Ford announces new CEO as it eyes bigger electric push
NEW YORK: Ford announced Tuesday that Jim Hackett would resign as chief executive and be replaced by longtime auto executive Jim Farley...
SECP asks PSX to inquire alleged insider trading at TRG Pakistan
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has asked the Pakistan Stock Exchange (PSX) to inquire about the alleged "insider...
Apple says it has no interest in buying TikTok
Apple Inc has no interest in acquiring TikTok, the company said on Tuesday, denying a report by news website Axios from earlier...
Financial close of Thar Block-2 power plant by Sept end, says Asim Bajwa
Special Assistant to the Prime Minister on Information and Broadcasting Lt Gen (r) Asim Saleem Bajwa said on Tuesday that the financial...
Wheat shortage in KP increases to two million tonnes
PESHAWAR: Khyber Pakhtunkhwa (KP) Flour Mills Association Provincial Chairman Haji Iqbal on Tuesday said that KP currently faces a wheat shortfall of...
After months of Covid-led downfall, Pakistan’s exports grow 5.8pc in July
According to the commerce ministry, Pakistan exported goods and services worth $1.99bn in July 2020, as compared to $1.88bn in July 2019
President Alvi calls for adoption, facilitation of Artificial Intelligence
ISLAMABAD: President of Pakistan Dr Arif Alvi on Tuesday said that the adoption and growth of Artificial Intelligence (AI) in the country...
Govt mulls reopening marriage halls, recreational spots
ISLAMABAD: The government has started consultations with provinces to reopen the tourism sector, marriage halls, and recreational spaces, said Minister of Industries and...
Weak dollar no boon for emerging markets this time
LONDON/NEW YORK: Typically a boon for emerging markets, this year’s plunge in the US dollar may fail to boost the developing world’s...
Google’s $2.1bn Fitbit deal hits roadblock as EU opens probe
BRUSSELS: Alphabet unit Google’s bid to take on Apple and Samsung in the wearable technology market by buying Fitbit hit a hurdle...
KSE-100 snaps winning streak on profit-booking
Despite accumulating 459 points in early trade, the benchmark index ends lower by 293 points at 39,577.62
CM Buzdar says more businesses will be opened under Covid-19 SOPs
LAHORE: Punjab Chief Minister Sardar Usman Bazdar on Tuesday said that the provincial government is considering opening up more businesses while ensuring...
Oil falls as rising virus cases overshadow demand recovery
LONDON: Oil prices eased on Tuesday amid concerns that a fresh wave of Covid-19 infections will see a global demand recovery stalling...
New amendments by SECP only allow ATL listed individuals for registration
ISLAMABAD: The individuals whose names are not appearing on the Active Taxpayer List (ATL) of the Federal Board of Revenue (FBR) cannot...
PSX’s first listing of 2020 comes with an oversubscribed IPO
KARACHI: A gong ceremony to mark the first listing of the year 2020 of The Organic Meat Company Limited (TOMCL) was held...