Pakistan Today

LONDON/DUBLIN: Britain and the European Union will make a last-ditch attempt to strike a post-Brexit trade deal this week, with probably just days left for negotiators to avert a chaotic parting of ways at the end of the year. Ireland’s prime minister, whose country would face more economic pain than any of the other 26 EU member states in the...

DUBAI: Trade between the United Arab Emirates (UAE) and Israel could grow to at least $5 billion, the chairman of Dubai’s biggest port operator said on Monday. “We estimate at least $5 billion of trade will happen between our countries in the beginning and this will grow,” DP World chairman Sultan Ahmed bin Sulayem said The UAE and Bahrain formally established...

LAHORE: Building on its renowned smartphone lineup, POCO Global has announced its independence, as well as its brand-new entry-level smartphone, POCO M3. Boasting a 48MP triple camera setup, 6,000 mAh battery, a beautiful FHD+ smartphone display, and a Qualcomm Snapdrago 662 chipset, POCO M3 is the next “it” device for young entertainment-on-the-move enthusiasts. POCO M3 marks the debut of POCO Global’s...

SINGAPORE: Oil prices fell on Monday as a continued surge in coronavirus cases globally forced a series of renewed lockdowns, including strict new measures in Southern California in the United States, the world’s top oil consumer. Brent crude oil futures were down 20 cents, or 0.4%, at $49.05 a barrel by 0401 GMT, while West Texas Intermediate oil futures fell...

ISLAMABAD: The Khyber Pakhtunkhwa Information Technology Board (KPITB) is all set to begin the second phase of training 2,500 women in digital skills so that they may play their role in boosting the digital economy of the province in specific and Pakistan in general. The said initiative, ‘Women Empowerment through Digital Skills, is a component of KPITB’s initiative, Digital Jobs...

SIALKOT: Special Assistant to Punjab Chief Minister on Information Dr Firdous Ashiq Awan on Sunday said that PTI was committed to taking all possible steps to improve the national economy which would create employment opportunities. She was visiting the residence of Punjab PML-Q Senior Vice President Chaudhry Saleem Baryar and Sialkot Chamber of Commerce and Industry (SCCI) President Qaiser Iqbal Baryar...

TEHRAN: Iran has instructed its oil ministry to prepare installations for production and sale of crude oil at full capacity within three months, state media said on Sunday, ahead of a possible easing of U.S. sanctions after President-elect Joe Biden takes office. They quoted President Hassan Rouhani as saying that Iran exported more than two million barrels a day before...

ISLAMABAD: Pakistan Agriculture Research Council (PARC) and the World Food Programme (WFP) on Saturday reiterated their resolve for working together and strengthening bilateral cooperation to promote agriculture and livestock sectors in desert areas of the country. Consensus to this effect was shown in a meeting of WFP and PARC Arid Zone Research Institute Umerkot, Sindh, said a press release. A delegation of WFP...

DUBAI: Saudi Arabian state oil giant Aramco has raised the January price for its Arab light crude to Asia to $0.30 a barrel over Oman/Dubai crude, up $0.80 from December, a company document showed. It has also set the January OSP of its Arab light crude oil to the United States at plus $0.55 a barrel over ASCI (Argus Sour...

WASHINGTON: Kia Motors Corp said on Saturday it is recalling 295,000 U.S. vehicles for engine fire risks. The Korean automaker said the recall covers some 2012-2013 model year Sorento, 2012-2015 Forte and Forte Koup, 2011-2013 Optima Hybrid, 2014-2015 Soul, and 2012 Sportage vehicles because an engine compartment fire can occur while driving. Dealers will inspect the engine compartment for fuel or...

The Federal Board of Revenue (FBR) has received nearly 23 per cent less income tax returns for the tax year 2020 compared to the preceding year ahead of the Dec 8 deadline. According to a report by Dawn, the board received 1.31 million tax returns until Dec 5 as against 1.69m returns filed in the tax year 2019. These include...

ISLAMABAD: Federal Minister for Economic Affairs Division (EAD) Khusro Bakhtyar has said that Pakistan's key economic indicators are showing a strong performance despite challenges posed by the second wave of Covid-19 and depressed economic conditions in many regions globally. According to the statement issued by the EAD, current account imbalances inherited from the previous government stand firmly addressed while the...

FAISALABAD: The government is making efforts to develop the information technology (IT) infrastructure in Pakistan and in this connection, basic and fundamental structure is being provided to IT companies, said Pakistan Software Export Board (PSEB) Senior Manager Infrastructure Muhammad Akbar. In a meeting with Faisalabad Chamber of Commerce and Industry (FCCI) President Hafiz Ihtesham Javed on Saturday, Akbar stressed that...

NEW DELHI: India’s government failed on Saturday to break a deadlock with farmers protesting over agricultural reforms and will meet again on Wednesday, the agriculture minister and union leaders said. Thousands of Indian farmers have demonstrated against the laws, which they say threaten their livelihoods, by camping on the outskirts of the capital New Delhi and blocking highways. Prime Minister Narendra...

LONDON/BRUSSELS: Britain and European Union negotiators will meet in Brussels on Sunday in what the British team said was a final throw of the dice to clinch a post-Brexit trade deal. British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen spoke on Saturday, and instructed their teams to resume the talks in a last ditch attempt...