Dell, the onetime leader in personal computers and tech industry stalwart, said Monday it will become publicly traded five years after a contentious private equity buyout.
The caretaker cabinet of Khyber Pakhtunkhwa was Monday expanded with the induction of renowned ophthalmologist Prof Dr Muhammad Dawood took oath as caretaker health Miinister of Khyber Pakhtunkhwa Governor Khyber Pakhtunkhwa Engr Iqbal Zafar Jhagra admini
Ministry of Industries and Production (MoI&P) has reportedly expressed its reservations about the "caretaker" Chief Executive Officer (CEO) Engineering Development Board, Mirza Nasir Baig for not accepting the resignation of Muddasar Iqbal, a General Mana
The government on Monday notified grant of ad hoc relief allowance-2018 at the rate of 10 percent of basic pay to the civil employees of the federal government and the civilians being paid from defense estimates.
Caretaker Prime Minister former Justice Nasir-ul-Mulk Monday chaired a briefing on functions and achievements of National History & Literary Heritage (NH&LH) Division at Prime Minister's Office.
Caretaker Prime Minister former Justice Nasir-ul-Mulk on Monday paid homage to seasoned diplomat Ambassador Jamsheed Marker (retd) late for his services to build a soft image of Pakistan abroad.
Dozens of political workers and civil society activists on Monday staged a protest demonstration outside press club here against the unprecedented hike in prices of petroleum products and demanded of the caretaker government to reverse its decision immedi
Engineers of Pakistan would now be able to take their share in the world job market as International Professional Engineering Agreement (IPEA) has approved the authority of Pakistan Engineering Council (PEC) to award the title of International Professiona
The Telenor Pakistan Headquarter (HQ), 345, has been short-listed as one of the finalists for the prestigious World Architecture Festival Awards 2018 while competing with 17 other buildings across the globe.
Zubair Habib Chief, Citizens-Police Liaison Committee (CPLC) Sindh on Monday said that despite several arrests, no kidnapper has been convicted by the courts, due to ineffective implementation of witness protection program (WPP).
The high level of enthusiasm among the participants continued on the second day of the six-day long Young Leaders Conference (YLC), 2018. The founding partner English Biscuit Manufacturers (Private) Limited was also the sponsor of the second day of this p
Pakistan has gained "tremendous success" in combating terrorism in recent years, but stressed the need for more international cooperation to eliminate the hydra-headed scourge from across the world, Ambassador Maleeha Lodhi told the United Nations.
Millennium Confucius Classroom of Roots Millennium Schools, Pakistan participated in the 2018 Joint Conference of Partial Confucius Institute in Asia held in Colombo, Sri Lanka, providing a unique opportunity to Pakistanis to interact with a key instituti
Businessmen Panel (BMP) chairman Mian Anjum Nisar has said business community is facing hardships to get their issues resolved. He was speaking to a gathering arranged for caretaker ministers of Punjab, Sindh, KP and Balochistan nominated from BMP, a plat
Exhibition of wild animal/tiger in election campaign by the candidates of Pakistan Muslim League-Nawaz (PML-N) has been challenged before the Lahore High Court.
Punjab Minister for Information Ahmed Waqas Riaz has said that on the directions of the Punjab Chief Minister, more transfers and postings would be made in Punjab, soon. Ahmed Waqas Riaz said here on Monday that those who were posted against merit would b
General Secretary Pakistan Peoples Party (PPP), Syed Nayyar Hussain Bukhari strongly condemned the Pakistan Tehreek-e-Insaf (PTI) for treating harshly a boy for tearing a PTI candidate's banner. While talking to media persons on Monday, he said that tortu
The Pakistan People's Party (PPP) has removed four senior party office-bearers for violation of party discipline. Among those who have been removed included PPP South Punjab Secretary Information Shaukat Basra, Divisional President Multan Malik Nosher Lan
A group of qualified FCPS part-I candidates from different private medical colleges opposed the new criteria for induction in FCPS-II and demanded of the Post-Graduate Medical Institute (PGMI) to retain the old induction system, otherwise they will strong
Federal Ombudsperson for Protection against Harassment, Kashmala Tariq attends the reception at President House AJ&K and presented souvenir to the President AJ&K.
