Business

Pakistan economy to grow at 5.2% in 2017

Pakistan economy to grow at 5.2% in 2017

As per the report, the China Pakistan Economic Corridor (CPEC) projects have supported construction activity, which is expected to stimulate industrial sector growth, it added. Referring to the external factor, it said exchange rate has appreciated, partly reflecting expectations of a narrowing inflation gap between India and the USA and limited external vulnerabilities as the current account deficit is expected to remain below 2 per cent of the GDP and fully financed by FDI inflows.


Nigeria says capital airport reopening after runway repairs

Nigeria says capital airport reopening after runway repairs

Ethiopian Airlines has announced plans to celebrate the reopening of the Abuja global Airport with its latest technology and the most modern Airplane in the world, the Airbus A350-900 today. Muktar declared. According to him, calibrations are normally scheduled and very soon, the airport will also be calibrated along with others. And in a brief signing of the hand over note, the project contractors of the runway, Julius Berger officially handed over documents on completion of the job to ...



Bustling Stock in Focus: Pier 1 Imports, Inc. (NYSE:PIR)

Oppenheimer Holdings Inc. reiterated a "market perform" rating on shares of Pier 1 Imports in a research report on Monday, December 19th. Shares of Pier 1 Imports (NYSE:PIR) traded down 9.10% during trading on Friday, hitting $6.59. The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 10th. Shareholders of record on Wednesday, April 26th will be issued a dividend of $0.07 per share.


5 things to know about Tax Day

5 things to know about Tax Day

First, it makes a boarder tax adjustment compliant with global law dumping about $1.2 trillion over 10 years into the Treasury. A consensus of sorts is emerging that the tax on these funds should be cut from the nominal corporate rate of 35 percent to 20 percent (by House Republicans) and15 percent (by White House).


Netflix nears 100 million subscribers worldwide

Netflix nears 100 million subscribers worldwide

The market was buoyed by the overall total, of 98.75 million subscribers globally, and the company's statement which said this coming weekend would see it cross the 100 million subs base. Also not exciting investors - Netflix plans to ramp up marketing spend, and the company disappointed some with its guidance. Netflix's consensus price target stands at $152.89, indicating roughly 3.83% potential upside from the last close.


Chemicals spill at Tesla battery factory, no serious injuries -officials (TSLA)

Chemicals spill at Tesla battery factory, no serious injuries -officials (TSLA)

There is now no word on how long it will take to clean the spill and when Tesla plans to re-open the sections of the Gigafactory which have been evacuated. He said Tesla expected no impact on production. Now about 1,000 full-time employees work at the factory, which is still under construction. Production at the Gigafactory is currently ramping up as Tesla is now producing second generation Powerwalls and Powerpacks at the plant and it plans to start production of Model 3 battery pack ...