Saudi Aramco names first woman to head overseas office

RIYADH: Saudi Aramco, the world's top oil exporter, has appointed its first woman head of an overseas office, two sources with knowledge of the...

Cabinet approves Electric Motor Vehicle Policy

--PM tells bureaucrats not to be scared of NAB if they haven’t done anything ‘wrong’ ISLAMABAD: The federal cabinet on Tuesday approved the Electric Motor...

2020 will be a great year for Pakistan’s economy: Jahangir

LAHORE: Sahibzada Jahangir – who accompanied a delegation from Dutch oil giant Vitol last month –  has stated that the company has decided to increase its...

Venezuelans buy gas with cigarettes to battle inflation

CARACAS: Motorists in socialist Venezuela have long enjoyed the world’s cheapest gasoline, with fuel so heavily subsidized that a full tank these days costs...

Indians are going to the movies to ‘escape slowing economy’, says cinema owner

NEW DELHI: Cinemas are seeing brisk business even as India’s economy slows to a six-year low and unemployment swells, according to PVR Cinemas, the...

RIL to hand out free 4K TV sets as it threats streaming giants with...

MUMBAI: Three years after elbowing into the Indian wireless phone market with free calls and data, billionaire Mukesh Ambani is back at it. This time,...

Trump moves ahead with new tariffs on Chinese products

WASHINGTON: Washington moved ahead Sunday with new tariffs on Chinese imports as it stepped up a high-pressure campaign aimed at coercing Beijing to sign...

Elon Musk, Jack Ma talk aliens and AI, skip trade issues

SHANGHAI: Tesla CEO Elon Musk and Alibaba founder Jack Ma discussed Mars and artificial intelligence (AI) but steered clear of the US-China trade war...

Indian economy set for weakest quarter of growth in 5 years

NEW DELHI: The Indian economy likely expanded at its slowest pace in more than five years in the April-June quarter, driven by weak investment...

Malaysia files criminal charges against Goldman Sachs execs over 1MDB scandal

KUALA LUMPUR: Malaysia filed criminal charges Friday against 17 current and former directors of three Goldman Sachs subsidiaries, piling further pressure on the Wall...

Bank of Punjab president shown the door

ISLAMABAD: The State Bank of Pakistan (SBP) on Wednesday removed the Bank of Punjab (BOP) President Talib Rizvi. The central bank, in a statement issued...

Australia regulator sues Samsung, says water resistance ads misleading

CANBERRA: Australia's consumer watchdog has sued Samsung Electronics Co Ltd's Australian unit for allegedly misleading consumers by promoting water-resistant Galaxy smartphones as suitable to...

India eyes 8% GDP growth to be $5 trillion economy by 2025

In an ambitious bid to turn into a $5 trillion economy, the Indian government has eyed a sustained rate of 8% or more for...

ConsoliAds closes $1m investment deal for global expansion

ISLAMABAD: ConsoliAds – an intelligent, digital advertisement optimization platform – has announced that it has successfully closed a $1 million Series A investment deal led...

Govt taking measures to promote exports: Razak Dawood

LAHORE: Advisor to Prime Minister on Commerce, Textiles, Industries Production and Investment, Abdul Razak Dawood Wednesday said that the incumbent government is taking all...

PSX CEO Richard Morin calls it a day

KARACHI: Pakistan Stock Exchange (PSX) Chief Executive Officer and Chairman Richard Morin on Tuesday resigned from the post. According to sources, Richard Morin’s resignation has...

Asia’s worst-performing currency takes another hit

Pakistani Rupee (PKR) weakened to a record in an apparent devaluation, four days after the South Asian nation secured a bailout from the International...