Facebook spends $22.6m to keep Mark Zuckerberg safe

Facebook Inc more than doubled the money it spent on Chief Executive Officer Mark Zuckerberg’s security in 2018 to $22.6 million, a...

ZTBL fails to publish financial statements for two straight years

ISLAMABAD: The federal government's policy to appoint foreign professionals on important positions is not yielding the desired results, as officials seem reluctant to...

Economic growth not possible without political stability: minister

– Sh Rashid says the govt had no other option but to approach IMF for assistance – KCCI official says the business community...

ADB, UNDP renew pact to accelerate progress towards sustainable development

WASHINGTON: The Asian Development Bank (ADB) and the United Nations Development Programme (UNDP) signed a five-year memorandum of understanding (MOU) to accelerate progress...

Pakistan’s rapid urbanisation can support economy: WB report

There remains scope for improvement with respect to the inclusiveness of digitally-driven growth WASHINGTON: A new World Bank report says Pakistan's rapid urbanization...

Chill in global economy prompts G20 call for trade truce

WASHINGTON: The risk that global economic growth could slow more than expected spurred a call from top finance officials for countries to overcome...

World’s first robot-operated number plates factory opens in Dubai

Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA) has inaugurated the first...

Saudi Aramco team in Pakistan for talks on LNG deals

ISLAMABAD: A delegation from the world’s largest crude oil producer, Saudi Aramco, is in Pakistan for discussions on what would be its first-ever...

Netflix chief Hastings to leave Facebook board

Hastings' departure comes as the social network prioritises services such as live streaming and on-demand video that compete with Netflix SAN FRANCISCO:...

US import prices rise for third month

WASHINGTON: US import prices increased for a third straight month in March, driven by higher fuel prices, but the underlying trend remained soft. The...

Minister admits to slashing of CPEC funds

Planning minister says Rs24bn were diverted to uplift projects from several heads, including CPEC ISLAMABAD: Planning Minister Khusro Bakhtiyar on Friday admitted to...

Illegal jetties causing annual loss of Rs5bn to national exchequer

'Owing to lack of surveillance, these jetties are being used for smuggling of goods, fishes, fuel and even drugs to and...

IMF wants China-US trade deal to address structural issues

WASHINGTON: Any trade deal between China and the United States should be a long-lasting one that is consistent with multilateralism and addresses structural...

Pak Suzuki launches all-new Alto 660cc

As per estimates, the starting price of Suzuki Alto 2019 variants will be around Rs0.96m and it may go up till Rs1.2m Pak Suzuki...

Alibaba founder defends overtime work culture as ‘huge blessing’

'If you don't work 996 when you are young, when can you ever work 996?' SHANGHAI: Alibaba Group founder and billionaire Jack...