• Business

    Dutch cities spy beauty in trash recycled for parks, crafts

    AMSTERDAM: When Magdalena was clearing out her home in Amsterdam, she took her old clothes and other household waste to a recycling hub, knowing it wo... Read More

  • Business

    Russian oil firm seeks dollar alternative amid US sanctions threat

    MOSCOW: Russian oil producer Surgutneftegaz is pushing buyers to agree to pay for oil in euros instead of dollars if the need arises, apparently as in... Read More

  • Business

    Invesco to buy OppenheimerFunds

    BOSTON: Invesco Ltd plans to buy MassMutual unit OppenheimerFunds, a Financial Times publication reported. Invesco and MassMutual declined to comment ... Read More

  • Business

    Blackstone looks to manage $1trln

    NEW YORK: Blackstone Group LP, the world’s largest manager of alternative investments such as private equity and real estate, said on Friday it ... Read More

  • Business

    Caterpillar leans on old playbook

    CLAYTON: Six months into the U.S. tariffs on imported aluminum and steel, Caterpillar Inc (CAT.N) is finding that one of the best ways it can protect ... Read More

  • Business

    Google defends Gmail data sharing

    WASHINGTON/SAN FRANCISCO: Alphabet Inc’s Google gave details about its policies for third-party Gmail add-ons but stopped short of fully address... Read More

  • Business

    ?Blade problem affects gas turbines?

    NEW YORK: General Electric Co has said that turbine blade oxidation which forced Exelon Corp to idle four electric power units in Texas also affects a... Read More

  • Business

    Nigerian oil unions threaten strike

    ABUJA: Nigeria´s two main oil unions have prepared their members for possible nationwide industrial action over a staffing dispute with Chevron,... Read More

  • Business

    White House optimistic on China trade; no date for more talks

    WASHINGTON: The United States is optimistic about finding a way forward in its trade dispute with China, but it does not have a date scheduled for fur... Read More

  • Business

    Copper up

    Beijing : Shanghai copper prices rose sharply, tracking a jump in London in the previous session and hitting a one-month high, while zinc climbed more... Read More

  • Business

    Oil mixed

    Beijing : Oil prices inched up as concerns that producers may not be able to cover a shortfall in supply once U.S. sanctions on Iran kick in outweighe... Read More

  • Business

    Gold rises

    Bengaluru : Gold prices rose along with equities as the U.S. dollar softened, with markets showing little worry over the latest escalation in the U.S.... Read More

  • Business

    Dollar weakens

    LONDON: The dollar neared a seven-week low against a basket of other currencies, while commodity currencies advanced on relief that the latest round o... Read More

  • Business

    As new iPhones go on sale, studies reveal chips from Intel and Toshiba

    SAN FRANCISCO: Apple Inc’s latest iPhones hit stores around the world on Friday, featuring components made by Intel Corp and Toshiba among other... Read More

  • Business

    Point of View

    We’re going to bring back into public ownership rail, water, energy and mail. We will get this legislation through in the first (policy programm... Read More

  • Business

    OPEC and allies struggle to pump more oil as Iran supply falls

    ALGIERS: OPEC and its allies reduced oil output in August as a drop in Iranian supply due to U.S. sanctions derailed their attempts to raise productio... Read More

  • Business

    US taps Lerrick as IMF acting executive director

    WASHINGTON: U.S. Treasury official Adam Lerrick has been tapped by the Trump administration to serve as the country’s acting executive director ... Read More

  • Business

    Britain tells European Union to engage seriously on Brexit

    LONDON: Britain said on Saturday it would not capitulate in Brexit talks and again urged its EU partners to engage with its proposals, as ministers in... Read More

  • Business

    Govt restores gas supply of closed fertiliser plants after a year

    LAHORE: After suspension of over a year, natural gas supplies to closed urea plants have been restored, brightening prospects of meeting peak urea dem... Read More

  • Business

    OECD trims economic outlook over trade and emerging market woes

    PARIS: Global economic growth has peaked out in the face of rising trade frictions and emerging market turbulence, the OECD said on Thursday, trimming... Read More

