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China outraged after Brazil minister suggests Covid-19 is part of 'plan for world domination' Brazilian education minister Abraham Weintraub has sparked a row with China after suggesting coronavirus was linked to its ‘plan for world domination’.Photograph: Evaristo Sa/AFP via Getty Images
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Engro Shuts Down Karachi Office Why Tesla is worth more than GM Pakistan's Economy on the move?
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Oil prices to jump next week, speculations. The price of oil dropped on Monday after the delay of OPEC+ talks, with international benchmark Brent sliding 0.9 percent as of 8am GMT to $33.79 per barrel. WTI fell 1.4 percent to just under $28 a barrel Chairman Fauji Cement resigns. Fauji Cement Company Limited on Friday announced that Lt Gen Tariq Gilani will no longer serve as Director and Chairman of the Company, reports Pakistan's leading business daily Business Recorder.
Electric vehicles on Pakistani roads? Experts fear that government policy may allow influential politicians to import personal vehicles at nominal duty instead of nuch needed public sector pubic transport. India will replace Malaysian palm oil imports, says trade body Malaysian Prime Minister Mahathir Mohamad last month told the United Nations that India “invaded and occupied” Kashmir. Google deals Huawei major blow by cutting Android licence Google is set to revoke access to its Android mobile operating system from Huawei, dealing the Chinese company a major blow in accordance with US sanctions.
Nestle cuts hundreds of Pakistan staff amid global restructure. In Nestle Pakistan’s annual report released last month, the Lahore-based company said that it faced “increasingly difficult economic conditions and competitive pressures. Pakistan's economy witness significant increase, Forbes. Pakistan's economy has witnessed significant increase during the recent years, claimed a leading international magazine Forbes. Farming is a modern business. In many ways, the business of raising crops today is distinctly modern. Farmers use integrated pest management techniques to control pests without pesticides. S&P cuts Pakistan's credit rating to 'B-' from 'B'; keeps stable outlook S&P Global Ratings on Monday lowered Pakistan's sovereign credit rating one notch to 'B-' from 'B', citing diminished growth prospects and elevated external and fiscal stresses.
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Pakistan's best bank has ATM's out of service... ! The day Credit Suisse, one of the most prestigious financial company in the world, rated MCB Bank as the best bank in Pakistan, much of the ATM network of MCB was out of service or out of cash. The sorry state of Pakistan's banking reflects weak banking laws and a system devoid of customer protection. Rating of the Credit Suisse is misleading as the criteria for best bank remains that how less a bank spends to earn more. Not realizing that in Pakistan most of the banks keep their ATM's out of service with a purpose of holding-up the cash of customers. | |||||
Why the world has too much steel. The collapse in prices of steel is mainly the result of falling demands and also the rising production in China. |
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Bloomberg Businessweek exposes racial divide at Amazon! Within the city limits, Amazon appears to have a bias against black neighbour hood. |
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