Moody’s cuts indebted oil firm rating

MEXICO CITY (Reuters): Ratings agency Moody’s downgraded its rating for Mexico’s state-owned oil firm Pemex by two notches to B3…

3 months ago

Cisco to cut thousands of jobs

NEW YORK (Reuters): Network giant Cisco (CSCO.O), opens new tab is planning to restructure its business which will include laying…

3 months ago

S&P 500 ends above 5,000 points

NEW YORK (AFP/APP): The S&P 500 finished above 5,000 for the first time, extending a rally on solid earnings and…

3 months ago

Risks more balanced, no urgency on rate cuts

HURST, Texas (Reuters): Dallas Federal Reserve Bank President Lorie Logan said she is in no rush to cut interest rates,…

3 months ago

Global equities notch 3rd weekly gain; US yields up

NEW YORK/LONDON (Reuters): Global equities rose on Friday, with the S&P 500 crossing the 5,000-point milestone for the first time…

3 months ago

Gold rates decline by Rs.1,200 to Rs.214,300

F.P. Report ISLAMABAD: The per tola price of 24 karat gold decreased by Rs.1,200 and was sold at Rs.214,300 on…

3 months ago

MCB Islamic Bank posts phenomenal PTP of 10.6b

F.P. Report KARACHI: The Board of Directors of MCB Islamic Bank Ltd. in its meeting under the Chairmanship of Raza…

3 months ago

New govt will have to announce long-term economic plan: FRIA

F.P. Report LAHORE: The Ferozepur Road Industrial Association (FRIA) has said that the newly-elected government will have to put in…

3 months ago

Kabir: Islamic Emirate effectively recognized

KABUL (TOLOnews): The Deputy Prime Minister for Political Affairs, Mawlawi Abdul Kabir, said Afghanistan’s political and commercial relations with some…

3 months ago

Haqqani stresses need for education

KABUL (TOLOnews): The head of the National Examination Authority, Abdul Baqi Haqqani, emphasized the importance of contemporary education in the…

3 months ago

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