Oil prices dip on U.S. rate hike expectations, weak China PMI
Oil prices fell on Monday as jitters over the prospect of the U.S. Federal Reserve raising interest rates, which could slow growth...
Govt ends subsidized gas tariff for five export-oriented sectors, effective May 1st, 2023
The govt was previously paying the subsidy to the textile, sports, surgical, leather, and jute sectors
India probes education platform Byju’s over alleged forex law violations
India's financial crime-fighting agency said on Saturday it had raided three premises linked to education platform Byju's and its billionaire CEO Byju...
Airlink’s profits collapse by more than half for Q3FY23 amidst LC inaccessibility
Quarterly profit shrinks by 62% QoQ whilst 9MFY23 down by a third YoY
Yuan overtakes dollar to become most-used currency in China’s cross-border transactions
The yuan became the most widely-used currency for cross-border transactions in China in March, overtaking the dollar for the first time, official...
Balochistan Glass acquires 50% ordinary shares of MMM Holding
LAHORE: According to a Pakistan Stock Exchange (PSX) notification, the Balochistan Glass Ltd (BGL) has received a Notice of Punjab Announcement of...
Bed Bath & Beyond prepares for bankruptcy filing -WSJ
Bed Bath & Beyond Inc (BBBY.O) is preparing to file for bankruptcy as early as this weekend, the Wall Street Journal reported on Wednesday, citing...
Meta lays off tech teams, battering employee morale
Meta Platforms Inc (META.O)Â on Wednesday carried out another round of job cuts, this time hitting engineers and adjacent tech teams, as Chief...
Elon Musk says he will launch rival to Microsoft-backed ChatGPT
Billionaire Elon Musk said on Monday he will launch an artificial intelligence (AI) platform that he calls "TruthGPT" to challenge the offerings...
Apple craze draws long queues at opening of first India store
About 200 Apple (AAPL.O)Â fans hoping to be among the lucky few to enter the tech giant's first retail store in India gathered...
Amazon cranks up AI competition against Microsoft, Google with new cloud tools
Amazon.com Inc's (AMZN.O)Â cloud computing division on Thursday released a suite of technologies aimed at helping other companies develop their own chatbots and...
China, India aggressively buying cheaper spot LNG
Cheaper spot prices for liquefied natural gas (LNG) are luring price-sensitive buyers back in Asia, with China and India recording rising imports...
Musk says Twitter is roughly breaking even, has 1,500 employees
Twitter Inc CEO Elon Musk said on Wednesday the social media company is "roughly breaking even," as most of its advertisers have...
US begins study of possible rules to regulate AI like ChatGPT
The Biden administration said Tuesday it is seeking public comments on potential accountability measures for artificial intelligence (AI) systems as questions loom...
Pakistan to be represented by officials at World Bank-IMF spring meetings
The World Bank Group and International Monetary Fund (IMF) are starting their 2023 spring meetings in Washington DC on Monday to discuss...