Business

BMW picks insider Zipse as CEO to catch up with rivals

By The Frontier Post | July 20, 2019

Monitoring Desk FRANKFURT: BMW (BMWG.DE) has named Oliver Zipse as its new CEO, continuing the German carmaker’s tradition of promoting production chiefs to the top job even as the auto industry expands into new areas such as technology and services. Hailing Zipse’s “decisive” leadership style, BMW hopes the 55-year-old can help the company regain its…

Read More

Asian markets rally on fresh hopes for steep Fed rate cut

By The Frontier Post | July 20, 2019

Monitoring Desk HONG KONG: Asian markets rallied Friday as comments from a top Federal Reserve official were pounced on by investors as indicating the central bank will unveil a deep interest rate cut at the end of the month. John Williams, the influential vice chairman of the Fed’s policy-setting board, said in a speech that…

Read More

Fertilizer industry lends support to govt and farmers

By The Frontier Post | July 20, 2019

F.P. Report ISLAMABAD: The fertilizer industry has voluntarily held back the impact of recent gas price increase, to prevent backlash of recent gas price hike from farmers. This was agreed on request of Advisor Industries, Razzaq Dawood. The Advisor has assured the industry about settlement of GIDC effective 01 July to mitigate the loss to…

Read More