World Business NewsEurope set to become top destination for Chinese used cooking oil
125% U.S. tariff on Chinese UCO effectively closes off a market that accounted for $1.1 billion in shipments last year
Apr 30, 2025
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World Business News
World Business NewsU.S. dollar rises as economy contracts in first quarter
Dollar gains 0.3% against the yen to trade at 142.82, while the euro slips 0.1% to $1.1368
Apr 30, 2025
World Business NewsOil prices slide further, set for steepest monthly drop since 2021
Brent crude drops 1.2% to $63.48 a barrel, while U.S. West Texas Intermediate (WTI) falls 1.2% to $59.68
Apr 30, 2025
HeadlinesOICCI outlines major tax reforms in budget proposals for FY2025-26
OICCI calls for including under-taxed sectors like agriculture, real estate, and wholesale/retail trade in the formal tax system
Apr 30, 2025
HeadlinesElectricity bills to rise in May due to costly power generation
Electricity generation costs likely to rise under April Fuel Cost Adjustment due to 20% demand surge and lower hydropower output
Apr 30, 2025
HeadlinesAudit finds BISP disbursed funds to ineligible recipients
Those drawing more than Rs30,000 per month are not eligible under BISP policy but still receive funds
Apr 30, 2025
HeadlinesSBP buys $5.7bn from interbank market to boost forex reserves
In January alone, the SBP buys $154 million in foreign currency, down from $536 million in December
Apr 30, 2025
HeadlinesRs40bn embezzlement uncovered in KP as NAB investigates massive financial scandal
NAB freezes 50 accounts, traces Rs7 billion to dumper driver’s accounts, and uncovers involvement of senior officials and political figures in ongoing probe
Apr 30, 2025
HeadlinesPetroleum dealers seek Rs2.20 per litre margin hike, NA committee calls for review
ECC-approved increase still unnotified; dealers press for action after nine-month delay
Apr 30, 2025
TechMeta unveils Llama API to attract businesses to its AI platform
APIs enable software developers to customize and integrate technology into their products more quickly
Apr 30, 2025
AutomobileToyota to develop platform for Waymo’s autonomous vehicle fleet
The companies aim to accelerate the development and adoption of driver assistance and automated driving technologies for personally owned vehicles
Apr 30, 2025
TechLogitech plans to reduce reliance on Chinese manufacturing
ogitech will move production to Vietnam, Taiwan, Thailand, Malaysia, and Mexico, where it works with contract manufacturers
Apr 30, 2025