ISLAMABAD - Vowing to put the staggering economy back on track at any cost, Finance Minister Ishaq Dar has said that Pakistan will negotiate with International Monetary Fund (IMF) on its ‘own terms’ for fresh loan package to repay the previous one and will bear ‘no ...

KARACHI (PR): A strategic agreement has been signed by Naeem Y Mir, MD & CEO Pakistan State Oil (PSO), and Naveed A Khan, President & CEO Faysal Bank Limited (FBL), for the redemption of reward points accumulated on FBL credit cards at PSO retail outlets. Through this agreement, FBL card ...

SYDNEY- Ricky Ponting, Mike Hussey and refugee Fawad Ahmed have all been offered new contracts by Cricket Australia, but only one is considered any chance to play in next month's Ashes.Despite repeated calls for the two veterans, who retired from international cricket last summer, to return for the ...

BERENE - Applauded by Switzerland's business sector, the country's free-trade deal with China is heavy with symbolism, coming as Beijing locks horns with the European Union in a raft of commercial disputes.The staunchly non-EU Swiss inked a preliminary accord Friday during Chinese Premier Li ...

PARIS - Britain is pushing for reaching  FTA with the US, but France has marshalled European anxieties to try to limit the EU negotiating mandate for what would be the world’s largest free trade deal. “I was alone at the beginning. At the end, I had a large majority in the European ...

ISLAMABAD  - The chances of striking some lucrative deal with Pakistan Muslim League (Nawaz) is depleting for Jamiat Ulema-e-Islam (Fazl), as the latter has come in a comfortable position to form government sans Maulana Fazlur Rehman's support.Sources aware of the ongoing parleys between the ...

TOKYO- Indian Prime Minister Manmohan Singh has called for an early accord on civil nuclear cooperation with Tokyo and more Japanese investment ahead of an official visit, reports said Sunday.Singh, who will travel to Japan in the coming week for talks with Prime Minister Shinzo Abe, made the ...

AL-SHUNAH : Peace between Israelis and Palestinians is “still possible”, Palestinian president Mahmud Abbas said on Saturday, hailing US Secretary of State John Kerry’s efforts to revive stalled talks.In a speech to the World Economic Forum in the town of Al-Shunah on the banks of ...

LAHORE -Pakistan’s new leadership expects first results of its planned steps to shore up its finances and ease a power crisis in two or three months and only then should decide whether and on what terms to seek an IMF bailout, a senior policy adviser said on Friday.Most economists, lenders ...

MUSCAT US Secretary of State John Kerry arrived in Oman on Tuesday aiming to help finalise an estimated $2.1 billion deal to supply a US-made air-defence system to the Gulf nation.One of the main focuses of Kerry’s trip was to applaud the signing of a letter of intent between Muscat and US ...

KARACHI (PR): National Bank of Pakistan (NBP) and A.F. Ferguson & Co. (PwC) signed a landmark agreement for BPR & COSO implementation at National Bank of Pakistan Head Office.NBP President, Dr. Asif A. Brohi in his message on this signing ceremony said, “NBP is committed to achieve ...

LALAMUSA/MUZAFFARGARHThe PPP suffered a severe blow as it has lost almost all the seats in Muzaffargarh, Lalamusa and Vehari districts in the May 11 general elections. In Muzaffargarh, Hina Rabbani Khar’s father Malik Noor Rabbani Khar, former Punjab governor Ghulam Mustafa Khar, former ...

LALAMUSA/MUZAFFARGARH - The PPP suffered a severe blow as it has lost almost all the seats in Muzaffargarh, Lalamusa and Vehari districts in the May 11 general elections. In Muzaffargarh, Hina Rabbani Khar’s father Malik Noor Rabbani Khar, former Punjab governor Ghulam Mustafa Khar, former ...

ISTANBUL : Egypt's new planning minister said on Saturday he was confident the country would reach a deal with the IMF on a $4.8 billion loan programme, although the timing of its next visit to Cairo was unclear. The IMF said on Thursday it was not currently planning a new visit to Egypt to discuss ...

karachi - A bilateral Currency Swap Arrangement (CSA) between the State Bank of Pakistan (SBP) and the People’s Bank of China (PBoC) amounting to Chinese Yuan (CNY) 10 billion and Rs 140 billion is being implemented from Tuesday after issuance of necessary instructions to banks and completion ...

