PSX starts week on bearish note, sheds 391 pointsPakistan equities closed Monday on a negative note with benchmark KSE-100 Index losing 391 points, closing at 36,902 levels, down 1 percent. The local bourse remained volatile throughout the trading s...
PAJCCI lauded across the border for action against delayed clearance of containers and trucksThe continuous efforts of PAJCCI across the border ultimately realized in clarifying back log of trucks and containers alongside Torkham border, which was intermittently pending since eight months. Th...
Oil prices spike as US prepares to end waiver of Iran sanctionsThe United States is expected to announce on Monday that all buyers of Iranian oil will have to end their imports shortly or face sanctions, a source familiar with the situation told Reuters, triggeri...
UBL leads digital revolution in PakistanAs part of the Bank's Digital Agenda, UBL was the Title Sponsor of the 12th International Mobile Commerce Conference, held at a local hotel in Karachi on 18 April 2019. This half-day conference focuse...
Ghosn hit with fresh charge in Japan, files for bailJapanese authorities Monday hit former Nissan boss Carlos Ghosn with a fresh charge of aggravated breach of trust, the fourth formal indictment against the auto sector tycoon who immediately filed for...
Govt has no intention to remove FED for cars 1700cc and aboveThere is fake news in the market about the removal of the 10% federal excise duty (FED) on all cars above 1700cc. Our sources confirmed that there is no such intention by the Government or the FBR on...
Tech, green features, power mix to boost luxury car salesUS auto sales may be slowing, but carmakers have high hopes for luxury vehicles, which are imbued with increasingly sophisticated gadgetry and sex appeal to seduce a new generation of millionaires. Lu...
Inflation nightmare returns to haunt ZimbabweThe price of bread almost doubled for Zimbabweans last week, as the inflation nightmare that marked the rule of long-time authoritarian leader Robert Mugabe returns to haunt his successor Emmerson Mna...
Mali hopes to cotton on to added valueFor five months straight the farm hands in the Malian village of Siby walk out together to the cotton fields, a clean sack in hand, for a long day of the meticulous work of picking the crop. In this f...
In nod to debt concerns, China Belt and Road summit to urge sustainable financing[caption id="attachment_379953" align="alignnone" width="800"] A man walks past a flower installation set up for the upcoming Belt and Road Forum in front of the Chinese Foreign Ministry in Beijing, C...
FAA sets multi-nation review of Boeing’s troubled Max planesThe US Federal Aviation Administration is planning what it calls a comprehensive multi-nation review of the control systems of the Boeing 737 Max airliner to include experts from nine civil aviation a...
Norwegian Air cabin crew union calls for strike at Charles de GaulleNorwegian Air's largest cabin crew union in France has called for a strike from April 24 to April 26, seeking higher pay and better working conditions, a union representative said on Saturday. UNAC un...