Germany's scandal-hit auto giant Volkswagen on Tuesday suspended its chief lobbyist Thomas Steg as outrage mounted over monkey and human experiments to study the effects of diesel exhaust fumes. CEO Matthias Mueller said VW had "taken first consequences"

American companies in China are enjoying growing sales but are increasingly unsure of their welcome in the world's second largest economy, according to a survey released Tuesday. Three-quarters of US companies surveyed by the American Chamber of Commerce

US consumer confidence rebounded in January and house prices increased further in November, suggesting that a recent acceleration in consumer spending was likely to be sustained despite sluggish wage growth. Robust consumer confidence and rising household

Pfizer on Tuesday projected 2018 earnings above analyst expectations following US tax reform as it offset the hit from patent expirations with higher sales from other drugs. Excluding a one-time lift from US tax reform that boosted reported profit by more

Pfizer on Tuesday projected 2018 earnings above analyst expectations following US tax reform as it offset the hit from patent expirations with higher sales from other drugs. Excluding a one-time lift from US tax reform that boosted reported profit by more

McDonald's reported higher comparable sales in the final three months of the year in the US, China and other key markets, but earnings were dented by a one-time hit from US tax reform. Net income was $698.7 billion in the fourth quarter, down 41 percent f

McDonald's reported higher comparable sales in the final three months of the year in the US, China and other key markets, but earnings were dented by a one-time hit from US tax reform. Net income was $698.7 billion in the fourth quarter, down 41 percent f

Growth in the eurozone shot up in 2017, putting Europe at the centre of a global recovery and on par with levels last seen before the financial crisis a decade ago, official data said Tuesday. Europe's economic recovery roared on despite the uncertainty a

Bangladesh cricket authorities Tuesday sought an explanation from their Sri Lankan curator Gamini de Silva for preparing a slow wicket in Dhaka, where the hosts lost the tri-nation final against Sri Lanka. The islanders defeated much-fancied Bangladesh by

The Melbourne Cricket Ground, Australia's largest stadium, will host the women's World Twenty20 cricket final in 2020, organisers said Tuesday amid hopes the match will set a world record for attendance at a female sporting event. Both the men's and women

The Wanderers Stadium pitch used for the third Test between South Africa and India last week has been rated "poor" by match referee Andy Pycroft. The International Cricket Council announced on Tuesday that as a result of Pycroft's rating, the Wanderers ha

The International Olympic Committee said Tuesday it was "very concerned" about a possible glitch in the drug-testing kits to be used at the Winter Olympics opening in less than two weeks' time. The World Anti-Doping Agency (WADA) has already launched an i

Russian President Vladimir Putin on Tuesday said the whistleblower at the source of doping allegations Grigory Rodchenkov was an "idiot" who should not be trusted, though admitting there have been "instances" of doping use. "They've got this idiot Rodchen

Separatists in war-ravaged Yemen have seized all but one district of the government's de facto capital Aden, also laying siege to the isolated presidential palace on the city's southern outskirts on Tuesday. Global charity Save the Children said it was su

Saudi Arabia's attorney general said on Tuesday $107 billion has been recovered so far in a major crackdown on high-level corruption and that 56 suspects were still being investigated.

North Korea has taken fresh strides in its nuclear missile program but has not shown all the technologies needed to strike America, a US general said Tuesday, as another top official warned such a capability is just months away.

A Spanish village on Tuesday declared a day of mourning following the death of a retired farmer billed as "the world's oldest man", who passed away just over a month after turning 113. Francisco Nunez Olivera, who was 10 years old when World War I broke o

The United States now ranks as the world's second largest contributor to financial secrecy, enabling money laundering, corruption and tax evasion to an increasing degree, according an index published Tuesday. As the "global capital of bank secrecy," Switz

Turkish air strikes pounded the Syrian border region of Afrin and fighting raged on two fronts as Ankara pursued its offensive against the Kurdish enclave on Tuesday. A monitoring group and Kurdish sources said Turkey's air force had stepped up its raids

Russia on Tuesday hosted a showpiece congress aimed at bringing Syria's seven-year war to an end, but hopes were low after rebels pulled out at the last minute following boycotts by the main opposition and Kurds. Regime-backer Moscow says it invited 1,600

A delegation of US diplomats had to cut short an event in the Palestinian city of Bethlehem on Tuesday, an attendee said, after protesters stormed their meeting. The angry protesters, who were objecting to US President Donald Trump's controversial recogni

The US-led NATO mission in Afghanistan admitted Tuesday it had mistakenly classified data on the Taliban that had been public, citing "a human error in labeling," and said it would no longer withhold the information. The acknowledgment came after the US g

Base metals prices fell across the board on Tuesday due to a strengthening dollar, as investors waited for positive signals about infrastructure building in US President Donald Trump's State of the Union address later in the day.

