Amazon ups its anti-counterfeit game
WASHINGTON: Amazon on Thursday announced a new initiative to crack down on the sale of counterfeit goods on its platform which could...
Huawei racks up 5G deals at top mobile fair despite US pressure
BARCELONA: Chinese telecoms giant Huawei racked up a slew of deals to sell 5G equipment at the world's top mobile fair in Spain...
US companies put record number of robots to work in 2018
US companies installed more robots last year than ever before, as cheaper and more flexible machines put them within reach of businesses of...
BMW, Daimler pool resources on automated driving technology
The market for autonomous vehicles is expected to grow to $96bn in 2025 and $290bn in 2035
FRANKFURT: Daimler and BMW deepened...
Stock market rebounds as PM offers peace
After a negative start to the day, the index changed its direction to end 361 points higher
KARACHI: The Pakistan Stock Exchange...
Impact of Pak-India tensions spreads from Asia to European markets
Global stocks traded lower on Wednesday after fresh hostilities between India and Pakistan led Asian assets to slip and investors sought “safe...
Standard Chartered posts highest-ever profit of Rs18.5bn
KARACHI: Standard Chartered Bank (Pakistan) Limited on Wednesday announced its annual results for 2018.
The bank performed exceptionally well in the year and delivered...
Saudi defiant on oil cuts after Trump tells OPEC to ‘relax’
RIYADH: The Saudi energy minister said on Wednesday he is leaning towards extending oil production cuts in the second half of 2019, despite...
World’s largest sovereign wealth fund loses $57bn
OSLO: Norway's sovereign wealth fund, the world's biggest, suffered a loss of 485 billion kroner (50 billion euros, $57 billion) last year, the...
PSX closes 128 points lower as Pak-India tensions soar
The index lost over 1,500 points in intraday trading
KARACHI: Trade floors turned red on Wednesday as tensions between India and Pakistan escalated,...
India’s economy seen losing momentum ahead of election
NEW DELHI: India's economy appeared to be losing momentum in the approach to a general election that must be held by May,...
Aramco CEO says oil industry facing ‘a crisis of perception’
LONDON: Saudi Aramco’s chief executive said on Tuesday the oil industry is facing “a crisis of perception” and the views of some...
SECP to focus on structural reforms, market development
ISLAMABAD: The insurance industry is changing in response to a wide range of social, technological and global economic forces. The last two decades...
ADB appoints Ahmed M Saeed as vice president
The Asian Development Bank (ADB) has appointed Ahmed M Saeed as Vice-President. Saeed will be responsible for operations in the Southeast Asia...
PSX plummets 785 points as geopolitical tensions escalate
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed bloodshed on Tuesday, as the geopolitical tensions between India and Pakistan kept the market...