LONDON: UK state-owned bank RBS has reported a loss of £3.5bn for 2014, down from a £9bn loss the previous year. The results were hit by a £4bn writedown on the sale of its US business, Citizens.
The bank’s chief executive Ross McEwan confirmed he would not receive a bonus this year. But RBS will still pay out bonuses from a pool of £421m, which is some 21% smaller than in 2013.
KARACHI: Chairman of the Arif Habib Consortium, the entity owning Pakistan International Airlines (PIA), Arif Habib has said that the...
KARACHI: The Directorate General of Customs Valuation in Karachi has officially revised the customs values for lithium-ion batteries. Additionally, for...
KARACHI: Collectorate of Customs has seized gold jewellery, gold bars and foreign currency worth around Rs190 million at the arrivals...
ISLAMABAD: Inflation in Pakistan continues to surge amid rising tensions in the Middle East, with the weekly inflation rate increasing...
