Bulls dominate PSX as benchmark index gains 625 points
KARACHI: Bulls staged a comeback at the Pakistan Stock Exchange on Thursday, with the indices accumulating gains all day long amid positive...
US weekly jobless claims stuck at higher levels
WASHINGTON: The number of Americans filing new claims for unemployment benefits hovered at high levels last week, strengthening views that the labour...
Subgroup constituted to streamline data sharing between NADRA, FBR
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Thursday constituted a subgroup, comprising FBR Policy Board...
PPL finds new gas reserves in Kalat
LAHORE: Pakistan Petroleum Limited (PPL) has found new gas reserves of over 1 Trillion Cubic Feet (tcf) in Kalat Block.
The development was...
Pakistan, UAE sign pact to thwart money laundering, terror financing
LAHORE: Pakistan's Financial Intelligence Unit (FIU) and Financial Monitoring Unit of Pakistan on Wednesday signed a Memorandum of Understanding (MoU) with the...
Pakistan-born Shahid Khan listed among richest by Forbes
Pakistan-born Shahid Khan has figured in Forbes’ list of richest Americans, topped by Amazon founder Jeff Bezos for the third year in a row.
Khan...
China’s Huawei to launch rival to Google Android on smartphones next year
SHENZHEN: Huawei Technologies plans to introduce its Harmony operating system, seen as the company’s best bet to replace Google’s Android mobile operating...
Battery-powered face mask seeks to fight Covid and foggy glasses
SEOUL: A South Korean company has invented a battery-powered filtered face mask designed to reduce annoying problems associated with conventional designs, such...
India’s Reliance offers Amazon $20 billion stake in retail arm: Bloomberg
BENGALURU: India’s Reliance Industries (RELI.NS) is offering to sell a roughly $20 billion stake in its retail arm to Amazon.com Inc (AMZN.O),...
Reform hopes rise as China focuses on inward economic shift
BEIJING: Chinese reform advocates are hoping President Xi Jinping’s proposed new economic model, expected to be the centrepiece of a key conclave...
Data usage jumped 25pc, revenue from voice traffic declined 10pc during lockdown
ISLAMABAD: Apart from other impacts of the outbreak of coronavirus, the lockdowns and work from home initiatives have also changed the consumers’...
MoIP given two weeks to prepare roadmap for SMEs’ facilitation
ISLAMABAD: Prime Minister Imran Khan has directed the Ministry of Industries & Production to prepare a workable roadmap for promotion of small...
Steps afoot to promote halal food industry: Fawad
ISLAMABAD: Federal Minister for Science and Technology Chaudhry Fawad Hussain on Wednesday said that all-out efforts are underway to promote halal food...
K-Electric restores critical customer services after cyber attack
K-Electric, the sole electricity provider for Karachi, experienced a cyber attack earlier this week that led to the disruption of billing and...
FM Qureshi hopes of progress on North-South pipeline during Moscow visit
ISLAMABAD: Foreign Minister Shah Mahmood Qureshi has said that he would discuss with his Russian counterpart the construction of a gas pipeline due...