Regal Automobile Industries Limited hosted a ceremony at their plant in Lahore in which they have provided details about their upcoming vehicles Regal Automobile Industries Limited is Pakistan's third largest bike assembling company. We now present a plan
In the wake of holding free, fair and transparent upcoming general elections, caretaker Punjab government has de-notified all District Bait-ul-Maal Committees which were constituted by the Punjab Bait-ul-Maal Council under Section-5 (Sub Section-2) of the
Commissioner Lahore Division Dr Mujtaba Piracha has directed all District Monitoring Officers/DCs to continue crackdown against violations of code of conduct of election commission of Pakistan for upcoming General Elections 2018 and said to send also refe
Pakistan takes a leap forward in the development of the Data Science and Artificial Industry, as Information Technology University (ITU) Punjab is launching a Consortium for Applied Data Science on Thursday, at Arfa Software Technology Park, Lahore.
The caretaker Punjab Chief Minister Dr Hasan Askari Rizvi Monday said the interim government is ensuring implementation of electoral code of conduct issued by the Election Commission of Pakistan (ECP) while legal action will be initiated on any violation
Punjab Chief Minister Dr Hasan Askari Rizvi on Monday said that effective monitoring of healthcare programmes is every essential, as steps taken for the service of ailing humanity are required to be implemented in letter and spirit while the patients need
The Flood Warning Center has forecast urban flood in Rawalpindi, Faisalabad, Gujranwala, Lahore & Sargodha Divisions on 03rd and 04th July-2018. In its forecast, it said that River Kabul at Nowshera is in Low Flood Level and all the other major rivers are
Former Prime Minister Nawaz Sharif's daughter Maryam Nawaz has formally withdrawn her nomination papers from NA-125 constituency. On Monday, Maryam Nawaz's counsel Tanvir Zia Butt submitted a formal request to the Returning Officer (RO) for withdrawal of
A full bench of the Lahore High Court on Monday deferred till first week of September its decision against former interior minister Ahsan Iqbal in contempt of court proceedings after he tendered unconditional apology. Justice Syed Mazahar Ali Akbar Naqvi,
The Institute of Chartered Accountants of Pakistan (ICAP) on June 27, 2018 had the honor of Javaid Jahangir, the Auditor General of Pakistan (AGP) and his delegation attending the Accounting Standards Board (ASB) meeting. The meeting was attended by Riaz
Pakistan has huge potential in Information Technology and Bhutan will benefit from the experience and intend to have their students in the Information Technology University (ITU) Punjab under the South Asian Association for Regional Cooperation (SAARC), a
Connected Agriculture Platform Punjab (CAPP), launched by the provincial Agriculture department, is all about digitizing the small/landless farmer community to make them well connected, well aware, and in control of their farming workflow. Punjab governme
Pakistan Awami Tehreek Quaid Dr. Tahirul Qadri has said people are leaving Nawaz Sharif's party because of his anti-state agenda and anti judiciary and anti army narrative. In a statement Qadri challenged Nawaz Sharif to return and try to launch his elect
Terming the increase in POL prices as blackmailing to the trade, industry and masses, the Lahore Chamber of Commerce & Industry (LCCI) declared that this action would prove a blow to the economy.
Kohat Cement (PSX: KOHC) is one of the mid-tier cement manufacturers within the industry and has been in the business of manufacturing cement since 1980 when it was first incorporated. The company was incorporated as State Cement Company of Pakistan with
Kohat Cement (PSX: KOHC) is one of the mid-tier cement manufacturers within the industry and has been in the business of manufacturing cement since 1980 when it was first incorporated. The company was incorporated as State Cement Company of Pakistan with
The insect/disease-resistant and herbicide-tolerant genetically modified crops in Pakistan would help in reducing the crop losses as genetically modified (GM) crops are allowing farmers to grow more on current farmland, reflecting increased agricultural p
Senator Raza Rabbani Monday criticised the caretaker government for overstepping its mandate by agreeing to implement a plan given by Financial Action Task Force (FATF), saying it does not fall in the purview of an interim government.
