Business

KARACHI: The World Bank (WB) on Thursday raised alarms for Pakistan’s economy and predicted that inflation would increase to six per cent next year as it linked Pakistan’s bullish economic prospects with the continuation of reforms to address the current and

Oil markets were little changed on Friday, supported by ongoing supply cuts and strong demand, although the prospect of rising US shale output capped prices around recent gains. Brent crude futures LCOc1 were at $63.80 per barrel at 0252 GMT,

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, November 8, 2017. REUTERS/Brendan McDermid Wall Street dropped on Thursday, weighed down by losses in Apple and other technology stocks as investors turned their

The AT&T logo is seen on a store in Golden, Colorado, US, July 25, 2017. REUTERS/Rick Wilking/Files WASHINGTON/NEW YORK: AT&T Inc will not sell cable network CNN to win antitrust approval of its proposed $85.4-billion purchase of media company Time

Tax documents are seen prior to a House Ways and Means Committee markup of the Republican Tax Reform legislation on Capitol Hill in Washington, US, November 9, 2017. REUTERS/Aaron P. Bernstein WASHINGTON: The US Senate Republican tax cut plan being

LONDON: British shell companies have been linked to 52 money laundering scandals involving 80 billion pounds ($105 billion) in the past 14 years, according to researchers at campaign group Transparency International. Tax evasion and financial crime has shot to the

Pedestrians are reflected on an electronic stock indicator at the window of a security company in Tokyo displaying the current rate of Tokyo Stock Exchange, November 9, 2017. AFP/Toshifumi Kitamura LONDON: World stock markets were mixed on Wednesday as traders

A Snap Inc. banner covers the facade of the New York Stock Exchange (NYSE) in New York, US, March 2, 2017. AFP/Bryan R. Smith/Files NEW YORK: Snapchat parent Snap Inc. disclosed Wednesday that Chinese tech giant Tencent had taken a

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, May 18, 2017. REUTERS/Brendan McDermid/Files The S&P 500 approached its highest ever close on Wednesday as a rally in video game-makers helped offset doubts

The AT&T logo can be seen on a building in Los Angeles, California, US, August 10, 2017. REUTERS/Mike Blake/Files NEW YORK/WASHINGTON: The US Department of Justice is pushing AT&T Inc to sell Turner Broadcasting, parent of CNN cable network, or