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Pakistan loses Rs24 billion a year due to illicit cigarette trade
Nielsen report says its share has grown 43.5% over last six years
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Issue of substandard wheat import remains unresolved
Questions raised over country’s transparency in import, export procedure
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South Korean chemical plant fighting for survival
After withdrawal of protection, Lotte Chemical has been suffering losses or the last 4 years
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Brazilian prosecutors sue BHP, Vale for US$43 bn over mine tragedy
Prosecutors file lawsuit against over the Samarco mine dam burst that killed 19 and wreaked environmental havoc
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EU court upholds new tobacco laws on packaging, menthol cigarettes
Philip Morris and the Polish government had lodged appeals against a tobacco directive by the EU
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Seven banks to pay $324 million to settle suit alleging interest rate manipulation
In all about 15 banks were named in the suit for alleged manipulation of the ISDA fix rate
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Air France KLM trims loss, warns of turbulence
Air France warned of doubts over fuel prices, some bloated routes and uncertainty over the economic and politics
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Iphone can be a handbag, Chinese court says in Apple case
Chinese court rules against Apple in a case it brought against a small maker of 'iPhone'-branded leather goods
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Google autonomous car project teams with Fiat Chrysler
Google autonomous test fleet will more than double with the addition of 100 new 2017 Chrysler Pacifica Hybrid minivans
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Obama faces looming trade row with China
Even if Obama avoids public spat, he faces prospects of presiding over the trade dispute during final months in office
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AIIB to co-finance first project in Pakistan
M4 project will connect other highways to Faisalabad and Multan
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Maritime infrastructure: Work on 600-ton Maritime Patrol Vessel initiated
Ship fully equipped to enforce security, another two to be launched soon
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Economic growth likely to touch 7% next year: Dar
According to finance minister, Pakistan focuses on growth and jobs despite security challenges
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Salaried persons could now come under the tax hammer
FBR considering charging higher rates of income tax from those who are outside the tax net
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Finance ministry opposes Mari gas supply to Engro
Argues fertiliser producer has not paid GIDC, filed court cases against govt
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Two Thar coal-based power projects approved
Government focuses on domestic energy resources in the long run
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Market watch: KSE-100 Index gains 330 points on institutional buying
Benchmark KSE-100 index closes at 34,897.30 points
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Ministry calls on pharma industry to report corruption
Says issues need to be resolved in regulation, monitoring and pricing.
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KASB Corp to buy back floating equity
Company says liquidity issues and meeting excessive regulatory and reporting requirements serves no purpose anymore
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Pakistan, China ink agreements worth $4.2b
Both projects fall on eastern alignment of CPEC and are critical for connecting Beijing with the port city of Gwadar
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Eurozone growth forecast cut as global risks, Brexit loom
Global risks including slowdown in China and the danger of Britain leaving the bloc are harming the economic recovery
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EU says 'Brexit' threat 'considerable' risk to European economy
Britain votes on June 23 in an in-out referendum on whether to stay in the EU
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Nigeria says lost $15 bn in military procurement fraud
The figure is more than half of Nigeria's current foreign exchange reserves of $27 billion
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China's AIIB to co-finance first project with ADB in Pakistan
AIIB will jointly finance major new highway in Pakistan in its first co-financed project with ADB
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France says EU-US trade pact talks likely to stop
The Greenpeace leak was a 'storm in a teacup' Brussels says
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TTIP: a proposed trade treaty in troubled waters
Will the ambitious TTIP, the world's largest trade pact, ever see the light of day?
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China, Japan growth to slow sharply in 2016, IMF warns
Government stimulus measures, lower commodity prices and low unemployment will help drive regional expansion
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US woman sues Starbucks for $5 mn over ice in cold drinks
Stacy Pincus accuses world's biggest coffee retailer of serving its customers 'much less than advertised fluid...
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US denounces 'wrong' views on TTIP leaks
The interpretations being given to these texts appear to be misleading at best and flat out wrong at worst: US
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Talk with WTO DG: Pakistan updating trade laws, says PM
The premier said Pakistan was actively pursuing regional integration and projects such as the CPEC
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April data: Only four mutual funds outperform KSE-100 index
Not a single equity fund posted net loss in the month
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Lots of trade avenues lost, says Iran envoy
Sees terrorism as common concern for both sides
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Market watch: Stocks fall as cement, banking, oil sectors come under pressure
Benchmark KSE-100 index drops 151.77 points
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Inflation highest in 16 months
Consumer Price Index rises 4.3% on the back of higher food cost
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WTO to help Pakistan enhance export capacity
Would impart training and provide support for exploring new markets
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HUBCO to set up 330MW coal power plant in Thar
Seeks approval of PPIB for the $500m mine-mouth project
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Pakistan has pumped 77b cubic feet of gas into system so far through LNG terminal
Company official makes pitch for imported LNG, says move ‘right one’
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China irked by delay in Gwadar project
Despite submitting bid several months ago, Pakistan continues to show lack of progress
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Iran and South Korea set to triple trade to $18 bn
The two sides decided to increase by three times the current trade volume of around $6 billion
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British firm's Korean unit apologises over poison deaths
The executive was slapped and pushed several times as the event descended into chaos
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Factbox: What is Bitcoin?
Bitcoin is a virtual currency that is created from computer code
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Australian confirms his identity as Bitcoin creator
The news ends years of speculation about a person who until now has gone by the name of Satoshi Nakamoto
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Oil prices start week on a low after recent rally
Oil prices dip Monday after enjoying strong rally last week
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Tear gas in Paris, Istanbul as tensions erupt on May Day
From Moscow to Madrid, workers chanted demands for higher wages, better conditions and more job security
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Greenpeace to release secret documents on contested EU-US trade deal
The leaked pages will be published online at 0900 GMT, Greenpeace said in a statement
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Vacuum : As ‘interest’ grows, quality textbooks needed on Islamic banking
Centres of excellence have been set up, but academic rigour found lacking
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Trade policy implementation poses daunting challenges
Export target looks over-ambitious and promised funds may not be released
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Panama Papers: Finding beneficiaries of offshore companies won’t be easy
Professionally trained corporate crime and fraud examiners need to be part of judicial commission
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Pakistan should not lag behind in developing economic ties with Iran
Any delay will allow India, which is already active, to fill vacuum
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Class action lawsuit: Facebook chided over Class C stock issuance
Lawsuit claims that the move will only further entrench Zuckerberg’s control

















































