Business
Business
Industries Minister assures support to
Federal Minister for Industries and Production Ghulam Murtaza Jatoi has assured Pakistan Steel Mills (PSM) that the government will extend…
IMF cuts eurozone growth forecast
The IMF cut its 2014 growth forecast for the eurozone yesterday warning that the recovery in the single currency bloc…
‘Untreated mangoes export won’t be allowed’: Bosan
Federal Minister for National Food Security and Research Sikandar Hayat Bosan has said the government will not allow the export…
Moody’s puts positive outlook for Pakistan’s economy
Global rating agency Moody’s yesterday upgraded the outlook of Pakistan's economy to stable from negative In a report published by…
Stocks stage rally on foreign buying
The stock market staged a surprise powerful rally yesterday as KSE-100 index surged by 387.01 points or 1.32pc to close…
Assemblers fail to make gains on falling import of used cars
Import of used cars dropped sharply year-on-year in 2013-14, but local assemblers who had been lobbying against the arrival of…
MCB Bank, Millat Tractor sign MoU for provision of agri based credit to farmers
MCB Bank has signed a memorandum of understanding (MoU) with Millat Tractor Limited (MTL) to provide agriculture credit to farmers,…
Alibaba files one of the biggest IPOs in US history
Alibaba gave investors a closer look at the scale and growth of the Chinese e-commerce juggernaut in an initial public…
Citigroup to pay $7bn in subprime mortgages probe
Citigroup announced yesterday that it will pay roughly $7 billion to settle a federal investigation into risky subprime mortgages, the…