Business

US President Donald Trump (L) arrives with Treasury Secretary Steven Mnuchin prior to signing financial services executive orders at the Treasury Department in Washington, US, April 21, 2017. REUTERS/Kevin Lamarque/Files WASHINGTON: A senior US Treasury official on Wednesday criticized the

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, May 18, 2017. REUTERS/Brendan McDermid/Files NEW YORK: Major stock indexes edged up to post record closing highs on Wednesday with sector moves in the

File photo  ISLAMABAD: The sale of cars in the country rose to 50,640 units during the first quarter of fiscal year 2017-18 compared to the sale of 41,405 units during the same period of last year showing an increase of 22.3 per cent.

BERLIN: Volkswagen will make its three mass-market brands more distinct to reduce overlaps and defuse tensions within the carmaking group, its chief executive said on Thursday. The German company is striving to make savings and become more efficient to help

Walt Disney Co plans to cut about 200 jobs at unit ABC and other cable networks, according to a source familiar with the matter. The largest number of layoffs will be in operational areas, but there would be no job

KARACHI: The ongoing political situation in the country has increased the open-market dollar rate to Rs107.50. On the other hand, the State Bank of Pakistan (SBP) has said they will not decrease the value of the Rupee. A delegation of

KARACHI: Pakistan’s growth momentum is expected to remain intact, but there is a growing risk of widening of twin deficits due to superfluous imports and increase in public spending, the central bank said on Thursday. The State Bank of Pakistan

The Google logo is seen on a smartphone in front of a displayed HTC logo in this illustration taken September 21, 2017. REUTERS TAIPEI/SINGAPORE: When HTC Corp brought back founder Cher Wang two years ago to turn around the struggling

Staff members applaud customers as they arrive to purchase Apple’s new iPhone 8 after it goes on sale at an Apple Store in Shanghai, China, September 22, 2017. REUTERS/Aly Song SAN FRANCISCO/SYDNEY/TOKYO: Apple Inc’s launch of the iPhone 8 kicked

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, September 21, 2017. REUTERS/Brendan McDermid/Files NEW YORK: The S&P 500 closed slightly higher on Friday even though Apple was a drag, as worries about