Category: Business

China’s biggest private courier makes first ever purchase of Boeing 747 planes via online auction

China’s biggest private courier makes first ever purchase of Boeing 747 planes via online auction

Two Boeing 747 planes were bought by Chinese cargo airline SF Airlines for more than $48 million from the Intermediate People’s Court via Taobao, the online...

Singapore to use autonomous buses on public roads from 2022

Singapore to use autonomous buses on public roads from 2022

Singapore is hoping to deploy autonomous buses on public roads in three different districts of the city-state from 2022 to provide better connectivity, the...

Venezuela economy minister visits Ankara to negotiate petrol trade

Venezuela economy minister visits Ankara to negotiate petrol trade

Venezuela’s economy minister Tuesday visited the Turkish capital Ankara to discuss trade relations between the two countries, with a focus on petroleum. “We...

EU lift barriers to cross-border online shopping

EU lift barriers to cross-border online shopping

The European Union have agreed to lift barriers to consumers shopping online for cheaper goods and services in other EU countries, with the rules to take effect late...

Pakistan, China hold 8th round of strategic dialogue

ISLAMABAD: Pakistan and China, Monday agreed to further augment cooperation in various multilateral fora including the United Nations, Shanghai Cooperation Organization...

Agreement signed to assemble, distribute Renault vehicles in Pakistan

Islamabad: Group Renault and Al-Futtaim Monday announced that they had signed definitive agreements for the exclusive assembly and distribution of Renault vehicles in...

PM, army chief to attend CPEC seminar in Gilgit today

JCC Meeting On China Pakistan Economic Corridor Kicks Off

ISLAMABAD: The two-day meeting of 7th Joint Coordination Committee (JCC) on China Pakistan Economic Corridor (CPEC) between the two countries will kick off here on...

Germany’s Siemens to cut 6,900 jobs worldwide amid disruption in power generation industry

German industrial giant Siemens plans to cut 6,900 jobs globally as part of a larger restructuring of its power division. “The power generation industry is...

Istanbul court rules for bankruptcy of FETÖ-linked Bank Asya

Istanbul court rules for bankruptcy of FETÖ-linked Bank Asya

The Commercial Court of First Instance in Istanbul ruled late Friday for the bankruptcy of the Gülenist terror group (FETÖ)-linked Bank Asya, which had its banking...

The ‘toy’ lens that inspired Instagram

The ‘toy’ lens that inspired Instagram

The world-recognizable icon of Instagram—a square-shaped analog camera—is the cartooned image of a little-known, low-end camera model, one that inspired the...