China’s Huawei Technologies is in early-stage talks to sell its premium smartphone brands P and Mate, two people with direct knowledge of the matter said, a move that could see the company eventually exit from the high-end smartphone-making business. The talks between the world’s largest telecommunications equipment maker and a consortium led by Shanghai government-backed مزید پڑھیں

In a bid to revive the CNG sector, the government has abo­lished restrictions on fresh licences, but all the stations are likely to be shifted to imported re-gasified natural gas from the natural gas in phases. The Oil and Gas Regulatory Autho­rity (Ogra) has started to implement the decision of the Economic Coor­dination Committee (ECC) مزید پڑھیں

In a bid to revive the CNG sector, the government has abo­lished restrictions on fresh licences, but all the stations are likely to be shifted to imported re-gasified natural gas from the natural gas in phases. The Oil and Gas Regulatory Autho­rity (Ogra) has started to implement the decision of the Economic Coor­dination Committee (ECC) مزید پڑھیں

State Bank of Pakistan (SBP) Governor Dr Reza Baqir announced Thursday that the interest rates would remain unchanged at 7%. Speaking in a press conference after the monetary policy committee’s (MPC) meeting, Dr Reza Baqir said the decision was taken keeping in mind the current situation. The current interest rate may remain at the same مزید پڑھیں

Ankara has imposed advertising bans on Twitter, Periscope and Pinterest after they failed to appoint local representatives in Turkey under a new social media law, according to decisions published on Tuesday. Under the law, which critics say stifles dissent, social media companies that do not appoint such representatives are liable for a series of penalties, مزید پڑھیں

The government on Friday announced to increase the prices of petrol, diesel, and other petroleum products for the remaining two weeks of January. The prices of petrol have been increased by Rs3.20 per litre, whereas diesel prices have been increased by Rs2.95 per litre. The price of kerosene oil has been hiked by Rs.3, while مزید پڑھیں

Moody’s Investor Service on Wednesday forecast Pakistan economy will grow by 1.5pc during the current fiscal year and found Pakistani banks to be stable owing to government support but banking sector risks were growing. “Economic activity will remain below pre-outbreak levels, although the economy should return to modest 1.5pc growth in fiscal year 2021,” Moody’s مزید پڑھیں

The Oil and Gas Regulatory Authority (OGRA) has put a proposal to hike prices of all the major POL products in the country,, citing sources. Sources privy to the development said that the OGRA has sent a summary to the petroleum division seeking an increase in the fuel prices from January 16. The OGRA has مزید پڑھیں

Expressing optimism about the country’s economic outlook despite the fallout from the coronavirus pandemic, Governor of the State Bank of Pakistan Dr Reza Baqir has said the country is in talks with International Monetary Fund (IMF) to put the fiscal support programme back on track. With dwindling foreign exchange reserves and struggling economy, Pakistan entered مزید پڑھیں

Tesla Inc chief and billionaire entrepreneur Elon Musk surpassed Amazon.com Inc’s top boss Jeff Bezos to become the world’s richest man, Bloomberg News reported on Thursday. Including Thursday’s gains in Tesla shares, Musk had a net worth of more than $188.5 billion, $1.5 billion more than Bezos, according to the report. Musk’s personal wealth has مزید پڑھیں