Global recovery could be faster if Covid vaccine made available to all: WHO chief

GENEVA: Economic recovery around the world could come faster if any Covid-19 vaccine is made available to all as a public good,...

SBP reserves rise $567m to $12.54bn

Central bank attributes the increase to inflows from multilateral and bilateral agencies, including $505m received from the World Bank

CDWP approves four projects worth Rs16.1bn

CDWP okays Rs3.65bn for rehabilitation of Lahore Fort; 7.78bn for uplift of Karachi Shipyard & Engineering Works Ltd

KP demands Rs1,000 per barrel royalty on oil from centre

PESHAWAR: The Khyber Pakhtunkhwa (KP) government on Thursday demanded the federal government to pay Rs1,000 per barrel royalty on oil being extracted...

Govt eases restrictions as Covid-19 cases continue to decline

–Educational institutions and marriage halls to be reopened on Sept 15; cinemas, restaurants to resume operations from Monday –NCOC decides to intensify public...

Gold surges to Rs129,500 per tola

Price of yellow metal in int'l market rises $9 to $2,050 per ounce
Amazon-Jeff Bezos

Bezos sells Amazon shares worth $3.1bn

Amazon.com Inc Chief Executive Officer Jeff Bezos sold shares worth $3.1 billion in the e-commerce company in recent days, regulatory filings showed...

CCI directs petroleum ministry to explore possibility of provincial input in OGRA

ISLAMABAD: The Council of Common Interests (CCI) on Thursday directed the Ministry of Petroleum and Natural Resources to explore the possibility of...

UBL profits grow 19pc to Rs11.4bn in 1st half of 2020

United Bank Limited (UBL) posted a year-on-year growth of 19pc in profit after tax (PAT) for the half-year ended June 30, 2020.  “With...

Stocks extend rally as volume hits year’s peak

Banking and technology sectors help KSE-100 cross the 40,000-mark

Slippers to work? Health kick, home office help Adidas

BERLIN: German sportswear firm Adidas said on Thursday it expected to bounce back to profitability in the third quarter assuming there are...

Oil prices pull back from five-month highs as rising product stocks weigh

LONDON: Oil prices slipped off five-month highs on Thursday as bearish sentiment about fuel demand undermined support from a weak dollar and...

Trade deficit shrinks 10.2pc to $1.64bn in July

Exports rise 6pc while imports drop 2pc during the first month of FY21

Petroleum Division aligns strategy to achieve self-sufficiency in oil, gas

ISLAMABAD: The Petroleum Division has aligned its strategy to achieve self-sufficiency in the oil and gas sector by introducing radical measures and...

Toyota ekes out weakest Q1 profit in 9 years as pandemic halves car sales

TOKYO: Toyota Motor Corp eked out its smallest quarterly profit in nine years as the coronavirus pandemic halved its car sales and...