Nickel came off two-year highs on Tuesday as investors booked profits from a rally that was supported by a low dollar and an improving demand and supply outlook. Benchmark LME nickel ended 3.3 percent lower at $13,350 ounces. The metal, which is also used

Opec member Libya's ability to rebuild its oil output will be hindered by constraints on National Oil Corporation's (NOC) budget, the NOC chief said on Tuesday, saying he feared attempts to use the budget to control the state oil company. NOC received onl

Oil prices fell for a second day on Tuesday, driven by ongoing evidence of rising US crude output, while wary investors sold off stocks, bonds and commodities. Brent crude futures were down 65 cents, or 0.9 percent, at $68.81 a barrel at 12:52 p.m. EST (1

Benchmark Tokyo rubber futures on Tuesday extended declines to hit a two-month low, as the market came under pressure from a strong yen against the dollar and weak Shanghai prices, brokers said. Against the yen, the dollar eased 0.2 percent to 108.78 yen,

The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT:

The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT:

Malaysian palm oil futures fell more than 1 percent late on Tuesday, charting a third session of losses in four, as they tracked losses in related edible oils. Palm oil prices are affected by performances in other oils as they compete for a share in the g

New York cocoa futures on ICE rose on Tuesday, supported by a weaker dollar, while raw sugar prices also edged higher. March New York cocoa was up $39, or 2 percent, at $1,985 a tonne by 1416 GMT, after climbing to $1,986. March London cocoa was up 13 pou

Gold prices fell on Monday as a recovery in the US dollar and rising government bond yields prompted investors to cash in bullion after its sixth weekly price rise in seven weeks. "We're seeing gold under pressure because the global bond yields are up acr

Gold fell for a second straight session on Tuesday, hitting its lowest in a week, as the dollar strengthened and US bond yields rose, while traders awaited a US Federal Reserve policy meeting for cues on interest rate hikes this year. Spot gold was down 0

Gold recovered from a one-week low on Tuesday as the dollar reversed gains and bond yields came off highs, but short-term risks were to the downside as traders awaited news on US monetary policy and jobs data. US Treasury yields - the benchmark for world

US winter wheat futures surged to the highest level in at least four months on Tuesday, led by a more than 3 percent rally in hard red winter wheat, after the government slashed condition ratings for the drought-hit US Plains crop. Soyabeans and corn also

Gold slipped back to a one-week low on Tuesday as markets braced for US President Donald Trump's annual State of the Union address and news on US monetary policy. The speech and policy news will come amid positive consumer data and continuing fallout from

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has stressed the need for introducing business-friendly policy instead of over-burdening the business community. Giving his reaction on the recently announced monitory policy under which int

The French mountaineer who was saved in a daring night-time rescue on a peak nicknamed "killer mountain" flew home Tuesday, vowing to come back to scale other mountains. Elisabeth Revol was rescued by an elite group of Polish climbers who scaled part of t

Pakistan Standard and Quality Control Authority (PSQCA) on Tuesday claimed to have seized a cooking oil and ghee unit situated at Port Qasim Authority Karachi. A PSQCA spokesman said team raided Universal Edible Oil Mills and found on the spot sub-standar

Turkish Minister for Health Dr Ahmet Dermican will undertake tour of Punjab in March on the invitation of Chief Minister Muhammad Shahbaz Sharif. It was informed by the Punjab Minister for Primary & Secondary Health, Khawaja Imran Nazir after meeting the

Thomas Drew, British High Commissioner called on the Chairman Pakistan Peoples Party Bilawal Bhutto Zardari at Zardari House on Tuesday. The High Commissioner exchanged views about the matters of mutual interests with the PPP Chairman, said a press releas

Islamabad police and Karachi police on Tuesday jointly raided a house located in Sector F-10/4 in search of former Senior Superintendent of Police Rao Anwar, who is wanted to police in connection with extrajudicial killing of Naseemullah alias Naqeebullah

