Oil falls 3pc as Covid-19 infections raise demand concerns

TOKYO: Oil fell 3% on Monday, extending last week’s losses as growing cases of COVID-19 in the United States and Europe raised...

‘It’ll be carnage’: British companies dread a Brexit border breakdown

SEVINGTON: Deal or no deal, British companies will have to confront a wall of bureaucracy that threatens chaos at the border if...

Dollar rises versus risky currencies as coronavirus surges, US stimulus hope fades

LONDON: The dollar gained on Monday, as surging coronavirus cases in Europe and the United States and a lack of progress on...

KP govt introduces e-Tendering, e-Bidding system in Public Health Engineering Dept

PESHAWAR: The Khyber Pakhtunkhwa (KP) government has introduced e-Tendering and e-Bidding system in the Public Health Engineering Department (PHED) for improving the...
Hammad Azhar

‘Pakistan undergoing two action plans at FATF’

ISLAMABAD: Federal Minister for Industries and Production Hammad Azhar has said that Pakistan is undergoing two action plans at the Financial Action...

Rs6bn to be spent for mitigating glacier flood risks

ISLAMABAD: Special Assistant to Prime Minister on Climate Change Malik Amin Aslam has said that under glacial lake outburst flood (GLOF) project,...

NAB continues raids on wheat godowns

SUKKUR: Various teams of National Accountability Bureau (NAB) Sukkur conducted raids at 15 government godowns in Kashmore for the second day on...

10 new IPOs at PSX on the cards: Asad Umar

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives, Asad Umar has said that a record 10 new IPOs are also being...

KP govt orders implementation of Crushing Power Act 2020 across province

PESHAWAR: The Khyber Pakhtunkhwa (KP) government has issued instructions to implement the Crushing Power Act 2020 across the province. Marble Mines and Industry...

Ant Group IPO pricing ‘history’s largest’, says Jack Ma

SHANGHAI: The mammoth dual listing for Chinese fintech giant Ant Group will be the world’s biggest, according to a pricing determined on...

Dubai unveils $136m stimulus

DUBAI: Dubai has anno­unced a new 500 million dirhams ($136.14m) stimulus package to support the local economy, taking Dubai’s total stimulus measures...

9M2020: Faysal Bank’s profit rises 24.6pc to Rs5.5bn

The Board of Directors of Faysal Bank Limited, in their 137th meeting held in Karachi, approved the bank’s unaudited condensed interim financial...

Samsung’s Lee: tainted titan who built a global tech giant dies at 83

SEOUL: Lee Kun-hee, who built Samsung Electronics 005930.KS into a global powerhouse in smartphones, semiconductors and televisions, died on Sunday after spending more...

UBG nominates presidential, SVP candidates for FPCCI election

LAHORE: The United Business Group (UBG), the largest alliance of chambers and trade associations in the country, has nominated Khalid Tawab from...

‘Wheat quota for Punjab flour mills increased to 20,000MT per day’

LAHORE: The Punjab Food Department has increased the quota of government wheat for flour mills from 17,500 to 20,000 metric tonnes per...