New Delhi - Former prime minister and PML-N President Nawaz Sharif, who is the strongest contender to become the next prime minister, said dialogue and not armed intervention is the answer to deal with terror.In an interview with CNN-IBN, Nawaz said “This problem has to be solved on priority ...

ANKARA :JapanandTurkeyon Friday signed a long-awaited deal to build a sprawling nuclear power plant onTurkey’sBlack Seacoast, a milestone for the Japanese nuclear industry as it recovers from the 2011Fukushimadisaster. Turkish PM Recep Tayyip Erdogan hailed the $22 billion contract as a ...

WASHINGTON/NEW YORK  - The United States should offer Pakistan a conditions-based civilian nuclear deal as a way to save the relationship, severely tested during the last decade, as well as secure long-term interests with regard to containing militancy and atomic safety, an American analyst on ...

Former President General (retd) Pervez Musharraf has revealed that he had struck deal with Benazir Bhutto before elections 2008 and some key countries and personalities were guarantors of it.Recording his first statement before joint investigation team of FIA, former president said as per the ...

 NEW YORK: Lindsay Lohan has lost an endorsement deal due to her recent legal troubles. The actress landed a lucrative contract with Odaingerous clothing Co but when Lindsay was sentenced to 90 days in rehab after pleading no contest to charges for lying to police about driving during a car ...

ABU DHABI  US Defence Secretary Chuck Hagel will meet United Arab Emirates leaders on Thursday to wrap up a major arms deal that both nations see as a way to thwart Iran’s military power.Hagel arrived in Abu Dhabi on Wednesday on the last leg of a six-nation tour of the Middle East in ...

CALIFORNIA: Sharon Osbourne has reportedly negotiated a £2 million deal to return to The X Factor. The former judge, who quit the ITV show in 2007, has finalised the terms of her comeback and will sign the contract next week, The People reports. Osbourne’s salary will make her the ...

TEL AVIV Pentagon chief Chuck Hagel met his Israeli counterpart Moshe Yaalon on Monday to put the finishing touches on a major arms deal and for talks on Syria’s civil war and the Iranian nuclear threat. Speaking at a joint news conference in Tel Aviv, Hagel confirmed the two had ...

BELGRADE (AFP) - Serbia’s government on Monday approved an EU-brokered deal to normalise ties with breakaway Kosovo, a historic agreement aimed at turning the page on the Balkans’ last simmering trouble-spot 14 years after the end of hostilities. The government has accepted the ...

    STUTTGART   German car maker Porsche on Monday made what some might consider to be a surprising announcement. It's first global endorser would be a woman. The brand, which is dominated by male buyers, chose tennis player Maria Sharapova to be the face of its company for the next ...

TEL AVIVA major US arms deal with Israel sends Iran a "very clear signal" that military action remains an option to stop it from going nuclear, US Defence Secretary Chuck Hagel said in Tel Aviv on Sunday.Hagel's remarks were made shortly before his arrival in the Jewish state at the start of a ...

UN Secretary-General Ban Ki-moon welcomed the agreement between leaders of Serbia and Kosovo in the context of the European Union-facilitated Belgrade-Pristina dialogue, voicing hoped that the new accord would help usher in a future of peace and stability in the Balkans. “The ...

washington The United States unveiled plans Friday to sell $10 billion worth of advanced missiles and aircraft to Israel, the United Arab Emirates and Saudi Arabia in a bid to counter the threat posed by Iran.It was highly unusual for the Pentagon to announce an arms deal covering three ...

LAHORE - The Pakistan Peoples party (PPP) and the PML-N seem to have struck a covert deal over seat adjustment in respect of at least two constituencies of D.G Khan where the competition appears to be within the Khosa family. The PML-N on Sunday finalised its candidates for DG Khan, but did not ...

LAHORE - The Siemens Pakistan has almost finalised the deal with Pak Elektron Limited (PEL) for the sale of its transformers business.According to industry sources, all the matters in this regard have been finalised between the two companies while some formalities and legal requirements are still ...