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ISLAMABAD: The federal government has asked the Apex Court to declare 49-year lease of Pakistan Railways (PR) land to the...

Business on 100% cash: SECP allows KSL to start trading

KARACHI: the Securities and Exchange Commission of Pakistan (SECP) has allowed KASB Securities Limited (KSL) to start business again after...

1400mcf gas shortfall: SNGPL bans new connection, 140mcf gas discovered in Badin, says MD

LAHORE: Sui Northern Gas Pipelines Limited (SNGPL) Managing Director Arif Hameed has said that ban on new connections have been...

11-day ‘needless’ strike at Nigerian ports causes colossal losses

byAlvina Sajid

LAGOS: Public Relations Officer of the Nigerian association Mr. Simeon Nwonu termed the strikes a s “needless”, which had been...

FBR faces shortage of vehicles for newly promoted officials

byM Arshad

ISLAMABAD: The Federal Board of Revenue (FBR) is facing acute shortage of vehicles for officers recently promoted to Grade-20. “Moreover...

100% electric-powered Mitsubishi XR-PHEV no more a concept car

LOS ANGELES: Mitsubishi has made plenty of good vehicles over the years, but this time it has brought this angular...

Apple iPad Air 2 confronts Google Nexus 9, Samsung Galaxy Tab S10.5, Sony Xperia Z2

NEW YORK: Apple’s much-awaited tablet iPad Air 2 has given a tough time to rivals Google, Samsung and Sony. Readers...

Android 5.0 Lollipop rolls out for Nexus 7/LTE 3G models in Dec

NEW YORK: To maintain its quality in the world of technology, Android 5.0 Lollipop has begun to roll out for...

Lexus unveils 400-plus-horsepower topless Gold LF-C2 to beat own SC 430 coupe

LOS ANGELES: Having angular front headlights and villainous front grille, the Lexus Future – Coupe 2 (LF-C2) Concept car has...

Toyota unveils $57,500 hydrogen-powered Mirai to replicate Prius success

TOKYO: Toyota Motor Corp has left its counterparts behind by introducing the world’s first car that is run on hydrogen...

iPhone 7 to hit market before next Christmas with $849 price tag

NEW YORK: Though the iPhone users have not bored of the Apple’s latest gadget iPhone 6 so far, yet this...

Renault-Nissan Alliance sells 200,000th EV

AMSTERDAM: Renault-Nissan Alliance, that seizes 58 percent of the global EV market, has sold its 200,000th electric vehicle (EV). Renault...

400 horsepower BMW M2 to hit hard Mercedes-AMG and Audi RS3

BERLIN: The German automaker BMW is all set to hit hard Mercedes-AMG A45 and the second generation Audi RS3 with...

€450,000 Lexus SC to be a carbon fiber car

NEW YORK: Lexus will manufacture the LF-LC perception but it will not be the alternate of LFA. New reports state that...

Porsche, BMW, Mercedes, Mitsubishi unveil concept cars with price tags from $63,000 to $200,000

LOS ANGELES: All luxurious brands including Porsche, BMW, Mercedes, Maserati and Jaguar have launched their concept cars recently. Limited...

Apple’s 6th generation iPod touch to hit market in spring 2015, iWatch in fall 2015

NEW YORK: The iPod 6th generation was expected to hit markets in September, but Apple didn’t look comfortable with the...

Pak-China economic corridor offers plenty of opportunities to investors: Spain envoy

ISLAMABAD: Spain is ready to help Pakistan in infrastructure development of renewable energy, communication networks, Ambassador of Spain, Javier Carbajosa...

General Electric sells 1.47m shares to Polish Bank BPH at $ 12.6/shr

WARSAW: BPH said in a statement on Wednesday that General Electric Co sold 1.47 million or 1.9 percent shares of...

PAF to induct 200 JF-17 Thunder jets to replace ageing F-7s, Dassault Mirage-III: PAC chief

KARACHI:The head of Pakistan Aeronautical Complex (PAC) said on Tuesday that PAF intends to induct at least 200 JF-17s into...

In all-Airbus 45-aircraft fleet, Finnair inducts 8 more Airbus A350-900 worth €1.9b