Friday , 19 January 2018
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Britain eyes new trade deals for Brexit in early 2019

Britain eyes new trade deals for Brexit in early 2019

“That’s the date I’m working to, which could be brought forward if necessary,” International Trade Secretary Liam Fox told the Sunday Times newspaper. This would involve triggering Article 50 of the EU’s Lisbon Treaty, which would start a two-year clock running on Britain’s exit from the bloc, by the end of this year. Before taking office last week following the ... Read More »

Boeing eyes rivals as it turns 100

At the top of the list is European archrival Airbus, which has topped Boeing in commercial orders in recent years and made inroads into the American market by building planes on US shores. Boeing also faces tough going in defense, having lost a US contract for the long range strike bomber to Northrop Grumman, and another from the US and ... Read More »

Nice attack overshadows Europe-Asia summit

Nice attack overshadows Europe-Asia summit

The Asia-Europe Meeting (ASEM), held every two years and which is celebrating its 20th anniversary, is supposed to be a venue for increasing cooperation across the Eurasian region and exploring ways to strengthen the global system of agreements that govern everything from trade to civil aviation. Counter-terrorism efforts had been due to be discussed, but the issue was given renewed ... Read More »

Pokemon GO could be next big marketing tool for retailers

Pokemon GO could be next big marketing tool for retailers

The augmented reality game from Japan’s Nintendo Co Ltd, where players walk around real-life neighbourhoods to hunt down virtual cartoon characters on their smartphone screens, has more than 65 million users in the United States just seven days after launch. That is more users than Twitter Inc, and the game is already helping local restaurants, coffee shops and small retailers ... Read More »

EU says to use all means against China steel exports

EU says to use all means against China steel exports

China, which makes more than half the world’s steel, is widely accused in Europe of dumping its production on world markets and violating trade agreements at the expense of local jobs. “The EU will defend its steel industry. We are not defenceless, and we will use all the means at our disposal,” Juncker told reporters in Beijing. He said there ... Read More »

Saudi reform drive confronts jobs challenge

Saudi reform drive confronts jobs challenge

The students at the Higher Institute for Plastics Fabrication (HIPF) learn to manufacture plastic bags, pipes, bottles and other products, skills they immediately put to work in what the government says is a unique model. Reducing the kingdom’s high unemployment rate is a foundation — and major challenge — of the government’s wide-ranging Vision 2030 reform plan unveiled in April. ... Read More »

Foreign exchange reserves not built with borrowed money, says Dar

Foreign exchange reserves not built with borrowed money, says Dar

“The country obtained 15.5 billion dollars in three years and paid back 10 billion dollars of loans secured by previous governments,” he said while addressing a ceremony at Federal Board of Revenue in Islamabad Dar said collection of Rs 3112 billion taxes during last year is a historic achievement. Read more: Dar unveils budget 2016-17, pitches GDP growth target at 5.7pc ... Read More »

New oil, gas discovery in KP announced

New oil, gas discovery in KP announced

Tal block assumes significance in the oil and gas exploration and production sector as it accounts for 23pc (20,000 barrels per day) of oil and 7pc (283mmcfd) of the country’s gas production. The operator said that the well has been completed. After stimulation through acid job, the well has tested 2,836 barrels per day of condensate, 19.26 mmscfd of gas ... Read More »

State Bank directed to issue commemorative coin in honour of Edhi

State Bank directed to issue commemorative coin in honour of Edhi

Governor State Bank Ashraf Mahmood Wathra visited Edhi Home in Methadar on Monday and offered condolences to Faisal Edhi and his family over demise of the iconic social worker.  As per reports, The SBP has issued 26 coins so far to commemorate national heroes and special occasions. Mr. Edhi’s death came as a great shock to the world and condolences ... Read More »