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Category: Business

EU trade surplus with US reaches new record in 2018

DNA BRUSSELS The EU’s trade surplus with the United States reached a record level in 2018, data showed Friday, increasing the risk that US President Donald Trump’s...

Trade between Pakistan & Nepal be increased as per potential

Online Lahore Lahore-Chairman Pakistan Industrial & Traders Associations Front (PIAF) Mian Nauman Kabir has said that bilateral Trade agreements are very much...

Carpet association demands single country exhibition in Saudi Arab and gulf countries

Online LAHORE Pakistan Carpet Manufacturers and Exporters Association (PCMEA) welcoming Saudi Crown Prince Muhammad bin Salman tour to Pakistan said the government...

Junaid Makda disappointed over unjust relocations

DNA KARACHI President KCCI Junaid Esmail Makda, while expressing sheer disappointment on unjust relocations of the affectees of anti-encroachment drive, rejected the...

Pak- achieves all FATF targets ahead of meeting in Paris

DNA ISLAMABAD Pakistan has achieved all targets set for the federation by the Financial Action Task Force (FATF), however a few targets set for the provinces could not...

Thomas Cook enlists three banks to prepare airline sale: source

LONDON: Thomas Cook has enlisted Credit Suisse, Morgan Stanley and Bank of America Merrill Lynch to explore the possible sale of its airline business, a source familiar...

Turkish Central Bank Changes Reserve Levels to Encourage Lending

ANKARA: The Turkish central bank changed its reserve rules to boost credit growth amid signs of a deepening slowdown in the Middle East’s largest economy. The lira...

Citigroup Switches up its Markets and Securities Teams in China

Beijing: Banking giant Citigroup announced two key changes to its Chinese business. Ji Yang has been appointed Head of Markets and Securities Services and Vicky Tsai...

HNA cuts stake in Deutsche Bank to 6.3 percent – SEC filing

FRANKFURT: Chinese conglomerate HNA has cut its stake in Deutsche Bank to 6.3 percent, according to a filing with the U.S. Securities and Exchange Commission. That marks...

Bullet train to be started from Karachi to Hyderabad: Rashid

HYDERABAD: Minister for Railways, Sheikh Rashid Ahmed has said that he is committed to start bullet train service from Karachi to Hyderabad. Addressing a ceremony at...