Exxon Mobil ‘very close’ to disclosing US, Canada job cuts, says CEO
HOUSTON: Exxon Mobil Corp XOM.N is "very close" to completing its workforce appraisals in the United States and Canada and expects to unveil...
Trial begins in Samsung leader’s suspected fraud, stock manipulation case
SEOUL: Samsung leader Jay Y. Lee’s trial, in a case of suspected accounting fraud and stock price manipulation connected to a 2015...
Textile machinery imports reduce by 25.09pc in Q1FY21
ISLAMABAD: Textile machinery imports during the first three months of the current fiscal year reduced by 25.09 per cent as compared to...
Footwear exports decrease 9.88pc in Q1FY21
ISLAMABAD: The footwear exports from the country witnessed a decrease of 9.88 per cent during the first quarter of the current financial year...
Tesla sets revenue record, makes profit thanks to pollution credit sales to rivals
NEW YORK: Tesla Inc on Wednesday reported its fifth consecutive quarterly profit on record revenue of $8.8 billion, boosted by an uptick...
PM Imran links country’s prosperity with industrial development
ISLAMABAD: Prime Minister Imran Khan said on Wednesday that the country's prosperity was dependent upon industrial development and stressed upon provision of...
Cabinet Division notifies appointment of PIA Board of Directors
The Cabinet Division has notified the appointment of the board of directors of the Pakistan International Airlines (PIA).
According to media reports, the...
Govt committed to providing employment, fighting inequality: Hafeez Shaikh
PM's aide addresses IMF panel, stresses need for collective efforts to avert Covid challenges
New measures after Covid-19 to disrupt 85 million jobs globally: WEF
ISLAMABAD: Covid-19 has caused the labour market to change faster than expected, and by 2025, employers will divide work between humans and machines...
Swat Motorway phase-II to be completed under public-private partnership: KP CM
PESHAWAR: Khyber Pakhtunkhwa (KP) Chief Minister Mahmood Khan has said that the second phase of Swat Motorway, which is part of the...
CPPA seeks Rs1.36 per unit hike in power price
ISLAMABAD: The price of electricity is likely to witness Rs1.36 per unit hike in the near future, as the Central Power Purchasing...
Bank Alfalah posts Rs8.3bn profit for 9M2020
The Board of Directors of Bank Alfalah Limited on Wednesday approved the bank’s unaudited condensed interim financial statements for the nine-month period...
Bank AL Habib’s nine-month profit surges 87pc to Rs13.13bn
The Bank AL Habib Limited (BAHL) Board of Directors on Wednesday announced the bank's financial results for the nine months period ended...
Power sector circular debt makes massive 0.5tr jump
Circular debt in the country's power sector jumped 32 per cent in one year, going up Rs1.6 trillion in June 2019 to...
IMF cuts Asia’s growth forecast, warns of pandemic-driven risks
TOKYO: The International Monetary Fund slashed this year’s economic forecast for Asia, reflecting a sharper-than-expected contraction in countries like India, a sign...