Business
General Motors lays off about 1,000 workers, cutting costs to compete in a crowded automobile market
November 16, 2024
General Motors lays off about 1,000 workers, cutting costs to compete in a crowded automobile market
DETROIT: General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded…
Govt rules out mini-budget following IMF’s ‘productive’ visit
November 16, 2024
Govt rules out mini-budget following IMF’s ‘productive’ visit
ISLAMABAD: The federal government has dismissed the possibility of a mini-budget following the conclusion of the International Monetary Fund’s (IMF)…
Govt maintains petrol, diesel prices for next fortnight
November 16, 2024
Govt maintains petrol, diesel prices for next fortnight
ISLAMABAD: The federal government has maintained the prices of petrol and high-speed diesel (HSD) for the next fortnight, starting from…
Govt mulling G2G sale of PIA following failed privatisation bid
November 16, 2024
Govt mulling G2G sale of PIA following failed privatisation bid
ISLAMABAD: Following its failure to attract the required bid for the privatisation of Pakistan International Airlines (PIA), the incumbent government…
PSX sustains record-setting pace driven by upbeat economic outlook
November 15, 2024
PSX sustains record-setting pace driven by upbeat economic outlook
KARACHI: Stocks extended their winning streak on Friday, hitting a new all-time high after briefly crossing 95,000 mark, as upbeat…
SECP registers 2,477 new companies in October 2024
November 15, 2024
SECP registers 2,477 new companies in October 2024
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 2,477 new companies in October 2024. This brings the total…
Oil heads for weekly loss as Chinese demand continues to underperform
November 15, 2024
Oil heads for weekly loss as Chinese demand continues to underperform
SINGAPORE: Oil prices fell on Friday on signs demand in China, the world’s biggest crude importer, continues to underperform amid…
Why your grocery bill keeps rising – 16 years of inflation in Pakistan
November 15, 2024
Why your grocery bill keeps rising – 16 years of inflation in Pakistan
KARACHI: Over the past 16 years, inflation in Pakistan has silently drained household budgets, adding a significant burden to the…
Gold faces worst week in more than 3 years
November 15, 2024
Gold faces worst week in more than 3 years
KARACHI: Gold traded little changed on Friday, but was set for its worst week in more than three years, hurt…
Fog disrupts flight Op across Pakistan: 11 flights cancelled, 53 delayed
November 15, 2024
Fog disrupts flight Op across Pakistan: 11 flights cancelled, 53 delayed
KARACHI: Severe fog has disrupted flight operations across the country, causing cancellations, delays, and diversions. According to airport authorities, 11…