Business, Market News, Gold, Dollar and Sliver Price

Home
Business

Business

Reuters
May 06, 2025

EU to propose end-2027 halt to all Russian gas imports

The European Union vow to end its decades-old energy relations with former top gas supplier Russia after Moscow’s full-scale invasion of Ukraine in February 2022.

Business

AFP
May 06, 2025

Bowing to EU, Coca-Cola changes plastic bottle recycling claims

Now Coca-Cola will not say its bottles are made from “100 per cent recycled plastic” but make it clear certain elements — the label and cap — are not made from recycled material.

Business

Web
May 06, 2025

US trade deficit surges to record high

The trade gap jumped 14.0 per cent to a record $140.5 billion from a revised $123.2 billion in February, the Commerce Department’s Bureau of Economic Analysis (BEA) said on Tuesday.

Business

Syed Raza Hassan
May 06, 2025

PSX sheds early gains on Moody’s alert over India-Pakistan escalation

On Monday, Global rating agency Moody’s said that escalating tensions between India and Pakistan would weigh on Pakistan’s economic growth.

Business

AFP
May 06, 2025

Tesla sales fall again in Germany as drivers steer clear of Musk

Just 885 Tesla electric vehicles (EVs) were registered in April, 45.9 percent fewer than the same month last year, the KBA federal transport authority said.

Business

Web Desk
May 06, 2025

Pakistan eyes tax on individuals drawing hefty pensions ahead of IMF budget talks

Pakistan is weighing a proposal to tax pension withdrawals of Rs400,000 a month as it prepares for budget negotiations with the IMF.

Business

Web Desk
May 06, 2025

Intraday trade: PKR inches lower in early session against US dollar

The Pakistani rupee showed little movement against the US dollar during early trade on Tuesday, hovering at Rs281.23 in the interbank market.

Business

Web Desk
May 06, 2025

PSX opens strong as KSE-100 surges over 900 points

The PSX opened on a positive note on the second trading day of the week, with the benchmark KSE-100 index showing strong upward momentum.

Business

Reuters
May 05, 2025

S&P 500, Nasdaq slip after Trump’s fresh tariffs

On Sunday, President Trump announced a 100 per cent tariff on movies produced outside the US but offered little clarity on how the levies would be implemented.

Business

AFP
May 05, 2025

Oil prices slide after OPEC+ output hike

tock markets were mostly down in holiday-thinned trading ahead of central bank decisions later in the week, while shares in film companies fell after Trump announced tariffs on movies.