Business

Position themselves for more unexpected kinks in road to recovery

Largest decentralised finance company raises funds with input from US institutional investors

Small firms remain mostly safe

Gains were capped by coronavirus situation in major oil consumer India

Hiring comes after nearly one year amid observations raised by Establishment Division

Decline in import of luxury cars providing level playing field for SUV makers

Economy expected to grow 2% against SBP’s earlier projection of 3% for FY21

A Xiaomi spokeswoman said the company is watching the latest developments closely, without elaborating

“Think there’s a skew to the data due to the Colonial (pipeline) outage”

FPCCI stresses need for new laws that have been stuck in parliament for 15 years

Two countries implement pilot project for goods supply via Afghanistan

Say sales revenue has dropped sharply because of restrictions

Research firm upgrades Lucky Cement, adds TRG Pakistan in global indexes

Court annuls order from bloc’s antitrust authority to recoup taxes from retail giant

Bypasses ministry to allow Punjab to undertake four development projects

Hopes that economy and demand will recover have allowed Brent to climb

Colonial Pipeline hopes to restart operations by end of week

Investors worry central banks may wind back ultra-loose policies

Company collaborates with Wise, Western Union to offer payments

New lobbying group created to press for govt chip manufacturing subsidies

Working to restore much of its operations by the end of the week

Plans to remove dollar indexation for rate of return

Default cases surged in 1QCY21 despite schemes to get loans deferred and rescheduled

WAPDA chief voices hope cheap electricity generation will stabilise tariff

PCJCCI says Beijing’s example should be followed to protect economy amid virus

PM aide praised exporters for making it possible under difficult global conditions

Funding will help develop infrastructure, hydropower projects

Tech-led global stocks sell-off also weighed on crude oil market

World’s largest exporter faces rising temperatures, erratic rainfall and insect infestations

Jumped more than 6% to just below $4,175, and was last up around 2%

Carmakers worldwide had to adjust or suspend production due to chip shortage

Pandemic-induced surge in house prices raises fears of new bubble

Both benchmarks rose more than 1% last week

Lufthansa shareholders this month approved a potential capital increase

Adviser commended the efforts of the trade and investment

Growers body suggests Sindh should install telemetry system on all canals

Will become operational in next few months to strengthen security features

Finance minister directs provinces to ensure daily release of wheat at subsidised rates

Auto firm insists Chinese cars are gradually gaining popularity with consumers

Middleman does not deserve all the contempt that is heaped upon him

Colonial Pipeline’s main fuel lines remained offline after attack that shut the system

Country must revisit full spectrum of foreign investment policy to woo investors

Pakistan should open economy, adopt market-oriented policies

Islamabad can benefit greatly as Riyadh opens for economic partnerships, talent hunt

Experts estimate bilateral trade can potentially grow up to $40b in short time

EU parliament’s resolution for reviewing the preferential scheme for imports from Pakistan has triggered some panic

With price surging over 350% this year, it has second-largest market capitalisation

Firm plans to increase production of medium-haul jets from third quarter

Global chip shortage worsens before easing in second half of year

Slowdown likely due to shortage of workers and raw materials