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HBL appoints Muhammad Aurangzeb as new president and CEO
The Board of Habib Bank Limited (HBL) has appointed Muhammad Aurangzeb as its President and CEO. According to a letter…
Facebook bans ads for cryptocurrencies
Facebook says it is banning all ads related to cryptocurrencies in an effort to fight scams. The social media giant…
Global stocks pressured ahead of big earnings, Fed meeting
Global stocks kicked off the week in a lacklustre fashion on Monday, with US equities retreating from records ahead of…
India sees growth of 7-7.5 percent in 2018/19 fiscal year
India’s economy should grow between 7 percent and 7.5 percent in the 2018/19 (April-March) with exports and private investment set…
Wynn resigns as RNC finance chair after sexual misconduct allegations
Las Vegas casino mogul Steve Wynn resigned as finance chairman of the Republican Party’s fundraising arm on Saturday, a day…
SBP increases interest rate to 6 Percent
The State Bank of Pakistan on Friday raised its policy rate by 25 basis points to 6 percent to preempt…
Belt, road initiative to create connectivity, create linkages: PM
Prime Minister Shahid Khaqan Abbasi Wednesday said the Belt and Road Initiative would create connectivity, create linkages and boost economic…
Netflix crosses $100 billion market capitalisation as subscribers surge
Netflix Inc snagged 2 million more subscribers than Wall Street expected in the final three months of 2017, tripling profits…
Oil producers will cooperate beyond 2018, says Saudi Arabia
Global oil producers are in agreement that they should continue cooperating on production after their deal on supply cuts expires…