Business

Business

ADB appoints first woman country director Xiaohong Yang to Pakistan

The Asian Development Bank (ADB) has appointed China’s Xiaohong Yang as new Country Director for Pakistan. According to ADB press…

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CAA warns Shaheen Air to suspend operations in 45 days

The Civil Aviation Authority (CAA) has warned to suspend operation of Shaheen Air International in 45 days if management fail…

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Govt re-appoints Dr. Irshad as FBR chairman

The federal government has appointed Dr. Irshad as chairman of the Federal Board of Revenue. According to sources sources, a day…

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PIA BoD sacks CEO, Bernd Hildenbrand remains on ECL

Pakistan International Airlines’ (PIA) acting Chief Executive Officer (CEO) Bernd Hildenbrand has been removed from his post. In a notification…

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Tesla recalling cars to address brake defect

Tesla is recalling 53,000 cars to address a manufacturing defect that could prevent parking brakes from releasing, the company said…

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Goldman Sachs shares fall as profits up less than expected

Goldman Sachs reported sharply higher first-quarter profits Tuesday, but they lagged analysts' expectations following a sluggish performance in trading, in…

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WB projects macroeconomic indicators to grow in future

The World Bank has projected the growth of Pakistan’s industrial sector at 7.7 per cent by 2019. According to the…

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Global carmakers converge on China as rare slowdown looms

Global carmakers converge on China for the Shanghai auto show this week, with the industry bracing for a sharp sales…

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Dar assures full support to AJK PM for development projects

Finance Minister, Senator Muhammad Ishaq Dar said the federal government would extend all possible support to the AJK government in…

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