Uber plans to sell around $10bn worth of stock in IPO: sources
An IPO of this size will make Uber one of the biggest technology IPOs of all time, and the largest since...
IMF cuts global growth estimate to 3.3pc as world economy loses steam
WASHINGTON:Â The global economy is facing a "delicate moment," beset with risks as the recovery loses steam amid trade tensions, Brexit and other...
Govt urged to facilitate furniture sector in upcoming budget
PFC chief says it is the govt's responsibility to patronise the local industry by discouraging the import of furniture items
ISLAMABAD:Â Pakistan Furniture...
Honda launches 10th generation Civic 2019 in Pakistan
Honda Atlas Cars Pakistan Limited (HACPL) has launched the eagerly-awaited Civic 2019 – 10th generation, in Pakistan.
Following the values that created the...
Gold price increases by Rs400 per tola
ISLAMABAD:Â The per tola price of 24-karat gold increased by Rs400 and was traded at Rs71,400 per tola on Tuesday, according to Karachi...
‘Kekra in Pakistani waters among world’s three highly prospective wells’
Rystad Energy says Kekra well in Pakistani waters has pre-drill prospective resource estimates of 1.5bn barrels of oil or equivalent
The Eni's Kekra...
Saudi Aramco bond sale attracting record demand: bank source
PARIS: The bond sale by energy giant Saudi Aramco has attracted a record demand of $85 billion from investors, one hour before bidding closed,...
KSE-100 takes U-turn, closes 208 points higher
KARACHI:Â The Pakistan Stock Exchange took a breather on Tuesday, as indices managed to recover the losses made earlier in the session to...
China wants to ban bitcoin mining, traders say move not a surprise
SHANGHAI/HONG KONG:Â China's state planner wants to eliminate bitcoin mining in the country, according to a draft list of industrial activities the agency...
China again rebukes claims that CPEC added to Pakistani ‘debt burden’
BEIJING:Â China on Monday said that less than 20 per cent of the current projects under the China-Pakistan Economic Corridor (CPEC) were using...
PM approves plan of action for Pak-Turkey economic framework
ISLAMABAD:Â Prime Minister Imran Khan on Monday approved the detailed plan of action for Pak-Turkey Strategic Economic Framework.
The plan of action would be...
SECP warns public again against 3A Alliance Pvt Ltd
ISLAMABAD:Â The Securities and Exchange Commission of Pakistan (SECP) rebuffed a news item, which said that the registration of 3A Alliance (Pvt) Limited...
Saudi Aramco bond sale to close Wednesday: minister
Saudi minister says int'l investors have so far made bids totalling three times the value of the bonds
RIYADH:Â A bond sale by energy...
Asad Umar hits back at critics, says emergency measures need of the hour
– 'Fake news reports are being circulated so that more investors park their money in foreign currency instead of stocks'
– 'Going forward,...
PSX plunges 600 points as fears for economy rise
KARACHI:Â The Pakistan Stock Exchange (PSX) started the week on a negative note with bears in the lead once again. The KSE 100...