Goldman Sachs said it expected the squeeze in lira offshore liquidity and volatility to hit Turkey's domestic economy which could put at risk the investment bank's forecast for a 2.5 percent contraction in 2019 gross domestic product.
Sales for Germany's vital car sector fell in March, data from the VDA industry federation showed Tuesday, but a look across the whole first quarter showed steady performance. Some 345,600 cars were licensed on the country's roads last month, the VDA said,
Major automakers reported a drop in first-quarter US auto sales on Tuesday but expressed confidence in the market despite downcast 2019 predictions from some industry watchers. General Motors, the biggest US automaker, sold 665,840 vehicles in the first t
Sales of big-ticket US manufactured goods sank unexpectedly in February, with a sharp drop in aircraft sales, and weakness in key sectors like autos and industrial equipment, the government reported Tuesday. The sudden dip, which came with a downward revi
British construction activity slowed slightly for the second month in a row in March, as businesses continued to postpone major building projects due to Brexit uncertainty, an industry survey showed on Tuesday.
Economic growth in the Western Balkans accelerated to 3.8 percent in 2018, but is vulnerable to "growing external and domestic risks," including geopolitical disputes and lagging reforms, the World Bank said Tuesday.
The EU's powerful anti-trust authority on Tuesday said a tax break from Britain for unnamed multinationals was illegal under state aid rules, firing a shot at London amid Brexit chaos. The European Commission gave no indication of the amount of money to b
The launch for this year's cricket World Cup in England will take place on The Mall in central London, organisers hoping for a 4,000 sell-out crowd said on Tuesday.
Tottenham throw open the doors of their new 62,000-capacity stadium on Wednesday, hoping it will give them the financial firepower to compete with the Premier League and European elite.
Terming the series against Australia as disappointing, Pakistan's cricket team head coach Micky Arthur Tuesday said that the 5-0 loss against Australia was "incredibly hard." However, Arthur accounted the poor performance to the lack of key players in the
The organisers of the world's six biggest marathons and the new international anti-doping body announced on Tuesday a new programme to finance the fight against the practice. World Marathon Majors (WMM), which organises events in London, New York, Chicago
Mick Schumacher followed in his famous father's footsteps on Tuesday as he completed 56 laps at the wheel of a Ferrari during a Formula One testing session in Bahrain. The 20-year-old son of seven-time world champion Michael Schumacher got his first full
Pakistani cricketer Umar Akmal's dancing skills off the pitch have landed him in trouble as the maverick middle-order batsman was fined 20 percent of his match fee for a night out in Dubai. The 28-year-old talented yet undisciplined player was in the Unit
Former Germany international Inka Grings is out to rewrite the history books after becoming the first female coach to take charge of a men's fourth-tier club. Grings, 40, was announced this week as new head coach of SV Straelen, who are fighting to avoid
Peshawar lifted the trophy after defeating strong Hazara in final of the Khyber Pakhtunkhwa Inter-Divisional Basketball Championship played here at Qayyum Sports Complex on Tuesday. Teams from Dera Ismail Khan, Bannu, Kohat, Mardan, Hazara, Malakand and P
It gives me immense pleasure to note that the Security Organizing System Pakistan (Pvt) Ltd (SOS Pakistan) has completed 25 years of its excellent working. The SOS Pakistan today, is one of the leading security services company complementing public sector
The SOS Pakistan was established on 20th March 1994 with its registered office at Multan. Starting from this South Punjab city of Pakistan with a modest group of only one dozen security guards, the SOS Pakistan has a vast network today ranging from Khyber
Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Three soldiers of the Pakistan Army were martyred and one wounded as Indian forces resorted to unprovoked firing early Tuesday morning at Rawalakot Sector's Rakhchakri area, the military's media wing, Inter-Services Public Relations (ISPR), said. "Three b
