Business
Pakistan, ADB sign $500m loan agreement
November 19, 2024
Pakistan, ADB sign $500m loan agreement
ISLAMABAD: Pakistan has signed a $500 million loan agreement with the Asian Development Bank (ADB) under the Climate and Disaster…
Hotels, restaurants, food points permitted to open till 10pm
November 19, 2024
Hotels, restaurants, food points permitted to open till 10pm
LAHORE: With mitigation of smog, the Punjab government has allowed hotels, restaurants, eateries and all food points to open till…
Oil prices gain on supply outages, caution over Russia-Ukraine war
November 19, 2024
Oil prices gain on supply outages, caution over Russia-Ukraine war
TOKYO: Oil prices edged up on Tuesday, extending the previous day’s rally driven by a halt in production at Norway’s…
Nestle to cut costs, boost marketing under CEO Freixe
November 19, 2024
Nestle to cut costs, boost marketing under CEO Freixe
VEVEY: Nestle will boost advertising and marketing, trim costs, carve out its water and premium drinks businesses into a standalone…
IMF points out defects in budget formulation, execution
November 19, 2024
IMF points out defects in budget formulation, execution
ISLAMABAD: The International Monetary Fund (IMF) has pointed out glaring defects in the budget-making and execution practices in Pakistan underscoring…
IMF warns Asia retaliatory tariffs could undermine growth
November 19, 2024
IMF warns Asia retaliatory tariffs could undermine growth
CEBU: The International Monetary Fund (IMF) warned on Tuesday that “tit-for-tat” tariffs could undermine Asia’s economic prospects, raise costs and…
Pakistan’s IT exports jump 34.9%, surpass $1.2bn in 4 months
November 18, 2024
Pakistan’s IT exports jump 34.9%, surpass $1.2bn in 4 months
ISLAMABAD: Pakistan’s IT exports recorded a historic 34.9% growth during the first four months of the current financial year, exceeding…
ADB launches initiative to promote food security amid climate change
November 18, 2024
ADB launches initiative to promote food security amid climate change
ISLAMABAD: As countries around the world continue to face worsening effects of climate change, the Asian Development Bank (ADB) on…
Russia cuts gas to Austria in payment dispute
November 18, 2024
Russia cuts gas to Austria in payment dispute
MOSCOW: Russia halted gas supplies to Austria in a dispute over payments but was still pumping steady volumes to Europe…
Tata seals deal with Pegatron for iPhone plant in India’s Tamil Nadu, sources say
November 18, 2024
Tata seals deal with Pegatron for iPhone plant in India’s Tamil Nadu, sources say
NEW DELHI: India’s Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron’s only iPhone plant…