LONDON: Shockwaves from Britain’s vote to leave the European Union rocked the economy on Thursday, with thousands of jobs lost at one of the country’s biggest banks, big extra costs for Ford, and consumer confidence plunging...
Preparing for a Brexit-related slowdown, Lloyds Banking Group said it would cut a further 3,000 jobs...
SYDNEY: Former Australia Test batsman Justin Langer ruled himself out of the running for the England and India coaching jobs by signing a two-year contract extension with Western Australia on Tuesday...
“The selected prime minister gives a new lollipop to the people each month by promising a new imaginary project for creating jobs,” PPP Punjab Information Secretary Syed Hassan Murtaza said in reference to Prime Minister Imran Khan’s claim of creating jobs through forests...
Now, he has claimed to plant forests and creat jobs from honey farming, he added...
The main ceremony for Defence Day was held in the morning at the General Headquarters (GHQ) in Rawalpindi, according to Radio Pakistan, where Army chief General Qamar Javed Bajwa laid a floral wreath at the Martyrs Monument...
A contingent of 46 cadets of the Pakistan Air Force Asghar Khan Academy took over guard duties...
ISLAMABAD: The government on Wednesday decided to raise Rs41 billion from commercial banks to bail out the power sector without adding to fiscal deficit...
The issue remained at the centre of discussions at the level of Cabinet Committee on Energy (CCE) led by the prime minister for more than a month as the Ministry of Finance was opposed to funds out of the federal budget because of already breached budget deficit limits...
75pc interest,” said Neerja Nigam, deputy general manager of precious metals at State Bank of India, the country’s biggest lender by assets...
In May, New Delhi proposed that banks treat gold deposits as part of their cash reserve ratio (CRR), the share of deposits they are compelled to keep with the central bank, or the statutory liquidity ratio (SLR), the minimum amount of bonds they must hold...
Banks mainly contributed towards the decline in index, with United Bank down 2...
ISLAMABAD: Amid reports that foreign banks, including those from China, may find it difficult to operate in Pakistan after the financial system becomes fully compliant with Sharia, the central bank has conceded challenges related to public debt, foreign banks, external debt commitments and monetary policy that would need to be addressed by a steering committee of all stakeholders under a five-year transformation plan...
Presiding over...
In an evolving world of work— the rapid creation and destruction of jobs— the issue of unemployment has acquired centrality in the development process and has led to the question of whether jobs, or workers, should be protected?Looking from an egalitarian perspective, the welfare of millions revolves around four things: full employment (including self-employment), fair wages, reasonable prices and an accelerated programme for community...
ISLAMABAD: Tourism is already a key sector in Pakistan, makes for 2...
4 million jobs, but this is far below Pakistan’s potential, said World Bank Country Director Anthony Cholst on Monday...
ISLAMABAD: The country’s economy needs to create more jobs by taking advantage of the large influx of a well-educated young labour force, says a new research by the World Bank...
One of the key findings is that there are insufficient jobs where bachelor and graduate degree holders are expected to use their acquired skills...
When Kainat Naz joined a women-friendly technology boot camp a year ago, she had no idea it would completely change her life and her views on how women can work in conservative Pakistan...
So she signed up for a tech programme called TechKaro, an initiative by Circle — a social enterprise that aims to improve women’s economic rights in Pakistan — and is now working full-time for a software company...
The paramilitary force’s lawyer insisted that the suspect might not return to the country...
KARACHI: The government on Thursday granted a 15-day leave to the Chief Executive Officer of the Pakistan International Airlines (PIA), Bernd Hildenbrand, sources told Dawn...
It, however, has advised the PIA’s CEO, a German national, not to leave the country till allowed to do so...
Croatia's defence ministry said that the country's 14 troops in Iraq have been moved to Kuwait amid soaring tensions after a United States airstrike killed Iran's top commander Qassem Soleimani in Baghdad last week...
A growing number of European countries are shifting troops out of Iraq...