TechMusk gets more time to respond to U.S. SEC lawsuit over Twitter stake
SEC says Musk delayed 11 days in disclosing 5% Twitter stake, letting him buy over $500 million in shares at lower prices
Jul 18, 2025
Monitoring Report
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AutomobileUber to invest $300 million in U.S. automaker Lucid to launch robotaxi service
Lucid to provide 20,000 gravity SUVs equipped with Nuro self-driving tech for Uber’s U.S. robotaxi fleet
Jul 18, 2025
World Business NewsU.S. import prices edge up 0.1% in June
In the 12 months through June, import prices fell 0.2%, matching May's decrease
Jul 18, 2025
World Business NewsTrump Jr.-backed firearm company sees 22% stock decline post-listing
Trump Jr., who owns 300,000 shares and holds a board seat, promotes the gun retailer as part of a broader push into political business ventures
Jul 18, 2025
World Business NewsU.S. government eases remote work rules for religious holidays
Office of Personnel Management advises agencies to adopt a flexible approach toward remote work during religious holidays
Jul 18, 2025
World Business NewsZuckerberg and Meta board reach $8 billion settlement over data privacy
Meta states on its website that it has spent billions of dollars since 2019 to improve user privacy
Jul 18, 2025
World Business NewsPepsiCo beats earnings estimates with strong global demand
PepsiCo says it would rebrand Lay’s and Tostitos with no artificial colours or flavours by the end of the year
Jul 18, 2025
HeadlinesWorld Bank team to visit Pakistan on July 20 for energy sector review
Team will review Pakistan’s energy portfolio and evaluate STATCOM installation for Phase 1 of transmission security program
Jul 18, 2025
HeadlinesCurrency market faces dollar shortage despite record remittances and current account surplus: report
Importers, students, and travellers struggling to access dollars as banks charge above State Bank rates
Jul 18, 2025
HeadlinesPakistan faces $23 billion in external debt servicing this year
External debt includes $12 billion in deposits, with significant repayments due to bondholders and commercial lenders
Jul 18, 2025
HeadlinesPPRA finalizes new public procurement rules for 2025 to enhance transparency, efficiency
Updated regulations focus on independent oversight, procurement committees, and new thresholds for tender evaluations
Jul 18, 2025
HeadlinesTemu under scrutiny by CCP for unfair practices distorting local e-commerce market
Retailers and sellers, including Chainstore Association of Pakistan raise concerns, alleging Temu’s actions are anti-competitive and damaging to consumers and local businesses
Jul 18, 2025