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France ready to cut Renault stake
Le Maire’s comments came only days after Fiat Chrysler pulled the plug on a proposed merger with Renault
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Facebook to cut off Huawei
The social media giant said it took the step after President Donald Trump’s order barring Huawei from US technology
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‘Iran has no plans to leave OPEC’
Fellow members have treated Iran like an enemy alleges Oil Minister Bijan Zanganeh
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Govt has no option but to slap at least 7.5% GST
Exporters and local suppliers divided over issue of withdrawal of tax concessions
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Green light on 5G use to fast-track China's future
Ministry grants licences to China Broadcasting Network and country's top three telecom operators
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Wall Street rallies as rate cut likely
The US added just 75,000 net new positions in May, less than half the 180,000 economists had been expecting
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BMW sells cars globally despite tariffs
Company official says no reason to change Mexico plans in wake of US threats
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Industry opposes more taxes on beverages
BMG chief believes it will lead to industry’s closure, cause unemployment
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Electric vehicle push could add $1.3b to power bills by 2040: study
Consumers will likely foot the bill to meet demand from Norway’s growing fleet of electric cars
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International business tycoons to arrive in Pakistan this month
Special assistant says huge FDI will come from Egypt, Malaysia and Gulf states
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Govt mulls tax levy on middlemen’s income
Could also increase tax on interest income to 30%
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Shanghai Electric to finally acquire K-Electric this year
Govt accepts demand of Chinese firm to revise tariff upwards for end-consumers
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Europe's 5G to cost $62b more if Chinese vendors banned
Report says this is also expected to delay the technology by about 18 months
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Trump to decide on $300b China tariffs after G20 meeting
Trade war escalation has wiped out more than $1.5tr in investments worldwide
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Oil rises as Saudi Arabia signals OPEC deal extension
Falih told conference $60 a barrel was too low to encourage investment in industry
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US firms fret as China’s FedEx probe heightens frictions
Business associations are fielding growing inquiries on how to navigate trade dispute
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PSX: Two listed firms to buy back shares at higher price
Share buyback by Arif Habib Ltd, Arif Habib Corp expected to revive investor confidence
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Start-ups need to learn how to pitch ideas
Turning a technological solution into big business requires funding
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US gears up for antitrust battles with Big Tech
It can result in legal battles aimed at reining in giants such as Google, Amazon and Facebook
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Subsidy for exporters to continue in FY20: Dawood
Adviser to Prime Minister on Commerce Abdul Razak Dawood says economic situation should have improved at a faster pace
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World’s biggest firms foresee $1tr in climate cost
Survey suggests many companies have underestimated the dangers
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PTI govt may face criticism for preferring Qatar LNG
Should have hired a consultant to analyse LNG prices quoted by all suppliers
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Pakistani expats exempted from biometric verification
SBP suggests alternative measure for verifying their bank accounts
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SBP turns down FBR request for data of account-holders
Revenue collector found that hardly 10% of over 50m bank account holders were tax filers
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Understanding the dying patwari system
The Express Tribune speaks to agriculturalist Mian Asif Sharif to know about its origin in the Indian subcontinent
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Oil prices fall amid economic slowdown
Get some support after Riyadh says consensus is emerging about extending supply cuts
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US trying to level playing field with China: Pompeo
Dutch counterpart says tariffs will hurt global trade
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PTI govt rejects proposal of banning wheat export
Flour mills were seeking the ban due to damage to the staple crop
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Business forum calls for policy to take economy above $1tr
Official says amnesty schemes no solution to the issue
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PSX proposes savings fund to attract Rs5tr investment
It will give a push to slowing economy, turn around world’s worst performing stock market
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Debt servicing to hit record Rs2.8 trillion
IMF conditions responsible for high cost of retiring foreign loan
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Inflation up 9.1% in May
Raises questions over SBP’s move to increase discount rate to 12.25%
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China blames US for setback in trade talks
Says Washington should take responsibility for setback in trade talks
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Huawei to sell undersea cable business, buyer's exchange filing shows
It is Chinese company's first major asset sale since the US accused it of espionage
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Oil prices edge higher as Saudi reassurances stem decline
Riyadh indicates OPEC+ will continue managing global crude supplies to avoid surplus
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Pakistan needs strategy for manpower export
Many job opportunities are emerging in the region and beyond
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Smugglers find new ways to get illegal phones registered
Air travellers complain other mobile phones are being registered on their passport numbers
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The need to address systemic economic issues
It will ensure exchange rate stability on a sustainable basis
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Another IMF bailout and then what?
For long-term results, govt will need to take guidance from other countries
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PM Imran woos traders to contribute to economic development
Imran says government considers restoring the trust of the business community top priority
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IMF wanted 600bps interest rate hike: Asad Umar
Former finance minister says international lender’s conditions were tougher in Oct
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‘British Airways return is testament to Pakistan's improving security situation’
UK envoy Thomas Drew posts video message on Twitter a day before airline's first flight set to touch down in...
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Home-based businesses told to get commercial leases
Commercialisation will change utility tariffs too
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Businesses roar for bakers, sweet sellers
Demand for food items such as sweets and cakes always increases on Eid
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Total broadband users in Pakistan hit 70 million
Cellular subscribers increase 1.26% to 161m by end of April 2019
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Exporters open CDC accounts for tax refund
Bonds would mature after three years from the date of issuance
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PTI govt to provide relief, improve tax receipts
ADB, World Bank expected to provide $2-3b in assistance
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Punjab to trim some taxes
Minister insists provinces must mobilise own resources
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Businessmen to meet PM Imran on zero-rated facility
Fail to convince finance adviser not to withdraw tax exemption
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FBR to simplify tax regime to broaden tax base
Proposes to offer educational institutions, jewellers, SMEs, builders to pay lower than standard tax rates