HeadlinesTechnological innovation adds 10,000 barrels to OGDCL’s oil output
If four more companies adopt similar technological advancements, Pakistan may no longer require IMF programs for financial stability, says Musadik Malik
Feb 20, 2025
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HeadlinesIMF team to visit Pakistan next week for $1bn climate fund review
Delegation will visit from February 24 to 28 for a "review and discussion" of climate resilience funding, says advisor to finance minister
Feb 20, 2025
World Business NewsOil prices steady as U.S. crude stockpiles rise
Brent crude rises 27 cents to $76.31, while U.S. West Texas Intermediate gains 12 cents to $72.37
Feb 20, 2025
HeadlinesPunjab launches Lahore’s first electric bus service
Feb 20, 2025
AutomobileMercedes-Benz warns of lower profits, launches cost-cutting plan
The German automaker expects its profit margins to fall between 6% and 8% this year, down from 8.1% in 2024 and 12.6% in the previous year
Feb 20, 2025
TechTrump plans talks with China over TikTok ownership dispute
There's a lot of people interested in TikTok, and we have a chance to do something good by keeping it alive, says Trump
Feb 20, 2025
AutomobileSuzuki prioritizes India despite lowering EV and sales targets
The Japanese automaker now targets 2.5 million vehicle sales in India by March 2031, down from 3 million, with four EV launches instead of six
Feb 20, 2025
TechMicrosoft unveils Majorana 1 chip to advance quantum computing
The company says the chip reduces errors in quantum calculations, making quantum computing a near-term breakthrough
Feb 20, 2025
TechApple's first in-house modem sets stage for Qualcomm phase-out
The chip debuts in the $599 iPhone 16e, with Apple planning to expand its use across future devices
Feb 20, 2025
TechiPhone 16e debuts as Apple’s cheapest new model, replacing iPhone SE
The launch comes at a pivotal moment as Apple looks to revive iPhone sales, which have declined 2% since peaking at $205.5 billion in 2022
Feb 20, 2025
HeadlinesTransport sector drives petroleum consumption higher in first half of FY25
Total petroleum consumption reaches 8.9 million metric tonnes, up from 8.3 million last fiscal year
Feb 20, 2025
World Business NewsUkraine rejects U.S. demand for $500 billion in mineral rights for wartime aid
U.S. provided $67 billion in weapons and $31.5 billion in budget support, far from $500 billion, without security guarantees, says Zelensky
Feb 20, 2025