Business

One of Dubai's real estate brokerages has announced that it will absorb the newly implemented 5 per cent VAT on the commission of all real estate deals done at a particular building City Walk for a limited period from February 15 to March 15. Offer is for a limited period...

Nissan Motor Co said on Tuesday it will launch the new version of its Nissan electric vehicle Leaf in seven markets in Asia-Pacific, and explore bringing it to two more, in its latest push to boost sales of electrified vehicles. Lower-emission vehicles have become a major priority for the world’s...

Europe’s main bourses were down around 2.5 percent and Wall Street futures pointed to more losses too as “fear gauges” of market volatility leapt to their highest level since a surprise devaluation of China’s currency in 2015. The flashing warning signs left investors with little option but to seek traditional...

TOKYO - Tokyo stocks fell Monday as North Korea's detonation of what it claimed was a miniaturised hydrogen bomb spooked investors, sending regional tensions soaring. The test comes less than a week after North Korea fired a rocket over Japan, with Washington on Sunday warning it could launch a "massive...

 mGadgets Founded by Mohammad Khanani in 2012, mGadgets has made its name shine in the global mobile technology market in as little time as two years. mGadgets dedication and devotion has made it possible to serve its customers at very low and reasonable costs with our innovative solutions. mGadgets on one hand...

Federal Budget 2014-15 ISLAMABAD, June 3  Following are highlights of the Federal Budget 2014-15 presented by Finance Minister Ishaq Dar in the National Assembly here on Tuesday evening: •    Pakistan’s foreign exchange reserves likely to be US 15 billion by July this year. •    Foreign exchange reserves have now increased to US...

The Federal Reserve today began circulating a new $100 bill with a modern design and smarter security with hi-tech features. New design $100 plagued by creasing, ink and printing issues since 2010 Federal Reserve now says all problems have been resolved Bills will roll out in armoured trucks across the U.S. today They have...

China’s ambitious Shanghai Free Trade Zone is designed to welcome foreign investment and open up an attractive yuan-denominated financial sector to the rest of the world. But it’s hard to boast about the free trade credentials behind the Great Firewall of China, so media outlets and social networks that are...

KARACHI: The Karachi stock market witnessed a massive decline on Tuesday as decline in the local currency’s value against the dollar, futures rollover week and confusion over brokers’ net capital affected the investor sentiment. The Karachi Stock Exchange (KSE) 100-share index shed 551.48 points or 2.33 percent to close at...

The implosion at BlackBerry (BBRY) has been stunning. Back in 2008, the company had a market value of over $80 billion. As of now, it’s only $4.3 billion. In fact, over the past three years, the company’s market share in North America plunged from about 70% to a meager 5%...

So the deal that should have been done 2 years ago is at last completed: Microsoft MSFT is buying most of Nokia to take control of its smartphone destiny. The 5.44 billion euros ($7.2 billion) deal announced late Monday marks a major step in Microsoft’s push to transform itself from a software maker focused...

At least one million cockroaches have escaped a farm in China where they were being bred for use in traditional medicine, a report said. The cockroaches fled the facility in Dafeng, in the eastern province of Jiangsu, for surrounding cornfields earlier this month after an “unknown perpetrator” destroyed the plastic...