The Musk Method: Learn from partners then go it alone
LOS ANGELES: Elon Musk is hailed as an innovator and disruptor who went from knowing next to nothing about building cars to...
EU okays 44 billion euro Italian recapitalisation scheme for virus-hit companies
BRUSSELS: EU competition regulators on Thursday gave the green light to a 44-billion-euro ($51.9 billion) Italian recapitalisation scheme for virus-hit large companies,...
Pakistan risks damage to export as India applies for GI tag to basmati in EU
ISLAMABAD: While Pakistan is yet to implement the Geographical Indications (GI) law promulgated in March this year, India has applied for an exclusive...
Global economic recovery may take five years, World Bank chief economist says
MADRID: The global economic recovery from the crisis originated by the coronavirus pandemic may take as much as five years, the World...
ByteDance’s bid to keep most of TikTok faces major hurdles
NEW YORK: China’s ByteDance faces an uphill struggle to convince the White House to allow it to keep majority ownership of its...
Shibli Faraz inaugrates Export Display Centre at ICCI, pledges support to business community
ISLAMABAD: Information and Broadcasting Minister Syed Shibli Faraz has said that the business community is the lifeline of the economy and promotion of...
KP govt to amend Sugar Factories Control Act 1950
PESHAWAR: The Khyber Pakhtunkhwa (KP) government on Wednesday decided to bring amendments to the Sugar Factories Control Act 1950.
Sources aware of the development...
‘Rs25bn allocated for women under Kamyab Jawan Programme’
ISLAMABAD: Urging the young females to get benefit from the Kamyab Jawan Programme, Special Assistant to Prime Minister on Youth Affairs Usman...
Restaurants’ boycott of Foodpanda services enters 2nd day
'APRA is now seeking competition commission's help to end the monopoly of the food delivery company'
Punjab govt to provide SMEDA-style business models to startups
LAHORE: The Punjab Finance Ministry on Wednesday directed the provincial industries department to provide Small and Medium Enterprises Development Authority (SMEDA)-style business...
FBR arm files 19 references against ‘owners’ of undeclared vehicles
ISLAMABAD: The Federal Board of Revenue (FBR)-Karachi has filed 19 references against people using undeclared (benami) cars.
Sources said the Directorate of Anti-Benami Initiative...
CDWP approves four projects worth Rs12.25bn
ISLAMABAD: The Central Development Working Party (CDWP) on Wednesday approved four projects worth Rs12.25 billion and recommended two projects worth Rs33.48 billion...
Cabinet ratifies draft law on SOE reforms
'One of the benchmarks under the IMF programme was to frame a law that could help introduce reforms in state entities'
Pakistan Railways incurs Rs187bn loss in five years
LAHORE: Pakistan Railways disclosed a loss of Rs187 billion to the national exchequer over the past five years to the senate.
The senate...
EU ban costs PIA Rs280m
The National Assembly (NA) on Wednesday was informed that the flight operation ban on Pakistan International Airlines (PIA) in the European sector...