Canada’s Sunrise Records agrees to buy UK music retailer HMV
LONDON:Â Canadian company Sunrise Records has agreed to buy ailing British music retailer HMV, safeguarding around three-quarters of jobs, administrators KPMG announced Tuesday.
HMV,...
Apple pays France €500 million in back taxes
Apple is one of several American technology giants in the line of fire in Europe over their tax strategies
Apple said on...
UK economy flat-lines as Brexit nears, firms cut jobs: PMI
Sterling slipped to near two-week lows against the dollar after a leading gauge of the world’s fifth-biggest economy, the IHS Markit/CIPS UK Services Purchasing Managers’ Index (PMI), fell to 50.1 in January from 51.2 in December
Oil prices edge up as market eyes tighter supply
International Brent crude oil futures were at $62.72 a barrel, also up 21 cents or 0.4 percent, after closing down 0.4 percent in the previous session
Asia shares lower, most markets closed for Lunar New Year
Japan’s Nikkei 225 was flat at 20,880.53 and India’s Sensex edged down less than 0.1 percent to 36,566.21
U.S. trade agency sees negotiating new WTO rules to rein in China as futile
The report also reflects the United States’ continued frustration with the WTO’s inability to curb what it sees as China’s trade-distorting non-market economic policies and offered little hope that situation could change soon
General Tyre ‘clarifies’ its expansion plans
General Tyre and Rubber Company on Monday rebuffed the news item which stated that "the company has procured land in Faisalabad for...
Readymade garments export reaches $1.2bn in six months
ISLAMABAD:Â The exports of readymade garments earned $1.26 billion during the first half of the current fiscal year (2018-19), showing a growth of...
PSX gains 501 points amid bullish trading
Cement sector manages to add 4.58pc in its cumulative market capitalisation
KARACHI:Â Bullish sentiments prevailed at the Pakistan Stock Exchange (PSX) on the...
Govt lauded for simplifying business policies
ICSTSI urges govt to discourage interaction between tax officials and the business community by promoting automation
The Islamabad Chamber of Small Traders...
Price of Urea bag likely to be reduced by Rs200
ISLAMABAD:Â As the federal cabinet has reduced 50pc Gas Infrastructure Development Cess (GIDC) for eight sectors, including the fertilizer industry, the prices of...
China to import donkeys from Pakistan
Donkey hides are highly prized in China as they are used in the manufacturing of traditional Chinese medicines
In a bid to...
Relocation on agenda for nearly one-in-three UK firms due to Brexit – IoD
The Institute of Directors said 11 percent of firms - chiefly larger companies - had shifted some activities overseas while another 18 percent were planning to or actively considering it
PLL successfully arranges additional LNG cargoes for March and April
Four LNG cargoes will arrive here in Pakistan in March and five are scheduled for the month of April to meet the energy requirements
Asian LNG prices dive to nine-month low on supply surplus
Spot prices for March delivery to Asia this week fell to $7.00 per million British thermal units (mmBtu), down $1 from the previous week, lowest since April 6, trade sources said