Gap pays almost no tax in UK since 2011 despite sales of £1bn
LONDON: Gap was founded in San Francisco in 1969 and trades on its wholeseome West Coast image AFP/Getty ImagesThe fashion...
Pak’s construction sector promising area for investment: Egyptian envoy
ISLAMABAD: Ambassador of Egypt to Pakistan, Sherif Mohamed Kamaleldin Shaheen has said that Egyptian companies considered Pakistan’s construction sector a...
Pakistan markets always very profitable for business: Malaysian envoy
LAHORE: Malaysian High Commissioner Dr. Hasrul Sani Mujtabar has said that Malaysia and Pakistan are potential markets and there is...
TDRO draft to be introduced in Parliament this year: Khurram Dastgir
ISLAMABAD: The government will introduce the draft of Trade Dispute Resolution Organization (TDRO) in the Parliament this year aimed at...
Colombian police seize cocaine hidden in banana shipment
BOGOTA: Colombian police seized 339 kilos (747 pounds) of cocaine found hidden in two separate banana shipments bound for the...
Obama budget cuts port funding by $269M
LONDON: Port advocates are unhappy with a $269 million funding cut that is included in President Obama's proposed budget for...
World Bank President addresses IBA students in Karachi
KARACHI: An interaction between Pakistan's university students and Dr. Jim Yong Kim, President of the World Bank Group, took place...
NMMA reports increase in engine shipments
WASHINGTON: On a rolling 12-month basis, U.S. outboard engine wholesale shipments were up 3.1 percent year-over-year through January. That figure...
Peruvian blueberry exports boom, increase over 200%
LONDON: Between the months of January and November of last year, blueberry exports from La Libertad, Peru amounted to over...
Czech exports reach record 3.9 trillion crowns in 2015
WASHINGTON: Czech exports reached a record 3.9 trillion crowns in 2015, an increase of 7.2 percent year on year. Although...
Egypt’s annual urban consumer price inflation falls to 10.1% in Jan
WASHINGTON: Egypt's annual urban consumer inflation fell to 10.1 percent in January from 11.1 percent the previous month, the country's...
Ghana’s consumer inflation rises to 19.0% in Jan
ACCRA: Ghana's annual consumer price inflation rose to 19.0 percent in January from 17.7 percent the month before on utility...
Unemployment in Poland climbs to 10.3% in Jan
WARSAW: Unemployment in Poland in January climbed to 10.3 percent, up from 9.8 percent in December, officials said on Monday....
Abu Dhabi plans to focus on visitors from India
ABU DHABI: Abu Dhabi plans to focus on visitors from India, China, Africa and the Arabian Gulf to compensate for...
Oman plans to invest heavily in developing industrial estates
MUSCAT: Oman plans to invest in developing new industrial estates and expanding existing ones to meet the growing demand for...
Finland’s exports decline by 4% in 2015
HELSINKI: The value of the country's exports declined by four per cent in 2015 compared to the year before, according...
Finland’s fuel consumption drops in 2015
HELSINKI: The consumption of petroleum products in the country reduced by 1.2 percent in 2015 compared to the previous year,...
Adjustment of lights can help avoid jet lag: Scientists
WASHINGTON: The American scientists have found the reason behind jet lag and suggested that exposure to short flashes of...
Vietnam telecom firms all set for 4G race
HANOI: Vinaphone's 3G subscribers could switch to 4G for free if within a week and use 4G at the same...
ANF recovers 11.4kg heroin, 107kg hashish in countrywide raids
ISLAMABAD: The Anti-Narcotic Force (ANF) has recovered 118kg drugs, including 11.4kg heroin and 107kg hashish and arrested six alleged...
