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DG Khan Cement reports Rs946m loss in Jul-Dec 2019
Decline in earnings driven by lower margins, high finance cost
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FrieslandCampina Engro Pakistan records loss of Rs954m
Company reports loss per share of Rs1.25 in 2019
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Furnace oil glut dents profits of refineries
National Refinery, Attock Refinery report losses for Jul-Dec 2019
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'K-Electric burdening national exchequer'
Senator says govt providing utility subsidised electricity, which has caused loss of Rs54b
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PIA to take $300m loan without govt guarantee
Consortium of international banks namely Credit Suisse, Mashreq Bank, Noor Bank to extend loan
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India telecom rivals see wild share swings after record losses
After Indian Supreme Court ordered both firms to pay a combined 920 billion rupees in spectrum and licensing fees
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Engro Corp’s profit surges 23% to Rs21.9b
Increase comes on back of jump in other income
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Frieslandcampina Engro posts loss of Rs808.8m
Earnings dented by lower-than-expected gross margins
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Beijing blasts claim about foreign firms
The business environment for foreign investment in China has been improving says Chinese FM spokesperson Geng Shuang
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Oil jumps briefly after reports of Iranian tanker attack
NITC says ship was damaged but stable and denied initial reports it had been set ablaze
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ADB, Pakistan sign $200 million loan agreement
Financing will lend support to BISP, institutional strengthening measures
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PTI govt suggests interest rate cut for female borrowers
Move will help them set up businesses under PM loan scheme
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Trade deficit narrows 35% to 5.7 billion in Q1
Imports decline but exports could not pick up pace
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PTI govt mulls incentives to revive construction sector
90% cut in tax liabilities on builders’ income earned from low-cost housing schemes planned
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Policy to compress imports drives down deficits
Efforts are needed to increase exports to sustain reduction in deficit in the long run
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SMEs, can cure economic ills
Country can set up SME, agri-zones in collaboration with China, Germany
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Policymakers fail to interact with citizens
Most politicians and bureaucrats do whatever they have already decided
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Lack of innovation leaves Pakistan uncompetitive globally
Innovation should be promoted to upgrade Pakistani products in global value chain
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Economic woes mount as debt, deficit stay high
Govt shows little interest in taking critical steps to prevent worsening of situation
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Restructuring Plan: Puerto Rico to reduce debt by 65%
The territory has been in dire financial straits under an ongoing economic crisis
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IPO turns harsh on unprofitable firms on US stock
Surprise postponement of WeWork IPO underscores how confidence is eroding
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President Alvi urges production of solar panels
President says country needs to make optimum use of the resource
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Weekly review: Muted activity drags index 40 points down
Gloomy economic outlook and uncertainty keeps investors on sidelines
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Spillover effect: world economies’ next big headache
Moody’s cites US-China trade war as a risk for Asian economies
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In swipe at Trump: Tariffs can plunge world into recession: China
Says Beijing is committed to resolving disputes in a rational manner
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Trump considers delisting Chinese firms from US markets
Major US stock indexes slipped following news
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Business forum concerned over declining FDI
Official says govt has failed to attract investment despite improvements
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Federal govt urged to reduce reliance on fossil fuels
Businessmen demand focus on renewable energy to boost industry and trade
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Contrasting outlook: Economists upbeat on growth prospects
Anticipate better GDP rate than global agencies for the current fiscal year 2019-20
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Brexit Uncertainty: UK rate cut ‘plausible’
BoE policymakers to vote for higher interest rates in 2017 and 2018
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Profit repatriation hits 4-month low at $138.2m
Decrease comes due to multiple rounds of rupee depreciation
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FFBL posts loss of Rs3.5 billion in FY19
Decline comes on back of dip in gross profit, uptick in finance cost
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Rain leaves trail of destruction
Seven killed in late night roof collapse; locals dissatisfied with govt efforts
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Loss of biodiversity
Climate change and environmental degradation has wreaked havoc to an immeasurable extent
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PIA’s revival a daunting challenge, says CEO
Reveals strategy has been evolved to turn around fortunes; studies revival plans of foreign airlines
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Byco looks to export excess furnace oil to minimise losses
Company produces only 20,000 bpd out of capacity of 155,000 bpd
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NBP unaffected by cyberattacks
Customers safe from any vulnerability and from all potential loss
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Uber pays $148m over data breach in latest image-boosting move
Prompting litigation that was eventually joined by officials from the 50 US states and the District of Columbia
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Pakistan loses business deal worth $940 million due to approval issues
Delays in regulatory approvals from PTA due to absence of proper head led to failure of transaction
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Zuckerberg loses more than $15 billion in record Facebook fall
The social media giants margin fell to 44 per cent in the second quarter from 47 per cent a year ago
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SC decides not to place former PIA managing directors on ECL
SC appoints economist Farogh Saleem as amicus curiae to dig out details
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Country suffered loss of Rs140 million due to Faizabad protest
Apex court to resume today hearing of a suo motu case against blocking of roads in Islamabad
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PIA business plan banks on bailout
Airline decides to shun loss-making routes, starts refurbishing old fleet
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Collapsed Monarch Airlines faced £100m loss: CEO
The airline declared bankruptcy on Monday after failing to secure fresh capital or sell the business
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Indian journalists, activists protest murder of Gauri Lankesh
'Journalism is nothing without courage, democracy is nothing without dissent, Lankesh had plenty of both'
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US dollar losing its lustre
'The dollar and US Treasuries are typically safe haven assets. But no one really wants to own the dollar right now'
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WorldCall losses shrink 88%
Company posts Rs1.26b loss, down from Rs10.63b
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Fauji Fertilizer posts Rs732 million loss
The result was below market expectations and the decline in earnings was due to lower DAP selling price
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State-owned power firms cause Rs11.7b loss to exchequer
Gas-based power stations remained on standby, losing potential to produce cost-effective energy
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No relief for people affected by fire in Tharparkar
300 homes were gutted on Wednesday but no relief goods have reached village