World Business NewsOil prices rise amid supply concerns in Russia and the U.S.
Brent crude futures rise 0.8% to $76.48 per barrel, while U.S. West Texas Intermediate (WTI) crude increases 1% to $72.60
Feb 19, 2025
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World Business News
TechApple set to launch iPhone SE 4 today
Pre-orders are expected to begin on February 23, 2025, with deliveries starting from March 1
Feb 19, 2025
TechElon Musk’s X in talks to raise funds at $44 billion valuation
The talk comes as Musk’s businesses rise post-Trump’s victory, with Tesla up 40%, SpaceX at $350 billion, and xAI seeking $10 billion
Feb 19, 2025
TechApple warns UK browser rules may hurt innovation incentives
The company responds to the CMA investigation into mobile browsers, browser engine supply, and cloud gaming distribution through app stores
Feb 19, 2025
World Business NewsChina criticizes Trump’s tariffs at WTO, U.S. calls Beijing’s economy ‘predatory’
The WTO General Council meeting marks the first formal discussion of rising U.S.-China trade tensions at the top decision-making body
Feb 19, 2025
TechGoogle agrees to pay $340 million to settle Italy tax dispute
Prosecutors alleges that Google did not file and pay taxes on revenue generated in Italy
Feb 19, 2025
World Business NewsDollar strengthens against major currencies but slips against yen
Markets react as Trump announces new tariffs on autos, semiconductors, and pharmaceuticals amid Ukraine ceasefire talks
Feb 19, 2025
HeadlinesUnited Motors to launch Jetour SUVs in Pakistan on February 20
The X70 Plus is a seven-seater, the Dashing is a five-seater, and both will be locally assembled as CKD units
Feb 19, 2025
World Business NewsTrump plans 25% tariffs on autos, semiconductors, and pharmaceuticals
Levies on automobiles would take effect as soon as April 2, say Trump
Feb 19, 2025
TechFormer OpenAI CTO Mira Murati launches AI startup with former OpenAI team
Thinking Machines Lab aims to develop AI systems that integrate human values and expand AI applications beyond competitors
Feb 19, 2025
HeadlinesPunjab’s debt declines by Rs24.8 billion in second quarter of FY25
Forex gains and reduced new debt contribute to 1.5% drop in government debt; province’s debt stock stood at Rs1,654 billion as of December 31, down from Rs1,678.8 billion in September 2024
Feb 19, 2025
HeadlinesRs3.7bn from Gas Infrastructure Development Cess used for loan repayments, PAC told
Parliament body questions non-utilization of Rs350bn GIDC, reviews Rs33.9bn GDS shortfall, and directs Petroleum Division to submit proposals within a month
Feb 19, 2025