Companies Intel’s new CEO plots overhaul of manufacturing and AI operations SAN FRANCISCO: Intel’s incoming CEO Lip-Bu Tan has considered significant changes to its chip manufacturing ... Published 26 Mar, 2025 08:28am
Companies Alphabet to buy Wiz for $32bn in its biggest deal to boost cloud security SAN FRANCISCO: Alphabet said on Tuesday it would buy Wiz for about $32 billion in its biggest deal ever, as the... Published 26 Mar, 2025 08:26am
China promotes business potential to Apple, Pfizer and other companies BEIJING: China sought to reassure foreign corporate chiefs of the country’s business potential when Vice Premier He... Published 26 Mar, 2025 08:24am
Agriculture and Allied Peru to spend $24bn on irrigation to expand farmlands LIMA: Peruvian Agriculture Minister Angel Manero on Monday announced some $24 billion in largely public-private... Published 26 Mar, 2025 08:22am
Companies Amazon, Google sign pledge to support tripling of nuclear energy capacity by 2050 BENGALURU: Major companies such as Amazon and Google on Wednesday signed a pledge to support the goal of at least... Published 26 Mar, 2025 08:19am
Companies Car parts supplier Valeo weighs Trump tariffs NEW YORK: Valeo CEO Christophe Perillat said on Thursday he saw a marginal impact on earnings from US tariffs on... Published 26 Mar, 2025 08:17am
Europe Few European allies meet 3pc defence spending mark PARIS: Only four NATO countries currently spend more than three percent of output on defence — a benchmark ... Published 26 Mar, 2025 08:14am
Companies Airbus says next jet ‘evolutionary not revolutionary’ TOULOUSE (France): Airbus CEO Guillaume Faury said on Tuesday the planemaker’s next single-aisle jet would be... Published 26 Mar, 2025 08:11am
Canadian election campaign limits govt as more tariffs loom OTTAWA: Canadian Prime Minister Mark Carney’s decision to call for a snap election for April 28 could curtail his... Published 26 Mar, 2025 08:10am
US economic activity up slightly as tariff worries rise, Fed survey WASHINGTON: US economic activity has risen slightly but unevenly since mid-January, employment nudged higher, and... Published 26 Mar, 2025 08:09am
S&P warns Turkey’s tensions risk a setback for reforms LONDON: Credit rating firm S&P Global warned on Monday that the troubles triggered by the arrest of President... Published 26 Mar, 2025 08:07am
EU’s slow 5G rollout weighs on mobile sector, industry BARCELONA: The European Union’s slow adoption of 5G networks and lagging performance compared to other regions is... Published 26 Mar, 2025 08:05am
Companies Microchip Technology to cut 2,000 jobs as automotive demand wilts BENGALURU: Microchip Technology said it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker... Published 26 Mar, 2025 08:04am
Companies HSBC mulls outsourcing some fixed income trading: Bloomberg LONDON: HSBC is considering outsourcing some of its fixed income trading order flow to a third-party firm, Bloomberg... Published 26 Mar, 2025 08:03am
Companies Siemens to cut 8pc of jobs at struggling factory automation business ZURICH: Siemens will cut 5,600 jobs at its Digital Industries business, the engineering company said on Tuesday, in... Published 26 Mar, 2025 08:01am
Businesses sound alarm as Trump tariff chaos hits consumers LONDON/NEW YORK/ WASHINGTON: With each day, evidence is mounting across the corporate world that the chaotic... Published 26 Mar, 2025 07:59am
Companies GM, Hyundai in talks to share pickups and electric vans in N America SEOUL: Hyundai Motor and General Motors are close to finalizing a deal for Hyundai to share two electric commercial... Published 26 Mar, 2025 07:58am
Companies Qatar Airways wins approval for stake in Virgin Australia SYDNEY: Canberra will let Qatar Airways buy a 25 percent stake in troubled airline Virgin Australia, a senior... Published 26 Mar, 2025 07:56am
Energy BP cuts renewable investment and boosts oil and gas in strategy shift LONDON: BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas... Published 26 Mar, 2025 07:54am
