Business

Alibaba break own record sells $17.8 billion on Singles Day

Alibaba Sales on Singles Day

China’s e-commerce giant Alibaba moved $17.8 billion in sales during its Singles Day sale on Friday, smashing its own records. The $17.8 billion (or 120.7 billion yuan) figured crushed Black Friday’s $4.45 billion in e-commerce sales last year and Alibaba’s own $14.3 billion record from 2015. Singles Day is China’s biggest e-commerce day of the year, complete with a nationally …

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Pak Army Selection Date 2016 After Matric and F.Sc

pak-aryy

Pakistan Army is very powerful. Pak Army selection date in Multan,and other cities. Pak Army selectiob date is 15 October 2016 Pak army selection are those who mans and womans thats are physically fit and his mind are all time ready for questions. Pak Army selections Last date is 25 october 2016. Please My friends keep exercise and now you can …

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IRS should spend less time auditing rich, more time on super-rich

Internal Revenue Service

WASHINGTON (Web Desk): The Internal Revenue Service is re-evaluating its strategy for auditing high-income taxpayers after an inspector general’s report found that it spent more resources on taxpayers making a little more than $200,000 than taxpayers making more than $5 million. Every hour spent auditing a taxpayer with more than $5 million in income nets the government $4,545, the Treasury Inspector General for …

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Pakistan successfully issues $500 million-10 year Euro Bond

Pakistan Euro Bond

ISLAMABAD (Web Desk): Pakistan has successfully issued a new Bond of $500 million with a maturity of 10-year in the international Eurobond market. The coupon rate was 8.25% equal to the rate at which it issued such bonds last year in April, according to press statement issued by Ministry of Finance here Friday. It may be recalled that Pakistan team, …

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Transport and Storage; Logistics industry Brimming with opportunities

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KARACHI: In a country that perpetually stays in the news for its insecurity, the logistics sector depicts a stark contrast and offers several lucrative opportunities. Despite a heavy presence of established players, new entrants are upbeat about exploiting the country’s $33 billion transport, storage and communication market. Far from saturation, the market offers a huge room for growth to every …

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Dollar steady in Asia as Fed meet wraps up

TOKYO: The dollar was steady in Asia on Wednesday as traders eye the outcome of a Federal Reserve policy meeting later in the day. The greenback fetched 108.12 yen in afternoon Tokyo trade against 108.16 yen in New York. The euro was nearly flat at $1.2737 from $1.2733 and 137.73 yen against 137.74 yen. Currency markets were stuck in neutral …

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