No subscription service coming soon for Twitter: Dorsey

At its annual shareholder meeting on Monday, embattled social media giant Twitter Inc CEO Jack Dorsey spoke to investors about the potential for a premium...

Saudi-US deals worth $400 billion struck

Saudi Arabia signed billions of dollars of deals with U.S. companies during President Donald Trump’s visit to Riyadh. Estimates of their total value vary...

Softbank-Saudi tech fund becomes world’s biggest with $93b of capital

The world's largest private equity fund, backed by Japan's Softbank Group and Saudi Arabia's main sovereign wealth fund, said on Saturday it had raised...

Trans-Pacific Partnership to revive after US withdrawal

Hanoi: 11 countries part of Trans-Pacific Partnership (TPP) agreed to proceed without the United States on Sunday. The agreement comes after President Trump's rhetoric of...

China-Russia pipeline delivers 100m tonnes of crude oil

  A China-Russia oil pipeline has transported 100 million tonnes of crude oil in the five years since it began operations, local customs said on...

U.S. jobless claims fall; continuing claims at 28-1/2-year low

New applications for U.S. jobless benefits unexpectedly fell last week and the number of Americans receiving unemployment aid hit a 28-1/2-year low, pointing to...

Direct investment surges by 12.7pc in July-April 2016-17

The Oil and Gas, Power sectors and Construction Industries supported total foreign investment of the country, which increased by 105 per cent to $2.323...

Three Pakistani companies to take part in Automechanika Mexico

Three Auto Mechanical Pakistani companies will participate in Automechnaika Mexico 2017 through Trade Development Authority of Pakistan (TDAP) from June 14-16, 2017. The TDAP will...

Telenor foresees solid internet growth in Pakistan

Earnings margins in Telenor’s extensive Asian operations have been lifted by the ongoing growth in mobile broadband usage in the region, Chief Executive Sigve...

Buffett eager to utilise $86 bln cash pile, top his largest takeover

Warren Buffett’s career is filled with splashy takeovers that cost billions -- as in $10 billion or $20 billion or $30 billion. But $100 billion? Even for...

Select USA Investment Summit welcomes Pakistani Investors’ participation

The American Commercial Counselor Steve Knode, on Tuesday, has invited Pakistani businessmen to participate in Select USA Investment Summit, due to be held in...

ADB appoints first woman country director Xiaohong Yang to Pakistan

The Asian Development Bank (ADB) has appointed China’s Xiaohong Yang as new Country Director for Pakistan. According to ADB press statement, Yang, who assumed office...

Hindu extremists threaten outlets for selling ‘Made in Pakistan’ clothes

Mumbai: Workers from the Maharashtra Navnirman Sena barged into a showroom of the clothing brand ‘Zara’ at a shopping mall in Mumbai for allegedly...

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...

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