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...
Signature Bank becomes next casualty of banking turmoil after SVB
State regulators closed New York-based Signature Bank (SBNY.O)Â on Sunday, the third largest failure in U.S. banking history, two days after authorities shuttered...
FIA clears six names in Hascol scam. But on what grounds?
Re-investigation has given a clean chit to six persons including a close companion of Ishaq Dar.Â
Power consumers to pay additional Rs 14.24/unit
New surcharge will be added to consumer bills on account of deferred FCA
The PSO debt spiral continues
The latest financial reports published by the state owned oil giant have again raised concerns about the company’s financial health. The results...
India’s fuel demand hits 24-year high
India’s fuel demand hit its highest level in at least 24 years in February, data showed on Thursday, with industrial activity in...
Mari Petroleum successfully completes commissioning of facility in Daharki, Sindh
Plant beats pre-production gas estimation by producing 95 MSCFD gas to SNGPL