  • Business

    Trump says OPEC producers must bring prices down

    WASHINGTON: U.S. President Donald Trump linked American support for Middle Eastern countries to oil prices on Thursday as he again urged OPEC to lower... Read More

  • Business

    Malaysia?s inflation rate rises 0.2pc

    KUALA LUMPUR: Malaysia´s consumer price index in August rose 0.2 percent from a year earlier, the slowest growth in three-and-a-half years, afte... Read More

  • Business

    Alibaba doubles down on chips

    HANGZHOU, China: Alibaba Group Holding Ltd will set up a dedicated chip subsidiary and aims to launch its first self-developed AI inference chip in th... Read More

  • Business

    Adecco sees slowdown in growth

    ZURICH: Adecco has seen a slowdown in growth so far in the third quarter, the world´s largest staffing company said on Wednesday ahead of an inv... Read More

  • Business

    Danske Bank CEO quits

    COPENHAGEN: Danske Bank´s chief executive Thomas Borgen quit on Wednesday in a money laundering scandal which involved 200 billion euros ($234 b... Read More

  • Business

    Yemen central bank nearly doubles interest rate to halt riyal plunge

    ADEN: Yemen´s central bank, based in territory controlled by its exiled government, nearly doubled its interest rate on Wednesday in an effort t... Read More

  • Business

    UK annual inflation hits six-month high

    London: Britain´s annual inflation rate unexpectedly hit a six-month high in August, official data showed Wednesday, catapulting the pound as ma... Read More

  • Business

    China says won?t weaken currency to boost exports

    TIANJIN, China: China will not stoop to competitive devaluation of its currency, Premier Li Keqiang stressed, hours after China hit back, with a softe... Read More

  • Business

    Copper jumps

    Beijing : Shanghai copper prices rose sharply on Wednesday, tracking a jump in London in the previous session and hitting a one-month high, while zinc... Read More

  • Business

    Oil up

    Beijing/Singapore : Oil prices inched up on Wednesday as concerns that producers may not be able to cover a shortfall in supply once U.S. sanctions on... Read More

  • Business

    Gold gains

    Bengaluru : Gold prices rose on Wednesday along with equities as the U.S. dollar softened, with markets showing little worry over the latest escalatio... Read More

  • Business

    Dollar lowers

    LONDON: The dollar neared a seven-week low against a basket of other currencies on Wednesday, while commodity currencies advanced on relief that the l... Read More

  • Business

    Rupee stable

    The rupee remained stable against the dollar on Wednesday, owing to dull trading activities in the foreign exchange market, dealers said.The rupee end... Read More

  • Business

    Apple?s new iPhones a slight notch above the X

    SAN FRANCISCO: The absence of a striking new feature left major tech blogs and newspapers lukewarm on the new XS range of Apple Inc’s iPhones in... Read More

  • Business

    Point of View

    Unfortunately, a (Brexit) no-deal scenario is still quite possible. But if we all act responsibly, we can avoid a catastropheDonald TuskEU Council pre... Read More

  • Business

    China?s ?reform deficit? lamented

    Beijing: Foreign companies cannot compete on a level playing field in China because the world´s second-largest economy is stuck in a \"reform de... Read More

  • Business

    Clariant to form JV with SABIC

    ZURICH: Switzerland´s Clariant will merge its high-performance materials business with that of new anchor shareholder Saudi Basic Industries Cor... Read More

  • Business

    Brexiteers start campaign

    LONDON: Brexiteers who support a clean break with the European Union have launched a nation-wide advertising campaign in an attempt to force Prime Min... Read More

  • Business

    EU lays out WTO reform ideas to rein in US, China

    BRUSSELS: The European Commission published its ideas on Tuesday for reforming the World Trade Organization to counter market distortions, such as in ... Read More

  • Business

    OPEC chief says Iran still ?very important? as US sanctions loom

    Fujairah, UAE: The head of OPEC said Tuesday that Iran remains \"a very important member\" of the oil cartel, as Tehran braces for a new round of US s... Read More

