Companies IndiGo seeks partnerships to expand network BENGALURU: InterGlobe Aviation Ltd , the operator of India’s leading airline IndiGo, is seeking partnerships that... Published 06 Feb, 2023 07:48am
Money & Banking HSBC embarks on KSA hiring spree LONDON: HSBC is hiring dealmakers as “fast as it can” in Saudi Arabia to capitalise on a wave of financing... Published 06 Feb, 2023 07:46am
Companies Pfizer eyes big drop in Covid-related revenues NEW YORK: After two straight years of surging sales due to Covid-19 products, Pfizer projected a steep decline in... Published 06 Feb, 2023 07:44am
Companies Airbus and Qatar settle A350 jetliner row PARIS: Airbus and Qatar Airways have settled a dispute over surface damage on grounded A350 jets, the companies said... Published 06 Feb, 2023 07:44am
Companies FedEx to cut senior jobs as part of larger staff reduction LOS ANGELES: FedEx Corp on Wednesday said it would cut its officer and director ranks by 10% as part of a broad... Published 06 Feb, 2023 07:42am
Companies Alphabet disappoints on sales as ad business slips NEW YORK: Alphabet Inc on Thursday posted fourth-quarter profit and sales short of Wall Street expectations as... Published 06 Feb, 2023 07:40am
Energy OMV posts 5pc increase in core Q4 earnings BERLIN, Austrian energy group OMV missed expectations for fourth-quarter core earnings because of lower crude ... Published 06 Feb, 2023 07:38am
Money & Banking UniCredit hikes payout goal by 40pc after record profit MILAN: UniCredit pledged on Tuesday to return 5.25 billion euros ($5.69 billion) to investors based on its 2022... Published 06 Feb, 2023 07:34am
Companies T-Mobile misses quarterly revenue estimates BENGALURU: T-Mobile US Inc missed fourth-quarter revenue estimates on Wednesday despite adding nearly 1 million... Published 06 Feb, 2023 07:32am
Companies With profit of $56bn Exxon smashes all industry records HOUSTON: Exxon Mobil Corp posted a $56 billion net profit for 2022, the company said on Tuesday, taking home about... Published 06 Feb, 2023 07:28am
Companies GM profits rise after record quarter in North America NEW YORK: General Motors rode a strong performance in North America to higher fourth-quarter profits and said ... Published 06 Feb, 2023 07:27am
Erdogan says Western missions will ‘pay’ for closures ISTANBUL: Turkish President Tayyip Erdogan said Western missions would “pay” for issuing security warnings and... Published 06 Feb, 2023 07:22am
Stocks Japan govt has sounded out Amamiya about becoming BOJ governor: Nikkei TOKYO: Japan’s government has sounded out Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya to succeed... Published 06 Feb, 2023 07:20am
Commodities Palm oil rises on profit-taking, but posts weekly losses JAKARTA: Malaysian palm oil futures edged higher on Friday on a weaker ringgit and profit-taking ahead a long... Published 06 Feb, 2023 07:20am
Money & Banking Dollar jumps after ‘monster’ job report NEW YORK: The dollar jumped on Friday after data showed that US employers added significantly more jobs in January... Published 06 Feb, 2023 07:18am
Energy Oil falls about 3pc as strong US jobs data prompt interest rate concerns NEW YORK: Oil prices fell to over three-week lows on Friday in a volatile session, after strong US jobs data raised... Published 06 Feb, 2023 07:17am
Stocks China stocks close lower as foreign inflows come to a halt SHANGHAI: China stocks ended lower on Friday, with foreign funds halting their buying spree after nearly one month ... Published 06 Feb, 2023 07:16am
Stocks Financials power Indian shares to weekly gains BENGALURU: Indian shares rose on Friday and logged weekly gains, aided by a rise in financials and optimism that the... Published 06 Feb, 2023 07:15am
Stocks Saudi Arabian shares drop on lower oil prices; Egypt rises DUBAI: Saudi Arabian stock market closed lower on Sunday, in response to fall in oil prices on Friday amid concern... Published 06 Feb, 2023 07:14am
