Hike in energy rates to hurt economy: PDP Karachi: Expressing serious concern over reports of further hike in oil and gas prices following new loan from... Published 03 Jul, 2023 06:04am
Business & Finance Cyclone Biparjoy: SSGC suspends supply of gas to all industries Measure aimed at ensuring power supply to consumers Updated 14 Jun, 2023 08:00pm
Business & Finance FPCCI chief says govt’s 3.5pc GDP growth target unrealistic LAHORE: President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Irfan Iqbal Sheikh on Saturday... Published 11 Jun, 2023 03:55am
Business & Finance UK recession risks persist despite brighter growth data LONDON: The UK economy performed slightly better than thought in the final quarter of last year, revised data showed... Published 03 Apr, 2023 07:35am
Business & Finance Magellan Midstream raises cash flow, profit estimates on higher prices HOUSTON: Magellan Midstream Partners LP on Thursday raised its cash flow and profit forecasts for this year as it... Published 09 May, 2022 05:39am
Markets Shell posts record quarterly profit, lifted by energy price surge LONDON: Shell on Thursday reported a record first-quarter profit of $9.13 billion, boosted by higher oil and gas... Published 06 May, 2022 05:03am
Opinion Tentative start The new government has undoubtedly inherited a turbulent economy. The woes are not due only to political ... Updated 29 Apr, 2022 01:41pm
Markets US natural gas futures gain NEW YORK: US natural gas futures rose about 4% to near a four-week high on Wednesday, gaining some rare support from... Published 04 Mar, 2022 04:37am
Opinion Oil majors face backlash as era of big profits returns Soaring energy prices have brought massive profits to oil majors — along with fierce criticism from... Published 14 Feb, 2022 06:47am
BR Research Power generation: Signs of growth Having stayed virtually stagnant for two years, Pakistan’s grid electricity generation in 2021 went up by 10.4... Published 25 Jan, 2022 08:05am
World ‘Cash machine’ BP boosts share buyback as profit surges LONDON: BP added more than a billion dollars to its share buyback programme on Tuesday as it likened itself to a... Published 03 Nov, 2021 03:54am
Print 2023 elections will be held after 7th census ISLAMABAD: Federal Minister for Information Fawad Chaudhry said on Tuesday that the next general election would be... Updated 22 Sep, 2021 09:44am
Markets Oil prices fall from 6-week highs NEW YORK: Oil prices fell from six-week highs on Friday, as investors unloaded positions after weak Japanese crude... Published 01 May, 2021 03:28am
Business & Finance Exxon posts first profit in five quarters on higher oil prices Net income attributable to Exxon was $2.73 billion, or 64 cents per share, in the first quarter, compared with a loss of $610 million, or 14 cents per share, a year earlier. Published 30 Apr, 2021 04:27pm