private buyers on the energy exchange because they might be targeted by US penalties.
Microsoft market cap touches $1tr, pulls above Apple
Microsoft Corp's market value vaulted above the $1 trillion mark for the first time in regular session trade on Thursday, pulling ahead...
Bank AL Habib’s profit before tax increases 30.5pc in 1st quarter
The Board of Directors of Bank AL Habib Limited announced the financial results for the period ended March 31, 2019.
As per the...
BankIslami posts Rs251m profit after tax in 1st quarter 2019
The Board of Directors (BoD) of BankIslami has approved the bank's first quarter financial statements for the period ended March 31, 2019.
The...
Minister terms CPEC a central corridor of Belt & Road Initiative
'BRI will help partner countries find more opportunities to add value and carry out intermediate trade in a more time-efficient and...