World Business NewsPuma to cut 500 jobs worldwide amid cost-reduction efforts
Puma’s sales, profits, and outlook raise concerns about its ability to compete with Adidas and Nike
Mar 12, 2025
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World Business News
World Business NewsSpotify pays record $10 billion in royalties in 2024
The Swedish streaming platform says that nearly 1,500 artists earned over $1 million in royalties through its service last year
Mar 12, 2025
AutomobileWhite House condemns Tesla protests as "domestic terror"
Activists launch “Tesla Takedown” protests, claiming Musk’s politics impact government services and aid programs
Mar 12, 2025
World Business NewsUber cancels $950 million Foodpanda Taiwan deal over regulatory hurdles
The FTC says Uber’s acquisition of Foodpanda would give it a 90% market share, potentially raising prices
Mar 12, 2025
TechOpenAI launches Responses API to streamline AI agent development
The launch follows increased activity from Chinese AI startups introducing new models
Mar 12, 2025
HeadlinesPak Suzuki permanently suspends Wagon R bookings
Between July 2024 and February 2025, the company sells 1,608 units, compared to 2,285 units during the same period last year
Mar 12, 2025
HeadlinesGovt raises gas price for captive power plants by 23% to meet IMF conditions
Grid levy imposed at Rs791 per mmBtu; power tariff relief plans scaled back
Mar 12, 2025
HeadlinesFBR records 54% rise in sales tax from sugar sector as retail prices remain high
Rs24bn collected in two months; sugar exports surge 2,188%, fueling price hike
Mar 12, 2025
HeadlinesChinese firm to set up Sino-Pak Agricultural Industrial Park, launch e-commerce platform in Urdu
Feiduoduo to strengthen agricultural trade, facilitate Pakistani farmers with digital solutions
Mar 12, 2025
HeadlinesFBR identifies 70 real estate agents involved in dollar transfers to UAE via Hawala: report
Millions sent for property investments abroad; FIA may launch further investigations
Mar 12, 2025
HeadlinesSindh leads in cotton yield as Punjab’s production falls 36%
Punjab records 2.71m bales, Sindh 2.8m; early sowing, climate boost Sindh’s output
Mar 12, 2025
HeadlinesPM forms inter-ministerial committee to review sugar import, re-export policy
Panel to assess regional models, price impact, and refining capacity
Mar 12, 2025