Business

Business

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…

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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,…

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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…

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Pakistan top emerging economy among South Asian markets AMC

Another international rating agency has reckoned Pakistan among the top emerging South Asian economies owing to continuity of policies and…

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Oil prices up 1 percent after ninth weekly U.S. crude drawdown

Oil prices rose as much as 1 percent on Wednesday, lifting U.S. crude from two-month lows, after the U.S. government…

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Oil prices edge up from two-month lows

Oil prices rose on bargain-buying in Asia on Wednesday after hitting two-month lows but gains were hobbled by concerns about…

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Petroleum Ministry proposes reduction of Fuel prices by Rs.3/lit

The prices of petroleum products may be slashed as a federal petroleum ministry has proposed reduction in prices from August and summary…

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Binladin Group seeks loan extension after Grand Mosque payment delay

Saudi Binladin Group has asked for an extension on a 817 million riyal ($217.8 million) Islamic loan that matured last…

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Oil prices up in Asia

Oil prices extended their rise in Asia Monday as robust economic data from the United States and China fueled hopes of a pick-up…

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