K-Electric selects Oracle Cloud to automate material planning, delivery allocation

LAHORE: K-Electric, the sole electricity provider in the country's business capital, Karachi, and nearby districts, has selected Oracle Fusion Cloud Supply Chain...

Samsung may launch flagship phone early to grab Huawei share

SEOUL: Samsung Electronics Co Ltd may launch its flagship Galaxy S smartphones more than a month earlier than expected in a bid...

Clash of consoles: New PlayStation, Xbox enter $150 billion games arena

TOKYO/CHICAGO/STOCKHOLM: Think Michelangelo vs Da Vinci. Muhammad Ali and Joe Frazier. Batman v Superman. Another epic rivalry is rejoined this week when...

IEA sees new European lockdowns denting oil demand outlook

LONDON: Renewed lockdown measures in Europe aimed at containing a rise in COVID-19 cases appear set to push the outlook for global...

Investors bet vaccine sparks revival in beaten down stocks

SYDNEY/LONDON: Investors expecting an imminent COVID-19 vaccine are beginning to buy bank stocks and industrials in anticipation of a roaring return in...

‘TAPI gas pipeline to bring economic prosperity to Pakistan’

ISLAMABAD: Turkmenistan Ambassador to Pakistan Atadjan Movlamov on Sunday announced that the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline is at the stage of practical...

Clouds gather over battered dollar in aftermath of US election

WASHINGTON: An increasingly bearish picture is unfolding for the U.S. dollar, which has suffered its worst week since March on signs that...

Global economy may never return to pre-pandemic growth level: WB

WASHINGTON: The recovery of the global economy from the coronavirus crisis will be very slow, according to the World Bank’s senior economist...

SBP governor lauds Sialkot business community for building airport

SIALKOT: State Bank of Pakistan (SBP) Governor Dr Reza Baqir on Sunday said that the local business community should be hailed for...

Traders demand abolishment of Time of Use metering system

Businessmen have urged the government to abolish the Time of Use (ToU) metering on electricity bills as general consumers have to pay...

CPEC rapidly laying foundation for Pakistan’s industrial development: CRI Urdu

BEIJING: The projects implemented under the China-Pakistan Economic Corridor (CPEC), are rapidly laying the foundation for Pakistan’s industrial development and will benefit...

Biden’s trade policy will take aim at China, embrace allies

WASHINGTON: President-elect Joe Biden has pledged to work more closely with U.S. allies in confronting China on trade, and is seen as...

First ‘online-offline’ industrial exhibition to kick off Nov 13

LAHORE: The Pakistan Industrial Expo 2020 will be held here in Lahore from November 13 to 15, wherein Chinese products will be...

OPEC would miss ‘friend Trump’, wary of strains under Biden

LONDON/DUBAI: Key members of OPEC are wary that strains in the OPEC+ alliance could reemerge with Joe Biden as U.S. President, sources...

China signs contracts to buy commodities from Pakistan

ISLAMABAD: China’s State Development and Investment Corp (SDIC) has announced that it has signed procurement contracts with Pakistan and 15 other economies...