AutomobileToyota unit Hino Motors settles U.S. emissions case for $1.6 billion
The agreement includes a $521.76 million criminal fine, $442.5 million in civil penalties to U.S. agencies, and $236.5 million to California
Jan 16, 2025
Monitoring Report
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Automobile
TechChinese social media app RedNote attracts 700,000 U.S. "TikTok refugees"
Unlike other Chinese platforms, RedNote does not require users to have Chinese phone numbers and operates a single unified version of its app
Jan 16, 2025
TechNew Microsoft AI tool supports businesses with routine tasks
Premium features like summaries and transcriptions of Teams calls and creating PowerPoint slides require a $30/month Microsoft 365 Copilot subscription
Jan 16, 2025
HeadlinesPlanning minister seeks banks' support to achieve $60bn export target under Uraan Pakistan
Ahsan Iqbal outlines economic roadmap, emphasizes role of SMEs, IT, and non-traditional sectors
Jan 16, 2025
HeadlinesSaudi Development Fund to invest over $100 million in Pakistan’s mining infrastructure
Manara Minerals also considers an investment in Reko Diq mine, says Saudi Mining Minister Bandar Alkhorayef
Jan 16, 2025
HeadlinesGovt to replace bank guarantee with insurance for Afghan transit trade through Gwadar Port
Move aims to streamline trade, ease doing business, and address concerns of investors and stakeholders
Jan 16, 2025
HeadlinesGlobal risks 2025: WEF highlights challenges and opportunities for Pakistan
Jan 15, 2025
HeadlinesPakistan’s large-scale manufacturing shrinks by 1.25% in FY25’s first five months
Decline driven by weak performance in cement, steel, and electrical equipment sectors
Jan 15, 2025
World Business NewsChina blacklists four US firms over Taiwan arms sales
The decision aims to safeguard China’s national sovereignty, security, and development interests, says MOFCOM
Jan 15, 2025
TechEU digital chief promises robust enforcement of social media laws
Ongoing probes are still in a technical phase, involving exchanges with companies before decisions are made, says Henna Virkkunen
Jan 15, 2025
World Business NewsU.S. sanctions trap nearly 500,000 tons of Russian oil products on tankers
New restrictions disrupt shipments to India, Turkey, and other destinations
Jan 15, 2025
TechNokia signs multi-year patent license deal with Samsung
Nokia clarifies that this agreement is separate from their existing 5G patent license deal with Samsung
Jan 15, 2025