The race for driverless autonomous vehicles is heating up and on Thursday Cruise became the first to receive a permit to test cars without anyone in them on the streets of San Francisco from California’s Department of Motor Vehicles. Cruise, which is majority owned by General Motors and counts Honda Motor and SoftBank Group as مزید پڑھیں

As a technology-driven rally brings U.S. stock indexes within striking distance of fresh records, concerns that big names are over-extended and that new regulation might be coming have some investors diversifying beyond the rally leaders. The S&P 500’s five biggest companies, Apple Inc AAPL.O, Microsoft Corp MSFT.O, Amazon.com Inc AMZN.O, Alphabet Inc GOOGL.O and Facebook مزید پڑھیں

Local auto manufacturers have asked the government to cut down taxes to reduce prices of cars and off-road vehicles in the country. The concerns were shared in a meeting organised by the government with local manufacturers seeking proposals to help reduce the prices of locally-manufactured vehicles. With the demand and supply balance tilting again in مزید پڑھیں

“The government is taking various steps to put economy on the path of sustainable growth and create employment opportunities for the youth, Finance Adviser Dr Abdul Hafeez Shaikh claimed We hope that the graph of unemployment will be reduced sharply in coming days,” he said while speaking to the office bearers and members of Lahore Chamber مزید پڑھیں

The State Bank of Pakistan (SBP) on Thursday announced that the foreign reserves in the country have witnessed a decline of United States Dollar (USD) 356 million in the week ending on October 09. According to a release shared by the SBP, the total liquid foreign reserves held by the country currently stood at US$ مزید پڑھیں

Adviser to the Prime Minister on Finance and Revenue Abdul Hafeez Sheikh has the whole world is appreciating economic growth of Pakistan. “Due to coronavirus our economy shrunk but we are reviving the economy”, Abdul Hafeez Sheikh said while addressing the members of the business community at the Governor House Lahore. He appreciated the role مزید پڑھیں

A slight decrease in fuel prices across Pakistan is recommended in a summary forwarded by OGRA to the Petroleum Division. From October 16, a slight decrease is likely in petrol prices across Pakistan as the government may slash prices slightly. The final prices of petroleum products, however, will be decided by the Ministry of Finance مزید پڑھیں

The rupee hit a five-month high on Wednesday as the dollar was trading at Rs163.20 in the interbank market, data from the Exchange Companies Association of Pakistan (ECAP) showed. “Steps taken by the State Bank of Pakistan are positive and the new rules and regulations discouraging illegal currency movement in the country have helped the مزید پڑھیں

The Pakistan Stock Exchange (PSX) on Tuesday ended the day on a negative note with the KSE 100 Index closing the day just over 40,000. The benchmark KSE 100 Index lost 203 points, or 0.51%, by the close of trading to reach 40,006. Close to 195.2 million shares had changed hands by the end of مزید پڑھیں

Pakistan is unlikely to fully benefit from $4.5bn financing package it secured about two and years ago from International Islamic Trade Finance Corporation (ITFC) owing to market limitations of the Jeddah-based agency. Pakistan and the ITFC on Monday signed about $400 million worth of two facilities to finance oil and liquefied natural gas (LNG) imports مزید پڑھیں