Oil up near $68 as supply cuts outweigh economic worry
LONDON:Â Oil rose towards $68 a barrel on Tuesday as OPEC supply cuts and expectations of lower US inventories outweighed concern about weaker...
China’s Huawei sees little impact on sales from US broadside
SHENZHEN/HONG KONG: The US campaign against China’s Huawei is having little impact on the company's sales and it is unlikely many countries...
Saudi Aramco building global gas business to cut carbon footprint
DUBAI: Saudi Aramco, the world's biggest oil producer, was building an international gas business and converting more crude oil into chemicals in...
PSX ends 220 points higher despite early tremors
KARACHI: The Pakistan Stock Exchange (PSX), after witnessing a volatile trading session, managed to close in the green.
As per news reports, a team affiliated...
French budget deficit sinks to 12-year low
PARIS: France's budget deficit fell to a 12-year low of 2.5pc in 2018, a greater-than-expected decline achieved despite falling growth and purchasing...
Uber buys rival Middle Eastern Careem for $3.1bn
Uber will pay $1.4bn in cash and $1.7bn in convertible notes in a deal that gives it full ownership of Careem
...
Wall Street falls on global growth worries
US stocks fell on Monday, extending the previous session’s steep sell-off, hit by worries of a slowdown in global economic growth.
However, Wall...
Govt fails to increase revenue collection, address power sector woes
'Revenue shortfall could reach Rs485bn this year, the highest under any govt'
ISLAMABAD:Â As the International Monetary Fund (IMF) mission chief to Pakistan...
BOI committed to improving Pakistan’s EODB ranking
Official says Pakistan will be ranked among top 100 countries by the time World Bank releases its next EODB rankings
ISLAMABAD:Â The Board...
PSX sheds 403 points amid low turnover
Market participation decreased by 33pc, from 54.20m shares in the previous session to 36.49m shares
KARACHI:Â The Pakistan Stock Exchange (PSX) witnessed a...
Economic gloom hits world stock markets
Worries about economic growth prospects hit global stock markets during the past week, causing sharp price drops on both sides of the...
State-sponsored cyberattacks on banks on the rise: report
NEW YORK:Â Cyberattacks on financial institutions are increasingly being linked to nation-states, resulting in destructive and disruptive damages rather than just theft, according...
‘Issuance, payment of promissory notes expected next month’
FBR chairman says the system will take its own course if people fail to fulfill their tax obligations
FAISALABAD:Â Federal Board of Revenue...
Cement exports rise 52pc in eight months FY19
KARACHI:Â Cement exports during the first eight months of the current fiscal year (from July 2018 to Feb 2019) registered a growth of...
Apple’s Tim Cook urges China to keep opening its economy
BEIJING:Â Apple chief executive Tim Cook on Saturday urged China to keep opening up its economy as local rivals bit into the profits...