Honda recalling 900,000 minivans because seats may tip forward

Honda recalling 900,000 minivans because seats may tip forward
WASHINGTON: Honda Motor said on Saturday that it was recalling about 900,000 minivans because second-row seats may tip forward if not properly latched after being adjusted. The Japanese automaker said the recall covered 2011-2017 Honda Odyssey minivans, all but 2,000 of which are in North America, and that it had 46 reports of minor injuries related to the issue. Honda... Read More

Jaguar Land Rover tests first driverless vehicle on public roads

Jaguar Land Rover tests first driverless vehicle on public roads
LONDON: Britain’s biggest automaker, Jaguar Land Rover (JLR), has tested its first driverless car on public roads, it said on Friday, as carmakers race against each other and tech firms to tap into new technologies. Last October, a pod heavily adapted from a compact Renault car was the first autonomous car to take to Britain’s streets as part of government-backed... Read More

Swiss bank to launch bitcoin futures to allow betting against cryptocurrency

Swiss bank to launch bitcoin futures to allow betting against cryptocurrency
ZURICH: Swiss bank Vontobel said it will start trading Switzerland’s first two mini futures to short bitcoin on Friday, giving investors a tool to bet against the value of the volatile cryptocurrency or to hedge bitcoin positions. The launch of the two mini futures on the Swiss stock exchange by the country’s second-biggest provider of structured products comes after CME... Read More

India’s Manushi Chhillar wins Miss World 2017

India’s Manushi Chhillar wins Miss World 2017
SANYA (CHINA): An Indian medical student was crowned Miss World at a glitzy event in a Chinese resort on Saturday, making her country the joint-most successful in the beauty pageant’s history. Manushi Chhillar is the sixth Indian winner of the long-running contest, following in the footsteps of Bollywood actresses Priyanka Chopra and Aishwarya Rai. Her win brings India level with... Read More

Pakistan to soon kick-off production of commercial aircraft

Pakistan to soon kick-off production of commercial aircraft
DUBAI: Pakistan Aeronautical Complex (PAC) is all set to kick off production of commercial aircraft for domestic and international markets. This was stated by PAC official Air Marshal Ahmer Shahzad during interview with Khaleej Times on the sidelines of the Dubai Airshow 2017. Shahzad said Pakistan will produce aircraft with 10 to 30-seat capacity both for executive and non-executive passengers.... Read More

FBR to develop one-page tax form to facilitate taxpayears: Haroon Akhtar

FBR to develop one-page tax form to facilitate taxpayears: Haroon Akhtar
ISLMABAD: Federal Board of Revenue (FBR) will facilitate taxpayers and focus on non-filers by enhancing taxes on them to improve the tax revenue of the country a simplified and one-page tax form would be developed for taxpayers of certain sectors. This was stated by Prime Minister’s Special Assistant on Revenue Haroon Akhtar Khan, while talking to business community during his... Read More

JCC on CPEC meets in Islamabad tomorrow to review projects

JCC on CPEC meets in Islamabad tomorrow to review projects
ISLAMABAD: The meeting of Joint Cooperative Committee on China-Pakistan Economic Corridor will begin in Islamabad from Monday. According to a spokesman of Planning Ministry, in the first session of the meeting high officials of Pakistan and China will participate to review the progress on projects and proposals for the future projects. In this meeting agenda for the JCC meeting will... Read More

Pakistan’s FDI stood at $939.7m in Q1

Pakistan’s FDI stood at $939.7m in Q1
ISLAMABAD: Foreign Direct Investment (FDI) in the country recorded an increase of 74.4 percent during first quarter of the ongoing fiscal year (July-October 2017-18) compared to last year, the central bank said. During July-October 2018 period, the net FDI inflow into the country was $939.7 million against $538.7 million during corresponding period July-Oct 2017, says a press release. This increase... Read More
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