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BUSINESS
Americans have more debt, need family help to buy homes
WASHINGTON: Americans are waiting longer to buy their first homes, have more debt and more often need family help…
Pakistan to get IMF loan’s second tranche by end of this year
ISLAMABAD: International Monetary Fund’s (IMF) first assessment of Pakistan’s economic progress ends on a positive…
Japanese companies likely to spurn Saudi Aramco IPO
TOKYO: Japanese companies are unlikely to invest in Saudi Aramco’s blockbuster initial public offering (IPO)…
TAQA Reports AED13 Billion Revenues In Nine Month 2019
Abu Dhabi National Energy Company, TAQA, announced today its financial results and operational highlights for the…
Forbes lists Pakistan one of the best countries for social entrepreneurs
Forbes, a global media company focusing on business, investing and entrepreneurship has termed Pakistan’s…
Xi, Macron unite on climate after US withdraws from Paris pact
BEIJING: Chinese leader Xi Jinping and French President Emmanuel Macron declared on Wednesday that the Paris…
Xi pledges wider market access, free-trade deals
SHANGHAI: President Xi Jinping on Tuesday pledged to further open China’s economy, declaring the world must “knock…
IndiGo, Qatar Airways to announce strategic deal
NEW DELHI– India’s largest airline, IndiGo and Qatar Airways will make a strategic business announcement on…
‘Working less’: Microsoft finds ‘boosted sales’ after trying radical idea
TOKYO: In a country notorious for overwork, Microsoft Japan trialled a radical idea: working less. And it found…
High Gold Price, Strong UAE-Dirham Lead To Fall In Jewellery Demand
The Jewellery Demand In The UAE. Gold jewellery demand in the UAE fell 21 per cent in the third quarter of 2019 to…
India’s biggest airline says systems down, likely to hit operations
BENGALURU: India’s largest airline IndiGo said its systems were down across the network since Monday morning, and…
Over 35 Pakistani companies to attend China Import Expo
Over 35 Pakistani companies will showcase their products at the week-long second China International Import Expo,…
Saudi Aramco value in bank research varies by more than $1 trillion
Valuations for Saudi Aramco vary by more than $1 trillion, according to fund managers who have seen banks’…
Pak-Qatar Ministerial Commission on trade, technical coperation begins
The two-day session of 5th Pak-Qatar Joint Ministerial Commission on Economic, Trade, and Technical Cooperation…
Gold inches down Rs80 per tola
KARACHI: Gold prices in the domestic market decreased by Rs80 to Rs87,800 per tola on Monday. Rate of 10 grams…
Airline giant IAG agrees to buy Spain’s Air Europa
British Airways owner IAG agreed Monday to buy Spain’s Air Europa for 1.0 billion euros to expand routes to Latin…
Food delivery providers can’t stomach low returns
As third-quarter earnings season rolls on, a paradox confronts the restaurant industry. On the one…
Chinese conglomerate buys Thomas Cook brand for £11 million
Chinese conglomerate Fosun has snapped up the Thomas Cook brand for £11 million ($14.2 million), weeks after the…
Google taps fitness tracker market with $2.1 billion bid for Fitbit
Alphabet Inc-owned Google will buy Fitbit Inc for $2.1 billion, as the biggest Web search company looks to take on…
Saudi Crown Prince approves announcement of Aramco IPO
DUBAI/RIYADH: Saudi Arabia’s Crown Prince Mohammed bin Salman on Friday agreed that the initial public offering of…