Home / Business (page 10)

Business

China approves nine IPO applications

BEIJING: China’s securities regulator has approved IPO applications from nine companies, which will raise no more than 4.9 billion yuan (around 740 million US dollars) in the A-share market. Five companies will be listed on the Shanghai Stock Exchange, and four on the Shenzhen’s ChiNext, a NASDAQ-style board, according to ...

Read More »

At least 20 dead in ‘huge’ Mogadishu blast

MOGADISHU: More than 20 people were killed when a car bomb exploded on a busy street in Somalia’s capital Mogadishu on Saturday, a police official said. “Initial reports from emergency departments indicate more than 20 bodies picked up off the street and many more are under the wreckage of buildings ...

Read More »

Saudi keeps options open on Aramco IPO

RIYADH: Saudi Arabia is keeping its options open on the sale of Aramco shares, a spokesman for the state-owned oil giant said Saturday, following reports that the IPO could be limited to the Riyadh stock exchange. “A range of options, for the public listing of Saudi Aramco, continues to be ...

Read More »

Dutch slam Windows 10 for breaking privacy laws

THE HAGUE: Dutch authorities claim Microsoft’s Windows 10 operating system is violating data protection and privacy laws, and warned they may impose fines on the US technology giant. “Microsoft breaches the Dutch data protection law by processing personal data of people that use the Windows 10 operating system on their ...

Read More »

Mehwish Hayat to continue TV despite success in film

LAHORE: Film star Mehwish Hayat has said that although she has been very successful in film, she will continue working for television. Talking to APP here on Saturday, she said that TV dramas and serials could serve as an academy for the film artistes. She said that her performance on ...

Read More »

CM expresses grief over death of Nusrat Jahan

LAHORE: Punjab Chief Minister Muhammad  Shehbaz Sharif on Saturday expressed grief and sorrow over  the death of renowned actress of popular drama  series `Ainak Wala Jin’, Ainak Wala Jin. Paying tribute to talent of the actress, he said she had amused the children for a long time through her acting ...

Read More »

Heatwave comes to an end in Karachi

KARACHI: The heatwave in Karachi has come to an end with drop in the maximum temperature, an official of the Met Office said here on Saturday. He said that the maximum temperature in the city on Saturday was recorded as 37.5 degrees Centigrade whereas it was 40.3 degrees Centigrade a ...

Read More »

CPEC guarantees Pak economic security

LAHORE: Parliamentary Committee on CPEC Chairman Senator Syed Mushahid Hussain said on Saturday that China-Pakistan Economic Corridor was a guarantee to bright future, economic security and prosperity of Pakistan. He was speaking at a seminar on ‘CPEC: Prospects of Pakistan’s Prosperity and Economic Stability’, organised by Nazaria-e-Pakistan Trust (NPT) here ...

Read More »

Pakistan delegation attends annual meetings at World Bank/IMF

ISLAMABAD: Pakistan delegation comprising Finance Secretary Shahid Mahmood, Governor State Bank of Pakistan (SBP) Tariq Bajwa and Secretary Economic Affairs Division Arif Ahmed Khan participating in the 98th Ministerial meeting of G-24 in Washington DC held various bilateral discussions on the sidelines of the IMF/World Bank Annual meetings on October ...

Read More »

PML-N govt determined to end energy issues: PM

KARACHI: Prime Minister Shahid Khaqan Abbasi Saturday said the PML-N government had promised to mitigate energy crisis in the country when it came to power. “Today, our endeavors are not only leading the country towards energy self-sufficiency but also towards efficient energy self- sufficiency,” he observed with satisfaction during a ...

Read More »