AutomobileHonda to shift U.S.-bound Civic hybrid production from Japan to Indiana
Production at the Yorii factory near Tokyo is expected to end by June or July as part of the transition
Apr 16, 2025
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Automobile
HeadlinesGovt scraps 24% of development projects, utilises Rs312bn out of Rs1,100bn PSDP budget in eight months
Out of 1,092 projects listed under the PSDP, 260 development schemes will be abolished
Apr 16, 2025
TechU.S. imposes new export restrictions on AMD, Nvidia AI chips to China
Nvidia disclosed that it would incur $5.5 billion in charges due to the U.S. government's decision
Apr 16, 2025
World Business NewsNew trade negotiator Li Chenggang to lead China’s response to U.S. tariffs
Li Chenggang's legal expertise and trade background may play a key role in China's strategy during the ongoing trade dispute
Apr 16, 2025
AutomobileHonda denies plans to shift production from Canada and Mexico to U.S.
The U.S. is Honda’s largest market, accounting for nearly 40% of its global vehicle sales last year
Apr 16, 2025
World Business NewsU.S. import prices fall unexpectedly in March, easing inflation concerns
Over the 12 months through March, import prices rise 0.9%, a slowdown from the 1.6% year-on-year gain recorded in February
Apr 16, 2025
HeadlinesWorker killed in attack on fast-food outlet in Sheikhupura
Police fail to apprehend key suspects as violence continues at international food chain businesses
Apr 16, 2025
TechOpenAI names members to newly formed nonprofit commission
According to OpenAI, the commission will serve as a bridge between the company and the communities impacted by AI technologies
Apr 16, 2025
TechZuckerberg considered spinning off Instagram over antitrust concerns in 2018
He also warned that regulatory challenges might force Meta to separate Instagram and WhatsApp in the next 5 to 10 years
Apr 16, 2025
TechGerman media group accuses Google of unfair search ranking penalties
ActMeraki criticizes Google’s "site reputation abuse" policy targeting the use of high-ranking sites to boost third-party content visibility, known as “parasite SEO”
Apr 16, 2025
HeadlinesAfter leaks of unauthorised salary hikes, Nepra limits access to sensitive documents: report
Move includes punitive action against certain staff members, strict measures on circulation of official records and files; raises concerns about transparency in decision-making process
Apr 16, 2025
HeadlinesGovt to abolish 3% federal excise duty on property sales
PM’s task force on housing backs decision to reverse controversial tax, boosting the real estate sector ahead of IMF review
Apr 16, 2025