0 °C Prince George's County, US
December 9, 2018

Business News

US Trade Deficit Widens in January, Exports Under Pressure From Strong Dollar

The US trade deficit widened 2.2 percent in January from a month ago as the country’s exports remained under pressure from a strong dollar and imports fell in part due to decreased industrial supplies and materials. According to the latest trade data issued by the Commerce Department, the trade gap in January was recorded at […]

WFP to Spend $423 Million to Support Economic, Social Development in Pakistan

The World Food Programme will spend $422.78 million for supporting economic and social development projects in Pakistan and meeting emergency food needs arising from natural disasters and emergency conditions. A Memorandum of Understanding was signed to this effect in Islamabad between the government of Pakistan and the WFP. WFP had spent $676 million during 2013-15 […]

China, UAE Sign Joint Venture Accord For Building Pakistan’s $5 Billion Power Plants

Metal Investment Holding Corporation, UAE and Power China E&M International signed a joint venture agreement to build three coal-fired power plants in Pakistan’s commercial hub of Karachi with an estimated investment of $5 billion. The plants to be built at Port Qasim will each have 1320 megawatts capacity and on completion will add new supplies […]