ISLAMABAD: Intelligence and law enforcement agencies have initiated a major operation to combat gold smuggling and the “gold mafia,” The News reported on Friday. According to sources, a...
Traders boosted bets for a European Central Bank (ECB) rate hike this week, sending Italy’s 10-year bond yield to a six-month high after a Reuters report that the...
KARACHI: Pakistan International Airlines (PIA) is on the verge of collapse as a top official of the national flag carrier has warned that flight operations are...
KARACHI: The operations of Pakistan International Airlines (PIA) were severely affected due shortage of funds with a number of domestic and international flights being cancelled, sources...
KARACHI: The workers’ remittances to Pakistan steeply declined by 22% in July-August as the expatriate workers chose informal channels to send funds amid a widening gap between...
ISLAMABAD: Amid increasing petrol prices in Pakistan, a new start-up company has announced that it would manufacture 8,000 electric motorcycles ranging up to Rs450,000 in the country, The News reported...
After Daniel Zhang, the former CEO of China’s Alibaba Group, abruptly left the company’s cloud computing division on Monday, the company’s Hong Kong-listed shares dropped more...
A delegation of the World Bank on Thursday called on caretaker Minister for Information Technology and Telecommunication Dr Umar Saif in Islamabad. Matters of mutual interest,...
KARACHI: Former chairman of the Federal Board of Revenue (FBR) Shabbar Zaidi on Thursday insisted that the discontinuation of Rs5,000 note and curbs on the physical...
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed increasing the petroleum dealers’ and oil marketing companies’ (OMCs) margins from Sept 15 in four...