Freshwater ecosystems in South Asia: WWF, GSK announce multi-million-pound partnership KARACHI: In a groundbreaking initiative to combat water stress and safeguard biodiversity, the World Wide Fund for... Published 26 Mar, 2025 07:50am
Industry Market stability disrupted, cash flows affected: PAAPAM highlights ‘negative’ impact of Green Tractor Scheme LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has voiced serious... Published 26 Mar, 2025 07:48am
PMD issues drought alert amid severe water shortages LAHORE: The Pakistan Meteorological Department (PMD) has issued drought alert which is the continuation of drought... Published 26 Mar, 2025 07:46am
Peri urban plan being followed for Faisalabad: DG FDA FAISALABAD: Second proposed master plan has been dropped and the Peri Urban Plan is being followed for the planned,... Published 26 Mar, 2025 07:45am
Taxes IR & Pak Customs: FBR establishes Strategic Tariff, Revenue Analysis Wings ISLAMABAD: The Federal Board of Revenue (FBR) has established the Strategic Tariff and Revenue Analysis Wings for... Published 26 Mar, 2025 07:41am
Industry Govt benchmark helps arrest sugar price hike: PSMA Punjab LAHORE: Pakistan Sugar Mills Association (Punjab Zone) has claimed that artificial price hike of sugar, sponsored by... Published 26 Mar, 2025 07:40am
RUDA to transform Booti dumpsite into carbon credit project LAHORE: The Ravi Urban Development Authority (RUDA) is taking a major step toward environmental sustainability by... Published 26 Mar, 2025 07:33am
Al-Qadir Trust scam: IHC defers sentence suspension plea of IK, Bushra ISLAMABAD: The Islamabad High Court (IHC) deferred the hearing of Pakistan Tehreek-e-Insaf (PTI) founder and Bushra... Published 26 Mar, 2025 07:29am
CJP emphasises digitalisation of court processes ISLAMABAD: Chief Justice of Pakistan Yahya Afridi emphasised the digitalisation of court processes, enhanced... Published 26 Mar, 2025 07:27am
Arrest warrants for Gandapur upheld ISLAMABAD: A local court on Tuesday again upheld the arrest warrant issued for Khyber-Pakhtunkhwa Chief Minister Ali... Published 26 Mar, 2025 07:26am
Death of COAS’s mother: President, PM express condolence ISLAMABAD: President Asif Ali Zardari, Prime Minister Shehbaz Sharif and other political figures have expressed... Published 26 Mar, 2025 07:25am
Alhamra hosts calligraphy & painting exhibition LAHORE: The Lahore Arts Council (Alhamra) has unveiled a remarkable Calligraphy and Painting Exhibition at the Allah... Published 26 Mar, 2025 07:23am
Hygiene, physical cleanliness help prevent fungal infection: Experts LAHORE: With a view to raise awareness regarding fungal infections, symptoms, preventive measures and treatment, a... Published 26 Mar, 2025 07:23am
Companies Cryptocurrency exchange Kraken to buy NinjaTrader for $1.5bn BENGALURU: Kraken, one of the world’s largest cryptocurrency exchanges, said on Thursday it would buy retail... Published 26 Mar, 2025 07:20am
IMF warns Sri Lanka trade unions against strike over pay demand COLOMBO: Sri Lanka’s fragile economic recovery could be hampered by threatened trade union strikes over reduced... Published 26 Mar, 2025 07:14am
Wearable tech has far to go before challenging smartphones BARCELONA: Wearable gadgets like smart watches and glasses are growing more capable every year, but experts say... Published 26 Mar, 2025 07:13am
CDA approves QR code payment system for businesses, eateries ISLAMABAD: Capital Development Authority (CDA) on Tuesday approved the introduction of a QR code payment system for... Published 26 Mar, 2025 07:04am
Industry CDA directed to complete Business Facilitation Centre ISLAMABAD: The Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan has... Published 26 Mar, 2025 07:01am
Energy Dar for a comprehensive strategy to boost E&P sector ISLAMABAD: The Deputy Prime Minister, Ishaq Dar, chaired a high-level meeting Tuesday to assess critical issues... Published 26 Mar, 2025 07:00am
