Without fanfare, Apple launches new iPhone for the budget-minded
Apple on Wednesday unveiled a new entry-level iPhone in a launch without fanfare, aiming to appeal to consumers facing a suddenly bleaker...
CDWP defers PC-I of Main Line-I Project for further evealuations
ISLAMABAD: The Central Development Working Party (CDWP) has deferred till its next meeting the PC-I of the $9.2-billion Karachi-Peshawar Main Line (ML-I)...
Pakistan’s exports to fall $3bn owing to coronavirus: Dawood
ISLAMABAD: Adviser to the Prime Minister on Commerce Abdul Razak Dawood has said the State Bank of Pakistan (SBP) has called for...
Small factory owners in KP demand interest-free loans
PESHAWAR: As partial lockdown continuous to prevail in the provincial capital at the cost of suspended trade and commercial activities, small factory...
Manufacturing sectors seek tax deferment to avert corona crisis
LAHORE: The country's manufacturing sectors have demanded the government to defer the imposition of taxes, suggesting that instead of giving subsidies, taxes...
Industries failing to adopt SOPs regarding Covid-19 to be sealed, warns Dar
ISLAMABAD: Special Assistant to the Prime Minister on Youth Affairs Usman Dar on Wednesday said the industries that failed to adopt standard...
NDMA to procure anti-corona protective gear from local market: chairman
ISLAMABAD: National Disaster Management Authority (NDMA) Chairman Lieutenant General Muhammad Afzal on Wednesday announced that from now onward the entire personal protection...
Global stocks, oil price sink on grim forecasts
Global stocks and oil prices tumbled Wednesday after the International Monetary Fund said the world’s economy will suffer its worst year since...
KSE-100 fails to sustain gains, closes flat
KARACHI: Investors at the Pakistan Stock Exchange (PSX) witnessed another volatile session on Wednesday, as the indices oscillated in both directions before...
Jet fuel demand to remain low for years as airlines buckle up for tough ride
LONDON/PARIS/SINGAPORE: Demand for flights and jet fuel could take years to recover from the coronavirus crisis as airlines struggle to survive their...
Oil market falls too big to offset with output cuts, IAE warns
LONDON: The International Energy Agency (IEA) on Wednesday forecast a 29 million barrel per day (bpd) dive in April oil demand to...
Coronavirus: Amazon boss Jeff Bezos adds $24bn to fortune
The founder and boss of Amazon has seen his wealth swell by $24bn (£19bn) after soaring demand for online shopping sent the...
Pakistan seeks China’s support on debt relief efforts
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has sought China’s support for Pakistan’s efforts to seek...
IMF acknowledges Pakistan’s anti-corona efforts
ISLAMABAD: The International Monetary Fund (IMF) has acknowledged Pakistan’s measures to contain the spread of the coronavirus.
The IMF’s recent publication ‘Policy Tracker’ of its...
Pakistan asks Germany, UK for debt relief
ISLAMABAD: Following up on his call for a ‘Global Initiative on Debt Relief’, Prime Minister Imran Khan on Tuesday held a telephonic conversation...