Business News

German delegation meets Shehbaz Sharif

  • LAHORE, Nov 15 (APP):A high-level delegation of Germany here Wednesday called on Punjab Chief Minister Muhammad Shehbaz Sharif and discussed promotion of bilateral cooperation between Punjab government and Germany in different sectors including energy, transport, the auto industry and skills development. The delegation was jointly led by German Ambassador to Pakistan Mr. Martin Kobler and […]

  • US stocks fall on tax cut doubts, holiday shopping anxiety

    New York, Nov 15 (AFP/APP):Wall Street stocks tumbled early Wednesday on ongoing doubts about the prospects for US tax cuts, and worries about the holiday shopping season following a weak outlook from retail giant Target. Analysts described rising skepticism about the likelihood of US tax reform will be approved, following news the Senate bill would […]

  • Man killed over enmity

    SARGODHA, Sep 29 (APP): A man was killed over old enmity in Jhal Chakian police limits here on Friday. Police said that Muhammad Imtiaz Hamoka of Chak 82-NB had old enmity with Muhammad Riaz over some certain matters. On the day of incident the accused Riaz along with Mubashir Iqbal shot at and killed Imtiaz […]

  • SPI inflation increases 0.78 percent

    ISLAMABAD, Sep 29 (APP): The weekly inflation for the week ended on September 27 for the combined income groups increased by 0.78 percent as compared to the previous week. According to the data released by Pakistan Bureau of Statistics (PBS) on Friday, the Sensitive Price Indicator (SPI) for the week under review in the above […]

  • Eurozone inflation in September stable at 1.5%: Eurostat

    BRUSSELS, Sept 29 (APP/AFP) – Eurozone inflation was stable at 1.5 percent in September, still well below the European Central Bank’s 2.0 percent target, official EU figures showed Thursday. The figure published by the EU statistics agency Eurostat was lower than analysts’ predictions, with data company Factset having estimated a 1.6 percent rise.

  • British economy grows 0.3% in second quarter

    LONDON, Sept 29 (APP/AFP): Britain’s economy expanded 0.3 percent in the second quarter, unrevised official data showed Friday, as analysts said it was mired in the “slow growth lane” after last year’s Brexit vote. Gross domestic product growth for the first quarter, or April-June period, was however upgraded to 0.3 percent from 0.2 percent previously, […]