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Web Desk
Mar 12, 2025

Neom: Mega Saudi Arabia project faces financial woes

The initial phase, envisioned to be completed by 2035, is estimated to necessitate $370 billion, with the government having already committed $50 billion.

Business

Reuters
Mar 11, 2025

TSX falls as Trump hikes tariffs on Canadian metals

Trump on Tuesday doubled his planned tariff on all steel and aluminum products coming into the United States from Canada.

Business

Reuters
Mar 11, 2025

Italy’s Synapsia signs $2.5b deal with UAE’s Bold Technologies

Synapsia CEO Marinelli says, the company will develop technology to handle urban issues such as transport, parking and emergency response.

Business

Syed Raza Hassan
Mar 11, 2025

Bears prevail at PSX as policy rate decision dampens market sentiment

KSE-100 index closed on a relatively flat note, fluctuating throughout the session as investors reacted to status quo policy rate decision.

Business

Web Desk
Mar 11, 2025

Business optimism climbs in Pakistan as Confidence Index reaches 58.1

Pakistan’s Business Confidence Index (BCI) saw a notable increase, climbing 2.8 points to reach 58.1 in February 2025.

Business

Web Desk Karachi
Mar 11, 2025

Ivan Espinosa to succeed Makoto Uchida as Nissan CEO from April 1

At 46 years old, Espinosa faces the significant challenge of revitalizing Nissan’s declining performance and securing a business alliance following the breakdown of the proposed merger with Honda Motor Co.

Business

Web Desk
Mar 11, 2025

Agricultural tax now on par with corporate tax rates in Pakistan, IMF told

Policy negotiations between Pakistan and the International Monetary Fund (IMF) are ongoing, during which Pakistan has informed the IMF about the legislation aimed at imposing taxes, as per the fund’s conditions.

Business

Web Desk
Mar 11, 2025

US tariff threat: India mulls exporter incentives, as central bank sells dollars to support rupee

As India mulls exporter incentives, the Reserve Bank of India (RBI) has been likely selling dollars on Tuesday to support the rupee.

Business

Web Desk
Mar 11, 2025

Bitcoin bounces back after slipping below $77k

After facing a sharp decline of over $1,800 in early trade, Bitcoin is making a strong recovery. The crypto was recorded at $80,503.11.

Business

Web Desk Karachi
Mar 11, 2025

OpenAI seals $12 billion deal with CoreWeave to expand cloud computing footprint

This initiative marks OpenAI’s intent to diversify its computing resources, reducing its dependence on Microsoft, its primary partner, for such needs.