China’s Geely turns to Volvo trucks in latest Swedish venture

STOCKHOLM: China’s Geely Holding , owner of the Volvo car brand, is buying an 8.2 per cent stake in Swedish truck maker...

The biggest threats to China’s economy next year

China starts three years of "critical battles" against debt, poverty and pollution in 2018 as policymakers also face rising US interest rates,...

Compass CEO Cousins, 5 others killed in Sydney plane crash

Compass Group Plc Chief Executive Officer Richard Cousins and four members of his family were killed Sunday when their chartered sightseeing flight...

EU puts 17 tax havens on the blacklist, 47 on notice

The EU has named and shamed 17 countries in its first ever tax haven blacklist and put a further 47 on notice,...

ICCI urges D-8 countries to strengthen cooperation among SMEs

ISLAMABAD: Islamabad Chamber of Commerce and Industry President Sheikh Amir Waheed said that D-8 countries in the 2008 Kuala Lumpur Summit roadmap...

Turkish military manufacturers push for business with Pakistan

By USMAN A KHAN/ABDULLAH NIAZI LAHORE/ANKARA: Turkish producers of tactical military goods, Askeri Elektronik Sanayi, Military Electronic Industries (ASELSAN), and Turkish Aerospace Industries...

India, Nigeria, Thailand join top business reformers: WB report

WASHINGTON: Developing economies such as Nigeria, India, Thailand and El Salvador have made the largest strides in improving their business climates while...

Investors in Bahrain wish to establish economic ties with Pak: Ambassador Malik

MANAMA: Pakistan-Bahrain Joint Holding Company has been established to improve trade between the two countries and increase investment opportunities. “The traders and investors...

Pakistan voted in the UN Human Rights Council, Malik thankful for support at UN forum

--Pervaiz Malik says Pakistan offers excellent opportunities for foreign investors, has investment friendly regulations, huge market of over 190 million people BRUSSELS: Commerce...

Qualcomm’s meritless attempt to ban iPhone: Apple

Beijing: Apple has rejected Qualcomm’s attempt to ban iPhone in china as a “meritless” legal move, the latest salvo in a bitter...

PFC delegation leaves for Turkey to participate in 6-days Fair

ISLAMABAD: A twenty five-member delegation of Pakistan Furniture Council (PFC) Saturday left for Turkey to participate in 6-day ‘Modef Fair’ for exploring...

Higher taxes for rich will not harm economic growth, says IMF

WASHINGTON: IMF, the influential organisation, which is based in Washington DC, has published its biannual fiscal monitor to voice its support for the...

Larijani calls for Pak-Iran border markets for development of Balochistan

TEHRAN: Iran’s Parliament Speaker Ali Larijani has called for the establishment of border markets with Pakistan, voicing Iran’s interest to help with the growth...

EU reaffirms strong support on key issues in Pakistan

BRUSSELS: The 8th meeting of the EU-Pakistan Joint Commission and its Sub-groups on governance and democracy; trade; and development cooperation was held...

Uber to stop its ride sharing services UberPOP in Norway

OSLO: Uber announced Monday it was suspending its UberPOP ride-sharing service in Norway until adequate legislation had been adopted in the Scandinavian...