Business

ISLAMABAD: A staff mission of the International Monetary Fund (IMF) would be visiting Pakistan on Monday (April 29) for negotiations on a three-year bailout package for economic reforms…
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German Chancellor Angela Merkel will be joined by French and Norwegian ministers Tuesday to officially open a massive wind farm in the Baltic Sea, a key project for her country´s…
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ISLAMABAD: Pakistan’s exports dipped by 11.13 percent on a year-on-year basis in March 2019, flattening at $17 billion in the first nine months of this fiscal year despite devaluation…
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Dubai’s Emirates NBD said on Wednesday it will buy Turkey’s Denizbank from Russia’s Sberbank at a roughly 20 percent discount to a previously agreed price, after a steep fall in the…
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Singapore Airlines says it has grounded two of its Boeing 787-10 aircraft due to engine issues. The carrier said in a statement on Tuesday that “premature blade deterioration was…
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Bitcoin burst to its highest level in almost five months on Tuesday, sending smaller cryptocurrencies up, with analysts ascribing the move to a major order by an anonymous buyer that…
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PARIS: Louis Vuitton said Thursday they were pulling Michael Jackson-themed clothes from a new collection in the wake of the Leaving Neverland documentary, which revived claims that the…
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Moody’s Investors Service has changed its outlook for the banking system in Pakistan (B3 negative) to negative from stable. “Over the next 12-18 months, banks in Pakistan will see…
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PESHAWAR: Finance Minister Asad Umar on Monday said the government had not stopped PayPal from entering into the Pakistani market. “PayPal is not stopped on my desk, the State Bank…
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LONDON: Private investment firm China Pakistan Investment Cooperation (CPIC) has launched a bus campaign in Central London to promote the booming port city of Gwadar in Pakistan as…
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