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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.
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Pakistan and world business news from seven outlets, one story per event. Updated 2m ago.
Gold 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.
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MG Morning Breeze: Updates to Skim before Market
Mettis GlobalTSMC expected to report sixth straight quarter of record profit thanks to AI boom
TAIPEI: TSMC, the world’s largest manufacturer of advanced AI chips, will likely report a sixth consecutive quarter of record earnings, driven by booming infrastructure spending in the tech sector.
Business RecorderRBI's Indian rupee boost to spur rally, trigger swings in forward premiums
MUMBAI: The Indian rupee is poised to rally at Monday’s open after the central bank stepped up efforts to curb dollar demand, while higher costs under a new foreign-exchange rule are expected to…
Business RecorderIndian shares set to open higher as oil eases, RBI moves to support rupee
Indian shares are set to open higher on Monday after snapping their longest weekly losing run in 25 years on Friday, as oil prices fell on expectations of a Russia-Ukraine energy ceasefire and the…
Business RecorderWorld Bank proposes USD200m to boost KP tax bases
ISLAMABAD: The World Bank has proposed USD 200 million in financing to help Khyber Pakhtunkhwa (KP) broaden its tax base and improve public service delivery, targeting an increase in the province’s…
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 RecorderSindh CM arrives in Beijing with comprehensive investment plan
BEIJING: Sindh Chief Minister Syed Murad Ali Shah has arrived in Beijing, accompanied by his delegation.
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 RecorderTrump says Russia, Ukraine reached 'energy ceasefire'
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…
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