Business

Business

Russian Rouble gets boost

The rouble recovered slightly yesterday, paring heavy losses as investors anticipated possible action by the central bank to halt a…

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IMF chief hails Japanese monetary stimulus

IMF chief Christine Lagarde hailed Friday the Bank of Japan’s “very brave” surprise move to step up its support for…

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Britain emerges victorious in EU bill standoff

Britain claimed victory yesterday in its standoff with the European Union over a 2.1 billion euro ($2.7bn) budget contribution, saying…

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Beijing wants APEC to promote a regional Chinese trade pact

China plans to use a meeting of Asia-Pacific leaders to push though, a regional trade initiative at a time when…

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Energy demand to rise by a massive 60% by 2040 claims Opec

Global energy demand will increase by 60 per cent by 2040 compared to 2010 levels, Opec claimed yesterday, with greenhouse-gas-emitting…

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WTO urges G20 to lift post-2008 trade barriers

The World Trade Organisation (WTO) called on the G20 leading economies yesterday to begin removing trade barriers thrown up since…

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Cotton prices come under pressure

Prices on the cotton market came under pressure yesterday as activity remained restricted amid record phutti arrivals during the outgoing…

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PTCL employees being offered voluntary separation” package

KARACHI: Pakistan Telecom­munication Company Limited (PTCL) has introduced the ‘Voluntary Separation Package’ (VPS) for its employees which will be available…

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LCCI requests govt to withdraw SRO412

The Lahore Chamber of Commerce and Industry (LCCI) yesterday urged the government to withdraw SRO 412(1)2014 issued by the Drug…

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