Huawei faces charges of stealing trade secrets from six US firms
WASHINGTON: Chinese tech giant Huawei was hit with fresh US criminal charges alleging a "decades-long" effort to steal trade secrets from American...
Sale of cars decreases by 47.8%, motorbikes by 3.5% in Jan 2020
LAHORE: The Pakistan Automotive Manufacturers Association (PAMA) has claimed that sale of cars decreased by 47.8 percent while sale of motorbikes declined by...
FBR, Turkey Customs Agency sign MoU for trade facilitation
ISLAMABAD: A Memorandum of Understanding (MoU) was signed here between the Ministry of Trade of the Republic of Turkey and the Federal...
US stocks mixed over fear of China virus
NEW YORK: US stocks posted mixed results on Friday, capping a week that saw all indices hit records then recede before bounding...
Country witnesses over 3% increase in exports
ISLAMABAD: The National Assembly was informed that the country has witnessed over three percent increase in exports and 16 percent decrease in...
Asad Umar orders ministries to monitor food situation
ISLAMABAD: Minister for Planning, Development and Special Initiatives Asad Umar directed the Ministry of Food Security, utility stores and other provincial ministries to...
Coca Cola Icecek delegation meets BOI Chairman Zubair Gilani
ISLAMABAD: A delegation of Coca Cola Icecek (CCI), led by General Manager CCI Pakistan, Ahmet Kursad Ertin and Group Director Corporate Affairs...
India to offer 6,000 acres in held Kashmir to investors
NEW DELHI: India plans to offer around 6,000 acres of land in held Kashmir as part of a business summit planned for April...
Senate passes six govt bills, suspends question hour
ISLAMABAD: The Upper House of Parliament on Friday passed a motion to suspend question hour and passed six government bills after presentation of...
Budget deficit reaches Rs994.7bn in 1HFY20
–Govt spends Rs4.2tr against revenue of Rs3.2tr in first six months of ongoing fiscal year
–Defence sector remains major beneficiary of govt spending,...
NTDC installs auto transformers at Lahore, Jamshoro grids
In order to cater to the increased demand of electricity during the summer season, National Transmission and Despatch Company Ltd (NTDC) is...
Proposed revival plan of Tuwairqi Steel Mills opposed
ISLAMABAD: Despite a strong lobby supporting the proposed revival plan of Tuwairqi Steel Mills Limited (TSML) through an expected investment of around...
Big industry contracts 3.3pc in first half FY20
ISLAMABAD: Pakistan's large-scale manufacturing (LSM) shrank by 3.35pc in the first half (July-Dec) of the current financial year (FY20), as compared to...
Nishat Mills’ profit plunges 40pc to Rs1.89bn
LAHORE: The Board of Directors of Nishat Mills Limited (NML) met on Friday to review the company's performance and announce its financial...
Pakistan has achieved all economic goals, IMF says
--Global financial body says 'govt has made considerable progress in last few months to advance economic reforms'
--Fund says 'inflation should start to...