Deadline fast approaching: Efforts to deport approx 0.8m illegal Afghans geared-up ISLAMABAD: Pakistan has geared-up its efforts to deport approximately 800,000 undocumented and illegal Afghan... Published 26 Mar, 2025 06:58am
Federal Ombudsman calls on Zardari ISLAMABAD: Federal Ombudsman Ijaz Ahmed Qureshi, Tuesday, called on President Asif Ali Zardari, said a press ... Published 26 Mar, 2025 06:57am
Green Yakeen plantation drive inaugurated LAHORE: In a landmark move towards environmental restoration and sustainability, Green Yakeen, an ambitious... Published 26 Mar, 2025 06:55am
KP Govt finalizes action plan to eliminate terrorism PESHAWAR: A high level meeting held here on Tuesday with Chief Minister Khyber Pakhtunkhwa Ali Amin Gandapur in the... Published 26 Mar, 2025 06:51am
Immediate release of CDA employees from FIA custody demanded ISLAMABAD: The Capital Development Authority (CDA) Officers Association on Tuesday strongly condemned the... Published 26 Mar, 2025 06:48am
Companies TikTok to invest $8.8bn in Thailand over five years BANGKOK: TikTok plans to invest $8.8 billion in Thailand over the next five years, focusing on digital... Published 26 Mar, 2025 06:46am
KP to develop 10-year strategy for varsities PESHAWAR: Khyber Pakhtunkhwa Chief Minister Ali Amin Khan Gandapur has decided to develop a 10-year strategy... Published 26 Mar, 2025 06:44am
Mayor Karachi announce steps to improve traffic flow in Saddar KARACHI: Mayor Karachi, Barrister Murtaza Wahab on Tuesday announced immediate steps to improve the traffic system ... Published 26 Mar, 2025 06:42am
Trump officials defend use of wartime law to deport migrants • Venezuela denies deportees’ gang affiliation Published 26 Mar, 2025 06:41am
Migrant deaths hit record in 2024, UN agency says GENEVA: Last year was the deadliest on record for migrants, with nearly 9,000 people dying on perilous routes and ... Published 26 Mar, 2025 06:39am
From green to gray: the changing face of Islamabad The urban centers have forever shaped the national economic trajectory and have contributed extensively to the... Published 26 Mar, 2025 06:13am
Trump’s head-on collision with judiciary In every successful democracy, the strength of governance stems from a careful balance of powers. The United States,... Published 26 Mar, 2025 06:11am
Passports not valid for travel: No Israel visit possible under rules: FO ISLAMABAD: The Foreign Office has clarified on Tuesday that Pakistani passports explicitly state they are “not valid... Updated 26 Mar, 2025 09:38am
YouTube star charged with blasphemy over perfume LAHORE: A YouTube star has been charged with blasphemy after launching a perfume named after the very law he has... Published 26 Mar, 2025 05:25am
Canada says India may seek to meddle in election OTTAWA: China and India are likely to try to interfere in the Canadian general election on April 28, while Russia... Published 26 Mar, 2025 05:25am
South Asia Afghan women risk Taliban wrath over hair trade KABUL: Until Taliban authorities took power in Afghanistan, women like Fatima were able to freely sell their hair to... Published 26 Mar, 2025 05:25am
Punjab minister says country facing severe water shortage LAHORE: Punjab Information Minister Azma Bokhari has said that Punjab has no claim over Sindh’s water and that no... Published 26 Mar, 2025 05:25am
First-ever ‘EU-Pak Business Forum’ to be held on May 14th ISLAMABAD: The first-ever High-Level EU-Pakistan Business Forum will be held in Islamabad on 14-15 May 2025, the... Updated 26 Mar, 2025 08:47am
Ecnec approves 13 key projects worth Rs1.275trn ISLAMABAD: The Executive Committee of the National Economic Council (Ecnec) approved 13 development projects worth... Updated 26 Mar, 2025 02:23pm
Govt decides to restructure SMEDA ISLAMABAD: The government has decided to restructure the Small and Medium Enterprises Development Authority (SMEDA)... Published 26 Mar, 2025 05:25am
