New Zealand named best country in the world for fifth year in Telegraph Travel awards Pakistan Press Club – New Zealand Readers of the Daily Telegraph have named New Zealand the best country in the world for the fifth year in a row. Announced today, the awards are based on the opinions of 90,000 readers and…
WatchBox receives investment by CMIA Capital Partners to extend international influence Pakistan Press Club – Singapore Singapore-headquartered CMIA Capital Partners has led an initial investment round in WatchBox, an international ecommerce platform for the trading of luxury pre-owned timepieces. Financial terms of the round was undisclosed but according to details in a media release, CMIA has…
UK’s Pendragon to sell U.S. Motor Group business LONDON (Pakistan Press Club) – British car dealership Pendragon (PDG.L) is to sell its U.S Motor Group business after concluding a strategic review following a profit warning, it said on Monday. The firm, which warned on profit in October due to a fall in demand for new…
UK pushing to include Bitcoin under money-laundering rules LONDON (Pakistan Press Club) – Britain wants to increase regulation of Bitcoin and other digital currencies by expanding the reach of European Union anti-money-laundering rules that force traders to disclose their identities and report suspicious activity. With demand for Bitcoin surging, fuelling a 1,000 percent rally in…
Exxon eyes Egypt’s offshore oil and gas – resources LONDON/VIENNA (Pakistan Press Club) – Exxon Mobil (XOM.N) is considering a foray into Egypt offshore oil and gas, seeking to replicate rivals’ success in the country and boost its reserves, officials and industry sources said. Officials from the world’s largest listed oil producer recently held…
Italy financial police visit Gucci’s offices in tax probe MILAN (Pakistan Press Club) – Italian tax police have visited the offices of fashion company Gucci for fiscal checks as part of an investigation by Milan prosecutors into suspected tax evasion, a senior source with direct knowledge of the matter said on Saturday. “Gucci confirms that…
Greece, lenders reach deal on reforms under bailout review BRUSSELS (Pakistan Press Club) – Greece and its euro zone creditors reached a preliminary deal on Saturday on reforms Athens needs to roll out under its bailout program, a move that could pave the way for the country to leave the aid plan in August. The…
At North Korean hub in China, uncertainty looms for Pyongyang-backed businesses SHENYANG, China (Pakistan Press Club) – North Korean-owned businesses such as the Chilbosan Hotel in Shenyang, the biggest city in northeastern China, face an uncertain future as United Nations sanctions against Pyongyang-owned overseas businesses loom. For now, the hotel is a slice of North…
Eid Milad-un-Nabi (Peace Be Upon Him) is being celebrated across the country with religious zeal and fervor on Friday (today). Pakistan Press Club – ISLAMABAD The day dawned with 31-gun salute in the federal capital and 21-gun salutes in all provincial capitals to pay homage to the last Holy Prophet (PBUH). Eid Milad-un-Nabi (SAW) processions…
Destination Florence is born, the first official public-private initiative for a strategyof long term Marketing and Promotion, dedicated to premium tourism for the city. Pakistan Press Club FLORENCE, Italy Destination Florence, the first national marketing and promotional project between a public body and a private professional consortium, developed by the Destination Florence Convention and Visitors Bureau and…
