World Business NewsGlobal air finance summit addresses challenges in jet supply and demand
Some delegates believe jet shortages will last three more years, while others expect longer delays due to 4,000 unbuilt jets
Jan 13, 2025
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World Business News
World Business NewsBezos’ Blue Origin postpones New Glenn liftoff after countdown issues
Troubleshooting the issue would extend the delay beyond the launch window, potentially lasting 24 hours or longer, says Blue Origin
Jan 13, 2025
World Business NewsJapan PM urges Biden to ease concerns over $14.9 billion US Steel acquisition
Ishiba underscores the importance of providing businesses with a stable investment environment
Jan 13, 2025
World Business NewsNvidia warns U.S. national security is not improved by new AI chip rule
The regulation would harm U.S. leadership in AI technology and threaten to derail innovation and economic growth worldwide, says Nivida
Jan 13, 2025
HeadlinesFBR’s decision to procure 1,010 Honda City cars worth Rs6bn faces public backlash
Public questions the expenditure amid Pakistan’s economic challenges and rising taxes on common citizens especially on salaried class
Jan 13, 2025
HeadlinesHyundai Nishat unveils locally assembled 8th-gen Sonata N Line in Pakistan
High-performance sedan priced at Rs15.89 million combines turbocharged power, luxury, and advanced technology
Jan 13, 2025
HeadlinesPower sector circular debt hits to Rs2.467trn as Discos add Rs600bn annually
Overbilling, poor recovery, and inefficiencies worsen power sector crisis
Jan 13, 2025
HeadlinesOGDCL to launch ambitious plan to develop 10 unconventional wells
Focus on shale gas, tight gas, and Balochistan’s Zin block reserves
Jan 13, 2025
HeadlinesFBR grilled over misuse of export scheme, SIFC outlines corrective measures
Business community calls for transparency; FBR officials acknowledge ongoing investigations into cases of EFS misuse
Jan 13, 2025
HeadlinesWorld Bank pledges $20bn under its first-ever 10-year Country Partnership Framework for Pakistan
Lender’s board expected to approve the CPF on Tuesday; extended framework focuses on six key development areas
Jan 13, 2025
HeadlinesChina’s Exim Bank limits concessional loans to Pakistan due to delayed payments to IPPs
Exim’s president cites fiscal concerns over projects like ML-1 and satellite centre; emphasizes Pakistan to explore alternative financing
Jan 13, 2025
World Business NewsIMF projects steady global growth amid economic uncertainty
Jan 13, 2025