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Tag: coronavirus (COVID-19

Indian economy to tail Pakistan, other South Asian economies due to Covid-19

World Business News

Indian economy to tail Pakistan, other South Asian economies due to Covid-19

Pakistan‘s interest rate expected to remain at 7pc

Pakistan‘s interest rate expected to remain at 7pc

China attracts 18.7pc more FDI in August despite uncertainty, tensions

World Business News

China attracts 18.7pc more FDI in August despite uncertainty, tensions

Volkswagen to invest over $2bn in Chinese electric vehicle sector

Volkswagen to invest over $2bn in Chinese electric vehicle sector

Japan’s jobless rate rises to 2.6% in April: government

Japan’s jobless rate rises to 2.6% in April: government

SEARLE partners with Beximco for supply of Covid-19 drug Remdesivir

SEARLE partners with Beximco for supply of Covid-19 drug Remdesivir

UN working alongside IMF, World Bank against COVID-19: Antonio

UN working alongside IMF, World Bank against COVID-19: Antonio

Nissan considering 20,000 job cuts amid Covid-19

Nissan considering 20,000 job cuts amid Covid-19

Negative pricing seen spreading from oil to gas

Negative pricing seen spreading from oil to gas

Virus-hit China sets no annual growth target, a first in years

Virus-hit China sets no annual growth target, a first in years

Foreign investors pull $26 billion out of Asian markets

Foreign investors pull $26 billion out of Asian markets

Vaccine hope, easing of lockdowns fuel Asian stocks rally

Vaccine hope, easing of lockdowns fuel Asian stocks rally

Oil prices hit one-month highs on output cuts, demand signs

Oil prices hit one-month highs on output cuts, demand signs

EU trade deal can be done despite talks stalemate: Gove

EU trade deal can be done despite talks stalemate: Gove

Turkey seeks global funding help to gird against lira shock

Turkey seeks global funding help to gird against lira shock

Pakistani company to manufacture Remdesivir within 8 weeks: Dr Zafar

Pakistani company to manufacture Remdesivir within 8 weeks: Dr Zafar

Up to 36 million have sought US jobless aid since virus hit

Up to 36 million have sought US jobless aid since virus hit

UK economy shrinks 5.8% in March, most on record

UK economy shrinks 5.8% in March, most on record

Trump urges California to let automaker Tesla reopen assembly plant

Trump urges California to let automaker Tesla reopen assembly plant

Saudi Aramco Q1 net profit slides 25% as oil prices plunge

Saudi Aramco Q1 net profit slides 25% as oil prices plunge

Asia’s pandemic stimulus may slow the demise of coal

Asia’s pandemic stimulus may slow the demise of coal

TPB gives due consideration to budget proposals :Razak

TPB gives due consideration to budget proposals :Razak

PM meets economic team to discuss current financial situation

PM meets economic team to discuss current financial situation

Asian shares push higher as more countries ease lockdowns

Asian shares push higher as more countries ease lockdowns

Emirates to raise debt as it braces for most difficult months ever

Emirates to raise debt as it braces for most difficult months ever

PSEB directed to ensure minimum impact of Covid-19 on IT industry

PSEB directed to ensure minimum impact of Covid-19 on IT industry

Uber loss widens to $2.9bln due to Covid-19

Uber loss widens to $2.9bln due to Covid-19

Stocks rise as reopening, easing China-US tensions trump bad data

Stocks rise as reopening, easing China-US tensions trump bad data

Great Depression-like US unemployment rate expected in April

Great Depression-like US unemployment rate expected in April

From zero to hero: Physical oil rally might be short-lived

From zero to hero: Physical oil rally might be short-lived

Sharjah-based Air Arabia opens return ticket bookings to Pakistan, India

Sharjah-based Air Arabia opens return ticket bookings to Pakistan, India

Asian equities turn negative as virus economic reality bites

Asian equities turn negative as virus economic reality bites

UK's construction sector hits record low in April due to pandemic

UK's construction sector hits record low in April due to pandemic

BMW lowers margin outlook for autos division citing coronavirus woes

BMW lowers margin outlook for autos division citing coronavirus woes

UK new car sales fall to lowest level since 1946

UK new car sales fall to lowest level since 1946

Stocks rally as nations begin to slowly reopen

Stocks rally as nations begin to slowly reopen

Amazon plans to extend closure of French warehouses until May 8

Amazon plans to extend closure of French warehouses until May 8

World Bank prepares $247.5m project to help Pakistan fight virus

World Bank prepares $247.5m project to help Pakistan fight virus

GM and SAIC’s China sales rebound in April as market recovers

GM and SAIC’s China sales rebound in April as market recovers

Irish airline Ryanair cuts up to 3,000 jobs over virus

Irish airline Ryanair cuts up to 3,000 jobs over virus

Suki Kinari Hydropower project to be completed on time despite Covid-19

Suki Kinari Hydropower project to be completed on time despite Covid-19

UK's minister lauds Pakistan's Billion Tree Programme

UK's minister lauds Pakistan's Billion Tree Programme

World stock markets rattled by Trump’s China virus claims

World stock markets rattled by Trump’s China virus claims