The Punjab Provincial Development Working Party has approved Rs 5400 million for two mega projects of Health department to control spread of diseases and provide better medical facilities to the people. These schemes were approved in the PPDWP's 49th meet

More than 30 technology leaders gathered at the inaugural Digital Transformation event hosted by VMware Inc, a global leader in cloud infrastructure and business mobility, and the US Consulate General Karachi for an evening of awards and networking. Leade

Linde Pakistan Limited (PSX: LINDE) was incorporated as a private limited company in 1949 and converted into a public limited company in 1958 when it was listed at the stock exchange as Pakistan Oxygen Limited. In 1995, it was renamed as BOC Pakistan. BOC

Linde Pakistan Limited (PSX: LINDE) was incorporated as a private limited company in 1949 and converted into a public limited company in 1958 when it was listed at the stock exchange as Pakistan Oxygen Limited. In 1995, it was renamed as BOC Pakistan. BOC

Deadly seasonal influenza on Tuesday claimed three more lives in Multan, escalating the death toll to 44 in the city. The deceased include two women and one man. All of them were under-treatment in Nishtar hospital. The latest deaths have taken the toll t

Free diagnostic programme for industrial workers and their families will be launched within next couple of days, said Zubair Ahmad Director Ministry of National Health Services, Regulation and Coordination (MONHSRC). He was addressing a ceremony in which

PEPCO held a detailed review of the performance of all Distribution Companies during the month of December 2017. The progress of implementation of the development schemes under the Phase-I of the Sustainable Development Goals was satisfactory. Despite ver

The Lahore High Court on Tuesday sought replies from federal government and ministry of privatisation within three weeks in response to a petition challenging the proposed privatisation of Pakistan International Airline (PIA). The court directed a law off

Fauji Fertilizer Company (FFC) has announced financial results for the year 2017 with net profit of Rs 10.71 billion translating into EPS of Rs 8.42. Company declared dividend of Rs 3.00 per share for the quarter thus aggregating Rs 7.00 per share for the

Fauji Fertilizer Company (FFC) has announced financial results for the year 2017 with net profit of Rs 10.71 billion translating into EPS of Rs 8.42. Company declared dividend of Rs 3.00 per share for the quarter thus aggregating Rs 7.00 per share for the

Chairman Pakistan Peoples Party Bilawal Bhutto Zardari has expressed his deep concern over the sheer negligence of Khyber-Pakhtunkhwa government and its police in ferreting out the real culprits in medical student Asma's murder and other cases of heinous

Punjab College of Commerce, a subsidiary Campus of University of Central Punjab Lahore organized its 2nd Convocation at local hotel in which degrees were awarded to 300 M.Com and ADP graduates. Provincial Minister Finance, Ayesha Ghaus Pasha graced the oc

Punjab Higher Education Minister Syed Raza Ali Gillani on Tuesday constituted a five-member committee to resolve an issue of promotion of teachers immediately and it will submit its report in one week. During a meeting held here to review the performance

Punjab Law Minister Rana Sanaullah said on Tuesday that after 24 hours the 'politics of resignation' will have no meaning. He was reference to Awami Muslim League leader Sheikh Rasheed's announcement to give his resignation from the National Assembly. Tal

Business Registration Portal developed by the Punjab Information Technology Board (PITB) is being inaugurated at Lahore Chamber of Commerce and Industries on Wednesday (today). The portal will provide online solution to execute all business processes in a

Punjab government on Tuesday admitted that seventy percent seats in public sector colleges and universities are vacant. Opposition and Treasury benches criticized government for not providing basic facilities in public sector educational institutes during

Punjab Chief Minister Shahbaz Sharif on Tuesday said they have laid the strong foundation of an illuminating Pakistan. "When we came into power, the energy crisis was at its peak and the country was plunged into darkness and the nation was in a state of d

Provincial president PPP, Khyber Pakhtunkhwa Muhammad Humayun Khan has flayed the failure of police to arrest the accused persons in different violent incidents in Mardan, Kohat, Dera Ismail Khan and asked the provincial government to arrest the culprits

Secretary Planning, Development and Reforms, Shoaib Ahmed Siddiqui has said that security and unavailability of contractors is the main issue behind slow pace of development projects in Balochistan. The secretary Planning, Development and Reforms told thi

