Pfizer-BioNTech apply for EU emergency authorisation for Covid-19 vaccine
FRANKFURT: Pfizer Inc and BioNTech have applied to the European drugs regulator for conditional authorization of their COVID-19 vaccine, following similar steps in the...
Samsung may discontinue high-end Galaxy Note smartphones
SEOUL: Samsung Electronics Co Ltd may discontinue its premium Galaxy Note phone next year, sources with knowledge of the matter said, a move that...
UK retailer Debenhams to be liquidated
LONDON: British department store retailer Debenhams is to start a liquidation process that will see its stores close and the potential loss of 12,000...
ADB, Punjab govt partner to support healthcare PPPs
LAHORE: The Asian Development Bank (ADB) and the government of Punjab have signed a memorandum of understanding (MoU) to jointly promote public-private partnership (PPP)...
Pakistan’s IT exports, tech stocks set to boom in next decade: report
LAHORE: With more than 20,000 graduates entering the workforce each year in the technology sector and a prevailing pool of more than 300,000 IT...
Petrol price to remain unchanged till Dec 15
The government has decided to leave the prices of petrol, kerosene, and light diesel unchanged till December 15, a notification issued by the Finance...
FBR exceeds July-Nov collection target by Rs17bn
ISLAMABAD: The Federal Board of Revenue has achieved its tax collection target for the first five months (July-Nov) of the current fiscal year (FY21).
According...
021Disrupt 2020 to host more than 5,000 innovators, entrepreneurs, disruptors in Pakistan
021Disrupt, Pakistan’s premier technology and entrepreneurship conference by The Nest I/O, is all set to take place virtually from November 30th - December 5th.
Running...
FIA asked to probe Rs80bn misappropriation in Nandipur power project
ISLAMABAD: Power Division Minister Omar Ayub Khan has said that the previous government of Pakistan Muslim League-Nawaz (PML-N) had signed expensive energy agreements to...
OPEC reaches consensus to extend oil cuts by three months, Algeria says
DUBAI/LONDON/MOSCOW: OPEC members have reached a consensus on the need to extend existing oil production cuts for three months from January and will work...
Pakistan, China finalise Gwadar projects for upcoming JCC
ISLAMABAD: The 5th meeting of Pakistan China Joint Working Group (JWG) on Gwadar has finalized deliverable projects which would be placed before the next...
Govt likely to approve ‘uniform standards’ for steel industry
ISLAMABAD: The country's steelmakers have demanded the government to implement uniform standards for steel and its raw material in the country, sources revealed on...
Silkbank declares operating profit of Rs3.4bn for 9M2020
The Board of Directors of Silkbank Limited, in its recent meeting, declared an operating profit of Rs3.4 billion for the nine months ended September...
K-Electric profit slips in July-Sept quarter
The Board of Directors of K-Electric Limited (KE), in its meeting held recently at the KE head office, approved the company's financial results for...
PM seeks practical measures to streamline Pak-Afghan trade
Premier approves establishment of Export Development Board; calls for environmental protection in construction projects