Business

Business

KSE index suffers its worst decline in 9 months

Stocks suffered heavy declines on Monday with the KSE-100 index posting a loss of 666 points, its worst fall in…

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WTO’s “global commerce initiative” failure points to fragmentation of global trade

India has dealt a potentially fatal blow to the World Trade Organisation’s hopes of modernising the rules of global commerce…

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The “rise and fall” of Portuguese bank raises questions

A new Portuguese bank appeared yesterday, born from the ruins of a collapsed business empire, and declared on its website…

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Discos overcharge consumers, Rs15bn collected

Though National Electric Power Regulatory Authority (Nepra) had approved a cut of Rs1.67 per unit in base tariff of power…

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5 Strikes and you are out: EU may ban mango imports from Pakistan

PAKISTAN’S mango exports to the European Union is under threat.  Only one lapse could make them meet the fate India…

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World leaders commemorate centenary of the start of the first World War today

World leaders on Monday commemorated the 100th anniversary of the outbreak of World War I, a small Balkans conflict that…

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Overemphasis on additional power generation may prove to be a bane rather then a boon

The government seems to be getting nervous that its overemphasis on generation of additional electricity may turn the existing power…

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S. Arabia’s gas initiative fails to pay off

Saudi Arabia’s decade-long ‘Gas Initiative’ is unravelling — with considerable impact on global energy balance — as galloping domestic consumption…

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IMF wants energy prices raised for ‘environmental reasons’ in many countries

The International Monetary Fund (IMF) has said that energy prices in many countries are wrong because they do not reflect…

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