Alibaba to split into six units, explore IPOs
Alibaba Group Holding Ltd (9988.HK)Â is planning to split its business into six main units covering e-commerce, media and the cloud, the company...
China denies asking firms for foreign data as TikTok row heats up
Pressure is building on the massively popular video-sharing app -- owned by the Chinese firm Bytedance -- to obtain new ownership or lose access...
OGRA reduces RLNG price by up to 3.16% for March
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has notified a cut in the average sale price of Re-gasified Liquefied Natural Gas...
Google begins opening access to its ChatGPT competitor Bard
Alphabet Inc's (GOOGL.O)Â Google on Tuesday began the public release of its chatbot Bard, seeking users and feedback to gain ground on Microsoft...
Why the govt’s petrol cross-subsidisation scheme is a logistical nightmare
Govt to introduce dual petrol rates; Affluent customers set to be charged Rs 100 more whilst low-income groups to be given Rs 100 discountÂ
Another electricity price hike by K-Electric
Customers of K-Electric (KE) are likely to face another power tariff hike by Rs 1.66 per unit on account of Fuel Charge...
Oil rebounds 1% as investors take stock of banking crisis
RIYADH: Oil prices rebounded by about one per cent on Friday after a meeting between Saudi Arabia and Russia calmed markets amid...
Despite global downturn, ed-tech sector sees hope with Maqsad’s $2.8 million round
LAHORE: Despite a global slump in venture financing and an abysmal year for Pakistan’s startup ecosystem, ed-tech startup Maqsad has managed to...
NEPRA reserves judgment over govt’s request for increased power surcharge Â
Power surcharge sought in FY24 to pay off inefficient power companies’ debt, cost of power theft
Govt gives another lifeline to PSO
Int'l default risk looms over state-owned fuel company as it faces difficulty in paying back debts
Meta to cut 10,000 jobs in second round of layoffs
Facebook-parent Meta Platforms (META.O)Â said on Tuesday it would cut 10,000 jobs this year, making it the first Big Tech company to announce...
Vietnam urges better trade relations with Pakistan
Vietnamese Embassy to provide support for linking Pakistani enterprises with partners in their country for doing business
Russian sanctions shift oil price-making power to Asia from Europe
MOSCOW: Western sanctions on Russian and Iranian oil have channelled cheap fuel to Asia and in the process eroded a decades-long trend...
Maple expands in midst of big year for cementÂ
MLCF now has more than 15% shareholding in Pioneer Cement
Crude oil prices slide $4 as collapse of Silicon Valley Bank spurs fears of crisis
HOUSTON: Oil prices fell $4 on Monday along with equities as the collapse of Silicon Valley Bank raised fears of a fresh financial...