Discos sell-off: FAs speak of private sector participation ISLAMABAD: The Financial Advisors (FAs) have briefed the Power Division and Privatisation Commission on private... Updated 26 Mar, 2025 08:49am
CCoP clears PIACL divestment with management stake ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) headed by Ishaq Dar, DPM/FM has approved divestment of 51%... Updated 26 Mar, 2025 09:37am
Reko Diq comes under renewed ECC focus ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet met on Tuesday with Federal Minister for Finance... Published 26 Mar, 2025 05:25am
Reko Diq Project: OGDCL completes updated feasibility study ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) has announced the completion of the updated... Published 26 Mar, 2025 05:25am
Metal sector in EFS: NA body for holding Mar 7 SRO in abeyance ISLAMABAD: The National Assembly Standing Committee on Commerce Tuesday directed the Federal Board of Revenue (FBR)... Updated 26 Mar, 2025 09:38am
PECA Act 2016: Taxpayers’ data declared as ‘Critical Infrastructure’ ISLAMABAD: The Federal Board of Revenue (FBR) has declared taxpayers’ data as “Critical Infrastructure” and ... Published 26 Mar, 2025 05:25am
India slaps Samsung with tax demand of $601m for telecom imports NEW DELHI: India has ordered Samsung and its executives in the country to pay $601 million in back taxes and... Published 26 Mar, 2025 05:25am
Rates PSX sees modest rebound KARACHI: The Pakistan Stock Exchange (PSX) faced volatility on Tuesday but managed to close with a slight recovery.... Published 26 Mar, 2025 05:25am
Finance Division outlook: YoY LSM slump shows underlying weaknesses ISLAMABAD: The Finance Division has warned that the year on year (YoY) decline in Large Scale Manufacturing (LSM)... Updated 26 Mar, 2025 02:24pm
Industry French industry awaits shift in EDF strategy under new CEO PARIS: Bernard Fontana, France’s nominee to head state nuclear company EDF, would face a daunting to-do list if he... Published 26 Mar, 2025 05:25am
Companies Holcim spin-off Amrize targets robust growth in US construction market ZURICH: Holcim’s imminent North American spin-off Amrize is targeting robust growth in earnings and sales through... Published 26 Mar, 2025 05:25am
Europe German spending plans cheer investors: survey FRANKFURT: German investor sentiment posted its biggest rise in over two years in March, fuelled by... Published 26 Mar, 2025 05:25am
Europe Italian and Chinese shareholders in Pirelli clash over governance MILAN: Chinese and Italian shareholders in Pirelli are at odds over the group’s governance, two sources said, with... Published 26 Mar, 2025 05:25am
Europe Portugal busts submarine with 6.5 tonnes of cocaine LISBON: Officers have confiscated nearly 6.5 tonnes of cocaine from a semi-submersible submarine intercepted off the... Published 26 Mar, 2025 05:25am
China poses top military, cyber threat to US, intel chiefs say WASHINGTON: China remains the United States’ top military and cyber threat, according to a report by US... Published 26 Mar, 2025 05:25am
Democrats demand Trump officials resign over chat on Yemen strikes WASHINGTON: The Trump administration sought on Tuesday to contain the fallout after a magazine journalist disclosed... Published 26 Mar, 2025 05:25am
Asia Student anti-corruption rallies spread across Balkans BELGRADE: Massive student-led anti-graft protests have spread from Serbia to neighbouring Balkan countries, with... Published 26 Mar, 2025 05:25am
European states warn citizens over US travel restrictions PARIS: Several European countries and Canada have alerted their citizens about tightened restrictions for travellers... Published 26 Mar, 2025 05:25am
Bangladesh’s Yunus to meet Xi amid strained India ties DHAKA: Bangladesh’s head of the interim government is set to hold his first meeting with Chinese President Xi... Published 26 Mar, 2025 05:25am
Half of Yemen’s under-fives acutely malnourished: UN GENEVA: One in two children aged under five in Yemen are acutely malnourished, the United Nations said on Tuesday,... Published 26 Mar, 2025 05:25am
