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...
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...
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...
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...
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...
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,...
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...
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...
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...
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?...
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...
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...
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...
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...
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,...