Great Depression-like US unemployment rate expected in April
WASHINGTON: The US economy likely lost a staggering 22 million jobs in April, in what would be the steepest plunge in payrolls...
Cooperation between Pakistan, DFID to continue: Hafeez Shaikh
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said that the cooperation between Pakistan and...
Oil set for positive finish to week as lockdowns eased
Oil prices rose in Asian trade Friday and were set to end the week with strong gains on signs demand is returning...
Fakhar stresses increasing fruits export to China
ISLAMABAD: Minister for National Food Security and Research, Syed Fakhar Imam has reaffirmed his commitment for strengthening the bilateral trade and economic...
From zero to hero: Physical oil rally might be short-lived
LONDON: From Kazakhstan to the North Sea and the US, physical crude has jumped in value in recent days, but the rally...
IHC orders FBR to initiate fresh bidding for cigarette tracking
The Islamabad High Court (IHC) on Thursday ordered the Federal Board of Revenue (FBR) to initiate fresh bidding for the cigarette tracking...
US pledges $15m to help Pakistan fight COVID-19, says envoy
ISLAMABAD: The United States has committed around $15 million to help Pakistan contain the coronavirus pandemic weeks after designating it as a priority...
PM orders inquiry into import of drugs from India despite ban
ISLAMABAD: Prime Minister Imran Khan has tasked Adviser on Interior Affairs Barrister Shahzad Akbar to probe into the misuse of permission regarding the...
EU to support Pakistan’s anti-corona fight with 153m euros
ISLAMABAD: Ambassador of the European Union Delegation to Pakistan Androulla Kaminara called on Prime Minister Imran Khan on Thursday and said the...
Punjab millers announce Rs2/kg increase in flour price
LAHORE: Punjab flour mills' owners on Thursday announced increase in flour prices by Rs2 per kg in the province citing rise in...
Jazz posts $2.09bn revenue for 1Q2020
ISLAMABAD: Veon, the parent company of Jazz Pakistan, has published financial results for the quarter ended 31st March 2020.
As per the financial...
Airbus deliveries plunge 80pc in April
PARIS: Airbus deliveries tumbled 80 per cent to just 14 aircraft in April, compared with a year earlier, as operations were hit...
SBP reserves rise $259m to $12.3bn
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $259 million to $12,329.4 million during the week...
IT ministry moves summary to promote local mobile phone assembling
The Ministry of Information Technology and Telecommunication (MoITT) has forwarded a summary to the Economic Coordination Committee (ECC) to incentivise the mobile...
Pakistan, Uzbekistan agree to form working group on trade
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood on Thursday disclosed that a Memorandum of Understanding between Pakistan and Uzbekistan...