Business

Bullish trend continues at PSX as 100 index touches 46,540

Bullish trend continues at PSX as 100 index touches 46,540

KARACHI: Pakistan’s KSE-100 Index is once more on a bullish trajectory today (Thursday), continuing upwards from its gain since the past 10 days. The market opened today at 46,185 points, and dipped over 40 points just after 9:30 AM. However, it reversed the losses and shot up to peak at 46,540 points at 11:22 AM. […]

Volkswagen plans 30,000 job cuts worldwide

Volkswagen plans 30,000 job cuts worldwide

Volkswagen has announced plans to cut 30,000 jobs worldwide with about 23,000 of the losses borne in Germany. VW, still dealing with the aftermath of the emissions-cheating scandal, aims to rejuvenate its core brand, and develop new electric and self-driving cars. VW says it will create 9,000 jobs as part of investments in new products. […]

Pak ambassador to UNESCO presents his credentials

Pak ambassador to UNESCO presents his credentials

Paris, August 01, 2016: The ambassador of Pakistan to UNESCO Mr. Moin ul Haque has said that Pakistan places great emphasis on the cause of Education at national level. He said this while presenting his credentials to Ms. Irina Bokova, Director General UNESCO as Permanent Delegate/Ambassador of Pakistan to the prestigious UN organization here this […]

ICIJ admits error, removes name of PM Nawaz Shairf

ICIJ admits error, removes name of PM Nawaz Shairf

Islamabad: April 27, 2016. A Spokesman of the Government of Pakistan has said that the International Consortium of Investigative Journalists (ICIJ) has admitted that it had erroneously included the name of the Prime Minister of Pakistan Muhammad Nawaz Sharif while publishing details of persons who control Off-Shore Companies based on documents leaked from Law Firm […]

Jammu Kashmir Diaspora Chamber of Commerce is calling for international trade

Jammu Kashmir Diaspora Chamber of Commerce is calling for international trade

Manchester (Press Release) A network of leading Kashmiri Diaspora businesses and entrepreneurs of J&K origin and heritage in the United Kingdom is actively working to establish Jammu Kashmir Diaspora Chamber of Commerce. This innovative initiative is supported by Kashmir Development Foundation (KDF) in partnership with Conciliation Resources to enhance business to business interactions and to […]

PRIME MINISTER HOUSE

PRIME MINISTER HOUSE

A high level meeting was chaired by Prime Minister Muhammad Nawaz Sharif to review the prevailing security situation at PM House here today. The meeting was attended by Minister of Interior Ch. Nisar Ali Khan, Federal Minister for Finance Mr. Ishaq Dar, Chief Minister Punjab Muhammad Shehbaz Sharif, Advisor on Foreign Affairs Mr. Sartaj Aziz, […]

France extends veto power over foreign takeovers

France extends veto power over foreign takeovers

The French government on Thursday changed its policy to increase the state’s influence in foreign buyouts and investment in key sectors, which will allow it to intervene in GE’s controversial bid for French giant Alstom. The new rules will come into effect on Friday and cover the key sectors of energy, transport, water, health and […]

France’s new trains too wide for old stations

France’s new trains too wide for old stations

France’s SNCF rail network has ordered 2,000 trains for an expanded regional network that are too wide for hundreds of station platforms, entailing costly repairs, the national operator announced on Tuesday. A spokesman for the RFF national rail operator confirmed the error, first reported by satirical weekly, Le Canard Enchaîné, in its Wednesday edition. “We […]

Ebay urges users to change password after cyber attack

Ebay urges users to change password after cyber attack

Online commerce giant eBay asked clients to change their passwords Wednesday after hackers stole data from what is likely a “large number” of accounts, including names, addresses, emails and birth dates. The company said that despite the worrying cyber attack, it had found no evidence of unauthorized access to users’ credit card information. “For the […]

iOS 8: Messages, new QuickType keyboard, five new images

iOS 8: Messages, new QuickType keyboard, five new images

Apple on Monday unveiled the latest version of its iOS mobile operating system at its Worldwide Developers Conference in San Francisco. The company has labeled iOS 8 as “the biggest release since the launch of the App Store,” however Android fans have nothing to fear. They say imitation is the sincerest form of flattery — […]

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