Amazon offers employees $10,000 to quit, launch delivery business
WASHINGTON: Amazon announced Monday it was offering employees $10,000 to quit their jobs and become independent package delivery entrepreneurs as the online giant...
China hikes tariffs on US goods after Trump warning
BEIJING: China said on Monday it would impose higher tariffs on most US imports on a revised $60 billion target list, hitting back...
Motorcycle production falls 10pc to 1.6mn units in eight months
The production of tractors also witnessed a decrease of 30pc, as it went down from 45,576 units in 8MFY18 to 31,879...
NA’s finance committee elects Asad Umar as chairman
ISLAMABAD: The National Assembly's Standing Committee on Finance, Revenue and Economic Affairs on Monday unanimously elected MNA Asad Umar as its chairman.
The NA...
Secured transactions registry established at SECP
ISLAMABAD: The federal government has entrusted the function of Secured Transaction Registry (STR) for unincorporated entities to the Securities and Exchange Commission of...
Hakim Said’s granddaughter takes charge of Hamdard
Fatema Munir Ahmed will serve as the new managing director and CEO of Hamdard Pakistan
KARACHI: Fatema Munir Ahmed — granddaughter of Hakim...
Trump warns China not to retaliate against US trade tariffs
WASHINGTON: President Donald Trump on Monday warned China not to retaliate after Washington raised punitive duties on $200 billion worth of Chinese imports...
Car sales decline 14pc in April
Over 17,000 passenger cars were sold during the month of April 2019, according to a Pakistan Automotive Manufacturer's Association (PAMA) report. The...
PSX plunges 816 points as IMF deal fails to trigger positivity
KARACHI: Trading at the Pakistan Stock Exchange (PSX) started on a bullish note on Monday amid the perception that the much-awaited announcement regarding...
Two Saudi oil tankers damaged in ‘sabotage attack’ off UAE
RIYADH: Two Saudi oil tankers were damaged in a "sabotage attack" off the United Arab Emirates coast, the official Saudi Press Agency reported...
Bitcoin holds above $7,000 after hitting nine-month high
LONDON: Bitcoin hovered above $7,000 on Monday, close to nine-month highs, as the biggest cryptocurrency’s 2019 rally gathered steam.
Bitcoin was last up...
IMF agrees to lend $6bn to Pakistan over three years
---IMF official says programme to support country's growth by reducing imbalances, improving business environment
ISLAMABAD: The Pakistani authorities and the International Monetary Fund (IMF)...
US, China face deadlock over trade talks
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PR to revive Bahawalnagar-Samma Satta railway section
Pakistan Railways (PR) has planned to restore its Bahawalnagar, Fort Abbas, Haroon Abad and Samma Satta railway sections, a private media outlet...
Pak-Turkey FTA to be signed by mid of June
---Textiles, tourism, culture among sectors proposed for enhancing cooperation
ISLAMABAD: The Free Trade Agreement (FTA) between Pakistan and Turkey is likely to...