Twitter tests new ads strategy for trending topic
San Francisco: Micro blogging site Twitter is reportedly starting to test a new advertising strategy to boost revenue from its trending topics.
The “Promoted Trend...
Islamic banking rapidly growing, SBP tells Senate body
ISLAMABAD: The representatives of the State Bank of Pakistan informed Senate Standing Committee on Finance here on Thursday that Shariah Compliance, Islamic banking was...
BlackBerry to buy cybersecurity firm Cylance for $1.4 billion
TORONTO: BlackBerry Ltd raised its bets on artificial intelligence and cybersecurity with the $1.4 billion purchase of California-based machine-learning specialists Cylance.
The Canadian technology company,...
Citigroup profit beats on investment banking boost
London: Citigroup Inc reported a better-than-expected quarterly profit, boosted by a surge in investment banking revenue and lower expenses. Investment banking revenue rose 20...
ICICI Bank must answer for CEO scandal
NEW DELHI: India’s ICICI Bank Ltd. is seeking to claw back bonuses and stock options paid to departed Chief Executive Officer Chanda Kochhar. That...
Banks facilitated to provide loans to SMEs: FBR
ISLAMABAD: The mini-budget is aimed to provide incentives to the banks for advancing loans to micro-and small enterprises which would help boost economic activities...
SBP launches M-Wallet scheme to promote remittances
ISLAMABAD: The State Bank of Pakistan (SBP) has launched Mobile Wallet scheme with more easy registration process to accelerate the flow of home remittances...
German police raid Deutsche Bank in ‘Panama Papers’ probe
FRANKFURT: German prosecutors raided several Deutsche Bank offices in the Frankfurt area on Thursday over suspicions of money laundering based on revelations from the...
Turkey to sell asset-backed securities to improve banks’ liquidity
ISTANBUL: Turkish November inflation data on Monday showed that a decline in inflation had begun strongly and the downward trend will continue, Finance Minister...
SBP says Pak exports to Afghanistan falls 17.68pc
ISLAMABAD: The State Bank of Pakistan (SBP) said that the country's export of goods to Afghanistan decreased by 17.68 percent during July-December (2018-19) to...