World Business NewsNorway cuts interest rate to 4.25% as inflation eases
Core inflation slows to 2.8% in May, down from previous months but still above the bank’s 2% target
Jun 19, 2025
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World Business News
HeadlinesSenate panel rejects Rs2.5/litre carbon levy on petroleum products
Proposal aimed at boosting non-tax revenue and funding green energy initiatives faces political setback
Jun 19, 2025
World Business NewsJapan’s LNG demand rises as AI boom and energy plan boost power needs
Energy use in Japan is expected to rise by 12% to 22% by 2040, with power generation reaching between 1,100 and 1,200 terawatt-hours
Jun 19, 2025
World Business NewsSwiss National Bank warns of global economic uncertainty
Swiss National Bank cites trade tensions, high debt, and stretched markets as global risks
Jun 19, 2025
HeadlinesAirblue, Gerry’s Group join race for PIA as bid deadline nears
Expressions of interest for up to 100% stake in loss-making airline close Thursday
Jun 19, 2025
SportsLA Lakers to be sold in $10 billion NBA record deal, says ESPN
The agreement would mark the largest-ever sale of a professional sports team
Jun 19, 2025
TechMicrosoft considers ending talks with OpenAI over equity disagreement
Microsoft is prepared to keep the current deal in place unless a new offer improves its position
Jun 19, 2025
World Business NewsBank of England keeps interest rate steady at 4.25% amid global risks
The BoE says Interest rates will move gradually and carefully, though they are not on a fixed path
Jun 19, 2025
World Business NewsNike delays launch of women’s brand with Kim Kardashian’s Skims
Both sides are taking more time to finalize the product, a Nike spokesperson says
Jun 19, 2025
HeadlinesIrregularities found in KP health procurement as four companies fail to deliver Rs1.19 billion worth of medicines
Despite findings, no action has been taken against the companies or officials, with blame placed on former procurement staff
Jun 19, 2025
World Business NewsBoeing 737 MAX victims' families challenge $1.1 billion plea agreement
The plea agreement requires Boeing to plead guilty to a criminal fraud conspiracy charge
Jun 19, 2025
HeadlinesSIFC discusses way forward for $6 billion refinery upgrade after IMF rejects govt proposals
Govt plans to revise its brownfield refinery policy if the IMF remains unconvinced on zero-rated status for refineries
Jun 19, 2025