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China holds intensive talks on hybrid, EV trade with EU
BEIJING: China and the European Union held “intensive consultations” on the trade of hybrid and electric vehicles, as well as efforts to balance economic and trade concerns, the commerce ministry…
Business RecorderPakistan sees growth above 4%, looks to raise more than $1 billion from privatisation
BANGKOK: Pakistan’s economy is expected to grow by more than 4% this fiscal year despite elevated oil prices, as the government looks to push for the privatisation of five to six entities that could…
Business Recorder
Tariq Kirmani steps down as PRL chairman on health grounds
Tariq Kirmani has resigned as chairman and director of Pakistan Refinery Limited (PRL) on health grounds, effective October 9, 2026.
Business RecorderGold gains on weaker oil, dollar; US inflation data in focus
Gold rose on Monday , supported by a softer dollar and lower oil prices , as investors awaited key US inflation data this week for clues on the Federal Reserve’s next policy move.
Business RecorderPQEPC opposes one-year limit on coal supply deals
ISLAMABAD: Port Qasim Electric Power Company (PQEPC) has opposed the proposed one-year limit on coal supply agreements, arguing that the restriction could undermine fuel security, disrupt…
Business RecorderFresh valuation issued for imported almonds
ISLAMABAD: The Directorate General of Customs Valuation Karachi has issued a fresh valuation ruling for imported almonds, setting customs values ranging from USD1.41 to USD3.81 per kilogram…
Business RecorderWeekly Cotton Review: Prices mixed in market amid thin trading
KARACHI: Cotton prices were mixed in Pakistan’s local market last week amid thin trading, with the spot rate rising by Rs600 per maund, according to the weekly market review.
Business RecorderTransporters demand protection from robberies on M-9 Motorway
HYDERABAD: President of the Hyderabad Chamber of Small Traders & Small Industry (HCSTSI) Nadeem Ahmed Siddiqui, Senior Vice President Muhammad Fahad Mian and Vice President Irfan Arbiani have…
Business RecorderCostly medicines, chemotherapy: Around 25pc of JPMC cancer patients abandon treatment: officials
KARACHI: About 25 percent of cancer patients at Jinnah Postgraduate Medical Centre (JPMC) abandon treatment because of financial hardship despite largely free care, doctors said, citing the high…
Business RecorderIndigenisation: Power sector urged to exceed 30pc local value addition
LAHORE: Pakistan’s power sector must go well beyond 30 percent local value addition if it is serious about indigenization, a senior Ministry of Energy official said at a national workshop hosted by…
Business RecorderHaroon, FCCI discuss rising industrial costs
FAISALABAD: An important meeting was held at the Faisalabad Chamber of Commerce & Industry (FCCI) with Haroon Akhtar Khan, Adviser to the Prime Minister and Federal Minister for Industries and…
Business Recorder
Deutsche Bank chief explains why German election results alarm foreign investors
On Sunday, the head of Germany’s largest bank warned that a withdrawal of international capital could be triggered by…
The NewsRussia's Yandex says data centre in Vladimir area shut down after drone attack
MOSCOW: Russian technology and AI company Yandex said on Sunday that its infrastructure had been damaged in a drone attack, resulting in the complete shutdown of its data centre in the Vladimir…
Business RecorderJI demands Nepra action over up to 18 hours of power load-shedding
KARACHI: Jamaat-e-Islami (JI) on Saturday demanded immediate action by the National Electric Power Regulatory Authority (Nepra) against K-Electric over prolonged loadshedding of up to 18 hours a day…
Business RecorderOn the sidelines of IPU Assembly: Senate chairman takes up trade ties with world’s parliamentary leaders
ISLAMABAD: Senate Chairman Syed Yousaf Raza Gilani held a series of high-level meetings with parliamentary leaders from Asia, Africa, Europe and Latin America on the sidelines of the 153rd Assembly…
Business RecorderEIB delegation visits WASA Lahore office
LAHORE: A delegation from the European Investment Bank (EIB) visited the Water and Sanitation Agency (WASA) Lahore head office on Saturday to explore strategic partnerships in urban infrastructure…
Business Recorder
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