World Business NewsOil Prices Jump 3% as price drop triggers buying
Brent crude climbs 3% to $62.03 per barrel, while U.S. West Texas Intermediate crude grows 3.2% to $58.94 per barrel
May 6, 2025
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World Business News
World Business NewsU.S. dollar weakens as trade deal optimism fades
Dollar drops 0.57% against Japanese yen, reaching 142.87, while British pound gains 0.56%, rising to $1.3371
May 6, 2025
TechUber partners with Pony AI to launch robotaxis in the Middle East
Pony AI, backed by Toyota and based in Guangzhou, holds robotaxi licenses in Beijing, Shanghai, Guangzhou, and Shenzhen
May 6, 2025
HeadlinesPunjab clears pilot program for 1,100 e-taxis
Solar-powered charging stations to be set up for 1,100 e-taxis
May 6, 2025
HeadlinesKIA Sorento Hybrid 2025 expected soon in Pakistan
May 6, 2025
HeadlinesSECP slashes electronic mortgage register fee, extends access under digital reforms
EMR reforms aim to cut costs, boost transparency in financial sector
May 6, 2025
HeadlinesGovernment engages auto industry on incentives, policy reforms ahead of budget
Haroon Akhtar pledges full support to local auto manufacturers
May 6, 2025
EconomyUS urges Pakistan to boost cotton exports to meet textile sector demand
US highlights potential in cotton trade amid Pakistan's broader efforts to narrow trade gap
May 6, 2025
TechGoogle may be forced to separate key ad-tech businesses
U.S. DOJ proposes Google offload AdX and DFP to restore competition after a judge rules it maintains ad-tech monopolies
May 6, 2025
HeadlinesKIBOR drops across tenors after surprise SBP rate cut to 11%
Key lending benchmark responds swiftly to 100bps cut; downward trend reflects easing inflation
May 6, 2025
TechMusk to proceed with lawsuit against OpenAI despite governance changes
OpenAI announces a new governance structure where its non-profit parent oversees the for-profit business and becomes a major shareholder
May 6, 2025
TechIBM plans to expand AI sales with new tools for managing AI agents
IBM’s new AI tools allow customers to build custom agents in under five minutes
May 6, 2025