Show continues at TEXPO Pakistan at Expo Center Lahore
LAHORE: On the 3rd day of the TEXPO Pakistan 2019, the show continued its momentum and buyers and sellers continued their business negotiations. Mr. Abdul Razak Dawood, Adviser to PM…
No other option but to approach IMF for assistance: Sheikh Rasheed
KARACHI: Federal Minister for Railways Sheikh Rasheed Ahmed has categorically said, “We are stuck in a lot of crises and it is a well-known fact that IMF conditions will be…
Locally assembled Changan vehicles to roll out in April: CEO Master Motor
KARACHI: “Master Motor Ltd. (MML) is all set to start local production of three vehicles Changan M-8, Changan M-9, and Changan Karvaan this month and our first locally assembled vehicle…
SHC dismisses K-Electric petition custom duties
KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan on Friday dismissed a constitution petition filed by M/s…
Suven receives court approval to buy assets of Rising Pharmaceuticals
HYDERABAD, INDIA: Suven Life Sciences Limited, a biopharmaceutical company provider of Contract Research and Manufacturing Services (CRAMS) for global life science companies, has received the US Bankruptcy Court approval of…
UIC’s subsidiary to acquire 24.27% stake in Marina
SINGAPORE: United Industrial Corporation Limited’s indirect subsidiary, S.L. Development Pte. Limited has agreed to acquire 24.27 percent shares of Marina Centre Holdings Private Limited for an aggregate consideration of S$485.33…
CIP Merchant Capital increases stake in Coro Energy
LONDON: CIP Merchant Capital has announced that it has subscribed for €4.05 million Tranche A Eurobonds issued by Coro Energy plc (Coro) for a total consideration of €3.44 million, representing…
Phil Higgins appointed CEO of Shearwater Group
LONDON: Shearwater Group PLC has announced that following a restructuring of the business, Michael Stevens, the Company’s current Chief Executive Officer, has agreed to step down from the Board and…
FBR notifies transfers and postings of BS-18/BS-17 officers of Pakistan Customs Service
KARACHI: Federal Board of Revenue (FBR) on Friday announced major reshuffle in Pakistan Customs Service (PCS) and transferred and posted 41 officers of BS17 and BS-18 with immediate effect and…
Pakistan equities decline 0.5% during the week
KARACHI: Pakistan Stock Exchange (PSX) benchmark KSE-100 index closed in green on 3/5 days and ended the week at 37,338pts down by 184pts, 0.5 percent for the week ended April…
AM Best affirms credit ratings of Nissan Global Reinsurance
OLDWICK: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Nissan Global Reinsurance, Ltd. (NGRe) (Hamilton, Bermuda). The outlook…
High Times to present at the 3rd Annual Benzinga Cannabis Capital Conference
LOS ANGELES (GLOBE NEWSWIRE) — Hightimes Holding Corporation, the most well-known brand in cannabis, announced that it will be presenting at the 3rd Annual Benzinga Cannabis Capital Conference, held on…
Los Angeles Times Book Prizes winners announced
LOS ANGELES–(BUSINESS WIRE)–The 39th annual Los Angeles Times Book Prizes were awarded at the University of Southern California’s Bovard Auditorium. The Book Prizes are committed to literary excellence, championing new…
Asad Umar holds meetings with multilateral donor agencies
WASHINGTON: Pakistan’s delegation led by Finance Minister Asad Umar had a second day of meetings during the IMF/WB spring meetings on Thursday at Washington, says a press release received issued…