National Accountability Bureau (NAB) has transferred Director General NAB Balochistan, Irfan Naeem Mangi and posted him as DG NAB Rawalpindi. According to the notification issued by NAB, Mangi replaced DG NAB Rawalpindi Nasir Iqbal. Iqbal has been posted

Criticizing the lackluster performance of KPK police in probing the rape and murder of a girl Asma in Mardan, the Supreme Court Tuesday asked the police officials to submit comprehensive report by February 06. Taking up a suo motu notice in the matter, a

Special Assistant to Prime Minister on Revenue/Federal Minister Haroon Akhtar Khan has said the government is committed to protecting and promoting the local industry "as the strength of our manufacturing base would determine the pace of growth, creation

Senate Standing Committee on Overseas Pakistanis was informed on Tuesday that employees of Workers Welfare Board (WWB) Khyber Pakhtunkhwa are not getting their salaries in time and this is also affecting the study of students. A meeting of the committee w

A three-day special anti-polio campaign will begin from Wednesday (today) in three districts of Khyber Pakhtunkhwa, including children of Afghan refugees under the age of five to be administered polio drops in their camps. This was decided in a meeting he

Punjab Chief Minister Shahbaz Sharif is not feeling well due to fever and flu. The doctors have advised Shahbaz Sharif to take three days rest, the sources said, adding: "The Chief Minister Shahbaz Sharif has postponed his engagements due to illness."

Pakistan Electronic Media Regulatory Authority (PEMRA) Tuesday issued a notice carrying directions from Islamabad High Court, to all satellite TV channels for regulation of morning shows' contents. The notice stated, "There are serious complaints which [a

Federal Minister for Education and Professional Training, Muhammad Baligh-Ur-Rehman has said that education is a basic need for peace and development. Rehman was addressing the two-day international conference on the "Role of Muslims in the Contemporary W

HBL opened its branch in Gwadar Free Zone on Monday, making it the only bank to have a branch in Gwadar as well as China. With the launch of branch, HBL has achieved the monumental milestone of becoming the first branch to be opened in the new business ce

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has said that the government should take immediate measures to remove barriers for women, seeking skills and opportunities; Entrepreneurship Development Institute should be

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has said that the government should take immediate measures to remove barriers for women, seeking skills and opportunities; Entrepreneurship Development Institute should be

Mauritian High Commissioner Rashid Soobadar has advised the Pakistani business and industrial community to look into the opportunity of enhancing trade in Africa and venture into this huge continent via Mauritius that can be used as a platform to efficien

The Met Office on Tuesday predicted isolated rain-thunderstorm and snowfall for the most parts of upcountry mountainous region in the next 24 hours. The isolated rainy spell is expected in Malakand, Hazara, Peshawar, Mardan, Kohat, Quetta, Zhob, Sargodha

The complete lunar eclipse, which is also known as a Blood Moon, will take place on Wednesday, January 31 at 5:52 pm in Pakistan. The first astronomical event of 2018 will be visible at the moonrise time across the country starting as a partial eclipse at

Sindh Chief Minister Syed Murad Ali Shah launched the European Union (EU)-funded 'Programme for Improved Nutrition in Sindh (PINS)' here on Tuesday. Primary focus of the programme is sustainable improvement in the nutritional status of children under five

President of Korangi Association of Trade and Industry (KATI), Tariq Malik, has said that the planned Malir Expressway would help reduce city's traffic pressure. Welcoming the approval of the Malir Expressway by Sindh Government, he said, it was a long-aw

Vice Chancellor Sindh University Professor Dr Fateh Muhammad Burfat has said that a strong natural longing for peace runs in the blood of people of Pakistan due to centuries-long teachings and influence of Sufi saints, adding that attitude-patterns and be

Directorate General Customs Valuation (DGCV) has revised the customs values of different types of papers under section 25(7) of the Customs Act, 1969. According to details, the customs values of grease proof paper, glazed tracing paper and glassine paper

The Hub Power Company Limited has collaborated with Al Baseer Hospital to hold free eye camp for the residents of Hub and Lasbella District. The camp is expected to cater to 1,500 patients and carry out 150 surgeries along with free medicines. The largest

"I have always marveled at Mian sahib's selections? I mean he takes time and energy and invests in that person and gets him ready..."

