Business

EU seeks rivals’ feedback on Facebook, WhatsApp deal

BRUSSELS: EU antitrust regulators are asking Facebook's rivals and telecoms operators whether the world No.… Read More

Iran agrees to supply gas to Oman in-between Pakistan’s delay

KARACHI: Oman and Iran has signed an agreement under which Tehran will supply natural gas… Read More

Samsung Heavy to absorb Samsung Engineering for $2.5 billion

SEOUL: Samsung Heavy Industries will absorb Samsung Engineering for about $2.5 billion, the latest step… Read More

Several Swiss banks pull out of U.S. tax program: paper

ZURICH: At least 10 Swiss banks have withdrawn from a U.S. program aimed at settling… Read More

Alibaba aims to launch share sale in early September

HONG KONG: Chinese e-commerce company Alibaba Group Holding Ltd is planning to launch its New… Read More

WB approves $47.95mn to overcome malnutrition in Sindh, Balochistan

KARACHI: The World Bank (WB) on Friday approved $47.95 million to help Pakistan’s government improve… Read More

POL prices likely to reduce in September

KARACHI: The Oil and Gas Regulatory Authority (OGRA) has sent the summary to Ministry of… Read More

KSE 100-Index remains lower, loses 36 points

KARACHI: The Karachi Stock Market on Thursday bounced back with the news of positive progress… Read More

Nepra to review K-Electric’s plea for tariff cut

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has decided to hold public hearing for several… Read More

Ebola causing huge damage to West Africa economies: development bank

FREETOWN: Ebola is causing enormous damage to West African economies, draining budgetary resources and slashing… Read More

FBR collects tax of Rs.142bn till August 26

ISLAMABAD: Despite of on-going sit-ins in the federal capital, FBR's tax collection remained on track,… Read More

KSE-100 downs for third consecutive day

KARACHI: The Karachi Stock Market remained under stress lowering down by 432.24 points today, recording… Read More

KSE 100-Index slumps by 627 points during last two days

 KARACHI: The negative trend in the Karachi Stock Exchanged remain continued for the second consecutive… Read More

KSE 100- Index witnesses massive decline of 352 points

KARACHI: Deadlock in political negotiations and aggressive statements from leaders deeply harmed the Karachi Stock… Read More

Government releases fourth bailout tranche to PSM

ISLAMABAD: Pakistan Steel Mills (PSM) has received the fourth tranche worth Rs. 2.87 billion of… Read More

Burger King in talks to buy Tim Hortons

The deal is not yet complete, and the person could not speak to the possible… Read More

Roche to buy U.S. biotech firm InterMune for $8.3 billion

LONDON/ZURICH: Roche Holding AG has agreed to buy U.S. biotech company InterMune Inc for $8.3… Read More

Europe fears deflation as Ukraine stays center-stage

ROME: The euro zone's growing fears of deflation will be stirred again on Friday when preliminary… Read More

Trade Deficit reduces by 16.58pc during July 14

ISLAMABAD: Reduction in the imports has contracted the trade deficit of the country by 16.58… Read More

NEPRA to review CCPA’s plea for price hike on Aug 26

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has scheduled a public hearing on August 26… Read More