Starbucks says no plan of opening store in Pakistan

KARACHI, Oct 23: Dismissing reports that created an undue frenzy on social media, Starbucks Corporation, an American coffee company and coffeehouse chain, denied that it...

SBP to issue Rs.10 regular coin from Monday

ISLAMABAD, Oct 23: The State Bank of Pakistan (SBP) will issue Rs. 10 regular coin from Monday (Oct 24) through the exchange counters of...

CPEC related exports to start soon at Gwadar port

China Pakistan Economic Corridor (CPEC) related exports will start soon from Gwadar port with ships arriving with construction material, said Custom Collector Gwadar Saeed...

Pakistan’s new air carrier to start flying by year-end

KARACHI, Oct 18: Serene Air has been granted a licence by the air travel authority to establish a private airline in Pakistan, said sources in...

Auto sales hit bump, fall 13pc in July-Sept

KARACHI, Oct 14: Auto sales fell 13 percent in the first quarter of the current fiscal year of 2016/17 after the government-backed Apna Rozgar...

OGDC touches new crude production record

ISLAMABAD, Oct 14: Oil and Gas Development Company (OGDC), the country’s largest explorer of hydrocarbons, has broken its own crude production record by churning out...

Toyota, Suzuki explore technology partnership

TOKYO, Oct 13: Japan's Toyota Motor Corp (7203.T) and Suzuki Motor Corp (7269.T) said they plan to explore a possible partnership, citing technological challenges...

US oil prices close at $51.35 a barrel

NEW YORK, Oct 11: US oil prices finished at their highest level of 2016 Monday after President Vladimir Putin said Russia was ready to...

Pakistan improves in corruption ranking

ISLAMABAD, Oct 11: Pakistan has witnessed improvement by four notches and has moved up from 126th to 122nd position in the corruption perception index 2016-17...

Pakistan seeks $1.7b investment for highway

ISLAMABAD, Oct 8: Pakistan is seeking foreign investment of $1.7 billion to build a new highway in the southern province of Sindh to supplement a...