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App Store in crosshairs as Apple courts developers

?We only collect a commission from developers when a digital good or service is delivered through an app,? Apple said in a page recently established in defense of the App Store. In contrast, applications tailored for mobile devices powered by iOS rival Android can be obtained at online venues aside from Google?s Play Store, where the Internet firm can ...

Business Recorder 2019-06-03 9:42 am

Twitter apologises for suspending accounts critical of China

The apology came after activists said hundreds of Twitter accounts critical of Communist Party ? from ?inside and outside? China ? were suspended last week. Despite being blocked in China, Twitter and other overseas social media sites have long been used by activists and government critics to address subjects that are censored on domestic forums. Among the blocked accounts ...

Business Recorder 2019-06-03 9:42 am

China to probe FedEx after Huawei says parcels diverted

BEIJING: China will investigate whether FedEx Corp damaged the legal rights and interests of its clients, the official Xinhua news agency said on Saturday, after Chinese telecoms giant Huawei said parcels intended for it were diverted. Amid rising tensions between China and the United States, the Chinese commerce ministry said on Friday it would draft a list of ?unreliable? ...

Business Recorder 2019-06-03 9:42 am

India’s IndiGo close to new engine deal, may drop Pratt for CFM  

NEW DELHI: India?s biggest airline, IndiGo, is close to a decision on engines that could mark a dramatic shift away from Pratt & Whitney towards its French-American rival CFM but a final decision is only expected later in June, according to three people aware of the matter. IndiGo has an order book of 430 Airbus planes of the A320neo ...

Business Recorder 2019-06-03 9:42 am

Bank of England’s Ramsden sees weak growth in mid-2019  

LONDON: Britain?s economy is likely to see slow growth through the middle of this year before picking up towards the end of 2019, Bank of England (BoE) Deputy Governor Dave Ramsden said in an interview published on Saturday. ?Given where the labour market is, given that real incomes are beginning to see some pick-up, growth might be weak in ...

Business Recorder 2019-06-03 9:41 am

SpiceJet examining taking over widebody jets previously operated by Jet Airways  

SEOUL: Indian budget airline SpiceJet Ltd? is examining the prospect of taking over widebody jets previously operated by Jet Airways Ltd, but initial studies show they need significant maintenance work, its chairman said on Saturday. SpiceJet, which operates narrowbody and turboprop planes, does not have firm plans to become a widebody operator with longer-range flights in the wake of ...

Business Recorder 2019-06-03 9:41 am

Chevron says new US tariffs may impair development of Mexican market

HOUSTON: Oil giant Chevron Corp said on Friday the imposition of new tariffs may lead to retaliation by Mexico impairing the development of that nation’s recently opened market for imports of US gasoline and diesel. “Chevron supports free and fair trade, and believes the imposition of new tariffs should be balanced against the potential for new retaliatory actions that impair the ...

Business Recorder 2019-06-03 9:41 am

Barclays sees US Fed cutting rates by 50 bps in September

NEW YORK: The US Federal Reserve might begin lowering interest rates with a 50 basis-point cut at its September policy meeting in a bid to counter worsening economic and financial conditions from rising trade tensions, Barclays? top US economist said on Friday. ?As a result, our outlook for US economic and financial conditions has worsened, and we now expect ...

Business Recorder 2019-06-03 9:41 am

Amazon seen spreading its tentacles to 5G with T-Mobile interest

NEW YORK: One influential analyst called Amazon.com?s reported interest in the US wireless market ?batshit crazy.? Another said it was a ?trojan horse? to kill off the big wireless players. Amazon is interested in acquiring Boost Mobile, which will be sold by US wireless carriers T-Mobile US Inc and Sprint Corp as part of plans to win regulatory approval ...

Business Recorder 2019-06-03 9:41 am

RPT - Average Daily Oil Output In Russia In May Totaled 11.114Mln Barrels - Reports

MOSCOW (UrduPoint News / Sputnik - 02nd June, 2019) The average daily production in in rose by 1.3 percent year-on-year, reaching 11.114 barrels, the Bloomberg agency reported on , citing 's Central Dispatching Department of the Fuel and Energy Sector.

