Business
Business
Lenovo’s first-quarter profit jumps 64 percent, beating estimates
China’s Lenovo Group Ltd, the world’s biggest personal computer (PC) maker, said on Thursday its first-quarter net profit rose 64…
SBP cancels license of M/s East West Exchange Company
The State Bank of Pakistan has cancelled the license of M/s East West Exchange Company-B (Pvt.) Limited after voluntary liquidation.…
US finds evidence of criminality in VW probe: report
Federal investigators probing Volkswagen’s diesel emissions cheating scandal have uncovered evidence of criminal wrongdoing, The Wall Street Journal reported Monday,…
DTH licenses to be issued from October: PEMRA Chairman
Pakistan Electronic Media Regulatory Authority (PEMRA) will start issuing licenses to companies for establishing and operating DTH (Direct-to-Home) services in…
Iran to allow iPhone imports for first time
Iran is preparing to allow local companies to import iPhones for the first time to try to curb the huge…
China’s Alibaba Q1 revenue leaps 59%, best since IPO
Chinese e-commerce giant Alibaba saw revenues leap 59 percent year-on-year for the quarter ended in June, it said Thursday, its…
MCB announces half year financial performance
The Board of Directors of MCB Bank Limited on August 10, 2016 to review the performance of the Bank and…
FBR’s tax collection soars to over Rs 3130b this year
Federal Board of Revenue (FBR) collected more than Rs 3,130 billion in the financial year 2015-16 as per figures consolidated…
Walmart to buy US online retailer Jet.com for $3.3 bln
Walmart Stores announced Monday that it will acquire e-commerce company Jet.com for $3.3 billion as it beefs up its online…