Three soldiers of the Pakistan Army were martyred and one wounded as Indian forces resorted to unprovoked firing early Tuesday morning at Rawalakot Sector's Rakhchakri area, the military's media wing, Inter-Services Public Relations (ISPR), said. "Three b
Sindh High Court (SHC) on Tuesday turned down the pleas of former President Asif Ali Zardari, Fayral Talpur and others against the transfer of money-laundering case to accountability court, Islamabad. Asif Ali Zardari, Faryal Talpur, Anwar Majeed, Abdul G
Sindh High Court (SHC) on Tuesday turned down the pleas of former President Asif Ali Zardari, Fayral Talpur and others against the transfer of money-laundering case to accountability court, Islamabad. Asif Ali Zardari, Faryal Talpur, Anwar Majeed, Abdul G
The Federal Investigation Agency (FIA) has arrested Chief Financial Officer (CFO) of Omni Group Arif Khan, one of the main accused in fake bank accounts case, through Interpol in Dubai. The FIA sources said that the agency would extradite Arif Khan to Pak
The Federal Investigation Agency (FIA) has arrested Chief Financial Officer (CFO) of Omni Group Arif Khan, one of the main accused in fake bank accounts case, through Interpol in Dubai. The FIA sources said that the agency would extradite Arif Khan to Pak
National Accountability Bureau (NAB) has further tightened the noose around former Prime Minister Shahid Khaqan Abbasi by starting investigation against him in connection with import of 34 bulletproof cars from Germany for SAARC conference, besides probin
National Accountability Bureau (NAB) has further tightened the noose around former Prime Minister Shahid Khaqan Abbasi by starting investigation against him in connection with import of 34 bulletproof cars from Germany for SAARC conference, besides probin
The federal cabinet Tuesday allowed export of one million tonnes of wheat and decided to rename Statistics Division as Social Protection and Poverty Alleviation Division and placed it under the administrative control of Ministry of Planning, Develop-ment
In a meeting of the 220th Corps Commanders' Conference at General Headquarters (GHQ), chaired by Chief of Army Staff (COAS) Gen Qamar Javed Bajwa, the participants of the meeting "expressed strong will, resolve and determination to defend the motherland a
Founder Chairman Pak-US Business Council Iftikhar Ali Malik Tuesday said the entire business community including Federation of Pakistan Chambers of Commerce, all its affiliated chambers, trade bodies and associations will extend full support to Prime Mini
Advisor to CM on Information, Law & Anti-Corruption, Barrister Murtaza Wahab in his statement, issued here Tuesday, said that "selected leader has no vision; there is no comparison of Shaikh Rashid in using abusive language and he should first learn the e
The Federal Board of Revenue (FBR) has provisionally collected Rs 1,285.27 billion taxes at the import stage during July-March (2018-19) against Rs 1,217.79 billion during the same period of 2017-18, reflecting an increase of Rs 67.48 billion.
While supporting the revival of wealth tax, Finance Minister Asad Umar said on Tuesday that the government is considering announcing a tax amnesty scheme before the end of current fiscal year to provide yet another opportunity to the people to disclose th
While supporting the revival of wealth tax, Finance Minister Asad Umar said on Tuesday that the government is considering announcing a tax amnesty scheme before the end of current fiscal year to provide yet another opportunity to the people to disclose th
The federal cabinet Tuesday allowed export of one million tonnes of wheat and decided to rename Statistics Division as Social Protection and Poverty Alleviation Division and placed it under the administrative control of Ministry of Planning, Develop-ment
The federal government has proposed appointment of a retired judge of Supreme Court (SC) as arbitrator to resolve the issue of liabilities amongst Karachi Electric (KE), NTDC and SSGC. This was disclosed by Secretary Power Divison, Irfan Ali at a meeting
The federal government has proposed appointment of a retired judge of Supreme Court (SC) as arbitrator to resolve the issue of liabilities amongst Karachi Electric (KE), NTDC and SSGC. This was disclosed by Secretary Power Divison, Irfan Ali at a meeting