World Business NewsDollar slips against major currencies amid trade policy concerns
Dollar drops 0.9% to 142.75 yen, nearly erasing its more than 1% gain from the prior week
Jun 2, 2025
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World Business News
AutomobileTesla new car sales surge 213% in Norway but decline 53.7% in Sweden
The boost is driven by a revamped Model Y compact SUV, which has been Norway’s best-selling car for the past three years
Jun 2, 2025
World Business NewsJetBlue CEO says partnership with United Airlines won’t lead to merger
We’ve spent a lot of time with the Department of Justice over the last five years, and we’re playing it safe, says Joanna Geraghty
Jun 2, 2025
TechMicrosoft to invest $400 million in Swiss cloud and AI infrastructure
Switzerland has created one of the world’s leading innovation ecosystems, blending world-class research with real-world applications, says Microsoft Vice Chairman
Jun 2, 2025
World Business NewsChina rejects Trump’s claims of Geneva trade deal breach
China’s commerce ministry says China upheld Geneva agreement, while the U.S. imposed multiple discriminatory restrictions
Jun 2, 2025
AutomobileTesla not interested in manufacturing in India, says Indian minister
CEO Elon Musk puts investment plans on hold, and the company’s immediate focus remains on importing vehicles into India
Jun 2, 2025
World Business NewsAviation fuel bill to rise by $4.4 billion as sustainable fuel supply doubles in 2025
The limited availability of the cleaner fuel is creating tension between airlines, energy suppliers and aircraft manufacturers
Jun 2, 2025
EconomyExternal account posts surplus as inflation drops, growth recovers
$2bn current account surplus recorded despite trade and income deficits
Jun 2, 2025
HeadlinesGovt utilises 54% of revised Rs1.096 trillion development budget in fiscal year 2024-25
SDGs Achievement Programme for parliamentarians consumes 71% of allocated funds amid slow development spending
Jun 2, 2025
HeadlinesSacrificial animal prices soar by 50-70% ahead of Eidul Adha, leaving buyers frustrated
Buyers express concerns over lack of official regulation in animal pricing, while traders cite the price hike to rising costs of animal feed, transportation, and other logistics
Jun 2, 2025
HeadlinesCDA increases electric bus fares from Rs50 to Rs100 per ride for Islamabad commuters
Revised fares are expected to generate Rs2.33 billion, but CDA will still need a Rs2.79 billion subsidy annually to maintain services
Jun 2, 2025
HeadlinesFBR considers raising tax on interest income as part of IMF-backed relief measures
Proposed tax hike could impact savings, with potential 2% increase for both filers and non-filers on interest income in upcoming budget
Jun 2, 2025