Business

Business

China’s Huawei sees slower revenue growth for 2016

China's Huawei Technologies Co Ltd, one of the world's largest telecom equipment makers, said on Friday it expects 2016 revenue…

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Apple to cut iPhone production in first quarter of 2017

Apple Inc will trim production of iPhones by about 10 percent in the January-March quarter of 2017, the Nikkei financial…

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Nine industrial zones become part of CPEC

Following a meeting of the Joint Cooperation Committee (JCC) of the China-Pakistan Economic Corridor (CPEC), Minister for Planning, Development and…

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Pakistan to secure $1 bn in Chinese financing for roads

Pakistan expects to secure soft loans from China of about $1 billion this week for three road projects in the…

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Saudi to sell 49% of Aramco within decade

Saudi Arabia plans to sell up to 49 percent of its oil giant Saudi Aramco within 10 years as the…

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Airbus seals deal with Iran for sale of 100 aircraft

Europe's Airbus signed a firm contract on Thursday to sell 100 jets to IranAir, completing a return by Western plane…

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Chinese consortium top bidder for 40pc stake in Pakistan Stock Exchange: official

A Pakistan Stock Exchange official said on Thursday a consortium consisting of the Shanghai Stock Exchange and Shenzhen Stock Exchange…

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US fines Goldman Sachs $120 mn in rate-rigging scandal

US regulators fined Goldman Sachs $120 million Wednesday for attempting to manipulate a widely-used global interest rate benchmark to benefit…

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Senate adopts resolution to pull out Rs5,000 note from circulation

The Senate has passed a resolution demanding the government withdraw  Rs5,000 currency notes from circulation. The resolution was tabled by…

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