  • Business

    India, US closing in on package deal to remove trade irritants

    NEW DELHI: Indian farmers and U.S. manufacturers of medical devices could be among the main winners in a trade package under negotiation, as Washingto... Read More

  • Business

    Maple Leaf Cement?s full-year profit drops 4.2 percent

    Maple Leaf Cement Factory Limited’s profit fell 4.2 percent to Rs4.572 billion with EPS of Rs7.92 for the year ended June 30. Maple Leaf Cement&... Read More

  • Business

    Copper slips

    Manila : London copper drifted lower for a third session running on Tuesday after the United States imposed new tariffs on about $200 billion of Chine... Read More

  • Business

    Oil dips

    Beijing/Singapore : Oil markets slipped on Tuesday as the latest escalation in the Sino-U.S. trade war clouded the outlook for crude demand from the t... Read More

  • Business

    Gold falls

    Bengaluru : Gold prices fell on Tuesday as investors sought safety in the U.S. dollar amid concerns of slowing global trade after the United States im... Read More

  • Business

    Dollar weakens

    LONDON: The dollar fell for a second consecutive day and the euro gained on Tuesday after U.S. President Donald Trump escalated his trade war with Chi... Read More

  • Business

    Rupee unchanged

    The rupee ended unchanged against the dollar on Tuesday, as importers were reluctant to buy foreign currency, owing to new duty imposition on a number... Read More

  • Business

    Audi launches electric SUV in Tesla?s backyard, with assist from Amazon

    SAN FRANCISCO: German luxury car brand Audi on Monday staged the global launch of a new electric sport utility vehicle on the home turf of rival Tesla... Read More

  • Business

    Point of View

    British businesses will pay a heavy price if the government fails to protect their access to a European workforce at all skill levels in the futureSad... Read More

  • Business

    China imposes retaliatory tariffs on $60 billion in US goods

    Beijing: China on Tuesday announced tariffs on US goods worth $60 billion in retaliation for President Donald Trump´s decision to slap duties on... Read More

  • Business

    Wapda?s hydel generation hits all-time high

    LAHORE: Hydroelectric power generation at the stations, owned and operated by Water and Power Development Authority’s (WAPDA), hit a record duri... Read More

  • Business

    Trump claims tariffs successful as China battle intensifies

    Washington: US President Donald Trump on Monday hailed his aggressive use of tariffs as a success for American business, amid reports he plans to dras... Read More

  • Business

    Macron?s ?tough love? to jobseeker fuels French reform debate

    PARIS: French President Emmanuel Macron´s quick tongue has repeatedly landed him in trouble since he took office, but he shows no signs of backi... Read More

  • Business

    Copper falls

    Beijing :Three-month copper on the London Metal Exchange fell as much as 1.9 percent to $5,861.50 a tonne and stood at $5,895.50 a tonne as of 0704 GM... Read More

  • Business

    Oil eases

    Beijing: Global oil prices eased in early Asian trading on Monday on concerns that the United States is poised to impose additional tariffs on China, ... Read More

  • Business

    Gold up

    Bengaluru: Gold inched up on Monday as investors looked for short-term gains using the metal´s recent narrow trading range, amid increasing Sino... Read More

  • Business

    Dollar gains

    SYDNEY: The dollar held above a recent 1-1/2 month trough against a basket of major currencies on Monday as investors awaited details on a new round o... Read More

  • Business

    Point of View

    Let me be clear, compared with today’s smooth single market, all the likely Brexit scenarios will have costs for the economy and to a lesser ext... Read More

  • Business

    Rupee firm

    The rupee ended steady against the dollar on Monday due to the lack of triggers in the currency market, traders said. The local currency closed unchan... Read More

  • Business

    As its trading debut looms, China?s Meituan locked in battle of super-apps

    BEIJING/SHANGHAI: Meituan Dianping, which raised $4.2 billion in its Hong Kong IPO, is one of China’s super-apps, with 340 million users orderin... Read More

