Business

Prices plunged nearly 5% on Thursday, leaving market ripe for bargain pickers

Discusses ways to strengthen investment, coordinate global strategies to spur activity

Expects 2016 growth to be 1.6%, down from 1.7%

Hints at improvement in financial sector in next phase

Better-than-expected data boosts markets in the US and Europe

Airline says it will resume operation in a few months when smaller planes are inducted into fleet

Investors skeptical over fate of investments as public-private partnership model fails again

No interruption: PSO to ensure smooth fuel supply

Stabilising finances: Troubled Brazil targets tighter deficit 

Defunct cyprus airways: Russian airline acquires logo rights

May 2016: Germany’s trade surplus contracts as exports fall

Income tax liability: US authorities query Facebook

Moody’s halves growth forecast for next year, retailers worry over sterling

Businessman says budgets do not create jobs, introduce technology

$13.2m is highly concessionary credit, $10.8m is grant

Buildings knocked down to make way for riverside development

Crude inventories fell by 2.2m barrels in the week ended on July 1

Political uncertainty, new taxes blamed for dampening purchasing power

It will help strengthen country’s finances, maintain peg of Iraqi currency to US dollar

Updated policy will counter tax evasion and address tax secrecy

Shanghai exchange, Pakistan-Kuwait Co, others may acquire up to 40% stake.

Avast will offer to purchase all of the outstanding ordinary shares of AVG for $25.00 per share in cash

First Six Months Of 2016: German arms exports rise to €4.03b

Poland Economy: Slow eurozone, local policies pose risk

Brexit: Austria minister believes Britain will not quit EU

Brexit: Austria minister believes Britain will not quit EU

Africa’s biggest producer repairs infrastructure damaged in militant attacks

India’s Oil, Natural Gas Corp, IBV Brasil fight delay in troubled Brazil oil project

Record tax revenues, forex reserves achieved with the help of reforms.

Money ECB touts security of new 50-euro notes

It is commonly observed that ATMs stop working during the first week of each month

Too early to assess impact of Brexit on Nissan’s operations, says senior vice president

Interloop Dairies to launch milk brand, sees good prospects for packaged products

Says risks before UK referendum have started to materialise

KSE Stockbrokers’ Association president says there are no takers of TREC anymore

Dealers retailers feel exemption of sales tax on laptops increase in tax on mobile phone import make little difference

Monsoon rains: FPCCI concerned over lack of preparation

Currency: Rupee stable against dollar

Capital investment: Agro machinery to enjoy 50% subsidy

Benchmark KSE 100-share index rises 183.22 points

All these financial institutions served as primary dealers in the last fiscal year as well

Demands amendment to ITO 2001 nonetheless

Export of rice and meat soars in financial year 2015-16

It will help promote exports, create job opportunities

Asks govt to lobby Britain for continuing Pakistan’s GSP Plus status

Claims it was the opinion of an individual and was not the finding of report

Deal will take place at Rs120 per share, a discount of 26% to Engro Foods’ share price of Rs163 last week

Engro Corporation currently controls around 87% shareholding in Engro Foods while general public owns rest of shares

It implies lowering existing rates of income, sales and other taxes

Telcos need to tap innovative solutions that exist