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Plane billows smoke at Riyadh airport as Houthis escalate attacks
RIYADH/DUBAI: Yemen’s Houthis escalated their campaign of strikes against Saudi Arabia on Thursday, trying to shut down the kingdom’s airspace and oil facilities with missile fire that has killed…
Business Recorder
Wall St slips as higher yields and oil prices flag inflation risk
US stocks edged lower on Thursday as soaring oil prices and Treasury yields near multi-year highs stoked inflation worries on the cusp of a critical earnings season expected to test recent market…
Business RecorderIndia 10-year yield hits Dec 2023 peak as US debt rout, oil spike hurt
MUMBAI: Indian government bonds were pummelled by an intensifying US debt rout and surging oil prices on Thursday, which compounded pain from the Reserve Bank of India’s first rate hike since…
Business Recorder
Oil Jumps Back Above $105 Yet Again
Oil prices jumped around 5 percent on Thursday. Brent crude rose 4.81 percent from Wednesday’s close to $105.02 per barrel,
ProPakistani
Nepra raises electricity tariff by Rs1.11 per unit under August FCA
A technician fixes new electricity meters at a residential building in Karachi.
Geo NewsPalm climbs over 3% on Indian demand, duty waiver expectations
KUALA LUMPUR: Malaysian palm oil futures climbed more than 3% on Thursday, recovering from two straight sessions of losses, as robust demand from top buyer India outweighed concerns over rising…
Business Recorder30% New Cars in Pakistan Will Be Electric
Pakistan expects to achieve its electric vehicle (EV) adoption target ahead of schedule as rising oil prices make electric vehicles
ProPakistani
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