Business News ,Pakistan Stock market, Economic News, Financial News

'Castoro 10', which layed the Nord Stream pipeline in the Baltic Sea at the 'Kleines Buddelschiff-Museum'

US lawmakers want to put a cork in Russia's gas pipeline to Europe

The US House of Representatives is once again calling on the European Union to ban the Russia-led construction of the Nord Stream 2 natural gas pipeline and has called for sanctions against the project.

December 12, 2018
Published in Business

Economic Coordination Committee clears budget for NTC

Meeting of the Economic Coordination Committee of the Cabinet was held in Islamabad on Wednesday with Finance Minister Asad Umar in the chair.

December 12, 2018
Published in Business

China plucks Canada Goose caught in crossfire of Huawei arrest

Canada Goose stock saw a dramatic plunge after Chinese social media reportedly urged the country’s consumers to boycott the world-famous brand amid the recent detention of Huawei finance chief by Canadian authorities.

December 12, 2018
Published in Business

CNG Association Calls Protest Against Gas Cut

CNG association to protest today over the Sui Southern Gas Company (SSGC) decision to halt gas supply to CNG stations across Sindh for indefinite period of time.

December 12, 2018
Published in Business

Govt striving to boost exports and reduce imports for economic stability: Planning Minister

Minister for Planning Khusro Bakhtyar says the government is focusing on structural reforms in national economy in a holistic manner to put it on right track.

December 12, 2018
Published in Business

Russia OPEC-Non-OPEC Oil Production Cut Deal Within 4 Months

The Russian Energy Ministry considers it real for Russia to reach the target volume of oil production curtailment in accordance with the latest agreement reached by Organisation of the Petroleum Exporting Countries (OPEC) and non-cartel…

December 12, 2018
Published in Business

Industrial Cooperation Framework To Be Signed In JCC

Pakistan and China will sign an industrial cooperation framework during meeting of Joint Cooperation Committee on China Pakistan Economic Corridor (CPEC) scheduled next week on December 20 at Beijing, China.

December 12, 2018
Published in Business

European Stocks Surge Higher As Sterling Rebounds Dec 2018

European stocks charged higher on Tuesday, rebounding from the previous day's sharp downturn as bargain hunters, emboldened by solid US markets, pushed aside a plethora of global worries.

December 12, 2018
Published in Business

Russia Ukraine Gas Talks May Take Place In Late January

The next trilateral meeting on gas transit from Russia to the European Union through Ukraine could be held in the second half of January 2019.

December 12, 2018
Published in Business

Pakistan Stock Exchange remains bearish on Tuesday

The KSE-100 Index closed today at 38851.96 points as compared to 39299.63 points on the last working day with a negative change of 447.67 points.

December 11, 2018
Published in Business

Dawood invites Japanese investors to explore investment opportunities in Pakistan

Advisor to Prime Minister for Commerce, Textile, Investment, Industries and Production Abdul Razak Dawood invited Japanese entrepreneurs to explore huge opportunities in trade and investment in Pakistan.

December 11, 2018
Published in Business

EU foreign policy chief Federica Mogherini

EU will launch financial mechanism with Iran by year-end: Mogherini

The European Union will establish a mechanism to facilitate non-dollar transactions with Iran in the near future in an attempt to circumvent sanctions imposed by the United States against Tehran, EU foreign policy chief Federica…

December 10, 2018
Published in Business

PSX: Bulls take charge as stocks gain 738 points

In line with expectations, the Pakistan stock market staged a handsome rally of over 700 points on Monday, powering past the 39,200 mark.

December 10, 2018
Published in Business

US Dollar increases by 20 paisa in open market

The US Dollar on Monday had registered an increase of 20 paisa in open market after which green side is trading at Rs 139.80.

December 10, 2018
Published in Business