TechApple appeals U.S. ruling to open App Store to more competition
The appeal seeks to overturn an April 30 ruling that found Apple in contempt of a 2020 antitrust lawsuit by Epic Games
May 6, 2025
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TechWaymo teams with Magna to build autonomous vehicles in new Arizona factory
Waymo announces plans to produce autonomous Jaguar I-PACE and Zeekr vehicles as early as this year
May 6, 2025
World Business NewsIMF urges China to shift from export-led growth model
Georgieva says China must address four challenges: shifting to consumption-driven growth, fixing property sector, promoting services, and reducing state's role
May 6, 2025
TechApple raises $4.5 billion in bond sale to finance debt repayment
The offering includes $1.5 billion in three-year notes and $1 billion each in five, seven and 10-year maturities
May 6, 2025
HeadlinesKP Assembly’s PAC orders suspension of officials over Rs40 billion embezzlement scandal
PAC warns that investigation may reveal deeper corruption involving senior bureaucrats and political figures
May 6, 2025
HeadlinesCentre reviews adjustment of provincial power dues against NFC shares
Adjustment mechanism will apply only to those dues reconciled and confirmed by the provinces
May 6, 2025
TechOpenAI revises governance structure to retain nonprofit control
Company will work with stakeholders, including Microsoft and nonprofit commissioners, to finalize the governance, says Altman
May 6, 2025
HeadlinesGovt plans nationwide switch to energy-efficient DC fans
Initiative aims to save 5,000 MW of electricity annually
May 6, 2025
HeadlinesKP’s public universities face financial crisis, staff unpaid, pensions delayed
Khyber-Pakhtunkhwa Universities Coordination Council urges provincial govt to release funds amid growing financial difficulties
May 6, 2025
HeadlinesECC approves one-year extension for Rs50 billion LNG import guarantee
Sui Northern Gas Pipelines Ltd to benefit from extended sovereign guarantee for LNG payments until June 2026
May 6, 2025
HeadlinesPM announces transfer of Discos to provinces in two months
Federal government seeks to devolve or privatise power distribution firms amid financial struggles
May 6, 2025
HeadlinesGovt confirms no withdrawal of Export Facilitation Scheme in upcoming budget
Leading export associations and manufacturers raised serious concerns about the scheme during a meeting with the Senate Standing Committee on Finance
May 6, 2025