  • Business

    My Brexit plan or crash out of European Union: British PM

    London: British Prime Minister Theresa May insisted her Brexit plan was the only alternative to leaving the EU without an agreement -- something the I... Read More

  • Business

    Saudi sovereign fund secures $11 billion loan

    Riyadh: Saudi Arabia´s sovereign wealth fund said Monday it had secured its first ever international loan, boosting the kingdom´s diversif... Read More

  • Business

    Wapda awards Mangla refurbishment contract

    LAHORE: Water and Power Development Authority (Wapda) on Monday awarded a contract worth Rs1.68 billion for Mangla refurbishment project to a Chinese ... Read More

  • Business

    Chinese home prices accelerate

    BEIJING: China´s home prices accelerated in August at the fastest pace in nearly two years, a sign that Beijing´s efforts to boost a slowi... Read More

  • Business

    VW in talks on car standards

    HAMBURG/PARIS: Germany’s Volkswagen is in talks with other carmakers to set common standards for self-driving vehicle technology, Automotive New... Read More

  • Business

    G20 trade ministers say WTO reform ?urgent? as new Trump tariffs loom

    MAR DEL PLATA: Trade and investment ministers from G20 countries meeting in Argentina said there was an \"urgent need\" to improve the World Trade Org... Read More

  • Business

    Canada working on WTO reform

    Ottawa: Canada is working on a project for reform of the World Trade Organization (WTO) and aims to organize international talks on the subject next m... Read More

  • Business

    India outlines series of measures to stem rupee fall

    NEW DELHI/MUMBAI: The Indian government late on Friday announced a slew of steps aimed at stemming a steep decline in the rupee, which has fallen rapi... Read More

  • Business

    Currency crisis in emerging markets could lead to broader trouble

    LONDON: Emerging market investors are trying to gauge whether a currency crisis and the steep interest rate hikes being used to fight it could turn in... Read More

  • Business

    Copper falls

    London : Copper prices fell on Friday as data in China pointing to a cooling economy and a worsening trade dispute between Washington and Beijing rais... Read More

  • Business

    Oil mixed

    Singapore : Oil prices pulled back on Friday on concerns additional US tariffs would be placed on Chinese imports, after an earlier rally triggered by... Read More

  • Business

    Gold slips

    Bengaluru : Gold turned negative on Friday, as the US dollar rose against the Chinese yuan after US President Donald Trump reportedly told aides to pr... Read More

  • Business

    Euro rises

    LONDON: The euro rose to a two-week high on Friday after weaker-than-expected US inflation data continued to weigh on the dollar and a broader recover... Read More

  • Business

    Xiaomi creates new management jobs aimed at CEO succession planning

    BEIJING: Chinese smartphone maker Xiaomi Inc said on Friday it will rejig its businesses and create new leadership positions aimed at building a secon... Read More

  • Business

    Point of View

    Never let the finance sector become the masters of the economy when they should be the servants of the economy—British politician... Read More

  • Business

    PSX remains dull as investors await govt action on economy

    The market closed flat this week, as activity remained range-bound due to a lack of positive triggers and mixed news on economic measures to be taken ... Read More

  • Business

    Abu Dhabi Financial Group offers revised bid for Abraaj?s ME funds

    ABU DHABI: Abu Dhabi Financial Group (ADFG) has submitted a revised bid to acquire the management rights for the Middle East funds of stricken Dubai-b... Read More

  • Business

    Roche steps up efficiency drive

    LONDON/ZURICH: Roche, the world´s biggest producer of cancer drugs, is stepping up cost cuts in an efficiency drive made unavoidable by competit... Read More

  • Business

    Investec to list asset management unit

    JOHANNESBURG: Investec plans to hive off and separately list its asset management unit, it said on Friday, in a strategic overhaul that comes ahead of... Read More

  • Business

    Metro puts Real hypermarkets on block

    BERLIN: German retailer Metro AG plans to sell its struggling Real chain and is confident of interest in the hypermarkets, which some analysts say cou... Read More

