Apple pulls plug on AirPower wireless charging mat
SAN FRANCISCO: Apple has confirmed that it will not deliver on its promise of helping usher in a wireless future with an...
PSX ends week on a positive, gains 96.69pts
LAHORE:Â After a negative session on Thursday the Pakistan Stock Exchange (PSX) was back on track on Friday, ending the last session of...
Dollar soars due to IMF-related market speculations
LAHORE:Â The United States (US) dollar increased by Rs0.50 in the inter-bank market and Rs0.70 in open market on Friday, February 29.
On Friday...
‘Pakistan can generate 2.9m MW clean energy from solar power’
Punjab minister says renewable energy will reduce cost of doing business, promote industrialization and encourage investment
LAHORE:Â The three-day 8th edition of 'Solar...
Sony to close smartphone plant in China to cut costs
BEIJING/TOKYO: Sony Corp is closing its Beijing smartphone plant, a spokesman said on Thursday, as the Japanese electronics giant cuts costs in...
UK identifies fresh Huawei risks to telecom networks
LONDON: Britain has identified "significant" issues in Chinese giant Huawei's engineering processes that pose "new risks" for the nation's telecommunications, a government...
PSX fails to sustain gains, sheds 412 points
Refinery, cement and oil & gas exploration sectors lost 3.06pc, 2.51pc and 2.22pc from their cumulative market capitalisation
KARACHI:Â The Pakistan Stock Exchange...
Daimler and Geely join forces to build next-gen Smart car
The new vehicle will go on global sale in 2022
BERLIN:Â Mercedes-Benz maker Daimler and Chinese auto giant Geely announced plans Thursday to...
China pledges to expand financial market opening as US trade delegation arrives
'We need to prevent a trust deficit from occurring - otherwise the damage it could do to US-China relations is incalculable'
BOAO:...
Total Parco mulls investing $150m in petroleum marketing
ISLAMABAD:Â A delegation of Total Parco called on Minister for Petroleum Ghulam Sarwar Khan on Wednesday and hinted to invest $150 million in...
Govt to increase electricity prices by Rs2 per unit
ISLAMABAD:Â The government on Wednesday decided to increase electricity prices by Rs2 per unit.
The hike in the prices will put an additional burden...
IMF mission chief’s visit to Pakistan concludes
ISLAMABAD:Â The maiden visit of International Monterey Fund (IMF) mission chief for Pakistan came to an end on Wednesday.
As per details, IMF Mission...
PSX gains 635 points as volumes soar
Trade volumes crossed 200m mark for the first time in a month
KARACHI:Â Positive news from Islamabad triggered some excitement within the investors...
Plans for blockbuster cryptocurrency IPO shelved amid bitcoin slump
HONG KONG:Â The world's largest maker of cryptocurrency mining chips has shelved plans for an ambitious initial public offering in Hong Kong, becoming...
Asad Umar meets IMF mission chief, discusses tax reforms
 Ernesto Ramirez expresses concern over reduction in tax collection
ISLAMABAD: The International Monetary Fund (IMF) new mission chief Ernesto Ramirez Rigo on...