France keen to enhance financial assistance in Hydro, renewable sectorsThe Ambassador of France to Pakistan Dr Marc Baréty paid a visit to the Rawalpindi Chamber of Commerce and Industry (RCCI) here on Wednesday. Addressing traders, the envoy said that his country desire...
UTILITY STORES CORPORATION — A MISMANAGED GOLD MINESince August 2018, Utility Stores Corporation of Pakistan (USC) has taken fair bit of lead in media.Despite its large network of around 5,000 outlets and more than 14,000 employees, USC is witnessing...
Senate’s Standing Committee Visits Indus Motor CompanyThe members of the Senate's standing committee on production and industries paid a visit to the Indus Motor Company (IMC) on Tuesday. The members were briefed by the Chief Executive of IMC, Ali Asghar...
EU leaders’ decision on Brexit delay unlikely this week: JunckerEuropean Union leaders are unlikely to agree at a summit this week on a delay to Britain’s departure, and will probably have to meet again next week, the head of the bloc’s executive branch said Wedne...
Oil prices slump due to economic slowdown as OPEC cuts supportOil prices were on Wednesday weighed down by economic growth concerns that dampened the outlook for fuel consumption, but supported by voluntary supply cuts led by producer club OPEC and by US sanctio...
WAPDA claims Mohmand dam’s groundbreaking due next weekLawmakers, on Tuesday, discussed the construction of Mohmand Dam and were informed that work would start next week and be completed before the flood season of 2024. This announcement was made during a...
US probing certification of Boeing 737 MAXBoeing and US aviation regulators are coming under intense scrutiny over the certification of the 737 MAX aircraft after news that two recent crashes share similarities. On March 11, just a day after...
Vietnamese workers streaming to Japan, face risks as labour system opens upWhen a young Vietnamese woman found out late last year that she was pregnant after arriving in Japan on a "technical trainee" visa, she was given a stark choice: "Have an abortion or go back to Vietna...
India’s richest man helps tycoon brother avoid jailThe epic feud between India's Ambani brothers has taken a new twist with the older and now vastly richer brother paying a debt owned by his struggling sibling, helping him avoid jail. Mukesh and Anil...
Asia firms spend less and save more as China economy slowsCorporate spending in Asia is likely fall for the first time in three years, a Reuters analysis of Refinitiv data showed, as businesses conserve cash in the face of a stalling Chinese economy, an unre...
Pak’s closed airspace cost Air India six billionGovernment-owned Air India was hit severely by the closure of Pakistan's airspace as it had reportedly faced a loss of six billion rupees since March 16. Overwhelming losses are largely occurring beca...