World Business NewsTemu-owner PDD Holdings reports 47% drop in Q1 net profit
The company attributes the weaker performance to a lower-than-expected operating margin
May 28, 2025
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World Business News
World Business NewsOil prices dip 1% on supply concerns ahead of OPEC+ meeting
Brent crude ends one percent lower at $64.09 per barrel, while WTI slips 1.04 percent to $60.89
May 28, 2025
HeadlinesParliamentary panel questions K-Electric CEO’s competence amid tariff
Standing Committee on Industries and Production criticizes Alvi’s conduct as “informal, unofficial and non-professional
May 28, 2025
HeadlinesPM Shehbaz, President Aliyev pledge closer multilateral coordination
The two leaders review bilateral ties and note growing political, economic, defence, and cultural momentum
May 28, 2025
HeadlinesADB, CDA discuss joint efforts for sustainable development
Chairman Randhawa outlines several of CDA’s ongoing initiatives, including the deployment of electric buses to cut carbon emissions
May 28, 2025
HeadlinesChery partners with Master Group to launch EVs and PHEVs in Pakistan
This marks Master Group’s second collaboration to boost competition in EV and PHEV segments, after introducing Deepal EVs earlier
May 28, 2025
HeadlinesHyundai Nishat announces Rs 15,000 hike in freight fees across key models
Revised freight charges apply to popular models including the Hyundai Porter, Elantra Hybrid, Tucson Hybrid, Sonata, and Santa Fe Hybrid
May 27, 2025
HeadlinesMaryam Nawaz orders up to 10-fold increase in traffic fines to improve road safety
CM says parents of underage drivers will be held accountable, with criminal cases registered against those allowing their children to drive
May 27, 2025
HeadlinesPlanning minister calls for revision of NFC formula to address resource distribution issues
Ahsan Iqbal calls for continued collaboration with PIDE and AIIB to embed climate resilience in national policy frameworks
May 27, 2025
HeadlinesFinance Minister reviews un-collateralized credit initiative for small farmers
The initiative aims to boost Pakistan’s rural economy and food security by providing smallholders credit without collateral
May 27, 2025
HeadlinesSNGPL MD assures APTMA of resolving gas issues for textile industry
Amer Tufail says continuous operation of textile mills is important both for the country and for SNGPL
May 27, 2025
HeadlinesCM Maryam says marketing drives national development
Government is committed to transforming the marketing landscape in Pakistan through knowledge, ethics, and innovation, says CM
May 27, 2025