Business

HERAT (Afghanistan): Afghanistan on Thursday opened a new international trade route aimed at establishing direct access to Central Asian and Europe as it seeks to build up an economy wrecked by decades of war and reduce reliance on…

KARACHI: Pakistan's central bank has received another installment of one billion dollars from Saudi Arabia's bailout package for Pakistan. A spokesman of State Bank of Pakistan (SBP) has said that the bank has received another tranche of…

PARIS: French business activity plunged unexpectedly into contraction this month, retreating at the fastest pace in over four years in the face of violent anti-government protests, a monthly survey showed on Friday. Data compiler IHS…

KARACHI: Finance Minister Asad Umar has assured Karachi's business community for restoration of gas supply within three to five days to the industries in Karachi, ARY News reported on Thursday. In a telephonic conversation with Siraj…

LONDON: The euro slipped on Thursday after the ECB trimmed its growth forecast for the eurozone because of "mounting uncertainties" from within and outside the region. European Central Bank chief Mario Draghi said risks facing the area…

Qualcomm Inc is asking courts in China to ban sales of Apple Inc’s latest iPhone models XS and XR after winning a preliminary injunction against older models, the Financial Times reported on Thursday. On Monday, A Chinese court had…

ISLAMABAD: Pakistan and Italy on Thursday agreed to pursue joint ventures in trade and economic spheres by transfer of the technology, ARY News reported. The accord came at a meeting between Foreign Minister Shah Mahmood Qureshi and…

ISLAMABAD: Taking another important step to promote business environment in the country, Prime Minister Imran Khan announced to call a session on monthly basis to review the trade facilities across Pakistan. As per details, the decision…

KARACHI: Pakistan’s GDP growth expected to slow to 4.3 to 4.7% in current and the next fiscal year from 5.8% in FY18 due to policy measures taken to address the external imbalance, Moody’s rating agency has said in a report released on…