Business

DUSHANBE: President Mamnoon Hussain visits Dushanbe, Tajikistan on Monday for a four-day official visit. President's four day visit is primarily a participation at a high end international conference on International Decade for Action…

KARACHI: On Tuesday, a recent descent is observed of 1.11% in rupee value, due to which accumulative depreciation is around 15.38% to a record low of Rs121.73 to the US dollar in the inter-bank market since December 2017, the reason behind…

KARACHI: National Electric Power Regulatory Authority (NEPRA) released an interim order allowing K-Electric to utilize re-gasified liquefied natural gas (RLNG) as an alternative fuel for power production given that the power generation…

VIENNA: The oil ministers of the Opec cartel were gathering on Tuesday to discuss this week whether to increase production of crude and help limit a rise in global energy prices. The officials were arriving in Vienna ahead of the…

MUMBAI: India has shelved its sale of Air India after failing to attract buyers, local media quoted a government minister as saying - a decision that could exacerbate the carrier’s financial woes and representing a setback for government…

China and the US sank into a deepening trade conflict that roiled financial markets, prompting Beijing to accuse Washington of starting a trade war.

FRANKFURT: Volkswagen’s supervisory boards suspended crisis talks to find a stand-in boss for its Audi brand which was convened after German authorities arrested current Audi Chief Executive Rupert Stadler as part of a probe into emissions…

KARACHI: Caretaker Minister for Finance and Economic Affairs Dr Shamshad Akhtar has directed Pakistan Stock Exchange (PSX) to form a committee to propose a five year roadmap for the development of Pakistan's capital market. During her…

WASHINGTON: The US Supreme Court agreed Monday to hear a case on whether Apple can be sued under antitrust law for monopolizing the distribution of mobile applications on its App Store. The case which could have important implications…

WASHINGTON/ BEIJING: U.S. President Donald Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese imports on Friday, and the smoldering trade war between the world’s two largest economies showed signs of igniting as…