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Web Desk Karachi
Jan 10, 2025

Airbus comes close to 2024 delivery target after year-end sprint, reports FT

The European aerospace and defence group said it delivered 766 planes to airlines and lessons, more than the 735 it delivered in 2023, but just shy of its stated ambition to hand over “around 770” commercial aircraft.

Business

Web Desk Karachi
Jan 10, 2025

S&P Global forecasts resilient banking sectors in UAE, Qatar, and Kuwait through 2025

The outlook for the region reflects significant economic growth, solid financial foundations, and a cautious approach to risk management

Business

Web Desk Karachi
Jan 10, 2025

Lego to launch iconic children’s series Bluey’s exciting new sets this year

Six Lego sets inspired by Bluey’s universe will be unveiled this spring and will be tailored for the Lego 4+ and Duplo range, catering to younger children, according to the Guardian.

Business

Reuters
Jan 10, 2025

Tesla launches redesigned Model Y in China, seeking to fend off rivals

The new Model Y, the world’s most popular electric vehicle, is priced from 263,500 yuan ($35,900), 5.4% more expensive than the previous version in China.

Business

Web Desk Karachi
Jan 10, 2025

Pakistan’s 2025-26 budget circular introduces green revenue classification

According to the circular, the estimated development expenditures for 2025-26 should not include any schemes that have not received prior approval.

Business

Web Desk Karachi
Jan 10, 2025

Korea, Pakistan sign landmark economic partnership agreement to boost trade

The agreement is expected to align with World Trade Organization principles and serve as a foundational element for future bilateral relations.

Business

Web Desk
Jan 10, 2025

Govt aims to conclude PIA privatisation by end of fiscal year

The government aims to privatise Pakistan International Airlines Company Limited (PIACL) by the end of the ongoing fiscal year.

Business

Reuters
Jan 10, 2025

Cold weather pushes oil prices higher for third consecutive week

Oil prices rose in early Asian trade and were on track for a third straight week of gains with icy conditions in parts of the United States and Europe driving up fuel demand for heating.

Business

Web Desk
Jan 09, 2025

Euro area yields hit fresh multi-month highs, inflation, gilts in focus

The UK 10-year bond yield GB10YT=RR rose as high as 4.925% in early trading, the highest since 2008, after jumping 11.5 bps the day before. It later fell and was last roughly flat on the day.