With US now in hand, BioNTech CEO looks for more vaccine production
NEW YORK: The chief executive of Germany’s BioNTech SE said the biggest challenge facing it and partner Pfizer Inc now that their...
Investors weigh blocked China companies as Sino-US chill deepens
SINGAPORE/SHANGHAI/BOSTON: Investors face uncertain rules and could miss out on promising opportunities after index makers cut some blocked Chinese firms from their...
Agricultural sector expected to grow over 2.8pc: report
LAHORE: The agricultural sector is expected to achieve a growth target of 2.8 per cent or even surpass it on the back...
Foreign loans worth $10.7bn taken in FY20
ISLAMABAD: Pakistan paid $10.4 billion on account of debt servicing of external public loans during FY20, according to an annual report on...
Big tech firms to face 6pc fines if breach new EU content rules
BRUSSELS: Big tech firms such as Google and Facebook will face fines of up to 6% of turnover if they do not...
Oil set for weekly gain amid coronavirus vaccine progress
LONDON: Oil prices steadied on Friday, and were set for a sixth week of gains as progress towards novel coronavirus vaccination programmes...
Car sales up by 48pc YoY in November
LAHORE: Car sales increased by 48pc YoY in November this year to 14,454 units, the Pakistan Automotive Manufacturers Association (PAMA) reported on...
Investors swap China holdings from Wall Street to Hong Kong as delisting threat brews
SHANGHAI: Global fund managers are reducing their holdings in U.S-listed Chinese companies such as Alibaba, Netease and JD.com as risks grow they...
SECP unveils corporate insurance agents regulations
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified Corporate Insurance Agents Regulations, 2020 in a bid to strengthen the...
Chinese AI company eyeing smart control of Covid in Pakistan
BEIJING: An artificial intelligence (AI) company in China’s is interested in smart control of Covid-19 in Pakistan, China Economic Net (CEN) reported...
EU to provide Rs11.1bn for water security, education in Balochistan
ISLAMABAD: The European Union (EU) will provide Rs11.1 billion to support the government of Balochistan address water scarcity and improve access and...
Stocks extend rally with 166-point gain
KARACHI: The Pakistan Stock Exchange (PSX) continued with the positive momentum on Friday, recording gains for the third consecutive session amid improved...
Integry raises $1 million pre-seed
The news comes just as the software integration market has heated up due to COVID-19.
Remittances remain above $2bn for sixth consecutive month
Pakistan maintained a strong momentum in workers' remittances, crossing the $2-billion mark for the sixth consecutive month in November, State Bank of...
Coronavirus vaccine to be available in Pakistan by March 2021: SAPM
ISLAMABAD: The Ministry of National Health Services has announced that the coronavirus vaccine will be available in Pakistan by March 2021.
Special Assistant...