PIA excludes ATR-72 airplanes from its fleet
KARACHI: The Pakistan International Airlines (PIA) on Saturday excluded ATR-72 airplanes, hired on an expensive lease, from its fleet.
As per details, the planes were...
ADB’s report on Pakistan’s economic recovery highly encouraging: minister
ISLAMABAD: Federal Minister for Economic Affairs, Makhdum Khusro Bakhtyar on Saturday hailed the Asian Development Bank’s (ADBs) report on recovery of Pakistan’s economy, which...
Britain’s navy to protect fishing waters in case of no-deal Brexit
LONDON: Four Royal Navy patrol ships will be ready on Jan. 1 to help protect Britain’s fishing waters in the event the Brexit transition...
Modi says government committed to farmers’ welfare
NEW DELHI (Reuters) - Indian Prime Minister Narendra Modi assured farmers on Saturday that reforms in the agrarian sector were aimed at helping them...
With US now in hand, BioNTech CEO looks for more vaccine production
NEW YORK: The chief executive of Germany’s BioNTech SE said the biggest challenge facing it and partner Pfizer Inc now that their Covid-19 vaccine...
Investors weigh blocked China companies as Sino-US chill deepens
SINGAPORE/SHANGHAI/BOSTON: Investors face uncertain rules and could miss out on promising opportunities after index makers cut some blocked Chinese firms from their books, according...
Agricultural sector expected to grow over 2.8pc: report
LAHORE: The agricultural sector is expected to achieve a growth target of 2.8 per cent or even surpass it on the back of better...
Foreign loans worth $10.7bn taken in FY20
ISLAMABAD: Pakistan paid $10.4 billion on account of debt servicing of external public loans during FY20, according to an annual report on foreign economic...
Big tech firms to face 6pc fines if breach new EU content rules
BRUSSELS: Big tech firms such as Google and Facebook will face fines of up to 6% of turnover if they do not do more...
Oil set for weekly gain amid coronavirus vaccine progress
LONDON: Oil prices steadied on Friday, and were set for a sixth week of gains as progress towards novel coronavirus vaccination programmes fed hopes...
Car sales up by 48pc YoY in November
LAHORE: Car sales increased by 48pc YoY in November this year to 14,454 units, the Pakistan Automotive Manufacturers Association (PAMA) reported on Friday.
Indus Motor...
Investors swap China holdings from Wall Street to Hong Kong as delisting threat brews
SHANGHAI: Global fund managers are reducing their holdings in U.S-listed Chinese companies such as Alibaba, Netease and JD.com as risks grow they will be...
SECP unveils corporate insurance agents regulations
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified Corporate Insurance Agents Regulations, 2020 in a bid to strengthen the regulatory framework...
Chinese AI company eyeing smart control of Covid in Pakistan
BEIJING: An artificial intelligence (AI) company in China’s is interested in smart control of Covid-19 in Pakistan, China Economic Net (CEN) reported on Friday.
The...
EU to provide Rs11.1bn for water security, education in Balochistan
ISLAMABAD: The European Union (EU) will provide Rs11.1 billion to support the government of Balochistan address water scarcity and improve access and quality of...