Business

Business

Bitcoin tumbles as cryptocurrency sell-off intensifies

Cryptocurrencies plunged on Friday, with bitcoin at one point sliding below $8,000 and headed for its biggest weekly loss since…

3 Min Read

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…

1 Min Read

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…

2 Min Read

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…

4 Min Read

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…

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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…

4 Min Read

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…

7 Min Read

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…

6 Min Read

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…

5 Min Read