UrduPoint News 2019-06-03 9:37 am

Average Daily Oil Output In Russia In May Totaled 11.114Mln Barrels - Reports

MOSCOW (UrduPoint News / Sputnik - 02nd June, 2019) The average daily production in in rose by 1.3 percent year-on-year, reaching 11.114 barrels, the Blomberg agency reported on , citing 's Central Dispatching Department of the Fuel and Energy Sector.

UrduPoint News 2019-06-03 9:37 am

Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 2 June 2019

These currency prices are provided by open market currency exchange dealers, and currency rates in Pakistan are updated four times every day to keep them fresh and relevant for users.

UrduPoint News 2019-06-03 9:37 am

Latest Gold Rate For Jun 2, 2019 In Pakistan

, 2 June 2019 is being sold for Rs 60,014 per 10 grams in Pakistan, and price of Gold is Rs 70,000 per Tola in Pakistan today. Since the gold prices are different in every city of Pakistan, the rates can be checked for each of the city at Urdu Point. Below is the table providing latest gold rates for the cities ...

UrduPoint News 2019-06-03 9:37 am

Govt Focuses On Reducing Trade Gap: Country's Exports Increase By 7.14%

ISLAMABAD, Jun 1 (UrduPoint / Pakistan Point News - 1st Jun, 2019 ) :Prime Minister's Advisor on , , Industries and Production and Investment Abdul Razzak Dawood on Saturday said trade has declined -3% since which has resulted in unpredictable fluctuations in the of our regional competitors.? Talking to , he said 's are ...

UrduPoint News 2019-06-03 9:37 am

Gold Rates In Karachi On Saturday 01 June 2019

745.88 (per 10 gram) Note: Bullion rates , and were not received on Saturday.

UrduPoint News 2019-06-03 9:36 am

Spot Rates Of Cotton (Crop 2018-19) 01 June 2019

Rate Ex-Gin Up-country Spot Rates for Expenses Ex-Karachi 37.324 8,800 160 8,960 Equivalent 40 9,431 171 9,602

UrduPoint News 2019-06-03 9:36 am

'Stubborn' Salvini Challenges Brussels Over Italy Budget

Rome, (UrduPoint / Pakistan Point News - 1st Jun, 2019 ) : 's Deputy Matteo Salvini vowed Saturday not to yield in a dispute with over the country's as scrambles to avoid EU punishment for failing to reduce its heavy public debt load. "The is setting up a comprehensive program to review the current ...

UrduPoint News 2019-06-03 9:36 am

Special Protection Unit For CPEC Completes Training

RAWALPINDI, (UrduPoint / Pakistan Point News - 1st Jun, 2019 ) :As many as 470 personnel of special protection unit for the China- Economic Corridor have passed out their six month training here in College Sihala. Earlier, RPO Muhammad Ehsan Abbas along with Commandant College Abbas Ahsan inspected march-past and smartly dressed contingent of ...

UrduPoint News 2019-06-03 9:36 am

Dubai's Ramadan Food Trade Totals AED 8.3bn In 1Q 2019

Dubai (UrduPoint / Pakistan Point News - 01st June, 2019) Latest statistics from Dubai Customs revealed the value of Dubai external trade in Ramadan foodstuff in 1Q 2019, which totalled DH 8.3 billion. ?Dubai Customs offers the best facilities and customs services to ensure easy access and entry of these foodstuffs without delay and ensure their quality and that ...

UrduPoint News 2019-06-03 9:36 am

China Raises Tariffs On US Goods Amid Esclating Tensions

Beijing, (UrduPoint / Pakistan Point News - 1st Jun, 2019 ):China on Saturday increased tariffs on billions worth of US goods as it prepares to unveil a blacklist of "unreliable" foreign companies that analysts say aims to punish US and foreign firms cutting off supplies to telecoms giant Huawei. Beijing's move hits $60 billion worth of US goods with ...

UrduPoint News 2019-06-03 9:36 am

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