Trump taps a strident Powell critic for spot on Fed boardUS President Donald Trump on Friday tapped Stephen Moore, a conservative economic commentator and fellow critic of Federal Reserve policy under Chairman Jerome Powell, to join the US central bank's bo...
US airlines visit Boeing as FAA awaits 737 MAX upgradesTeams from the three US airlines that own 737 MAX jets headed to Boeing Co's factory in Renton, Washington, to review a software upgrade on Saturday, as US regulators prepared to receive and review th...
Apple plans to take on streaming rivalsApple is expected to take on streaming rivals like Netflix and Amazon as Hollywood giants Disney and WarnerMedia also move into the space. Here is a rundown of the key players in the market. Netflix N...
Italy endorses China’s Belt and Road plan in first for a G7 nationItaly endorsed China’s ambitious “Belt and Road” infrastructure plan on Saturday, becoming the first major Western power to back the initiative to help revive the struggling Italian economy. Saturday’...
Ireland promises ‘substantial’ aid to farmers under a no-deal BrexitIreland's agriculture minister Michael Creed on Saturday promised farmers a "substantial" aid package if they suffer losses as a result of new UK tariffs under a no-deal Brexit. The Irish Farmers Asso...
China refuses to concede on US demands to ease curbs on tech firms — FTAhead of fresh high-level trade talks this week, China is not conceding to US demands to ease curbs on technology companies, the Financial Times reported on Sunday, citing three people briefed on the...
PSX Index closes week in green after six consecutive weeksAfter six consecutive weeks in the red, the KSE-100 finally gained 225 points (0.6 percent) to close the week at 38,532 points. This turn of events came as average daily traded value increased by 7 pe...
May pushes for Brexit deal with new timetableBritish Prime Minister Theresa May tried to persuade MPs to back the EU divorce deal, seeking to build bridges after lashing out at lawmakers for their indecision on Brexit. May wrote to all MPs on Fr...
‘Gulf will lead the digital currency world’The Gulf is overtaking Asia as the global leader in cryptocurrencies, as countries such as Saudi Arabia and the UAE embrace blockchain technology despite the crash in coin prices, according to the cof...
Trump dangles investment to Caribbean leaders who back Venezuela’s GuaidoUS President Donald Trump pledged investment in a rare meeting on Friday with five Caribbean leaders who have sided with the United States in backing Venezuelan opposition leader Juan Guaido as head o...
Apple’s Cook to China: keep opening for sake of global economyApple chief executive Tim Cook nudged China on Saturday to open up and said the future would depend on global collaboration, as the United States and China remained locked in a bitter trade dispute. “...
Energy giants spent $1bn on climate lobbying, PR since Paris: watchdogThe five largest publicly listed oil and gas majors have spent $1 billion since the 2015 Paris climate deal on public relations or lobbying that is “overwhelmingly in conflict” with the landmark accor...
Cement exports grow by 52% in eight monthsThe cement exports during first eight months of the current fiscal year from Jul 2018 to Feb 2019 period registered a growth of 52.30 percent to 4.65 million tons from 3.05m tons exported in the corre...