The government should immediately take notice of the import of huge quantity of unregistered pesticides being used by unregistered manufacturers, causing serious problems for both the farmers as well as crops. Experts told Business Recorder here on
The Model Customs Collectorate (MCC) Port, Muhammad Bin Qasim, Karachi collected Rs 155 billion as customs duty against last year's collection of Rs 130 billion, registering a growth of 19.2 percent on year-on-year basis. The share of MCC Port Qasim is 25
ICE cotton futures fell over 1 percent on Monday to mark a six-week low as investors remained on the sidelines amid trade tensions between the United States, the world's biggest cotton exporter, and top consumer China. The most active cotton contract on I
Gold slipped more than 1 percent to its lowest in 6-1/2 months on Monday ahead of a US holiday, and platinum headed to its lowest in nearly 10 years as the greenback strengthened and an ongoing US-European Union trade spat pressured precious metals.
US corn and soyabean futures fell to within a few cents of contract lows on Monday on strong US crop prospects and on concerns that trade fights with key export partners would curb export demand. Wheat also fell as rising supplies from the US winter crop
Gold slipped back towards its lowest in more than six months on Monday as the currencies of key consumers weakened, making it more expensive for them to buy dollar-priced bullion.
Gold prices edged lower on Monday as the dollar firmed after last week's US inflation data supported the Federal Reserve's outlook for future interest rate increases. Spot gold was 0.3 percent lower at $1,248.98 an ounce as of 0644 GMT.
Raw sugar futures on ICE tumbled more than 5 percent on Monday, with the most-active contract taking its biggest one-day dive on heavy fund selling triggered by a fall below the key 12-cent level, while arabica coffee tapped a 4-1/2-year low.
Malaysian palm oil futures moved into positive territory on Monday evening, reversing losses as traders forecast declining monthly production in the world's second-largest producer. The market had fallen earlier in the session, tracking crude oil prices t
Benchmark Tokyo rubber futures fell on Monday, dragged by lingering worries about increasing stocks in consuming nations such as Japan and China, the world's biggest rubber buyer, brokers said. Tokyo Commodity Exchange (TOCOM) futures traded not far from
Oil futures fell Monday as supplies from Saudi Arabia and Russia rose while economic growth stumbled in Asia amid escalating trade disputes with the United States. A flurry of announcements over the weekend unsettled oil markets. Global benchmark Brent fe
Copper prices hit seven-month lows on Monday as the market priced in weaker demand in top consumer China, which is embroiled in the trade spat with the United States even as its manufacturing sector slows. Benchmark copper ended down 1.6 percent at $6,523
The Middle East crude benchmarks started July trading at lower premiums than the previous month with traders awaiting official selling prices from producers.
Iranian President Hassan Rouhani arrived in Switzerland on Monday at the start of European trip billed as of "prime importance" after the US pulled out of the 2015 nuclear deal between Tehran and world powers. The tour, which also includes a stop in Austr
The FBI announced Monday the arrest of a professed supporter of Al-Qaeda who was planning to target members of the US military and their families with a bomb attack on a July 4 parade in Cleveland, Ohio. The Federal Bureau of Investigation said Demetrius
Indian police said Monday they have arrested 23 people after five men were bludgeoned to death by a crazed mob in yet another horrific lynching to rock the country. Local media estimate more than 25 people have been killed in recent months in similar case
The United States remains determined to force Iran to change its behaviour by cutting its oil exports to zero, the State Department said Monday, despite resistance from importing countries. Brian Hook, the senior official leading negotiations with US alli
Twelve boys and their football coach trapped in a flooded Thai cave for nine days were found alive late Monday, sparking elation after days of painstaking searching by specialist divers through muddy waters and winding tunnels.
The UN envoy for Yemen was in Sanaa on Monday for talks with rebels aimed at finding a solution to fighting in the port city of Hodeida, which the insurgents hold. Martin Griffiths is set to meet with the Iran-allied Huthi rebels, who control the capital
Canadian Prime Minister Justin Trudeau has responded for the first time to an allegation of sexual misconduct dating back almost two decades, saying he does not recall any "negative interactions" on the day in question. The avowed feminist was asked on Su
British choreographer Gillian Lynne, who was best known for her work on the long-running musicals "Cats" and "Phantom of the Opera, has died aged 92, her husband said. Lynne died on Sunday at the Princess Grace Hospital in London.
