VW says diesel scandal cleanup to cost 2 billion euro in 2019: paper
FRANKFURT - Volkswagen’s (VOWG_p.DE) cleanup of a diesel cheating scandal will cost it 5.5 billion euros ($6.25 bln) in 2018...
Business
Malaysia seeks $7.5 billion in reparations from Goldman Sachs
KUALA LUMPUR - Malaysia is seeking $7.5 billion in reparations from Goldman Sachs Group Inc (GS.N) over its dealings with...
US stocks suffer worst week in a decade
US stocks suffered one of the worst weekly falls in a decade as trade tensions with China, interest rate rises...
Partial govt shutdown could ‘last for a very long time’: Trump
Washington: US President Donald Trump has warned that a partial government shutdown “will last for a very long time,” seeking...
Agreement signed with Switzerland to get Pakistanis’ bank details, Senate told
Islamabad: The Senate was informed Friday that a pact was signed with the Swiss government to get information with regard...
Johnson & Johnson shares tumble on cancer report
New York; Shares of Johnson & Johnson tumbled 12 percent and were on track to post their biggest percentage drop...
China to slash tariffs on US auto imports to 15%
Beijing: China has agreed to reduce tariffs on U.S. autos to 15%, down from 40% currently, during a phone call...
Nissan boss arrested over ‘misconduct’
Carlos Ghosn is head of the Alliance, which includes Nissan, Renault and Mitsubishi.Nissan chairman Carlos Ghosn has been arrested over...
Oil prices climbed as Saudi Arabia plans to cut production
Oil prices climbed on Monday as the world's biggest supplier Saudi Arabia announced plans to cut production, in the face...
Alibaba hits a record $1bn in sales in 85 seconds, and then just shy of $10bn in the first hour of the 24-hour spree
E-commerce giant Alibaba has set new sales records on Sunday for its biggest shopping day, the annual Singles Day. The...
Countries around the world are pushing back against China’s revival as a major global power.
China's sheer size and population make it a heavyweight, and a clear strategic rival to the United States. It is...
US-Britain-merger-media-Comcast-Sky Comcast becomes majority shareholder of Sky
New York, Oct 10:US cable giant Comcast on Tuesday said it was now the majority shareholder of pan-European satellite TV...
IMF-EU-eurozone-economy IMF slashes eurozone growth outlook
Brussels, Oct 9 :The IMF downgraded its growth estimate for the eurozone Tuesday as trade tremors and Brexit fears took...
Markets-world Markets sag on China, Italy, US rate concerns
New York, Oct 9 :Global stocks mostly fell Monday as worries about China and Italy added to unease over last...
Stocks-markets-HongKong-China-close Hong Kong stocks reopen with sharp losses
Hong Kong, Oct 2 :Hong Kong stocks ended sharply lower on Tuesday as investors returned from a long weekend to...
KPT-Shipping KPT shipping intelligence report
KARACHI, Oct 02 (APP):The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700...
Markets-world Oil extends gains, eyes on $100 a barrel, but Asia markets down
Hong Kong, Oct 2 :Oil prices built on gains Tuesday after another blistering rally but most markets were in retreat...
Markets-world Stocks charge higher on North American trade deal
London, Oct 1 :World stock markets pushed higher Monday on news of a historic trade deal between Canada and the...
Garmnets-Textiles Priority of the government is to enhance exports in textiles
ISLAMABAD, Oct 1 :The priority of the government is to enhance exports volume in textiles sector for increasing revenue and...
SCCI-President Newly elected president SCCI demands for business friendly policies, industrialization in KP
PESHAWAR, Sep 30 :Newly elected president of Sarhad Chamber of Commerce and Industry (SCCI), Faiz Muhammad has asked the government...
Export-Cement Export of cement rises 8.1% in two months
ISLAMABAD, Sep 30 :Export of Cement from the country increased by 8.01 percent during first two months of current fiscal...
Minister-Press Reforms agenda for economic stability: Fawad Ch
LAHORE, Sep 30 :Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain has said that the government was determined to...
Turkey-Economy Turkey’s foreign trade deficit down 59 pct in August
ANKARA, Sep 28:Turkey's foreign trade deficit saw an annual fall of 59 percent in August, the country's statistical authority announced...
Markets-world Asian markets fluctuate after Fed hike
Hong Kong, Sept 27 :Asian markets swung on Thursday as investors considered the prospect of more US interest rate hikes...
US-Uber-data-privacy-technology Uber to pay $148 mn penalty over data breach it concealed
New York, Sept 27 :Ride hailing service Uber agreed to pay record $148 million penalty over a massive 2016 data...
US-bank-economy-rate-trade-tariff Fed’s Powell: Hearing ‘rising chorus’ of concerns on trade
Washington, Sept 27 :The Federal Reserve is hearing a "rising chorus" of concerns from businesses around the country about uncertainty...
Stocks-markets-Japan-open Tokyo stocks open lower after winning streak
Tokyo, Sept 26 :Tokyo stocks opened lower on Wednesday after a recent winning streak that catapulted the key index to...
China-Trade China’s service trade deficit expands in August
BEIJING, Sep 26 :China continued to see a deficit in foreign service trade in August with the volume enlarged, data...
Report-ADB Growth holding up in Asia and the Pacific, trade tensions pose risks
ISLAMABAD, Sep 26 :Growth remains stable across most of developing Asia due to robust domestic demand, buoyant oil and gas...
