Business
Tesco chairman John Allan to quit after claims over behaviour
After eight years in the position, Mr. Allan will depart Tesco in June. He continued: "It is with regret
Business
Pakistan, Russia sign deal to boost economic cooperation
ISLAMABAD: To facilitate and lower the cost of trade between the two nations, Pakistan and Russia have inked a bilateral
Business
PKR nears record low in interbank after sliding 74 paise
The rupee dropped 74 paise in the interbank market on Wednesday, almost reaching an all-time low against the US dollar.
Business
SBP to settle importers’ payments in two days
Given that negative attitudes frequently have a snowball effect and create even more negativity, Cnergyico's campaign is extremely
Business
Petrol price up again, diesel left unchanged
KARACHI: The government finally announced the updated prices of petroleum goods in the wee hours of Wednesday, increasing the price
Business
Oil prices tick up on supply woes but Fed rate hike bets cap gains
Due to worries over supply, oil prices increased somewhat on Wednesday. However, investor fears that this could trigger a recession
Business
PKR nears record low in interbank after sliding 84 paise
The rupee dropped 84 paise in morning interbank trading on Wednesday, approaching an all-time low versus the US dollar. According
Business
Lahore chamber slams Shehbaz’s performance
LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) on Monday termed Prime Minister Shahbaz Sharif’s performance unsatisfactory and
Business
Oil prices steady on expectations Fed rate hike to curb fuel demand
Oil prices steadied on Tuesday after rising in the previous session on concerns that further United States interest rate hikes
Business
PKR loses Rs1.09 in interbank, close to all-time low
The PKR continued to depreciate on Tuesday, losing another Rs1.09 against the dollar during morning trade in the interbank
Business
Pakistan won’t default on debts despite floods, says Miftah
ISLAMABAD: Pakistan will “absolutely not” default on debt obligations despite catastrophic floods, the finance minister said on Sunday, signalling there
Business
Oil prices climb on weak dollar, supply concerns
Oil prices climbed on Monday as a weaker dollar and supply concerns ahead of the European Union embargo on Russian
Business
PKR slides by 96 paise in interbank
The rupee, which has been falling against the dollar since Sept 2, lost another 96 paise during morning trade in
Business
Stocks extend losses on unending rupee woes
KARACHI: The stock market remained under pressure throughout the session on Friday amidst sideways trading because of the investors’ concerns
Business
Banks sending dollars out via credit cards
KARACHI: As the daily dollar rate rises, banks have bought twice as much US currency and are sending it abroad
Business
Costly food, energy prices fuel weekly inflation
ISLAMABAD: The weekly inflation rate went down a little to 40.58 percent, mostly because of higher energy costs and
Business
Oil, food imports rise to $5bn in July-August
ISLAMIC CITY: The Pakistan Bureau of Statistics (PBS) said on Thursday that Pakistan's imports of food and oil
Business
Dollar steadies ahead of Fed, yuan breaks key level
On Friday, the dollar stayed close to its recent highs as Treasury yields rose on predictions that the US Federal
Business
Oil edges higher as market weighs weak demand, potential supply disruption
Oil prices edged higher on Thursday as the market balanced weak demand with supply disruption amid a looming rail stoppage
Business
Dollar on the front foot as eyes turn to Fed, yen back in reverse
The dollar held near recent peaks on Thursday as traders increased bets that the United States Federal Reserve will become