Stocks Wall Street Week Ahead: Signs of market strength cheer US stocks bulls NEW YORK: US stock bulls are taking heart from a range of market signals pointing to an upbeat year for Wall Street,... Published 06 Feb, 2023 07:13am
Stocks US stocks sink after stunning jobs growth raises questions about Fed NEW YORK: Major US stock indexes fell in choppy trading on Friday after surprisingly strong jobs data sparked... Published 06 Feb, 2023 07:12am
Central banks should stick to ‘higher for longer’ interest rate approach: IMF WASHINGTON: Global central banks need to make clear to financial markets the probable need for interest rates to... Published 06 Feb, 2023 06:58am
China economic activity swings back to growth in January BEIJING: China’s economic activity swung back to growth in January, official data showed on Tuesday, after a wave... Published 06 Feb, 2023 06:57am
Eurozone dodges recession but gloomy outlook persists BRUSSELS: The eurozone economy showed greater resilience than expected after avoiding a recession in the fourth... Published 06 Feb, 2023 06:53am
Industry Asia’s factory activity contracts despite China’s reopening TOKYO: Asia’s factory activity contracted in January as the boost from China’s COVID reopening had yet to offset... Published 06 Feb, 2023 06:51am
Pope urges end to ethnic hatred at open-air mass in Sudan JUBA: Pope Francis appealed Sunday to the people of South Sudan to lay down their “weapons of hatred” at an... Published 06 Feb, 2023 06:49am
Middle East Khamenei issues pardon for ‘tens of thousands’ of prisoners DUBAI: Iran’s supreme leader has pardoned “tens of thousands” of prisoners including some arrested in recent... Published 06 Feb, 2023 06:46am
Europe Russia says Ukraine planning to blow up buildings in false flag operation MOSCOW: Russia’s defence ministry accused Ukraine of preparing to blow up buildings in the eastern Ukrainian city... Published 06 Feb, 2023 06:44am
Europe Ukraine ready to repel possible Russian offensive this month: defence minister KYIV: Ukraine expects a possible major Russian offensive this month, but Kyiv has the reserves to hold back... Published 06 Feb, 2023 06:41am
China has reasons to keep cool after US downs suspected spy balloon BEIJING: China may respond to the US shooting down its suspected spy balloon after warning of “serious... Published 06 Feb, 2023 06:39am
Energy BD seeks extended oil credit from Saudi Arabia DHAKA: Cash-strapped Bangladesh asked Saudi Arabia for extended credit on oil supplies, Dhaka’s foreign ministry... Published 06 Feb, 2023 06:38am
Liz Truss blames economic ‘orthodoxy’ for downfall LONDON: Former British prime minister Liz Truss blamed on Sunday the economic “orthodoxy” in the country’s... Published 06 Feb, 2023 06:36am
Ex-MPs pledge to continue collective efforts for girls’ education PESHAWAR: Former members of the Khyber Pakhtunkhwa Assembly from various political parties have vowed to sustain... Published 06 Feb, 2023 06:33am
Iran ex-president, former PM call for political change TEHRAN: Iran’s former president Mohammad Khatami and former premier Mir Hossein Mousavi have both called for... Published 06 Feb, 2023 06:20am
ICT police investigating ‘rape’ of girl in park ISLAMABAD: Islamabad Capital Territory (ICT) police has said that its Gender Protection Unit is investigating a... Published 06 Feb, 2023 06:20am
PR plans to rehabilitate infrastructure ISLAMABAD: Pakistan Railways is planning to rehabilitate infrastructure including track and signaling system from... Published 06 Feb, 2023 06:20am
JI accuses govts of only paying lip service to Kashmir cause ISLAMABAD: Jamaat-e-Islami (JI) chief Siraj-ul-Haq on Sunday criticized successive governments for doing nothing... Published 06 Feb, 2023 06:20am
World Cancer Day: Up to 50pc of cancers are preventable: experts LAHORE: Emphasizing the need for international cooperation to reduce the burden of cancer, health professionals said... Published 06 Feb, 2023 06:20am
Agri, environment sectors: Italian team discusses collaboration with CM LAHORE: A 13-member delegation of Italian Development Cooperation Institution headed by Director Luca Maestripieri... Published 06 Feb, 2023 06:20am
