Pakistan and world business news from seven outlets, one story per event. Updated 1m ago.
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SINGAPORE: Asian equities fell sharply on Tuesday led by technology shares as a widening conflict in the Middle East kept oil prices elevated, supporting the dollar ahead of an earnings season…
ISLAMABAD: Liberty Daharki Power Limited (LDPL) has urged the government to intervene for the immediate restoration of raw gas supplies to its 235-megawatt power plant, warning that its continued…
RIYADH: Saudi Arabia’s energy minister on Monday said the country had been tested but would mount a “serious” response after a string of attacks on Riyadh’s international airport by Yemen’s Houthis…
Oil prices edged lower on Tuesday after climbing by nearly $2 a barrel in the previous session, as traders assessed supply risks from attacks on Saudi Arabia while weighing the prospect of…
ISLAMABAD: A parliamentary panel on Monday raised concerns over the extent of petroleum price reductions, questioning why prices were being reduced by only a few paise despite the arrival of…
ISLAMABAD: Prime Minister Shehbaz Sharif on Monday set December 31 as the deadline for rolling out automated production monitoring systems across manufacturing sectors to plug tax leaks and ensure…
ISLAMABAD: Prime Minister Shehbaz Sharif on Monday directed that the total value of loans for small and medium-sized enterprises (SMEs) be increased from Rs1.1 trillion to Rs2.2 trillion by 2028 to…
ISLAMABAD: Federal capital’s business community has stressed the need for strengthening Pakistan-China economic cooperation by promoting practical business models, joint ventures, technology…
KARACHI: Ismail Suttar, Chairman of the Salt Manufacturers Association of Pakistan (SMAP), has called on the Federal Board of Revenue (FBR) to grant more time for the submission of income tax…
ISLAMABAD: The Senate Standing Committee on Planning, Development and Special Initiatives was informed that a total of 98 foreign-funded development projects, with an estimated cost of Rs 8.1…
LAHORE: Fatima Fertilizer Company Limited and the Environment Protection & Climate Change Department (EP&CCD), Government of Punjab, have established a Joint Collaborative Framework to strengthen…
SINGAPORE: Several Asian refiners bought November Saudi crude in the spot market as Saudi Arabia pushed to move more oil out of the Strait of Hormuz, sources with knowledge of the matter said.
The government on Monday reduced the price of petrol by Rs2.93 to Rs395.37 per litre, while increasing the price of high-speed diesel (HSD) by Re0.61 to Rs396.85 per litre, effective from Tuesday…
Europe’s equity benchmark rose on Monday, kicking off a busy week on a strong note as a surge in bank shares helped absorb the hit from higher oil prices.
Britain’s FTSE 100 edged higher on Monday, buoyed by financials and medical equipment stocks as investors looked ahead to crucial US inflation data and UK GDP readings due this week for fresh…
WASHINGTON: President Donald Trump on Monday defended a diesel oil deal he made with Russia as lawmakers from both parties complained the agreement appears to violate US law barring imports of…
Saudi stocks retreated on Monday after a fresh attack weighed on sentiment, while several Gulf markets also ended lower as investors held back from big bets amid uncertainty over the US-Iran…
Sri Lankan shares closed lower on Monday, dragged by industrial stocks. The CSE All-Share index settled 0.28% lower at 20,260.06 points.
LONDON: Aluminium prices touched an eight-month low on Monday as a strong dollar pressured sentiment, while copper climbed to its highest in more than two weeks due to worries over mine supply…
LONDON: Oil prices rose to near two-week highs on Monday as attacks on Saudi Arabia overshadowed possible further supplies to the market after US President Donald Trump hailed fresh Russian diesel…
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