Pakistan and world business news from seven outlets, one story per event. Updated just now.
US President Donald Trump said on Sunday that Ukraine and Russia had agreed to what he described as an “energy ceasefire.” Trump, in a social media post, said the energy ceasefire was taking effect…
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…
BENGALURU: Elon Musk said he would price Starlink’s satellite internet service affordably in India to take on Mukesh Ambani’s low-cost Reliance Jio, escalating his attacks on the rival billionaire…
BANGKOK: The World Bank is in discussions with 30 to 40 countries about potential crisis aid to help them manage energy shocks and price increases triggered by the war in the Middle East, its…
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…
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…
KARACHI: The Karachi administration has stepped up citywide action against encroachments, illegal parking, fire safety violations and professional begging.
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…
LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem Ur Rehman has said there is no point in meeting Prime Minister Shehbaz Sharif unless the government agrees to abolish the petroleum levy (PL), warning…
LAHORE: The Punjab government has established a fund for the Centre of Excellence on Countering Violent Extremism and allocated Rs 500 million as seed money.
LAHORE: Expressing strong displeasure over the increase in flour prices, Chief Minister Punjab Maryam Nawaz Sharif directed the authorities concerned to ensure the availability of wheat and flour at…
LAHORE: Pakistan’s textile industry has warned the Punjab government that a new infrastructure levy on imports will drive up production costs, hurt exports and deter investment in the province.
CHITRAL: The Trade Development Authority of Pakistan (TDAP), Peshawar in collaboration with the Chitral Chamber of Commerce & Industry (CCCI), organised the 3rd Chitral Expo 2026 at Pamir Riverside…
KARACHI: Member of the National Assembly, Mirza IkhtiarBaig, has pledged coordinated parliamentary support to address Karachi’s longstanding civic and economic challenges.
WASHINGTON: The number of Americans filing new claims for unemployment benefits fell last week, pointing to continued labor market stability despite a sharp slowdown in job growth in September.
TOKYO: Japanese Prime Minister Sanae Takaichi’s administration is ramping up efforts to shed its growth and easy money image through changes in rhetoric, a move that may backfire unless it is met…
OSLO: Norway’s annual core inflation rate remained at 3.0 percent year-on-year in September, Statistics Norway (SSB) data showed on Friday, supporting expectations that interest rates will stay…
SINGAPORE: China has issued its third batch of export quotas for low-sulfur marine fuel oil for 2026, totalling 1.07 million metric tons, according to trade sources and a consultancy.
WASHINGTON: US wholesale inventories increased less than initially thought in August as strong demand boosted sales, government data showed on Thursday.
BEIJING: China’s central bank stepped up its gold purchases in September, extending its buying streak to a 23rd consecutive month, official data showed on Wednesday.
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