China will keep door open to foreign investment despite trade tensions
BEIJING: China will take steps to safeguard its interests, but won’t close its door to foreign investment and the global industry despite trade...
‘Conspirators’ unhappy with Pakistan’s economic progress: PM
Prime Minister Imran Khan said on Tuesday that those who "cannot see Pakistan strengthening economically are busy conspiring" against the country.
Presiding over...
Shell Pakistan posts Rs570m profit for Q3 2019
The Board of Directors of Shell Pakistan Limited announced the third-quarter results of the company on Tuesday.
The company posted a profit after...
‘Groundbreaking of Rashakai economic zone next month’
ISLAMABAD: The meeting of the Pak-China Joint Working Group (JWG) on Industrial Cooperation was held via video conference on Tuesday.
The meeting was...
Some 300,000 employees of Indian state-led banks strike against mergers
MUMBAI: Nearly 300,000 employees of Indian state-run banks went on strike on Tuesday against government plans to consolidate the sector through mergers...
Oil prices rise on prospects for US-China trade deal
LONDON: Oil prices rose on Tuesday after China signalled progress in trade talks with the United States, but gains were capped by bearish...
Uber turns to India, Africa and Middle East as losses mount
NEW DELHI: The head of Uber said Tuesday that the global ride services firm was counting on India, Africa and the Middle East...
Govt likely to jack up power tariff by Rs2.97 per unit
ISLAMABAD: The Central Power Purchasing Agency (CPPA) has asked the National Electric Power Regulatory Authority (NEPRA) to jack up electricity price by Rs2.97...
KSE-100 gains 114 points amid range-bound trading
KARACHI: It was a slow day at the Pakistan Stock Exchange (PSX) where indices traded within a narrow range throughout the session amid...
Pakistan, Turkey agree to enhance cooperation in energy sector
ISLAMABAD: Ambassador of Turkey to Pakistan Ihsan Mustafa Yurdakul called on Power and Petroleum Minister Omar Ayub Khan on Tuesday to discuss matters...
Weekly inflation up 2.36pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ending October 17, 2019, increased by 2.36pc as compared to the...
Air taxi startup Lilium expands production as prototype exceeds 100km/h
BERLIN: A prototype flying taxi has achieved speeds in excess of 100 km/h (62 mph), its German developer Lilium said on Tuesday,...
Provincial authorities meet IMF officials for tax issues
ISLAMABAD: Provincial tax authorities have informed the International Monetary Fund (IMF) that the federation and provinces can resolve their taxation related issues...
GDA to upgrade historical, tourist spots in Gwadar
ISLAMABAD, Oct 21 (APP):Gwadar city is all set to reclaim its lost glory as the Balochistan government has launched several development schemes...
Drilling for Shale gas, oil in Sindh to start in December
ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) has planned to start drilling activities in potential areas of Sindh in December this...