Peshawar suicide blast: JUI-F launches ‘peace march’ to express solidarity with martyrs PESHAWAR: In order to expresses solidarity with martyrs of devastating Peshawar suicide blast, Jamiat Ulema-e-Islam... Published 06 Feb, 2023 06:20am
PTI’s accord with IMF responsible for high inflation: Maryam MULTAN: Pakistan Muslim League Nawaz (PML-N) Senior Vice President and Chief Organiser Maryam Nawaz has blamed... Published 06 Feb, 2023 06:20am
Rangers, police carry out joint operation KARACHI: Pakistan Rangers and police conducted a joint operation in Old Golimar area of Karachi and other adjoining... Published 06 Feb, 2023 06:20am
NIM team visits FDA complex FAISALABAD: The 21-member team of officers under training in 32nd senior management course at National Institute of... Published 06 Feb, 2023 06:20am
MPs characterise CPEC as ‘guarantor of Pakistan’s better tomorrow’ ISLAMABAD: Parliamentarians visiting CPEC projects in Sindh termed Thar as ‘bulwark of Pakistan’s future energy... Published 06 Feb, 2023 06:20am
One dead in Quetta suicide attack QUETTA: One person died while eight others injured in a suicide attack on Gulistan Road near Musa check post area of... Published 06 Feb, 2023 06:20am
SAU observes Kashmir Solidarity Day HYDERABAD: Teacher, students and staff of Sindh Agriculture University expressed solidarity with Kashmiri people and... Published 06 Feb, 2023 06:20am
PEC approves accreditation for SAU’s BE programme HYDERABAD: The Pakistan Engineering Council (PEC) has approved accreditation for the BE programme of the Faculty of... Published 06 Feb, 2023 06:20am
Kashmir Solidarity Day observed in Hyderabad HYDERABAD: Like other parts of the country, a Kashmir Solidarity Day was observed in Hyderabad. In this connection a... Published 06 Feb, 2023 06:20am
Ex-lawmaker of MQM joins PPP KARACHI: Former Muttahida Qaumi Movement-Pakistan (MQM-P) MNA Khawaja Sohail Mansoor on Sunday joined Pakistan... Published 06 Feb, 2023 06:20am
Kashmir day rally held in Shikarpur SHIKARPUR: The Assistant Commissioner Shikarpur, Irfan Nizamani, said that the Muslims of Indian Occupied Jammu and... Published 06 Feb, 2023 06:20am
MQM-P likely to hold sit-in against LG polls KARACHI: Muttahida Qaumi Movement Pakistan (MQM-P) has started formulating a strategy to hold protests over the... Published 06 Feb, 2023 06:20am
CM announces $4.1m grant for new machines, equipment for JPMC KARACHI: Sindh Chief Minister Syed Murad Ali Shah announced a grant equivalent to $4.1 million for Patients Aid... Published 06 Feb, 2023 06:20am
PCB Digital interviews well-known pacers: Amir, Shaheen Afridi, Wahab, Wasim discuss finer points of bowling LAHORE: The HBL Pakistan Super League has been synonymous with high-quality fast bowling since its inception in ... Published 06 Feb, 2023 06:20am
Estonia hints at Olympic boycott if Russians allowed TALLINN: Estonia’s premier on Friday suggested her country might boycott the 2024 Olympics in Paris if Russian and... Published 06 Feb, 2023 06:20am
France squeeze past Italy in another Six Nations thriller ROME: France got their Six Nations title defence off to a winning start after squeezing past Italy 29-24 in Rome on... Published 06 Feb, 2023 06:20am
Mallorca damage Madrid title hopes as Asensio misses penalty PALMA (Spain): Real Madrid’s hopes of retaining the La Liga title were dented Sunday as the champions lost 1-0 at... Published 06 Feb, 2023 06:20am
PSG in talks with Messi over renewing contract PARIS: Paris Saint-Germain’s football advisor Luis Campos says he will be “delighted” if Argentinian superstar... Published 06 Feb, 2023 06:20am
Ronaldo breaks duck after lucrative Saudi move AL-HASA: Cristiano Ronaldo got off the mark for his new Saudi paymasters Al Nassr on Friday with a stoppage-time... Published 06 Feb, 2023 06:20am
PSL exhibition match: Quetta Gladiators beat Peshawar Zalmi QUETTA: Quetta Gladiators defeated Peshawar Zalmi during the exhibition match of Pakistan Super League (PSL) 2023... Published 06 Feb, 2023 06:20am
