The Khyber Pakhtunkhwa (KP) has disbursed development funds worth Rs28.31 billion to 33 departments for the third quarter of the current fiscal year.
NEW YORK: Twitter posted revenue and profit ahead of Wall Street estimates on Thursday, as higher advertising sales offset a drop in monthly users to push the company’s shares up nearly 12 percent before the opening bell. Quarterly advertising revenue jumped 29 percent from a year earlier to $650 million, boosted by advertiser interest in broadcasts from media companies including Live Nation Entertainment, Major League Baseball and Major League Soccer. That drove a similar rise in overall revenue from a year earlier to…
BERLIN: The German economy grew at a faster pace than expected in the third quarter, official data showed Thursday, as robust foreign demand kept Europe's top economy humming. Gross domestic product (GDP) expanded by 0.8 percent between July and September compared with the previous quarter, adjusted for seasonal swings, the statistics office Destatis said in a statement. "German economic growth continues at a high rate," it said. The preliminary figure beat expectations, as analysts surveyed by Factset had forecast…
NEW YORK: Slowing growth in emerging markets and currency fluctuations in anticipation of a U.S. interest rate hike may push third-quarter revenue and earnings estimates lower this month.