Volkswagen’s flagship VW brand missed margin goal in 2018
FRANKFURT: Volkswagen’s flagship VW brand missed its margin target in 2018 as operating profits declined despite growth in top-line revenues at the...
Cement exports to India suspended after 200pc hike in import duty
Indian buyers are asking Pakistani exporters to recall their containers and shipments
LAHORE: The export of cement to India has been suspended...
Tesla’s store-shuttering strategy may pull the rug out of solar
SAN FRANCISCO: Tesla Inc's sudden decision to shutter the bulk of its stores around the world raises a red flag over the...
Govt issues Rs200bn ‘Pakistan Energy Sukuk’
In order to resolve the country’s circular debt, the federal government has issued the first Pakistan Energy Sukuk of Rs200 billion.
The Sukuk...
Erdogan says Turkey will cut inflation rate to 6-7pc
ISTANBUL: Turkish President Tayyip Erdogan said on Saturday Turkey’s inflation rate would fall to 6 or 7pc from the current 19-20pc but did...
‘German carmakers to invest $68bn in electric cars and automation’
FRANKFURT:Â Germany's car industry is to invest nearly 60 billion euros ($68 billion) over the next three years on electric cars and automated...
Trump asks China to lift tariffs on US farm products
WASHINGTON:Â US President Donald Trump said he had asked China to immediately remove all tariffs on USÂ agricultural products because trade talks were progressing...
CPI-based inflation increases by 8.21pc in February
ISLAMABAD:Â The Consumer Price Index (CPI) based inflation increased by 8.21pc in February 2019 as compared to the same month of last year.
On...
US personal income falls; spending weakest since 2009
WASHINGTON: US personal income fell for the first time in more than three years in January as dividends and interest payments dropped,...
KCCI invited to participate in US investment summit
KARACHI:Â Mark Russel, the Senior Commercial Officer at Consulate General of the United States of America, has invited the Karachi Chamber of Commerce...
Indian economy may decelerate further
SBI chief economist forecasts growth to decline to 6.2pc in the January-March quarter and below 6pc in the June quarter
 NEW DELHI: Billions...
Singaporean investors keen to become part of CPEC
'Business community of Singapore can take advantage of Pakistan's geographic location as a center point to the South Asian, Central Asian,...
Stock market turns bullish, gains 484 points
KARACHI:Â The Pakistan Stock Exchange (PSX) managed to end the last session of the week in green amid positive sentiments. Indices traded positive...
Uber in advanced talks to buy Middle East rival Careem
Uber Technologies Inc is in advanced discussions to buy its Dubai-based rival Careem Networks FZ, Bloomberg reported on Thursday, citing people familiar...
Registered Afghans can open bank accounts in Pakistan: SBP
Afghan refugees holding a valid Proof of Registration (PoR) card are allowed to open bank accounts in Pakistan, said the State Bank...