Reduction in gas supply from fields creating gap
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Reduction in gas supply from fields creating gap

ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) has issued gas curtailment plan for the…

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American Airlines to purchase 250 planes: Report
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American Airlines to purchase 250 planes: Report

NEW YORK: American Airlines is negotiating with Airbus and Boeing over the purchase of at…

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Toyota recalls more than 1,10,000 hybrid cars
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Toyota recalls more than 1,10,000 hybrid cars

TOKYO: Toyota said on Wednesday it will recall more than 1,10,000 hybrid vehicles in the…

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Southern Union to talk to Williams on $4.9bn bid
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Southern Union to talk to Williams on $4.9bn bid

BANGALORE: Pipeline operator Southern Union, the target of a $4.9 billion takeover bid from Williams…

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Nissan Motor ‘on the offensive’ in six-year plan
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Nissan Motor ‘on the offensive’ in six-year plan

Nissan Motor’s chief executive Carlos Ghosn has outlined a six-year growth plan that aims to…

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Australia strikes broadband deal with Telstra and Optus
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Australia strikes broadband deal with Telstra and Optus

Australia’s two biggest telecoms companies have joined the government’s A$36bn (£24bn) plan to roll-out high-speed…

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Engro Foods floating 2.7 million shares
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Engro Foods floating 2.7 million shares

LAHORE: Lahore Stock Exchange (LSE) has cleared the draft prospectus of offer for sale of…

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Nokia to take over dual SIM market in Pakistan
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Nokia to take over dual SIM market in Pakistan

KARACHI: Nokia Thursday unveiled the first two of its Dual SIM phones – Nokia X1-01…

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Byco Oil to set up Pakistan’s first aromatic plant
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Byco Oil to set up Pakistan’s first aromatic plant

KARACHI: Byco Oil Pakistan Ltd BOPL, which currently operates a refinery of 35,000 barrels/ day,…

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Nokia and Apple settle patent dispute
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Nokia and Apple settle patent dispute

Nokia and Apple have agreed a technology licensing agreement that ends the long-running legal dispute…

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Maple launches formal $3.8 billion hostile bid for TMX
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Maple launches formal $3.8 billion hostile bid for TMX

TORONTO: A Canadian consortium of banks and pension funds has taken its $3.8 billion (C$3.7…

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Prada five times subscribed
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Prada five times subscribed

HONG KONG: Italian fashion house Prada, which is seeking to raise up to $2.6 billion…

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Exxon has 3 deepwater Gulf of Mexico discoveries
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Exxon has 3 deepwater Gulf of Mexico discoveries

HOUSTON – Exxon Mobil Corp (XOM.N) has made two big new oil discoveries and a…

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Iconic design for Apple headquarters could transform Silicon Valley landscape
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Iconic design for Apple headquarters could transform Silicon Valley landscape

In a valley known for what Steve Jobs calls “boring” office parks, Apple has the…

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Ford looks to Asia to grow sales by 50% in four years
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Ford looks to Asia to grow sales by 50% in four years