Business & Economy

ISLAMABAD, Oct 4 (APP): Pakistan Railways was planning to procure as many as 25 diesel electric locomotives for various shunting points across the country which would help to replace outdated locomotives, to be scrapped very soon. The project for the procurement and manufacturing of 25 […]

ISLAMABAD, Oct 2 (APP): The porters working at different railway stations across the country have demanded of the government to pay them compensation as the train service suspended due to recent torrential rains and flood. “We are unable to feed our families due to train […]

BEIJING 30 Sep (Online): Chinese regulators have approved the country’s first domestically produced large passenger jet, local media said, with Beijing hoping the plane will challenge foreign models such as the Boeing 737 MAX and Airbus A320. The C919 narrow-body jet, built by state-owned Commercial […]

ISLAMABAD, Sep 30 (APP):Prime Minister Shehbaz Sharif Friday said Pakistan was desirous of Japanese investment in the projects of solar energy, cleaning drinking water and treatment, and drainage of waste water and materials. The prime minister expressed these views while talking to a delegation of […]

PESHAWAR, September 30 (ONLINE): Muhammad Ishaq, the newly elected president of Sarhad Chamber of Commerce and Industry (SCCI), demanded of the federal and provincial governments to announce a special relief package for flood hit business community of Khyber Pakhtunkhwa. Instead of putting additional burden on […]

ISLAMABAD, Sep 30 (APP): Federal Minister for Board of Investment and Special Initiatives Chaudhry Salik Hussain on Friday said that the MoU between the Board of Investment (BOI) and Japan External Trade Organization (JETRO) would realize the joint vision of enhancing investment cooperation between the […]

Oslo, Sept 30 (AFP/APP): Norway’s prime minister said Friday the country, which has become Europe’s biggest supplier of natural gas, had accepted military contributions from France, Germany and Britain to secure its oil and gas sector. “We are in discussions with our allies to increase […]

ISLAMABAD 29 Sep (Online): The Asian Development Bank will approve funding of over $2 billion to support Pakistan’s post-flood relief and resilience activities by end of the current year, ADB Director General for Central and West Asia Eugene Zhukov told a virtual press conference from […]

Zurich, Sept 29 (AFP/APP): Swiss luxury chocolatier Lindt & Sprungli has won its case against the local branch of budget supermarket chain Lidl over its similar-looking Easter bunnies, according to a court decision published Thursday. The Federal Supreme Court of Switzerland ruled that Lindt’s chocolate […]

London, Sept 28 (AFP/APP): The Bank of England stepped in Wednesday to shore up market confidence after the International Monetary Fund criticized Britain’s inflation-fighting budget. Reacting to markets turmoil, the BoE announced it was temporarily buying up long-dated UK government bonds “to restore orderly market […]