Charlotte Edwards to coach Mumbai Indians WPL side MUMBAI: Mumbai Indians on Sunday named England’s Charlotte Edwards as chief coach of its Women’s Premier League... Published 06 Feb, 2023 06:20am
TCL teams up with Peshawar Zalmi for PSL-8 LAHORE: TCL No.1 LED TV Brand in Pakistan, announced, that it will be partnering with Peshawar Zalmi for the ... Published 06 Feb, 2023 06:20am
PSL franchise Islamabad United launches ‘Cricketing Metaverse’ LAHORE: Islamabad United, one of the franchise s of the HBL-PSL has launched the world’s first Cricketing ... Published 06 Feb, 2023 06:20am
First Test ton for Chanderpaul against Zimbabwe BULAWAYO: Tagenarine Chanderpaul struck his first Test century and fellow opener Kraigg Brathwaite also reached ... Published 06 Feb, 2023 06:20am
PHED of KP: AGP detects non-recovery of the dues PESHAWAR: Auditor General of Pakistan (AGP) has detected a non-recovery amounting to 533.540 million in the accounts... Published 06 Feb, 2023 06:20am
The Weather KARACHI: The weather report on Sunday (February 05, 2023) and the forecast for Monday (February 06, 2023).... Published 06 Feb, 2023 06:20am
Tariff of indigenous gas-run CPPs likely to be reviewed Government to allow new CPPs with cogeneration technology to get RLNG connections at notified tariff Updated 06 Feb, 2023 09:06am
All set for inking pact with Denmark under DETI ISLAMABAD: Pakistan and Denmark are likely to sign agreement under Danish Energy Transmission Initiative (DETI)... Updated 06 Feb, 2023 09:11am
Talks extended for two days: IMF demands govt withdraw power subsidy ISLAMABAD: Technical level talks between International Monetary Fund (IMF) team and Pakistani authorities have been... Updated 06 Feb, 2023 09:11am
Rates PSX witnesses mixed trend KARACHI: Pakistan Stock Exchange witnessed mixed trend during the outgoing week ended on February 03, 2023 as the... Published 06 Feb, 2023 06:20am
Rates Futures spread up 507bps KARACHI: The futures spread increased by 507bps to 13.13 percent on the last day of the outgoing week. Trading... Published 06 Feb, 2023 06:20am
FBR to check benami transactions of civil servants ISLAMABAD: To check money laundering and Benami transactions, the government has finally allowed banks to access... Updated 06 Feb, 2023 09:10am
Musharraf, the ‘architect’ of Kargil war, dies ISLAMABAD/DUBAI: Former President Pervez Musharraf died on Sun-day following a prolonged illness at a hospital in... Updated 06 Feb, 2023 09:10am
TTP celebrates death ISLAMABAD/DUBAI: The Tehreek-e-Taliban Pakistan, an umbrella group of Pakistani militant organisations formed in... Updated 06 Feb, 2023 09:09am
COAS reaches UK on five-day visit ISLAMABAD: Chief of Army Staff (COAS) General Syed Asim Munir reached the United Kingdom on a five-day visit to... Updated 06 Feb, 2023 09:08am
China delivers two Hualong-1 nuclear power units BEIJING: China has officially delivered two Hualong-1 nuclear power units, which were developed with China’s... Updated 06 Feb, 2023 09:09am
PM for greater unity to strengthen the Kashmir cause MUZAFFARABAD: Prime Minister Shehbaz Sharif on Sunday stressed upon forging of unity and solidarity by shunning all... Published 06 Feb, 2023 06:20am
Steel industry: SBP urged to help resolve issue of LCs ISLAMABAD: The steel industry of Pakistan, facing a severe crisis, has made an urgent appeal to the State Bank of... Updated 06 Feb, 2023 09:09am
Duty on castor oil: Customs’ wing endorses viewpoint of importer ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has endorsed the viewpoint of... Updated 06 Feb, 2023 09:07am
Rates A cumulative fall of 5.05pc KARACHI: Barring one session, the rupee depreciated throughout the previous week, ending with a cumulative fall of... Published 06 Feb, 2023 06:20am
Nation standing in solidarity with Kashmiri people: PM MUZAFFARABAD: Prime Minister Muhammad Shehbaz Sharif on Sunday said that the entire Pakistani nation was standing... Published 06 Feb, 2023 06:20am
