Oil drops as OPEC makes supply cut dependent on Russian support

Oil producers have been hit by a 30 percent plunge in crude prices since October as supply surges just as the demand outlook weakens amid a global economic slowdown

Oil prices pressured by oversupply, global economic concerns

International Brent crude oil futures were at $60.33 per barrel at 0423 GMT, up 5 cents, or 0.08 percent, from their last close

Punjab Governor urges expats to invest into Pakistan

DUBAI: Punjab Governor Chaudhry Muhammad Sarwar while on a visit to Dubai on Saturday, urged the overseas Pakistani's to provide full support in...

Business community lauds PM for giving balanced response to Indian aggression

LAHORE: The business community on Wednesday said that Pakistan has always been advocating peace in the region and also making its best efforts...

Fake FIRs against high-value tax payers a concern: ICCI president

ISLAMABAD: Islamabad Chamber of Commerce & Industry (ICCI) President Ahmed Hassan Moughal has expressed grave concerns over the registration of fake FIRs against...

China backtracked on nearly all aspects of US trade deal: sources

WASHINGTON/BEIJING: The diplomatic cable from Beijing arrived in Washington late on Friday night, with systematic edits to a nearly 150-page draft trade agreement...

Qatar announces $3bn investment in Pakistan

'Following this investment, the economic partnership between Qatar and Pakistan will reach $9bn' ISLAMABAD: Following the two-day official visit of Qatar Emir Sheikh...

PM Imran says won’t give in to traders’ pressure

'If we all pay taxes regularly, we will have enough money to pull the country out of the quicksand of loans' ...

Iranian ambassador to visit SCCI on May 3

Iranian Ambassador to Pakistan Mehdi Honardoost will visit the Sialkot Chamber of Commerce and Industry (SCCI) on May 03 (Wednesday). SCCI President Majid...

UAE to facilitate Pakistani business community: Envoy

SIALKOT: Ambassador of the United Arab Emirates (UAE) to Pakistan Hamad Obaid Salem Al Zaabi discussed different prospects to find out ways...

China chides about protectionism, will close door to development opportunities

BEIJING: China wants to share its development opportunities with other countries, but protectionism will mean closing the door into China, the country’s...

Chairman standing committee FPCCI demands amendment in tax

ISLAMABAD: The Standing Committee Federation of Pakistan Commerce and Industry (FPCCI) Chairman Khalid Jahangir Butt has demanded to bring amendments in the...

FBR starts receiving live transactions of textile, leather sales

ISLAMABAD: The Federal Board of Revenue (FBR) has started receiving live transactions of sales of finished articles of textile and leather and the...

NBP president resolves to increase bank’s share price from Rs41 to Rs100

Arif Usmani, the newly-appointed President of the National Bank of Pakistan, has expressed his resolve to increase the bank's share price from...

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: The Board...