Pfizer sees 2016 revenue, profit below estimates

BEIJING: China’s logistics sector continued to expand in January although the upcoming Spring Festival holiday affected business activity, an industry...

Eurozone jobless rate drops for 15th month

BRUSSELS: Unemployment across the 19-country eurozone fell in December for the 15th month running to its lowest level in a...

Xinjiang’s foreign trade grows 40% over 5 years

URUMQI: Xinjiang Uygur autonomous region in northwest China has made 770 billion yuan ($116.8 billion) from foreign trade from 2011...

Two IR officers assume charge as Second Secretaries

ISLAMABAD: Two Inland Revenue Service officers of BS 17-18 have assumed the charge as Second Secretary in Federal Board of...

China’s private sector salaries to rise 5-8% in 2016

BEIJING: Despite the expectation of slower GDP growth this year, niche professionals, especially those associated with digital technologies, are very...

China’s new wind power capacity rises 60% in 2015

BEIJING: China's newly installed wind power capacity reached a record high in 2015 amid increasing efforts from the government to...

US Customs seizes narcotics worth $357,680 in a week

BROWNSVILLE: U.S. Customs and Border Protection officers at the Brownsville Port of Entry intercepted four loads of alleged narcotics over...

US Customs seizes cocaine worth $197,000

PHARR: U.S. Customs and Border Protection, Office of Field Operations (OFO) at the Pharr International Bridge arrested a Reynosa, Tamaulipas,...

US Customs seizes marijuana worth $300,000

LAREDO: U.S. Customs and Border Protection (CBP) officers recently seized a significant amount of marijuana in a commercial shipment of...

Inflation becomes worst problem for Russians – Poll

MOSCOW: The number of Russians that consider high inflation one of the country's biggest problems increased sharply in January, a...

Russia’s official unemployment figure hits 1 million

MOSCOW: The number of officially registered unemployed people in Russia has grown by 3.4 percent over the past week, and...

BP to axe another 3,000 jobs as oil price condemns it to a record loss

LONDON: BP’s chief executive Bob Dudley warned that this year is also “going to be tough” as he revealed the...

Haroon Akhtar, Dr Irshad open control room at FBR to facilitate traders

ISLAMABAD: Haroon Akhtar Khan, Special Assistant to Prime Minister on Revenue, Tuesday inaugurated a control room-cum-operational room in the FBR...

SRB notices likely to deprive country from foreign exchange, warns Younus Bashir

KARACHI: President of the Karachi Chamber of Commerce and Industry (KCCI) Younus Muhammad Bashir, while appreciating numerous initiatives taken by...

IR, FATE Members ask traders to avail tax amnesty scheme

ISLAMABAD: Member Inland Revenue Policy Rehmatullah Wazir and Member Facilitation and Tax Education Wing Nadeen Dar Tuesday visited Rawalpindi Chamber...

NAB nabs three ‘suspects’ in Rs 160m HBL scam

MULTAN: The National Accountability Bureau Multan Tuesday arrested three ‘suspects’ for their involvement in Rs 160 million worth of...

11th tranche of $500m loan: Pak, IMF start dialogues on 10th review

ISLAMABAD: The dialogues between Pakistan and International Monetary Fund (IMF) on the 10th economic review Tuesday stated in Dubai...

SECP initiates 68 show-cause proceedings

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) Tuesday started 68 show-cause proceedings against companies, their auditors and...

Distributors ask govt to decrease LPG price