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Toys’R’Us in Britain ‘winds down’ after no buyer found
The troubled British arm of US retailer Toys'R'Us is winding down its activities, administrators said Wednesday, threatening up to 3,200…
Swiss chocolatier sues Weinstein Company
One of the most famous chocolate companies in the world is seemingly the latest victim in the Harvey Weinstein scandal,…
Pakistan doesn’t figure in FATF watchlist
Pakistan doesn’t feature on the watchlist of Financial Action Task Force (FATF). All speculations that FATF has placed Pakistan back…
EU expresses satisfaction over Pakistan’s progress in achieving GSP+ goals
European Parliament's International Trade Committee (INTA) has expressed satisfaction on the progress achieved by Pakistan in enacting new laws and…
Wall Street falls as Fed minutes send bond yields higher
US stocks closed lower on Wednesday in a rocky session after the release of the minutes from the Federal Reserve’s…
Bitcoin nearly doubles in value from year’s low hit in early February
Bitcoin hit a three-week high on Tuesday and has surged nearly 100 percent from its lowest level this year, as…
Oxfam says former Haiti director admitted hiring sex workers
The former Oxfam country director at the centre of a prostitution scandal admitted to paying for sex at his charity-funded…
Iran deepens freight discount to boost oil sales to India: sources
Iran has offered to raise the freight discount on oil sales to India in return for New Delhi agreeing to…
World stocks post best week in two years, dollar climbs
The dollar rose and stocks around the globe rallied for a sixth straight session on Friday to post their best…