Economy

REUTERS: Over 19,000 of Amazon's frontline workers tested positive for the novel coronavirus, said the company on Thursday, grabbing headlines around the world. Some staff, elected officials and unions in recent months have said Amazon put…
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The State Bank of Pakistan has allowed overseas Pakistanis to open Roshan Digital Account in Euro currency as well, says a press release received from Paris. At the launching ceremony of Roshan Digital Account held at the Embassy of…
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A delegation of 10 leading Chinese companies undertaking business ventures in critical sectors including energy, communication, agriculture, science and technology, financial sector and industry called on Prime Minister Imran Khan on…
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ISLAMABAD: Mobile phone manufacturing company Samsung is "actively considering" setting up a smartphone assembly plant in Pakistan, revealed Federal Minister for Industries and Production Hammad Azhar on Thursday. "Smartphone…
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ISLAMABAD: The federal government on Friday announced that it has appointed Brigadier (retd) Shuja Hassan as the new chief executive officer (CEO) of Pakistan Steel Mills. "The Federal Government has been pleased to appoint Brig. (retd)…
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ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved a proposal by the Ministry of Energy for revision of prices of petroleum products on fortnightly basis instead of the existing monthly basis. The ECC chaired…
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Gold prices soared in Pakistan and around the world on Monday, as the spike in coronavirus cases in the US and other countries as well as recent tensions between Beijing and Washington saw the price of the metal increase to a record number.…
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DHAKA: Bangladesh opted for Pakistan’s onion supplies in November 2019 after India imposed a ban on its export, a media report said. This was the first time that Bangladesh imported agriculture items from Pakistan in the last 15 years.…
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An Indian court has summoned Alibaba and its founder Jack Ma in a case in which a former employee in India says he was wrongfully fired after objecting to what he saw as censorship and fake news on company apps, documents seen by Reuters…
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Pakistan has signed two financing agreements valuing US$ 750 million with the World Bank (WB) and the Asian Infrastructure Development Bank (AIIB) for the Resilient Institutions for Sustainable Economy (RISE) program. The World Bank will…
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AFP: Airlines strapped for cash due to the ongoing COVID-19 pandemic have begged for help from customers and voiced fear that they could go bankrupt as it is becoming increasingly difficult to pay back clients for cancelled flights. "We…
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More than 60,000 new COVID-19 infections were reported on Wednesday and U.S. deaths rose by more than 900 for the second straight day, the highest since early June
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Malaysia’s aviation regulator has temporarily suspended pilots employed by domestic airlines who hold Pakistani licences, after the government of the South Asian nation revealed that many pilots had dubious qualifications. The Civil…
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Irregularities found in pilot licences at Pakistan International Airlines (PIA) represent a “serious lapse” in safety controls, global airlines body IATA said on Thursday after the carrier grounded one third of its pilots. “We are…
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Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh has said that the government is aiming to improve the business environment in the country by providing ease of doing business and facilitating businesses by…
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