Paper Lahore Paper Market Rates LAHORE: Paper market rates in rupees on Tuesday (March 25, 2025). ======================================= Offset... Published 26 Mar, 2025 05:25am
Rates Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 25, 2025).... Published 26 Mar, 2025 05:25am
Forex Kerb buying and selling rate of US dollar KARACHI: Dollar buying and selling rate in the kerb market in rupees on Tuesday (March 25, 2025).... Published 26 Mar, 2025 05:25am
Forex Dollar's rate in interbank market KARACHI: Interbank closing rates for dollar on Tuesday (March 25, 2025). ======================== Open Bid Rs... Published 26 Mar, 2025 05:25am
Rates Kibor interbank offered rates KARACHI: Kibor interbank offered rates on Tuesday (March 25, 2025). ========================== KIBOR... Published 26 Mar, 2025 05:25am
Forex Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 26 Mar, 2025 05:25am
Rates LME official prices LONDON: The following were Monday official prices. ========================================= ALUMINIUM... Published 26 Mar, 2025 05:25am
The Weather KARACHI: The weather report on Tuesday (March 25, 2025) and the forecast for Wednesday (March 26, 2025)... Published 26 Mar, 2025 05:25am
Fragile climate defences EDITORIAL: If there is one glaring reality that emerges when going through recent headlines pertaining to climate... Published 26 Mar, 2025 05:25am
Illusion of time scarcity There is just no time. I could do it, but where is the time? I wish I had more time. I’m running against time. These... Published 26 Mar, 2025 05:25am
SEZs and economic development During the decade of the 1980s a paradigm shift took place in the minds of economic policy makers; the movement in... Updated 26 Mar, 2025 06:34am
Stocks Nikkei snaps losing streak as tariff jitters ease TOKYO: Japan’s Nikkei share average snapped a three-day losing streak on Tuesday, as indications that impending US... Published 26 Mar, 2025 05:25am
Stocks HK stocks weaken as tech shares lead declines HONG KONG: Hong Kong stocks weakened on Tuesday as tech stocks led a broad selloff, with Xiaomi’s planned share... Published 26 Mar, 2025 05:25am
Stocks European shares advance as softer US tariff hopes lift sentiment FRANKFURT: European shares ended higher on Tuesday in conjunction with global markets as investors grew optimistic... Published 26 Mar, 2025 05:25am
Stocks Wall St inches up in choppy trading with focus on tariffs NEW YORK: Wall Street’s major indexes edged higher in choppy trading on Tuesday as investors assessed consumer... Published 26 Mar, 2025 05:25am
Money & Banking Asian currencies: Rupiah hits lowest in nearly 27 years BENGALURU: The Indonesian rupiah plummeted to its weakest since the Asian Financial Crisis nearly three decades ago... Published 26 Mar, 2025 05:25am
Money & Banking Dollar dips as traders stay cautious NEW YORK: The dollar weakened against the euro and yen on Tuesday as uncertainty around President Donald Trump’s... Published 26 Mar, 2025 05:25am
Rates Activities of Port Qasim KARACHI: A total of eight ships were engaged at PQA berths during the last 24 hours, out of them two ships, Eleni-T... Published 26 Mar, 2025 05:25am
Commodities Malaysian palm oil falls JAKARTA: Malaysian palm oil futures declined for a third session on Tuesday to its lowest closing in nearly two... Published 26 Mar, 2025 05:25am
Commodities Jordan buys estimated 50,000 tons of wheat in tender HAMBURG: Jordan’s state grains buyer purchased about 50,000 metric tons of hard milling wheat to be sourced from... Published 26 Mar, 2025 05:25am
Cotton & Textile Business volume low on cotton market LAHORE: The local cotton market on Tuesday remained bearish and trading volume remained low. Cotton Analyst Naseem... Published 26 Mar, 2025 05:25am
Cotton & Textile Cotton spot rates KARACHI: official KCA spot rates for local dealings in Pakistan rupees on Tuesday, (March 25, 2025)... Published 26 Mar, 2025 05:25am