Business

Oil rises on expanding Chinese factory activity, but set to end year lower

Oil rises on expanding Chinese factory activity, but set to end year lower

SINGAPORE: Oil prices rose on Tuesday after data showed China’s manufacturing activity expanded in December, but they are on track…
Cocoa tops global commodities rally for 2nd year, steel ingredients struggle on China demand

Cocoa tops global commodities rally for 2nd year, steel ingredients struggle on China demand

SINGAPORE: Cocoa and coffee are poised to close 2024 as the biggest gainers among commodities for a second year on…
Chicken prices surge to Rs600/kg; citizens enraged!

Chicken prices surge to Rs600/kg; citizens enraged!

LAHORE: Citizens are expressing outrage over the skyrocketing prices of chicken, which have surged to over Rs600 per kilogramme in…
FBR poised to ensure countrywide implementation of ‘Faceless Customs Assessment System’ by June 2025

FBR poised to ensure countrywide implementation of ‘Faceless Customs Assessment System’ by June 2025

ISLAMABAD: The 10-month-old incumbent government, under the dynamic leadership of Prime Minister Shehbaz Sharif, has not only developed the Faceless…
IRSA releases 31,500 cusecs water

IRSA releases 31,500 cusecs water

ISLAMABAD: Indus River System Authority (IRSA) on Monday released 31,500 cusecs water from various rim stations with inflow of 39,100…
Use of compressor for increasing gas pressure dangerous, illegal: SNGPL

Use of compressor for increasing gas pressure dangerous, illegal: SNGPL

ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) has advised consumers to refrain from using gas compressors to increase pressure,…
PR refund Rs 380 mln to passengers on account of undue delay

PR refund Rs 380 mln to passengers on account of undue delay

ISLAMABAD: Pakistan Railways (PR) has refunded an amount of Rs 380 million to passengers during a period of three years…
Punjab plans e-taxi service following Chinese model

Punjab plans e-taxi service following Chinese model

LAHORE: The Punjab government has announced plans to launch an electric taxi service across the province, implementing a model similar…
Petrol price could see Rs2 per litre decrease

Petrol price could see Rs2 per litre decrease

ISLAMABAD: The petrol price is expected to drop by Rs2 per litre, while high-speed diesel (HSD) is likely to rise…
Oil inches higher in thin trade, investors focus on China, US data

Oil inches higher in thin trade, investors focus on China, US data

Oil prices edged up on Monday in thin holiday trade ahead of the year-end as traders awaited more Chinese and…
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