Our monitoring team diligently searches the vast expanse of the web to carefully handpick and distill top-tier business and economic news stories and articles, presenting them to you in a concise and informative manner.
HeadlinesStanding Committee on Privatisation sets deadline for Power Division to finalise terms for privatization of Hesco, Pesco, and Fesco by September or October 2025; privatisation process to begin by end of May
HeadlinesLoan to be acquired at 7.6% interest, deal with Standard Chartered Bank and Dubai Islamic Bank, supported by ADB guarantee, aims to boost foreign exchange reserves, despite Pakistan’s low credit rating
HeadlinesPM has already approved the removal of this duty, and a summary has been submitted to federal cabinet for approval, sources say
HeadlinesPakistan convenes emergency security meeting as diplomatic ties plunge
HeadlinesTeam owner says current renewal terms are unsustainable but has no intention of parting ways with the franchise
HeadlinesWith a production capacity of up to 1,080 metric tons, the facility will mark the company’s expansion into high-demand, shelf-stable protein products
TechEU antitrust chief Teresa Ribera asserts that all companies operating in the EU must comply with European laws and respect European values
TechThe fines are relatively modest compared to previous penalties under the leadership of former EU antitrust chief Margrethe Vestager
World Business NewsThe IMF's latest projections estimate global public debt will rise by 2.8 percentage points to 95.1% of GDP by 2025, and reach 99.6% by 2030
TechThe board operates independently and expressed concerns that the changes were implemented hastily without clear public information
AutomobileThe YU7 is expected to be a direct competitor to Tesla’s Model Y
AutomobileAccording to Vice President Cao Li, more than half of these orders are for the lidar-equipped variant