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CDWP approves over Rs365 billion projects

ISLAMABAD: Central Development Working Party (CDWp) on Monday approved 34 projects worth 365.492 billion rupees; whereas 5 projects worth 333.179 billion rupees were referred...

Disney to buy Fox film, TV businesses for $52 billion

Walt Disney on Thursday agreed to buy film, TV and international assets from Rupert Murdoch’s Twenty-First Century Fox for $52.4 billion as Disney seeks...

Toshiba gains breathing room with $5.4 billion share issue to overseas investors

TOKYO/HONG KONG: Toshiba planned $5.4 billion new share issue to overseas investors is set to provide it with most of the funds it needs...

SBP issues fresh banknotes worth Rs168 billion on Eid-ul-Azha 2017

KARACHI: The State Bank of Pakistan issued fresh bank notes of Rs168 billion on the occasion of Eid-ul-Azha 2017. To meet the increasing demand for fresh...

Facebook says it has hit two billion user mark

Facebook two billion users mark:  Facebook said Tuesday its ranks of monthly active users had hit two billion users the meaning more than a...

Apple issues $1 billion green bond after Trump’s Paris climate exit

Apple offered a $1 billion bond dedicated to financing clean energy and environmental projects on Tuesday, the first corporate green bond offered since President...

Tycoon as president: Donald Trump’s conflicts of interest

WASHINGTON: Head of a business empire and now US president: by combining these two roles, billionaire Donald Trump could face conflicts of interest of...

Saudi Arabia to save $7 bn from energy reforms: report

RIYADH: Saudi Arabia is expected to save $7 billion a year after it introduced unprecedented energy price rises in a bid to offset the low cost of oil, a report said on Wednesday.

Cyber crime costs global economy $445 billion a year: report

LONDON: Cyber crime costs the global economy about $445 billion every year, with the damage to business from the theft of intellectual property exceeding the $160 billion...
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