More and more borrowers benefitting from relief package: SBP

More and more borrowers benefitting from relief package: SBP

Japanese stocks drop after Wall Street sell-off

Japanese stocks drop after Wall Street sell-off

McDonald’s profit misses estimates as restaurants limit services

McDonald’s profit misses estimates as restaurants limit services

Nestlé Pakistan profit plunges 14.75pc in 1Q2020

Pakistan, Norway agree to work closely on debt relief initiative

Pakistan, Norway agree to work closely on debt relief initiative

Oil extends rally as coronavirus worries ease

Oil extends rally as coronavirus worries ease

US Federal Reserve warns coronavirus poses considerable risks

US Federal Reserve warns coronavirus poses considerable risks

SECP directs insurers to extend coverage of motor insurance policies

SECP directs insurers to extend coverage of motor insurance policies

British Airways set to slash up to 12,000 jobs

British Airways set to slash up to 12,000 jobs

Stock markets rise on virus hopes as oil tanks

Stock markets rise on virus hopes as oil tanks

Int’l community’s financial support against COVID-19 crisis lauded

Int’l community’s financial support against COVID-19 crisis lauded

Rs75b allocated to provide relief to labourers, daily wagers: Hammad

Rs75b allocated to provide relief to labourers, daily wagers: Hammad

US firms see worst outlook since financial crisis: survey

US firms see worst outlook since financial crisis: survey

Industrialist Mehtab Chawla dies after being diagnosed with coronavirus

Industrialist Mehtab Chawla dies after being diagnosed with coronavirus

Lotte Chemical suspends plant operations amid Covid-19 lockdown

Lotte Chemical suspends plant operations amid Covid-19 lockdown

Little suspense as Fed meets with US economy in crisis

Little suspense as Fed meets with US economy in crisis

Bank holiday on Monday

Bank holiday on Monday

US deficit could quadruple to $3.7 trillion in coronavirus crisis

US deficit could quadruple to $3.7 trillion in coronavirus crisis

No compromise on hoarding, cartelisation: Hammad

No compromise on hoarding, cartelisation: Hammad

China lauds Pakistan’s relief package for people, business community

China lauds Pakistan’s relief package for people, business community

US House approves new $483b coronavirus stimulus package

US House approves new $483b coronavirus stimulus package

HBL profit surges by 29% to Rs 4.1b in Q1

HBL profit surges by 29% to Rs 4.1b in Q1

Bipartisan deal reached on funding virus-hit US small businesses

Bipartisan deal reached on funding virus-hit US small businesses

Facebook invests $5.7 billion in India’s telecom giant

Facebook invests $5.7 billion in India’s telecom giant

Shield Corporation resumes plant operation for hygiene products

Shield Corporation resumes plant operation for hygiene products

Gul Ahmad resumes limited plant operation in Karachi

Gul Ahmad resumes limited plant operation in Karachi

Covid19: SECP directs microfinance lenders to facilitate borrowers

Covid19: SECP directs microfinance lenders to facilitate borrowers

Oil crash means more misery ahead for US shale producers

Oil crash means more misery ahead for US shale producers

Muted Ramadan, Eid amid pandemic slam seasonal rise in palm oil demand

Muted Ramadan, Eid amid pandemic slam seasonal rise in palm oil demand

Philip Morris closes factory amid pandemic spread

Philip Morris closes factory amid pandemic spread

US to add 75mln barrels of oil to strategic reserve: Trump

US to add 75mln barrels of oil to strategic reserve: Trump

Telenor gives Rs50m cheque to PM for Corona Relief Fund

Telenor gives Rs50m cheque to PM for Corona Relief Fund

MCB Bank donates protective equipment worth Rs10m to Punjab govt

MCB Bank donates protective equipment worth Rs10m to Punjab govt

SBP reduces special cash reserve requirement to 10%

SBP reduces special cash reserve requirement to 10%

Cabinet approves ordinance for construction industry

Cabinet approves ordinance for construction industry

Rupee climbs vs dollar after IMF approves $1.4b for Pakistan

Rupee climbs vs dollar after IMF approves $1.4b for Pakistan

Asian stock markets rise on China GDP data

Asian stock markets rise on China GDP data

Stocks stage 1,500-point rally after SBP's rate cut

Stocks stage 1,500-point rally after SBP's rate cut

KPRA exempts sales tax on cash distribution services under EECTI

KPRA exempts sales tax on cash distribution services under EECTI

Pandemic to bring Asia’s 2020 growth to halt for first time in 60 years: IMF

Pandemic to bring Asia’s 2020 growth to halt for first time in 60 years: IMF

APTMA donates Rs 50m in PM’s COVID-19 Relief Fund

APTMA donates Rs 50m in PM’s COVID-19 Relief Fund

Millat Tractors to resume production operations from tomorrow

Millat Tractors to resume production operations from tomorrow

Asian markets down as oil rallies on output cuts deal

Asian markets down as oil rallies on output cuts deal

National Savings achieves collection target of Rs165b

National Savings achieves collection target of Rs165b

Wheat harvest in full swing across country

Wheat harvest in full swing across country

Apple, Google together plan software to slow Covid-19

Apple, Google together plan software to slow Covid-19

PSO demands Rs100 billion as defaults looms

PSO demands Rs100 billion as defaults looms