Business

source: UPS Twitter WASHINGTON: US package delivery company United Parcel Service Inc said on Wednesday it expected to hire about 95,000 seasonal employees for the upcoming, crucial peak holiday season. These employees would support the expected increase in package volume

ISLAMABAD: The International Centre for Settlement of Investment Disputes (ICSID), an arm of the World Bank which offers arbitration and conciliation services for governments and private foreign investors’ disputes, has given its decision in favour of Turkish firm Karkey Karadeniz

The museum room is seen at the Diageo Cardhu distillery in Scotland March 21, 2014. Photo: Reuters  Diageo, the maker of Johnnie Walker whiskey and Smirnoff vodka, expects its first-half sales growth to suffer from the timing of Chinese New

Oil prices rose on Wednesday after Iraq’s oil minister said OPEC and other crude producers were considering extending or even deepening a supply cut to curb a global glut, while a report showed a smaller-than-expected increase in U.S. inventories. US

BEIJING: Banking regulators in Beijing and Shanghai have ordered local cryptocurrency exchanges to shut down, state media reported Tuesday, in the latest blow to the once flourishing Chinese market for virtual money. A Beijing-based regulator required all exchanges in the

People walk past Toys R Us in Times Square the day after Christmas in the Manhattan borough of New York, US, December 26, 2015. Photo: Reuters Toys ‘R’ Us Inc, the largest US toy store chain, filed for bankruptcy protection

NEW YORK: Vice President of General Electric (GE) met Prime Minister Shahid Khaqan Abbasi on Tuesday in New York, informed a press statement from the PM Media Office. During the meeting, the VP expressed interest in expanding business in Pakistan,

State Bank of Pakistan – File Photo  KARACHI: Foreign Direct Investment (FDI) climbed by 155% in the first two months of the fiscal year, State Bank of Pakistan (SBP) said in a statement on Monday. During this period, FDI jumped

Public anger against the billions of euros earned by online behemoths is growing louder in Europe and EU finance ministers meeting in Estonia pledged to make sure the companies pay a fairer tax. Photo: File TALLINN: Google and Facebook may

ISLAMABAD: The eighth round of China-Pakistan Free Trade Agreement negotiations finally concluded on a positive note on Friday, as the breakthrough in talks ended a two-and-a-half year stalemate. The second phase of negotiation which began on Sept 14 in Beijing,