PML-N to win across Punjab in polls: minister MULTAN: Interior Minister Rana Sanaullah said on Sunday that Pakistan Muslim League Nawaz (PML-N) is not afraid of... Published 06 Feb, 2023 06:20am
President, FM reaffirm pledge to support Kashmirs’ struggle ISLAMABAD: Pakistan reaffirmed solidarity with the Kashmiri people on ‘Kashmir Solidarity Day’ on Sunday in ... Published 06 Feb, 2023 06:20am
Inspection of flour mills to continue: secy LAHORE :Secretary Food Punjab Muhammad Zaman Wattoo has made it clear in a statement that the inspection process of... Published 06 Feb, 2023 06:20am
Kashmir day observed in KP PESHAWAR: The people of Khyber Pakhtunkhwa across the province observed Kashmir Solidarity Day to extend full ... Published 06 Feb, 2023 06:20am
Kashmir Solidarity Day: Events held across country ISLAMABAD: In connection with “Kashmir Solidarity Day” mass rallies, peace walks were held across the country to... Published 06 Feb, 2023 06:20am
Country’s natural wealth key to reviving economy: Mushahid ISLAMABAD: Chairman of Senate Defence Committee and Pakistan-China Institute (PCI) Senator Mushahid Hussain Syed on... Published 06 Feb, 2023 06:20am
Energy Industrial units: Pesco chief promises to restore power supply PESHAWAR: Chief Executive Officer (CEO) Peshawar Electric Supply Company (Pesco), Arif Khan Sadozai has assured that... Published 06 Feb, 2023 06:20am
Cotton & Textile Weekly Cotton Review: Local production facing shortfall of 2.5m bales KARACHI: An alarming reduction of 2.6 million bales in cotton production is estimated this season. The total... Published 06 Feb, 2023 06:20am
The mishandling of economy continues Finance Division in the January 2023 Economic Update/Outlook noted that fiscal deficit July-November 2022 was 1169... Published 06 Feb, 2023 06:20am
Default: last hour? Negotiations with the IMF (International Monetary Fund) have entered the final round. The plans and proposals... Published 06 Feb, 2023 06:20am
The 80/20 rule for maximising foreign exchange earnings Pakistan’s economy has been facing a number of challenges in recent years, including low growth, high inflation,... Published 06 Feb, 2023 06:20am
From presidential palace to KFC: Bolsonaro’s peculiar exile in US He used to preside over Latin America’s largest country and its 214 million people. Now Brazil’s former ... Published 06 Feb, 2023 06:20am
Time to take on the TTP EDITORIAL: The moment of truth has arrived in the wake of the terrorist strike on a Peshawar mosque that left 101... Published 06 Feb, 2023 06:20am
Letters Gen Musharraf dies The former President of Pakistan and army chief, Gen Pervez Musharraf, has died after a prolonged illness at a Dubai... Published 06 Feb, 2023 06:20am
Commodities Prices of essential food items go up sharply PESHAWAR: The prices of live chicken/ meat, pulses, vegetables, flour, cooking oil/ ghee, sugar and other food items... Published 06 Feb, 2023 06:20am
Rates Your rupee last week KARACHI: Following currency fluctuations took place in foreign exchange rates during the last week. (January 30 to... Published 06 Feb, 2023 06:20am
KSA warns sanctions, under-investment may cause energy shortages DUBAI: Saudi Energy Minister Prince Abdulaziz bin Salman warned on Saturday that sanctions and underinvestment in ... Updated 06 Feb, 2023 11:45am
Industry ICCI chief vows to work with FBR, CDA to resolve issues of traders ISLAMABAD: Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) has said that ... Published 06 Feb, 2023 06:20am
Industry Pak-Afghan transit trade: Customs officials promise to resolve trader’ issues PESHAWAR: Customs authorities have assured the traders attached with Pak-Afghan transit to take pragmatic steps to... Published 06 Feb, 2023 06:20am
BMP vows to resist IMF pressure to enhance GST to 18pc LAHORE: As the International Monetary Fund has been pushing the government to increase the general sales tax rate to... Published 06 Feb, 2023 06:20am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points