  • Business

    ?Lehman Weekend?: the biggest bankruptcy in American history

    Washington: It was \"Lehman Weekend.\" The moment in September 2008 when the 150-year-old investment bank Lehman Brothers collapsed, precipitating the... Read More

  • Business

    China data shows pressure building on economy despite output surprise

    BEIJING: China´s growth looks set to cool further in coming months, with a barrage of August economic data doing little to dispel views that dom... Read More

  • Business

    Iran says oil market is too tight for US zero exports target

    LONDON: The U.S. will find it difficult to cut Iran´s oil exports completely as the oil market is already tight and rival producers cannot make ... Read More

  • Business

    US retail sales barely rise; import prices drop

    WASHINGTON: U.S. retail sales recorded their smallest gain in six months in August as consumers cut back on purchases of motor vehicles and clothing, ... Read More

  • Business

    Copper dips

    Manila : London copper edged lower on Friday, pulling back from a two-week high reached in the prior session, as investors exercised caution ahead of ... Read More

  • Business

    Palm oil stable

    Kuala Lumpur : Malaysian palm oil futures were flat at Friday´s midday break after earlier hitting a two-week low on the back of a stronger ring... Read More

  • Business

    Oil claws back

    Tokyo : Oil on Friday clawed back some of its losses from the previous session when prices fell the most in a month, although worries that emerging ma... Read More

  • Business

    Gold rises

    Bengaluru : Gold prices edged higher on Friday as softer-than-expected U.S. consumer prices data dimmed the case for a faster pace of policy tightenin... Read More

  • Business

    Dollar slips

    TOKYO: The dollar dipped on Friday after weaker-than-expected U.S. inflation data, with the currency already sagging on signs of reduced trade tension... Read More

  • Business

    Google?s China plan spurs inquiry from US lawmakers, staff departures

    SAN FRANCISCO: A bipartisan group of 16 U.S. lawmakers asked Alphabet Inc’s Google on Thursday if it would comply with China’s internet ce... Read More

  • Business

    Point of View

    We are under no pressure to make a deal with China, they are under pressure to make a deal with us… our markets are surging, theirs are collaps... Read More

  • Business

    Turkey bans rent in foreign currency

    Ankara: President Recep Tayyip Erdogan on Thursday ordered by decree that property agreements must be made in Turkish lira, in a new bid to prop up th... Read More

  • Business

    Deutsche Bank weighs overhaul

    FRANKFURT: Deutsche Bank is considering an overhaul to loosen the bond between its retail and investment banks, according to three people with knowled... Read More

  • Business

    Euro zone bond markets pause

    LONDON: Most euro zone government bond yields were little changed on Thursday, with the market largely sidelined ahead of a European Central Bank meet... Read More

  • Business

    Malaysia may grow 5 percent

    HONG KONG: Malaysian Finance Minister Lim Guan Eng said on Thursday that the Southeast Asian country can sustain 5 percent annual economic growth as i... Read More

  • Business

    Saudi Arabia raises $2bln with new Islamic bonds

    DUBAI: Saudi Arabia has raised $2 billion in new sukuk, or Islamic bonds, completing its external funding requirements for 2018.The transaction is the... Read More

  • Business

    US labour, jobless claims hit new 48-year low

    Washington: New US claims for jobless benefits fell last week to their lowest level in nearly 49 years as employers struggled to fill open positions, ... Read More

  • Business

    BoE freezes rate, cites ?greater uncertainty? over Brexit

    London: The Bank of England has voted to leave its main interest rate unchanged, it announced Thursday, as it noted \"greater uncertainty\" surroundin... Read More

  • Business

    Copper rallies

    Beijing : Shanghai copper prices rose sharply to a near two-week high on Thursday after a U.S. official said Washington had invited Beijing to restart... Read More

  • Business

    Oil slips

    Singapore : Oil prices fell on Thursday, reversing some of the strong gains from the previous session, as economic concerns raised doubts about ongoin... Read More

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This is my body content.