Australia ended direct aid to the Palestinian Authority on Monday over fears it could be used to support people convicted of political violence. Canberra will halt the Aus$10 million ($7.5 million) per year it gave to the World Bank's trust fund for Pales
China is working on a super-powerful rocket that would be capable of delivering heavier payloads into low orbit than NASA, a leading Chinese space expert was quoted as saying Monday.
The United States said Monday it had cut funding to three Zimbabwean civil action groups citing "possible misuse" of money ahead of July 30 elections, the first vote since Robert Mugabe was ousted.
Israeli soldiers opened fire on four Palestinians who infiltrated from the Gaza Strip on Monday and sought to set an unmanned sniper post ablaze, killing one of them, the military said. "Troops spotted the infiltration, monitored the incident and pursued
Mexico entered a new political era Monday after anti-establishment leftist Andres Manuel Lopez Obrador won the presidency in a landslide, leaving a divided nation split between elation and worry - the latter reflected in market jitters.
Asian exporters lost momentum last month even before tariffs on US and Chinese goods kick in this week, pressuring regional factory activity in a worrying sign the Trump administration's "America First" protectionist policies could derail global growth.
The European Union has warned the United States that imposing import tariffs on cars and car parts would harm its own automotive industry and likely lead to counter-measures by its trading partners on $294 billion of US exports.
The US Chamber of Commerce, the nation's largest business lobbying group and customarily a close ally of President Donald Trump's Republican Party, is launching a campaign on Monday to oppose Trump's trade tariff policies.
US demand remains robust, helping to keep the manufacturing sector growing solidly in June but concerns about trade policies, rising prices and dwindling employment weighed on industry, according to an industry survey on Monday.
Libya's crucial oil exports from its production heartland ground to a halt Monday in a financial showdown between the country's rival political administrations.
Recent rainfalls in China's northeast region have provided relief to the parched fields after drought threatened to cut crop yields in one of the world's top corn producers. China's Ministry of Agriculture and Rural Affairs reduced its forecast for corn o
Chicago Board of Trade corn futures rose on Friday on technical buying and concerns that unfavorably hot weather will threaten the developing US crop, traders said. CBOT September corn ended up 5-1/4 cents at $3.59-1/2 a bushel, while new-crop December co
Coffee stocks in Brazil, the world's top producer and exporter, were at 9.82 million 60-kg bags at the end of the 2017/18 crop, 0.4 percent less than at the same time a year ago and the lowest level since 2012, according to a report on Thursday. A study p
On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,566. The traded value of Metals, Energy and COTS/FX was recorded at PKR2.125billion and the number of lots traded was 3,403. Major business was contributed by currencies t
Hike in petroleum prices likely to push rates of phutti cotton further up owing to an increase in cost of production, dealers said on the local market on Monday. The official spot rate gained Rs 100 to Rs 7,700, they added. Prices of seed cotton in Sindh
Euronext wheat futures jumped on Friday as traders reported that consultancy Strategie Grains had slashed its forecast for this year's French wheat harvest. December milling wheat, the most active position on Paris-based Euronext, settled 4.50 euros, or 2
Gold demand improved this week in India as prices fell to their lowest level in nearly three months, while demand elsewhere in Asia remained tepid as investors waited for prices to fall further. Gold futures in India were trading at around 30,419 rupees (
Benchmark northwest European gasoline refining margins fell on the back of muted demand and a sharp rise in crude prices. Barge activity was largely muted throughout the day with volatility on crude prices throughout the day keeping market participants on
Chicago Board of Trade soyabean futures dropped to their lowest prices in more than a week on Friday as the market gave up gains late in the trading session and ended lower for the week. Selling ahead of the weekend dragged down prices, after soyabean fut
ICE Canadian canola futures closed mostly lower on Friday pressured by a stronger Canadian dollar, which tends to make canola less competitive globally, traders said. A late-session slide in allied US soyaabean futures lent pressure. Statistics Canada est
Asia's naphtha crack rose on Friday to reach a two-week high of $78.13 a tonne supported by a string of demand this week. Apart from Taiwan's two key importers being out in the market this week, South Korea's Hanwha, KPIC, LG Chem, Japan's Idemitsu and Ch
Zarai Taraqiati Bank Limited essentially an agriculture bank of the country has gone through various economic phases and leadership eras during past five decades. It has seen many highs and lows and has come a long way since its inception in 1961. Its ear