Business

Business

Hyundai, KIA aim to grow 2017 sales to 8.25 million vehicles globally

Hyundai Motor Co and affiliate KIA Motors said on Monday they aim to increase their combined sales to 8.25 million…

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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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