USA Customs nabs smuggler with cocaine

CORPUS CHRISTI: U.S. Customs and Border Protection, Air and Marine Operations (AMO) agents detected a cocaine smuggling venture resulting in...

Iran to start sending 300,000 bpd of crude to EU

TEHRAN: Iran will start sending 300,000 bpd of crude to Europe, 54% of the total it shipped before authorities on...

Russian gov’t to introduce tax on sugar, palm oil

MOSCOW: In an effort to increase federal revenues, the Russian government is set to introduce taxes on unhealthful products, the...

Protests cost Rs2.5b: PIA flight op partially started despite strike

ISLAMABAD: Pakistan International Airlines (PIA) has started flight operation despite strike by the employees of the national flag carrier as...

More than half of Russians negative on state of economy: Poll

MOSCOW: More than half of Russians have a negative outlook for the economic situation, the highest amount since the country's...

More than a billion pounds a year ‘lost to Government due to wealthy Britons avoiding tax’

LONDON: More than a billion pounds a year is being lost to the Government due to wealthy Britons avoiding paying...

Iran oil sales top 300,000 barrels

TEHRAN: Iranian Oil Minister Bijan Zanganeh says Iran’s crude oil sales to Europe after the lifting of international sanctions on...

Rolls-Royce to cut dividend payouts

LONDON: Rolls-Royce is poised to cut its dividend payment to shareholders for the first time in almost 25 years, underlining...

EU proposals will force multinationals to disclose tax arrangements

BRUSSELS: US multinationals such as Google, Facebook and Amazon will be forced to publicly disclose their earnings and tax bills...

ANF foils smuggling bids at BB airport, seizes 34.7kg heroin

ISLAMABAD: The Anti-Narcotics Force (ANF) has foiled four bids to smuggle Rs222 million worth 34.7-kilogram heroin abroad at Benazir Bhutto...

More than 33 million smuggled cigarettes seized

ATHENS: The European Anti-Fraud Office (OLAF) worked closely with Greek and Cypriot authorities to track the shipment and seize more...

Colombian exports decrease 35% in 2015

BOGOTA: Colombia's exports decreased by a whopping 34.9 percent in 2015, the El Tiempo daily network reported citing government data...

Toyota’s net profit jumps to $16 bln in South Africa

CAPE TOWN: Toyota says its nine-month net profit jumped nearly 10 percent to 1.9-trillion yen ($16-billion), despite falling sales in...

PR likely to generate Rs 12 billion through freight trains

ISLAMABAD: Pakistan Railways will likely to earn more than Rs 12 billion revenue through freight trains during the ongoing fiscal...

Govt announces to cultivate 0.7m olive plants in Feb-March

ISLAMABAD: The government, under a mega project being supervised and implemented by Pakistan Agricultural Research Council (PARC), has announced to...

Rs 61b additional revenue: Govt makes 93.40% recoveries in power sector in 2015

ISLAMABAD: The government succeeded to make 93.40 per cent recoveries in power sector and generated additional income of Rs 61...

OGDCL can drill from 2,500 to 5,500 meters

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) has nine own rigs with the capacity to drill up to...

Youth asked to submit applications by 11th for one-year internship

ISLAMABAD: The government has the unemployed educated youth from across the country to submit applications by February 11 to avail...

Record fish sale witnessed