Italian vintage: Ferrari sells for a record $38 million Italian vintage: Ferrari sells for a record $38 million

  LOS ANGELES:  A red 1962 Ferrari 250 GTO Berlinetta, which is said to be one of only a handful, has recently been sold for $38.1 mi...

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Boeing, South African Airways to make jet fuel from tobacco Boeing, South African Airways to make jet fuel from tobacco

JOHANNESBURG: US planemaker Boeing has teamed up with South African Airways to develop jet fuel from a tobacco plant as part of effort...

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Facebook buys cybersecurity startup PrivateCore Facebook buys cybersecurity startup PrivateCore

NEW YORK: Facebook announced Thursday it was buying California-based cybersecurity startup PrivateCore, in a move to boost defenses of ...

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Judge rejects $324.5 million settlement over Apple, Google hiring Judge rejects $324.5 million settlement over Apple, Google hiring

NEW YORK: Four Silicon Valley companies including Apple and Google failed to persuade a U.S. judge to sign off on a $324.5 million set...

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 Bonanza of trade: ABAD expo brings $200m worth of agreements Bonanza of trade: ABAD expo brings $200m worth of agreements

KARACHI:  Foreign companies participating in the ABAD International Expo 2014 have signed $200 million worth of trade and investment agr...

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Tokyo stocks down 0.13pc by break Tokyo stocks down 0.13pc by break

TOKYO: Tokyo stocks fell 0.13 percent Friday morning as investors locked in profits after four days of gains. The Nikkei 225 index slip...

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Apple to launch “iphone 6″ on september 9th! Apple to launch “iphone 6″ on september 9th!

US: Apple Inc has scheduled a big media event related to the iPhone for September 9. According to the media reports, the analysts claim ...

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BELGIAN ACADEMY TRAINS BUTLERS FOR THE SUPER-RICH BELGIAN ACADEMY TRAINS BUTLERS FOR THE SUPER-RICH

The exclusive School for Butlers and Hospitality in Brussels has found a niche training people to cater to the needs of the world's w...

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Apple sued by employees over labor issues Apple sued by employees over labor issues

 Apple has another employee lawsuit to contend with. The company is facing a lawsuit certified as a class action this week from employ...

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Scotland eager to cooperate in Pakistan’s power sector Scotland eager to cooperate in Pakistan’s power sector

ISLAMABAD: Scottish Minister for External Affairs and International Development Hamza Yousaf has said that his country is keen to cooper...

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Microsoft announces the low-cost Nokia Lumia 530 Microsoft announces the low-cost Nokia Lumia 530

After it was first  tipped in early March  by Evleaks, Microsoft-owned Nokia announced the Lumia 530  on Wednesday. The budget-grade 3G...

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Owner demands Rs. 80mn for Dilip Kumar’s Pakistan home Owner demands Rs. 80mn for Dilip Kumar’s Pakistan home

The current owner of Dilip Kumar’s family house in Peshawar, Akram Ullah, has demanded for  Rs.  80 million, post the four-marla house was...

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Apple iPhone 6 models with bigger screens on the way, reports say Apple iPhone 6 models with bigger screens on the way, reports say

Apple is expected to release the next generation of its smartphone, the iPhone 6, which is rumoured to have a larger screen size. The...

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 Monetary policy of Pakistan: SBP keeps interest rate constant at 10% again Monetary policy of Pakistan: SBP keeps interest rate constant at 10% again

  KARACHI:  In line with market expectations, the State Bank of Pakistan (SBP) decided on Saturday to keep the monetary policy rate un...

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Man sues makers of “Call Of Duty” for portraying him in negative role Man sues makers of “Call Of Duty” for portraying him in negative role

US: Former dictator and drug lord sues makers of the Call Of Duty (video game) for portraying him a negative light. According to the me...

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SBP to announce monetary policy today SBP to announce monetary policy today

KARACHI: The State Bank of Pakistan (SBP) to announce its first bi-monthly monetary policy of the new fiscal year on Saturday here, Geo...

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McDonald’s Restaurants Becoming Popular Wedding Venues in Hong Kong McDonald’s Restaurants Becoming Popular Wedding Venues in Hong Kong

More and more young couples in Hong Kong are turning to McDonald’s fast-food restaurants to fit their shoestring wedding budgets. With pric...

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China industrial output up 9.2 percent on-year in June: govt China industrial output up 9.2 percent on-year in June: govt

BEIJING: China´s industrial production, which measures output at factories, workshops and mines in the world´s second-largest economy, ro...

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Dollar rises in Asia Dollar rises in Asia

TOKYO: The dollar rose in Asia on Wednesday as the head of the US Federal Reserve indicated that interest rates could rise earlier than...

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Oil prices mixed Oil prices mixed

SINGAPORE: Oil prices were mixed in Asia Tuesday as investors await congressional testimony by the US central bank chief for fresh clue...

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