ISLAMABAD: After a gap of eight years, 32 prominent engineering firms will participate in ‘Hannover Messe’, the world’s largest fair of industrial products.
The Ministry of Commerce, through Export Development Fund, will provide financial support for the Pakistan pavilion at Hannover, Germany — scheduled for April 25 to 29.
The Engineering Development Board (EDB) would be organising the pavilion, said an official statement.
Hannover Messe is world’s premier industrial fair that attracts leading professionals from across the globe.—Staff Reporter
EU anti-trust chief targets Google’s Android
BRUSSELS: The EU’s top anti-trust chief Margrethe Vestager said on Monday she was taking aim at Google’s Android mobile phone platform in a potentially major setback for the Silicon Valley giant.
In a speech in Amsterdam, Vestager said EU regulators “need to be sure that big companies don’t try to protect themselves by holding back innovation.”—AFP
PepsiCo reports fall in first-quarter sales
NEW YORK: Non-alcoholic beverage giant PepsiCo Inc on Monday reported a first-quarter drop in profits and the sixth consecutive fall in sales blamed on a strong dollar.
Quarterly net income fell to $931 million, while sales dropped by 2.9 per cent to $11.86 billion against $11.88bn expected by the markets.