Business

Business

Large-scale industrial sector expands by 2.6pc

Large-scale manufacturing (LSM) posted a growth of 2.69 per cent in April 2014 from a year ago, according to sectoral…

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Global oil prices shoot up

Brent crude hit a nine-month high of more than $115 a barrel on Thursday as the United States said it…

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Dollar edged higher against Euro

The dollar edged higher against the euro after two days of losses in overall relatively steady foreign exchange markets Friday.…

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“Your days are numbered”: top online entrepreneur tells retailers

The founder of Rocket Internet, the German venture capital company behind dozens of online start-ups, warned the retail industry on…

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Balochistan to spend Rs51bn on development projects in 2014-15

Balochistan has allocated Rs50.7 billion for next fiscal year’s Annual Development Programme (ADP), an increase of 13 per cent from…

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Gold price surge to 4 week high

Gold jumped to a four-week high yesterday as the dollar fell after the Federal Reserve said it remained committed to…

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Chinese media briefed on Pak-China economic corridor projects

Planning and Development Minister Ahsan Iqbal has said that the Pak-China Economic Corridor will bring positive change to the lives…

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CCP recommends an end to discrimination in urea market

The Competition Commission of Pakistan (CCP) has issued a policy note to the government, recommending equal levy of Gas Infrastructure…

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BlackBerry reverses plunge

Canadian smartphone maker BlackBerry, under new leadership, announced a small profit in a surprising turnaround yesterday despite a huge drop…

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