Business

SoftBank gets $7.6 billion T-Mobile stake windfall, shares soar

TOKYO (Reuters): SoftBank Group Corp (9984.T) said it would receive shares in telco T-Mobile US (TMUS.O) worth some $7.59 billion…

5 months ago

Russia says redirected most oil exports to China, India

MOSCOW (AFP): Russia has redirected its oil exports from Europe to China and India, Deputy Prime Minister Alexander Novak said…

5 months ago

Gold rates up by Rs.300 to Rs. 219,600 per tola

F.P. Report ISLAMABAD: The per tola price of 24 karat gold increased by Rs.300 and was sold at Rs. 219,600…

5 months ago

Steady recovery continues: Rupee gains 15 paisa against Dollar

F.P. Report ISLAMABAD: Pakistani Rupee on Tuesday witnessed the 10th consecutive recovery session as it gained 15 paisa against the…

5 months ago

PSX witnesses bearish trend— loses 2,534 points

F.P. Report ISLAMABAD: The 100-index of Pakistan Stock Exchange (PSX) witnessed bearish trend on Tuesday, losing 2,534.12 points, a negative…

5 months ago

POL import bill shrinks by 16.19%

F.P, Report ISLAMABAD: The imports of the overall petroleum group contracted by 16.19 per cent during the first five months…

5 months ago

Annual home prices rise again

NEW YORK (Reuters): Annual home prices in October rose again, pointing toward continued recovery of the housing market, data on…

5 months ago

OGDCL installs water filtration plant

F.P. Report ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL), Pakistan’s premier Exploration and Production (E&P) company in the…

5 months ago

Ethiopia becomes Africa’s latest sovereign default

LONDON (Reuters): Ethiopia became Africa's third default in as many years on Tuesday after it failed to make a $33…

5 months ago

Maersk: Shipping giant prepares to resume operations in Red Sea

DUBAI (Reuters): Denmark’s Maersk (MAERSKb.CO) is preparing to resume shipping operations in the Red Sea and the Gulf of Aden,…

5 months ago

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