American Airlines to buy stake in China Southern
American Airlines is in advanced talks to buy a $200m stake in Asia´s biggest airline China Southern, reports said Thursday, as it...
Dubai Duty Free expects $2m sales hit from electronics ban
Dubai International Airport’s duty-free operator estimates that it will lose about $2 million (Dh7.34 million) in sales this year from the ban...
PIA aims to make use of electronics ban on US, UK-bound flights
In a Twitter post, the national airline apprised potential passengers about being unaffected by the recent ban on carrying large electronic devices...
Pakistan and Iran to reopen banking channels
State Bank of Pakistan (SBP) and the Central Bank of Iran (CBI) are expected to sign an agreement in the next week...
MoU signed between PAEC and China Power
Pakistan Atomic Energy Commission (PAEC) and China Power International Holding Ltd (CPIH) has signed a memorandum of understanding (MoU) for cooperation and...
ICSID rules against Pakistan in the Reko Diq gold-cum-copper mine project
An arbitration tribunal of the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) has ruled against Pakistan in the Reko...
US tech giant IBM launches blockchain service
International Business Machines Corp has launched a service that will allow businesses to build applications on its cloud using blockchain code from...
World Bank indirectly backs harmful SE Asian projects
 World Bank investments in commercial financial institutions are indirectly allowing land-grabs, evictions and pollution in Southeast Asia, a watchdog group charged in...
Apple to add 2 more R&D centres in China
Apple will set up two new research and development centres in Shanghai and Suzhou in China, it said in a statement in...
German minister proposes slapping fines up to 50m Euros on social media sites
Germany’s justice minister is proposing fines of up to 50 million euros ($53 million) for social networking sites that fail to remove...
Govt announces reform strategy for cross-border movement of goods under TFA
The government announced a reform strategy on Wednesday for cross-border movement of goods under the Trade Facilitation Agreement (TFA).
Commerce Minister Khurram Dastgir...
US Federal Reserve increases benchmark interest rate a quarter point
The US Federal Reserve on Wednesday raised the benchmark interest rate a quarter point, after noting that inflation is moving closer to...
HEC and Microsoft partner up to host ‘Microsoft’s Imagine Cup’
Higher Education Commission (HEC) has partnered with Microsoft to bring the tech giant's global student competition: Imagine Cup, to Pakistan this year....
Oil falls to a three-month low as US supply rises
Oil hovered around a three-month low on Monday as rising US stockpiles and drilling activity offset the optimism over Organization of the...
FPCCI , CWEIC to sign strategic partnership agreement
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is going to sign a strategic partnership agreement with the Commonwealth Enterprise...