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1-10 results from 1000 for query «sales»

September 25, 2018 12:00 AM Japanese apparel firm plans outsourcing from Pakistan

KARACHI: A world famous apparel brand Uniqlo plans to outsource textile garments from three Pakistani companies for its more than 3,000 outlets worldwide, people familiar with the matter said on Monday. Uniqlo Inc – a subsidiary of Japanese retail holding company Fast Retailing Inc. – has planned joint venture with three local companies, which would

September 23, 2018 12:00 AM Nigerian oil unions threaten strike

ABUJA: Nigeria´s two main oil unions have prepared their members for possible nationwide industrial action over a staffing dispute with Chevron, they said on Saturday. Nigeria, an OPEC member, is Africa´s largest oil producer and crude sales make up around two-thirds of government revenues in West Africa´s largest economy. The dilapidated state of its refineries 1

September 19, 2018 12:00 AM Clariant to form JV with SABIC

ZURICH: Switzerland´s Clariant will merge its high-performance materials business with that of new anchor shareholder Saudi Basic Industries Corporation (SABIC) to focus on higher-value specialty chemicals, it said on Tuesday. Under the terms of the deal, Clariant will hold a majority stake in the new combined business, which will bring together its Additives 3

September 18, 2018 12:00 AM ECC approves increase in gas prices

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday approved increase to natural gas prices ranging from 10 to 143 percent. Varying rate hikes would be applicable to domestic consumers, commercial users, and industrial, fertiliser, power, cement and compressed natural gas (CNG) sectors. Gas prices for export-oriented sectors 10

September 13, 2018 12:00 AM United Tech to pay $14 mln for illegal foreign payments

WASHINGTON: United Technologies Corp will pay $13.9 million to settle charges it made illegal payments or provided trips and gifts to officials from Azerbaijan, China, Kuwait, South Korea, Pakistan, Thailand and Indonesia in order to obtain business, the top U.S. securities regulator said on Wednesday. The Connecticut-based company did not admit or deny the findings 1

September 9, 2018 12:00 AM Apple says US tariffs on China would hit ‘wide range’ of products

SAN FRANCISCO: A “wide range” of Apple Inc products including the Apple Watch would be affected by proposed U.S. tariffs on Chinese goods, the company told U.S. trade officials, but gave no sign of an impact on its iPhone cash cow. A “wide range” of Apple Inc products including the Apple Watch would be affected by proposed U.S. tariffs on Chinese goods

September 7, 2018 12:00 AM Plan more exercises: US, India seal mly communications pact

NEW DELHI: India and the United States signed an accord on secure military communications that both sides hailed as a breakthrough on Thursday, possibly opening the way for sales of sensitive US military equipment to India. The pact was signed after US Defence Secretary Jim Mattis and Secretary of State Mike Pompeo met Indian Foreign Minister Sushma

September 6, 2018 12:00 AM Al Baraka signs strategic alliance with Honda Atlas Cars

KARACHI: Al Baraka Bank Pakistan Ltd. (ABPL) has recently signed a Strategic Alliance Agreement with Honda Atlas Cars Ltd. Through this venture, Al Baraka aims to enhance customer experience and provide priority delivery of Honda vehicles to Al Baraka Carsaaz (Auto Finance) customers. This alliance will not only provide affordable Islamic financing solutions

September 5, 2018 12:00 AM Iran moving main oil export terminal out of Gulf

Tehran: Iran is to move its main oil export terminal from the Gulf to the Oman Sea, President Hassan Rouhani announced on Tuesday, sparing its tankers from using the strategic Strait of Hormuz. Rouhani said exports were already being shifted from the Kharg Island terminal, deep in the Gulf, to Bandar-e-Jask in the Oman Sea and would be completed by the end of his term in 2021. "This

August 31, 2018 12:00 AM Chinese painting to fetch $51m

HONG KONG: A nearly 1000-year-old ink painting by one of China’s greatest literati masters Su Shi is expected to fetch US$51 million at auction, Christie’s said on Thursday as the work went on view in Hong Kong. The Song Dynasty artwork created by Su is "one of the world’s rarest Chinese paintings", said the auction house. Entitled "Wood and Rock", the ink-on-paper