The President, Pakistan Peoples Party Parliamentarians Asif Ali Zardari and Chairman, Pakistan Peoples Party, Bilawal Bhutto Zardari has constituted the following Parliamentary Board for Senate Elections - 2018. The Members are Asif Ali Zardari, Bilawal B

The National Technology Council (NTC) has started registration of graduate and professional engineering technologists. NTC is a newly established accreditation council established by Higher Education Commission to monitor and accredit diversified technolo

Patron-in-chief of ex-Servicemen Society, General Faiz Ali Chishti (retd) and Shaikh Naveed Ahmed called on Pakistan Muslim League (PML) leader Chaudhry Parvez Elahi at his residence here Tuesday and discussed matters pertaining to current situation in th

Basheer A. Chowdry, Chairman, NBFI & Modaraba Association of Pakistan has been appointed as Chairman of FPCCI Standing Committee on "NBFI & Modarabas" for the year 2018. He is a seasoned banker having a rich and diverse experience of international, domest

As many as 58 blind persons who had applied for employment in different departments of the province but could not get jobs have approached the Sindh High Court (SHC) seeking implementation of five per cent disabled persons' quota in all government offices

The Sindh High Court (SHC) on Tuesday directed the sugar mills owners to purchase sugarcane from the growers at the price of Rs 160 per 40 kilograms. A division bench headed by Justice Aqeel Ahmed Abbasi was hearing the matter pertaining to the fixation a

Annual "Khatam Sharif" of the parents of Dr Zahid Masood, Khalid Masood, Abid Masood Secretary General Faisalabad Chamber of Commerce and Industry (FCCI), Sajid Masood and Rashid Masood was held at their residence in People's Colony No 2 here on Tuesday.

Chief Executive Officer PESCO, Engineer Shabir Ahmad has directed the technical staff to adopt all precautionary measures to avoid electrocution and electric shocks for their own safety. He directed them to ensure the safety measures with letter and spiri

Modern and updated breast cancer screening machines imported from United Kingdom (UK) are in process of being installed at the government hospitals of Thatta, Badin, Mithi, Kotri and Sehwan. Provincial health minister, Dr Sikandar Mahendero talking to APP

In order to take concerted efforts for conservation of marine turtles, the Northern Indian Ocean Marine Turtle Task Force (NIO-MTTF)established by the CMS IOSEA Marine Turtle MOU, held its second meeting hosted by the Department of Wildlife Conservation,

A city magistrate on Tuesday extended judicial remand of a Czech model Tereza Hluskova for seven days involved in smuggling 9 kilograms of heroin. As per details, the 21-year-old Tereza was attempting to smuggle 9 kilograms of heroin from Lahore to Abu Dh

Inspector General of Police (IGP) Islamabad Dr Sultan Azam Temuri said that education is vital for success in life as it polishes the skills to groom and ensure a bright future. It was stated by him while speaking here to the children of those police offi

The Supreme Court Tuesday imposed a fine on the Punjab government for failing to submit a report regarding the scale of water utilisation from a pond Katas Raj temple through sub-soil wells by nearby cement factories in a suo motu case. A three-member ben

Pakistan Ambassador to the United States Aizaz Chaudhry on Tuesday said that certain miscreants who destroyed peace in Karachi are now running campaigns demanding the city's separation using foreign funding. In a TV interview, the ambassador said that the

For distribution of free-of-cost high value varieties of date plants and seedless Kinnow on subsidized rates in the province, the Punjab Agriculture Department has launched a five-year project worth Rs 780 million. According to implementation status of th

The Sindh High Court (SHC) on Tuesday sought comments from ministry of interior, home secretary and others on a petition of feudal lords challenging the federal government's notification that suspended all prohibited bore arms licenses and sought permissi

BASF joined the World Plastics Council (WPC), a global organization of key leaders in the plastics industry. The WPC promotes industry topics of global relevance like the responsible use of plastics, efficient waste management and solutions to marine litt

Sindh Police has failed to ascertain the whereabouts of former SSP Malir Rao Anwar, a prime accused of extra-judicially killing of Naqeebullah Mehsud, despite the lapse of the Supreme Court's deadline. Naqeeb was a youth from South Waziristan who was livi

The country's leading rice exporters have welcomed the completion of Lyari Expressway. Rafique Suleman, Senior Vice Chairman Rice Exporters Association of Pakistan (REAP) and Abdul Rahim Janoo, Ex-Chairman REAP while talking to media persons expressed the