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Crude oil prices hit near two-week high as Saudi attacks threaten supply recovery
Specialists work at a drilling rig at the Airankol oil field operated by Caspiy Neft in the Atyrau region, Kazakhstan, April 20, 2026.
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Pakistan and world business news from seven outlets, one story per event. Updated just now.
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Petrol Cheap 3rd Day in a Row
The federal government has decided to decrease the price of motor spirit (MS) petrol for the next 24 hours, according
ProPakistani
Europe's STOXX 600 ends higher as bank stocks cushion oil price hit
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.
Business RecorderFTSE 100 ends higher as financial, medical stocks offset crude price hit
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…
Business RecorderTrump defends Russia diesel deal as lawmakers from both parties complain
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…
Business RecorderSaudi shares fall after second airport attack as Gulf trade stays cautious
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…
Business RecorderIndustrial stocks drag Sri Lankan shares lower
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.
Business RecorderPSX Suffers Massive Crash Again
Pakistan Stock Exchange (PSX) fell sharply on Monday as political uncertainty surrounding the federal government’s emergency decision in Khyber Pakhtunkhwa
ProPakistaniAluminium rebounds from 8-month low, copper hits two-week peak
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…
Business RecorderStellantis, Tata Motors Passenger Vehicles to develop vehicles in India
Stellantis and Tata Motors Passenger Vehicles will develop vehicles for more than 50 global markets and manufacture them in India, the firms said on Monday.
Business Recorder
Americans Hall, Woodford win Nobel prize for work on stabilising economies
STOCKHOLM: US academics Robert Hall and Michael Woodford won the 2026 Nobel economics prize on Monday for decades of work developing ground-up models currently used by central banks and finance…
Business RecorderOil prices rise as attacks on Saudi Arabia overshadow Trump's Russian supply announcements
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…
Business RecorderPalm rises 1% on strong demand, olein; high stocks caps gains
KUALA LUMPUR: Malaysian palm oil futures climbed 1% on Monday, rebounding from the previous session’s losses, as firmer Dalian palm olein prices and strong export data lent support, though…
Business RecorderGhani Chemical Approves Rs. 2 Billion Investment
Ghani Chemical Industries Limited (PSX: GCIL) has approved an investment of up to Rs. 2.01 billion in three gas projects,
ProPakistaniIndia benchmark shares fall as inflation woes overshadow RBI support measures
Indian benchmark indexes fell on Monday as investors assessed the Reserve Bank of India’s latest measures to support the rupee, while concerns over elevated oil prices and a weaker monsoon kept risk…
Business Recorder
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