PIA sacks German CEO on account of corruption charges

A notification issued on Friday informed that Pakistan International Airlines (PIA) has sacked its acting Chief Executive Officer (CEO) Bernd Hildenbrand, media sources have...

IMF warns of growing risks to improving global recovery

The global economic recovery is improving and picking up steam, but still faces a series of threats that could erode the improvements, especially the...

Two Pakistani entrepreneurs make it to Forbes’ 2017 ‘30 Under 30 Asia’list

The Forbes’ 2017 ‘30 Under 30 Asia’ has featured two Pakistani startup founders in its recent listing for the year 2017. In 2017’s list,...

Preparations for Hannover Messe 2017 nearing completion

Engineering Development Board (EDB), Ministry of Industries and Production have informed that the preparations for the upcoming Hannover Messe-2017 Germany scheduled to be held...

Gray market has become a necessary evil for luxury watchmakers

A diamond-studded Rolex at 40 percent off the $34,000 retail price or an Omega Speedmaster Moonphase for less than $10,000? While still out of...

Sales of Ivanka Trump products soar in 2016

NEW YORK: Sales of Ivanka Trump´s clothing collection soared by nearly 61 pc in 2016, the company that manufactures products for the president´s daughter´s...

Samsung anticipates record high profits in Q1 2017

Samsung is anticipating strong operating profits of $8.7b in the first three quarters of 2017, after the release of its upcoming Galaxy S8 flagship....

‘Silk Road’ train makes its first journey from Britain to China

The first-ever freight train from Britain to China started its mammoth journey on Monday along a modern-day “Silk Road” trade route as Britain eyes...

China’s Xiaohong likely to replace Liepach as ADB country director to Pak

The Asian Development Bank (ADB) has nominated China’s Xiaohong Yang as the country director to Pakistan, media sources have reported. The step is anticipated...

Iranian airline signs $3bn deal for 30 Boeing jets

US plane maker Boeing said Tuesday that Iran’s Aseman Airlines had agreed to buy 30 737 MAX jets for $3b in its second major...

China launches seven FTZs to boost Belt and Road Initiative

China on Saturday launched seven more Free Trade Zones (FTZs) including several in inland areas for the first time, a move which is expected...

China manufacturing grows modestly in March: Caixin

  BEIJING: China's manufacturing activity expanded slightly in March, independent figures showed Saturday, suggesting steady but slowing growth in the world's second-largest economy. The figures compare...

Middle East’s leather trade show to be held in Dubai

The world's leading manufacturers and suppliers are preparing for the Middle East's only dedicated trade show covering the entire value chain of the global...

Amazon closes deal to acquire Souq.com & Payfort

One of the largest global retailers Amazon has confirmed that it has acquired Souq.com- Middle East’s largest e-commerce chain. The price of the acquisition...

ICSID accepts Pakistan’s evidence in Reko Diq mining contract, claims AG

Attorney General of Pakistan, Ashtar Ausaf has claimed that the International Centre for Settlement of Investment Disputes (ICSID) has accepted Pakistan’s evidence against the...

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S*th–The Four Letter S-word In Corporate Pakistan

We would like to state at the outset that we do not condone the worst attributes of seth culture in companies. Treating employees like...

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