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Oil prices rise, set for third weekly gain
Market is reacting to hopes that there will be more talks to discuss freezing output measures to support oil prices
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Apple's book, film services go dark in China
The services are closed by Apple at the demand of China's media regulator
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China seizes biggest share of global exports in almost 50 years
China's proportion of global exports rose to 13.8 percent last year from 12.3 percent in 2014
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Race for $39 bn Australian submarine contract hots up
International race between France, Germany and Japan to win contract to build new submarines is reaching a climax
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Italian firms keen to invest in various sectors
Dar welcomes interest, assures them of all cooperation on behalf of govt
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Foreign exchange: SBP’s reserves remain almost flat week-on-week
Total liquid foreign reserves held by the country stood at $20,779.8 million
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‘Quality audit key to good governance’
Minister meets Indonesian State Audit Board, assures of cooperation
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Fauji Fertilizer posts loss of Rs513.7m
In 1QCY16, results were below projected net loss after tax of Rs114 million with the deviation in topline
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Corporate results: Shell Pakistan records positive earnings
Company reports net profit of Rs21.26m in Jan-Mar 2016, against net loss of Rs750.07m in previous year
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Market watch: Dismissal of Army officers sparks panic selling
Benchmark KSE-100 Index falls 0.14%
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NEPRA likely to cut tariff by Rs2.78 per unit
CPPA submits petition to the regulator, seeks a cut in power tariff for March due to plunging oil prices
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How one textile company managed to shine when most others faded
Despite being faced by the same problems, one entity has stood out
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Flouting laws: Five years gone, external audit of KPT yet to be conducted
Probe body could not meet twice because of KPT chief’s ‘illness’
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SECP notifies draft of Public Offering of Securities Rules
Proposed rules will help develop primary market; placed for 30 days on website for public opinion
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Refineries mix cheaper oils with diesel, make billions
Consumers forced to buy poor quality, environmentally harmful products while paying higher prices for kerosene
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Tax those who are out of the net: business council
ABC seeks elimination of 8% minimum tax on services, increase in FDI
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Current account deficit shrinks 18.5%
Amounts to over $1.6b during July-March
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Fearing dollar flight, govt looks for Chinese financing
Move may delay power generation projects by 12 to 18 months
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Mauritius president invites textile exporters
Wants Pakistan to explore opportunities on business-friendly island
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Market watch: Heavy foreign selling sees index dive 109 points
Benchmark KSE-100 Index falls 0.33%
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Afghanistan losing interest in trade links with Pakistan
With Iran coming to the fore, country taking back seat in regional connectivity
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Broadband subscriptions near 31 million
All growth comes on back of 3G and 4G services
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Uber inks MoU with PITB
Move meant to bring economic opportunities for SMEs and individuals
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TIBL agrees to return Rs699m to Privatisation Commission
Comes as result of plea bargain with NAB
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Deregulation of petroleum industry recommended
Abbasi sees no quick fix to economic situation except for resolving energy crisis
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Dutch court quashes $50 bln award by Russia to Yukos claimants
District court in The Hague ruled that international PCA 'not competent' to rule in the matter
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German government sees economy growing by 1.7% in 2016, 1.5% in 2017
'The upturn in the German economy will continue both this year and next year' Gabriel says
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Saudi to take $10 billion foreign loan: report
It will be the first sovereign loan in at least 15 years to the kingdom, the world's biggest oil exporter
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Oil price's decline weighs on global stock markets
Stocks fall around the world as the price of crude declines
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EU set to charge Google over Android
EU is looking at whether Google gives unfair prominence to its own apps
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French prime minister hits back at bosses chief over labour bill
PM Manuel Valls criticised an attempt to derail talks about unemployment insurance
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Former US Treasury secretaries say Brexit would make Britain poorer and smaller
A vote to leave Europe represents a risky bet on the country's economic future: Fromer US Treasury secretaries
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Intel to slash up to 12,000 jobs in restructuring
Intel looking to shift to mobile, emerging technologies such as health care, wearables and other connected devices
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EU citizens fear Brexit more than the Brits: survey
78 percent of Germans, over two-thirds of Spaniards and almost six out of 10 French want Britain to stay in the EU
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China wants ships to use faster Arctic route opened by global warming
China is becoming one of the biggest mining investors in Greenland, agreeing a free trade deal with Iceland
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Japanese exports drop as strong yen clouds trade picture
Japan's overall exports fall nearly seven percent in March, largely owing to a pickup in the yen
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Crude falls in Asia as Kuwait oil workers end strike
Prices resume their decline after the Kuwait Oil Workers Union end their mass action
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Sanctions uncertainty hinders investor return to Iran
Iran remains on Washington's sanctions list notably for supporting terrorism and its human rights record
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Corporate results : MCB announces Rs6b earnings
The bank announced earnings per share of Rs5.5 in its quarterly earnings
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Engro Foods posts Rs1.1b profit for three months
Earnings up 4%, result higher than market expectations
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Neelum Jhelum project on track as 80% work done
Civil works of powerhouse, transformers hall to be completed in October 2016
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Al Baraka Bank begins due diligence of Burj Bank
Sources say Al Baraka, a small Islamic bank with 75 branches across Pakistan is likely to get the deal finalised
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Market watch: Range-bound trading continues
Benchmark KSE-100 index falls 30.35 points
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OGRA asks PSO to cancel franchise of expired licence holders
CNG association alleges PSO is demanding illegal payments
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FBR looking to milk more taxes
The move is estimated to increase the price of packaged milk by at least Rs8 per litre
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World Bank may extend Pakistan $100m loan for BISP
Preparatory mission of the lender already in the country
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Opportunities: Rozee.pk holds job fair for prospective employees
Online job portal hopes to register 1m people in a series of eight job fairs
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Suggestions: LCCI proposes policies targeting export growth
LCCI Vice President said that the export-oriented industries should be facilitated to the maximum in the budget
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Misleading ads: CCP issues notices to dairy drink producers
Says deceptive marketing has a direct impact on public at large
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Gas utility to collect Rs43 billion from consumers for laying LNG pipelines
OGRA gives approval, also allows 17.5% return on assets of utilities