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Saudi projects big deficit in 2015 after oil price drop

RIYADH: Saudi Arabia, the world's largest crude exporter, on Thursday announced a 2015 budget with a huge $38.6 billion deficit due to the sharp decline in oil prices but still raised spending.

Stores' shares fall during Thanksgiving weekend

Early holiday promotions and rising online shopping took a toll on in-store U.S. sales during the Thanksgiving weekend as shoppers on average spent 6.4 percent less than they did a year earlier, according to data released Sunday by an industry group.

NEPRA slashes per unit power cost

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has slashed Rs. 0.47 per unit on electricity, ARY News reports on Monday.

G20's new growth plans suspiciously long in the tooth

SYDNEY: As leaders of the world's 20 most powerful nations congratulate themselves on plans to boost economic growth, a closer look at their 800-plus policy proposals reveals a catalog of measures that are either old, vague or unlikely to be implemented.

PM Nawaz slammed for lavish spending on foreign trips

ISLAMABAD: Dr. Tahirul Qadri, chief of Pakistan Awami Tehreek, has slammed the Prime Minister Nawaz Sharif for his ‘royal’ spending on his foreign trips, especially his current visit to New York to attend UN General Assembly session, ARY News reported.

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