Thatta extraction plant starts palm oil production

THATTA: A palm oil extraction plant being run by the Sindh's Environment, Climate Change & Coastal Development Department started production on Wednesday. "The...

Trade agreements with Afghanistan to be finalised by Jan 2021: Dawood

The Afghanistan-Pakistan Transit Trade Agreement (APTTA) and Preferential Trade Agreement (PTA) will be finalised between the two countries by the end of...

UK electric van startup Arrival to get US listing at $5.4bn valuation

LONDON: British electric van startup Arrival has agreed to merge with CIIG Merger Corp to get a US listing at a market...

Pfizer ends its Covid-19 vaccine trial with a 95pc success rate

Final results from Pfizer Inc's Covid-19 vaccine trial showed its shot had a 95pc success rate and two months of safety data,...

Stocks shed 138 points amid lack of triggers

KARACHI: The Pakistan Stock Exchange (PSX) was back in the negative territory on Wednesday, with the indices failing to maintain yesterday's momentum...

KP govt gives TMAs Rs1.5bn as compensation for Covid losses

PESHAWAR: The Khyber Pakhtunkhwa (KP) government has released Rs1.5 billion to Tehsil Municipal Administrations (TMAs) across the province as compensation for the...

Finja gets SECP approval to launch P2P lending platform in its regulatory sandbox

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has granted approval for launch of a Peer-to-Peer (P2P) Lending Platform under the...

Firdous Market underpass to be completed this week

LAHORE: The Firdous Market Underpass Project (FMUP), named Lal Shahbaz Qalandar Underpass, is all set to be completed during the current week...

LHC admits eight writ petitions against Sales Tax and Services Act 2012

LAHORE: Eight writ petitions challenging the vires of Section 7 of the Punjab Sales Tax and Services Act, 2012 were filed before...

Govt clears seven-year backlog of retired PSM employees

ISLAMABAD: The federal government has disbursed Rs24.42 billion among retired employees of the Pakistan Steel Mills (PSM) who had been waiting for...

Oil rises on hopes for delay in OPEC+ supply increase

TOKYO: Oil prices edged higher on Wednesday as hopes that OPEC and its allies will delay a planned rise in oil output...

US to approve 737 MAX return as Boeing faces strong headwinds

WASHINGTON/SEATTLE: After nearly two years of scrutiny, corporate upheaval and a standoff with global regulators, Boeing Co BA.N is set to win approval...

World stocks catch breath after vaccine euphoria

LONDON: Global shares were little changed and oil rose on Wednesday as weak US retail sales and a surge of new coronavirus...

Bitcoin breaks $18,000 as rally powers on, all-time high in sight

LONDON: Bitcoin on Wednesday broke through $18,000 to hit a new year-to-date peak as its blistering 2020 rally, driven by demand for...

ADB reaffirms support for Pakistan’s development agenda, Covid-19 response

MANILA: Asian Development Bank (ADB) Vice President Shixin Chen has reaffirmed support for Pakistan’s development efforts and coronavirus pandemic response during a...