Business
Shein, Temu gear up for 2026 UK trial over copyright, competition claims
November 5, 2024
Shein, Temu gear up for 2026 UK trial over copyright, competition claims
LONDON: Online fast-fashion platforms Shein and Temu are gearing up for a 2026 trial at London’s High Court, with the…
SBP cuts policy rate by 250bps, exceeding forecasts, in fourth straight easing
November 4, 2024
SBP cuts policy rate by 250bps, exceeding forecasts, in fourth straight easing
KARACHI: The State Bank of Pakistan (SBP) on Monday slashed the key policy rate by 250 basis points (bps) to…
KP doubles down on PIA acquisition as Punjab rejects reports of buying national carrier
November 4, 2024
KP doubles down on PIA acquisition as Punjab rejects reports of buying national carrier
PESHAWAR: After Khyber Pakhtunkhwa’s Board of Investment and Trade (BOIT) expressed “earnest interest” in purchasing the Pakistan International Airlines (PIA),…
PSX rallies to record high on economic optimism amid strong indicators
November 4, 2024
PSX rallies to record high on economic optimism amid strong indicators
KARACHI: Stocks on Monday rallied to a fresh record ahead of a pivotal central bank meeting, fueled by investor optimism…
‘US election 2024 can shape Bitcoin’s future as candidates clash on crypto policy’
November 4, 2024
‘US election 2024 can shape Bitcoin’s future as candidates clash on crypto policy’
NEW YORK: Bitcoin (BTC) investors are closely examining the differing cryptocurrency policies of Vice President Kamala Harris and former President…
Interest rates decline draws positive response from KP citizens
November 4, 2024
Interest rates decline draws positive response from KP citizens
PESHAWAR: The residents of Khyber Pakhtunkhwa have expressed satisfaction over the recent decrease in interest rates and overall economic improvements…
Interest rates decline draws positive response from KP citizens
November 4, 2024
Interest rates decline draws positive response from KP citizens
KARACHI: Pakistan’s export sectors have achieved remarkable growth during fiscal year 2024, primarily driven by Special Investment Facilitation Council’s (SIFC)…
OPEC extends its oil output cuts by one month until the end of December
November 4, 2024
OPEC extends its oil output cuts by one month until the end of December
JEDDAH: Saudi Arabia and allied oil producing countries said on Sunday they would postpone a plan to gradually increase oil…
The UAE opens its annual oil-and-gas summit as industry weathers Mideast wars and awaits US election
November 4, 2024
The UAE opens its annual oil-and-gas summit as industry weathers Mideast wars and awaits US election
ABU DHABI, United Arab Emirates: The United Arab Emirates opened its annual oil-and-gas summit on Monday as it plans to…
KE consumers to pay higher electricity bills from this month
November 4, 2024
KE consumers to pay higher electricity bills from this month
KARACHI: K-Electric consumers will face an increase in their monthly electricity bills as the power utility has announced an adjustment…