AutomobileWaymo seeks permit to test self-driving cars in Manhattan
If approved, this would be the first autonomous vehicle testing deployment in the city
Jun 19, 2025
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Automobile
HeadlinesSenate panel recommends raising threshold for economic transaction bans to 500% in Finance Bill 2025-26
Senate Standing Committee on Finance suggests higher limits for property, vehicle transactions, and investments, while also recommending tax measures on cash withdrawals and recreational clubs
Jun 19, 2025
AutomobileZoox opens first robotaxi factory to join race with Waymo and Tesla
Zoox announces the opening of a 220,000-square-foot facility in Hayward, California, which assembles over 10,000 vehicles a year at full capacity
Jun 19, 2025
HeadlinesFBR takes action against eight sugar mills implicated in tax evasion
List of mills provided to opposition leader Omar Ayub during Standing Committee on Finance meeting, but FBR chairman did not disclose penalties imposed on non-compliant mills
Jun 19, 2025
HeadlinesSIFC approves revenue-sharing agreement for Sui Southern-Jamshoro JV, sets July 31 deadline for plant operation
Revenue-sharing deal set at 66:34 ratio with 25% LPG share for SSGC, ensuring Rs2 billion annual revenue.
Jun 19, 2025
HeadlinesCost of Sukkur-Hyderabad Motorway (M-6) revised up by 138%, now set at Rs395 billion
Project forwarded to ECNEC for final approval; government allocates Rs15 billion for the first year of construction, falling short of the estimated Rs78 billion required.
Jun 19, 2025
World Business NewsStablecoin market cap hits record $251.7 billion after U.S. Senate passes bill
The bill would require stablecoins to be backed by liquid assets like U.S. dollars and short-term Treasury bills
Jun 18, 2025
World Business NewsOil prices rise slightly amid Middle East conflict concerns
Brent crude gains 28 cents to $76.73 a barrel, while U.S. West Texas Intermediate adds 40 cents to $75.24
Jun 18, 2025
HeadlinesYunus Brothers Group, Arif Habib-led consortium to bid for PIA stake: sources
New bidders join race for privatisation as government sweetens deal with tax relief and operational gains
Jun 18, 2025
EconomyPakistan’s fiscal year net borrowing reaches Rs2.54tr by June 6
Weekly government debt rises by Rs138bn, mostly for budgetary support; scheduled banks remain major financing source
Jun 18, 2025
HeadlinesBroad money supply reaches Rs38.09tr as currency in circulation surges
Rising cash levels lift M2; bank deposits fall for the week ending June 6, 2025
Jun 18, 2025
AutomobileHonda recalls over 259,000 vehicles in the U.S. due to brake pedal issue
The recall includes certain 2021–2025 Acura TLX, 2023–2025 Acura MDX, and 2023–2025 Honda Pilot models
Jun 18, 2025