BP looks at lowering spending after oil price crash
LONDON: BP (BP.L) is “making interventions” to reduce capital and operational spending in the wake of the recent collapse in oil prices,...
Karachi’s infrastructural uplift vital to boost exports, economic activities: PM
ISLAMABAD: Prime Minister Imran Khan on Friday said that being the engine of growth, uplift of the communications infrastructure and ports of Karachi...
PSL fan-ban likely to cost PCB over Rs100m
LAHORE: The Pakistan Cricket Board (PCB) is likely to suffer a financial loss of over Rs100 million due to its decision to stage...
FIA to probe Dr Zafar Mirza over alleged involvement in masks smuggling
ISLAMABAD: The Federal Investigation Agency (FIA) has launched a probe into the alleged involvement of Dr Zafar Mirza in smuggling of 20 million...
Oil bounces 5pc but set for biggest weekly thumping since 2008
LONDON: Oil prices were up more than 5pc on Friday but set for their worst weekly drubbing since the 2008 financial crisis as...
Telenor celebrates 15 years in Pakistan with successful 5G trials
Telenor Pakistan, the country's leading telecom and digital services provider, marked 15 years of its operations in Pakistan through the successful trial...
PITB, SadaPay join hands to facilitate ‘eRozgaar freelancers’
LAHORE: The Punjab Information Technology Board (PITB) on Friday signed a memorandum of understanding (MoU) with SadaPay, a digital mobile wallet company,...
Foreign outflows cross $700m in March: SBP
KARACHI: Total gross divestment during March 2020 has reached $772.3 million, according to data released by the State Bank of Pakistan (SBP),...
British Airways in battle for ‘survival’ over coronavirus
LONDON: British Airways warned that its survival was at stake on Friday as its CEO told staff of plans to cut jobs...
Is Pakistani market ready for rate cut?
'SBP should consider the country's uncertain inflation outlook as well as the growing pressure on its currency'
SECP reviews stock market situation amid repeated halts
The Securities and Exchange Commission of Pakistan (SECP) and the chief executive officers (CEOs) of the Pakistan Stock Exchange, National Clearing Company...
Steel industry concerned over ‘proposed facilities’ for TSML revival
ISLAMABAD: Expressing serious concerns over the government's intention to facilitate the revival of Al-Tuwairqi Steel Mills Limited (TSML) through heavily subsidized gas...
26 sectors submit suggestions for export promotion
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Friday chaired a meeting at the Finance Division...
Apple says reopening all its branded stores in China
Apple Inc is reopening all 42 of its branded stores in China on Friday, a company spokesman said, more than a month...
Asian shares plunge after Wall Street’s worst day in over 2 decades
Shares plunged in Asia on Friday, with benchmarks in Japan, Thailand and India sinking as much as 10 per cent after Wall...