Business
Biden blocks US Steel sale to Japan’s Nippon Steel
January 4, 2025
Biden blocks US Steel sale to Japan’s Nippon Steel
WASHINGTON: US Steel and Nippon Steel threatened legal action after President Joe Biden blocked controversial $14.9 billion deal for the…
Indonesia signs 15.6 mln kilolitres biodiesel allocation for 2025
January 4, 2025
Indonesia signs 15.6 mln kilolitres biodiesel allocation for 2025
JAKARTA: Indonesia’s Energy and Mineral Resources Minister signed a decree on Friday allocating 15.6 million kilolitres (KL) of biodiesel for…
Turkish inflation falls more than expected to 44pc
January 4, 2025
Turkish inflation falls more than expected to 44pc
ISTANBUL: Turkish inflation was lower than expected at 44.38% annually and 1.03% on a monthly basis in December, data showed…
China will sharply increase funding from treasury bonds to spur growth in 2025
January 4, 2025
China will sharply increase funding from treasury bonds to spur growth in 2025
BEIJING: China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment and consumer-boosting initiatives, a…
Power distribution companies blamed for increasing circular debt
January 3, 2025
Power distribution companies blamed for increasing circular debt
The National Electric Power Regulatory Authority (NEPRA) has exposed significant mismanagement in Pakistan’s power distribution sector, revealing alarming details about…
Questions raised on NPCC for purchasing expensive electricity
January 3, 2025
Questions raised on NPCC for purchasing expensive electricity
KARACHI: Pakistan Atomic Energy Commission (PAEC) raised questions on the National Power Control Centre (NPCC) for purchasing expensive electricity when…
Chicken price goes up again
January 3, 2025
Chicken price goes up again
The price of chicken increased again on Friday in the Sindh’s provincial capital. According to details, the chicken was being…
Refineries suggest measures to secure $5bn upgrade projects
January 3, 2025
Refineries suggest measures to secure $5bn upgrade projects
KARACHI: The country’s refining sector has suggested multiple measures to the government to facilitate progress on refinery upgrade agreements under…
Electric vehicle industry expansion in Pakistan
January 3, 2025
Electric vehicle industry expansion in Pakistan
Pakistan’s electric vehicle (EV) industry is poised for significant expansion, with the Special Investment Facilitation Council (SIFC) supporting international partnerships…
Price of gold in Pakistan sees massive increase
January 3, 2025
Price of gold in Pakistan sees massive increase
The price of gold in Pakistan saw a massive third consecutive increase on Friday, reflecting global market trends. In the…