Home Business Page 20

Business

Ziferblat’s ‘coffee office’ model charges for time, not food

On a Monday afternoon, the narrow street outside the Ziferblat cafe is quiet; but inside, the 6,000-square-foot coffee shop is packed with dozens of...

Pakistan’s fuel reserves fall below strategic levels

ISLAMABAD: The country’s oil supplies are facing serious disruption due to pipeline and port congestion, forcing oil companies to go against standard operating procedures...

National debt, liabilities cross Rs2.2 trillion

Tahir Sherani | Nov 21, 2016 Pakistan's overall debt and liabilities have soared to an all-time high and have crossed Rs2.2 trillion ─ an increase...

Lebanon’s tourism sector suffers with lack of Gulf tourists

The road was empty. Dried leaves danced on vacant sidewalks, their rustling clearly audible as they rolled on the ground. Gazing upon the scene...

Is Kuwait on the verge of an economic crunch?

The Central Bank of Kuwait recently issued the 2015 economic report, highlighting some economic facts worth analyzing. The report pointed out that gross domestic product...

Are demonetised notes striking gold?

DEVESH K. PANDEY Financial investigation agencies have gathered prima facie evidence suggesting that a number of jewellers and foreign exchange operators in the country indulged...

Oil prices slip as persistent fuel glut returns to focus

Oil prices slipped on Friday as the market refocused on a persistent fuel supply overhang that is not expected to abate unless OPEC and...

Indian rupees: Holders of notes abroad face tough battle

People outside of India holding discontinued 500 and 1,000-rupee (£6; £12) notes face difficulties exchanging them, BBC research has found. British banks are generally...

Singles Day: Alibaba closes in on record sales

E-commerce giant Alibaba may smash the sales record for its annual Singles Day event. About 15 hours into the event, sales had reached 91.2bn...

Amazon to spread Black Friday sales over two weeks

Online giant extends discounted deal period, starting offers on 14 November, as retailers gear up for consumer rush. Amazon is to extend its Black Friday...

Asia’s emerging currencies plunge amid fears of Trump trade barriers

Concerns about possible US inflation also acted to push the US dollar higher against units such as the Indonesian rupiah and Malaysian ringgit. Asia’s emerging...

Business winners and losers from a Donald Trump presidency

Nick Fletcher | Nov 11, 2016 Coal, pharmaceutical companies and mining groups can all expect to benefit, while renewables are out in the cold. Winners Pharmaceuticals, Infrastructure companies,...

Why OPEC Still Can’t Get Iran To Cut Oil Production

OPEC members have in recent months repeatedly met to discuss production cuts. The cartel’s members are suffering from the dramatic decline in oil prices...

527 South Koreans to sue Samsung on Galaxy Note 7 recall

SEOUL, South Korea — Hundreds of South Korean Galaxy Note 7 smartphone owners were preparing Monday to file a lawsuit against Samsung Electronics over...

Afghan farmers struggle to sell pomegranates

Farmers in Afghanistan have harvested a bumper crop of pomegranates. What sounds like good news is actually causing a headache. Trade restrictions and tension...

Brexit minister says it is ‘very improbable’ UK will remain a member of the...

In comments that go further than those made by the Prime Minister, David Davis told Parliament that it is a “simple truth” that Britain...

Pakistan’s underdog businessman gearing up for comeback

Up until the mid-2000s, the Yousuf Dewan Companies (YDC) was one of the biggest business conglomerates in Pakistan. It had business interests in sugar,...

China Property Boom Spurs Fear of Bubble’s Burst

SHANGHAI — Zheng Ruizhen counted herself among the last holdouts on Lufeng Road. Even as high-rises sprang up in recent years to surround her dilapidated...

Can we trust the Saudis to stick to the OPEC Deal?

As Saudi Arabia leads the Organization of Petroleum Exporting Countries in developing a six-month freeze deal, investors and industry officials should consider one key...

Airbus to overtake Boeing on aircraft output rates by 2020: CEO tells paper

European aircraft maker Airbus (AIR.PA) aims to overtake arch rival Boeing (BA.N) in terms of annual plane deliveries by 2020, having fallen behind in...

China 2016 economic growth seen slowing to 6.6 percent, 6.5 percent in 2017: Reuters...

China's economic growth is expected to cool to 6.6 percent this year and slow further to 6.5 percent in 2017, even as the government...

Bankers’ Love of London Complicates Brexit Relocation Plans

Investment banks have already warned they could move thousands of jobs if the City loses access to the E.U.'s single market. (LONDON) – As Britain...

FTSE 100 slips after hitting record high, as pound extends falls

The FTSE 100 index has narrowly missed out on an all-time closing high after slipping back from record levels. The UK's benchmark index hit its...

‘Price of Oil May Climb to $60 By Year End’ Saudi Arabia Warns

Saudi Arabia says the price of crude oil may climb to 60 US dollars a barrel by the end of the year. The country...

21 Chinese cities introduce property curbs

From September 30th till October 8th, in just 9 days, 21 cities including all first tier cities have come up with new property curbs. ShangHai...

Turks cry economic warfare as Moody’s lowers credit rating

On a rainy day in May 2013, US President Barack Obama and Turkish leader Recep Tayyip Erdogan stood together under umbrellas in Washington praising the...

Samsung Galaxy Note 7 production ‘paused’ after replacement phones continue to catch fire

The company had hoped to put an end to its problems by instituting a huge recall programme – but now new phones are starting...
Why a jobless GDP growth could spoil Narendra Modi’s 2019 run

Why a jobless GDP growth could spoil Narendra Modi’s 2019 run

Union finance minister Arun Jaitley now exercises more caution when he speaks about India's economic performance during foreign trips. The 'we-are-the-best-and-everything-is-fine-here' tone has changed...
Facebook enjoys £11m UK tax credit despite £5bn global profit

Facebook enjoys £11m UK tax credit despite £5bn global profit

Facebook’s UK business generated an £11.3m tax credit last year, despite the world’s largest social network making a global profit of $6.19bn (£4.97bn), according...

5 Habits of Successful Savers

There are some people who are expert savers. They seem to always have enough money for that rainy day. But putting cash aside remains...

Most Read

Don’t know if I am in Islamabad or Canada: Gippy Grewal all Praises for Pakistan

Indian singer Gippy Grewal was so impressed with Pakistan's capital that he said: "Islamabad feels like Canada". “Looking at the roads and the city’s ...

Latest