Business
Business
Microsoft to cut 2,850 more jobs
Microsoft said it would cut about 2,850 more jobs over the next 12 months, taking its total planned job cuts…
Era of iconic Boeing 747 could come to an end
Boeing Co. could end production of the iconic 747 aircraft as the world’s biggest plane maker fights falling orders and…
Twitter shares dive after update disappoints
Twitter’s shares fell hard on Tuesday after its quarterly update showed more losses for the struggling social media platform, which…
World needs 31,000 new pilots a year: Boeing
Global airlines will need an average of 31,000 new pilots every year for the next two decades as the air…
Pakistan records increase in mobile phone imports
Mobile phone imports in the country have registered 4.23 percent increase during year 2015-16 as compared to same period of…
IMF urges key G20 countries to spend more for growth
The International Monetary Fund (IMF) has warned risks to the global economy are growing, as it called on some G20…
Samsung sues Huawei in China for patent infringement
Tech giant Samsung Electronics Co Ltd (005930.KS) said on Friday it sued Huawei Technologies Co Ltd for patent infringements through…
Sri Lanka’s cash-strapped airline may lease four planes to PIA
Country’s cash-strapped national airline is in talks to lease four of its Airbus A330 planes to Pakistan International Airlines Corp,…
Britain’s unemployment rate dips to 11-year low
Britain’s unemployment rate dipped to 4.9 percent in the three months to May, the lowest level since 2005, official data…