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Web Desk
Jan 06, 2025

Gold price falls by Rs700 per tola

Gold prices on the first trading day of the week decreased by Rs700 per tola after increasing in the previous session.

Business

AFP
Jan 06, 2025

NYC starts driver congestion charging despite opposition

State governor Kathy Hochul announced in November that drivers entering areas of Manhattan south of Central Park would pay a daytime toll of $9.

Business

AFP
Jan 06, 2025

UK, Germany electricity cleanest on record in 2024

Renewable energy like wind and solar accounted for 59 percent of production in Germany, while in Britain it stood at 45 percent, the data showed.

Business

Web Desk Karachi
Jan 06, 2025

Microsoft to spend $80 billion on AI data centres in 2025

Cloud services providers like Microsoft and Amazon.com Inc. are in a competitive race to enhance their computing capabilities through the construction of new data centres.

Business

Web Desk Karachi
Jan 06, 2025

LG CNS launches $806 million IPO, aims to rejuvenate South Korea’s stock market, reports Bloomberg

The IPO could generate as much as 1.12 trillion won ($806 million), potentially making it South Korea’s largest IPO in three years.

Business

Web Desk Karachi
Jan 06, 2025

Italy plans $1.6 billion Space X telecom security service deal, reports Bloomberg

The negotiations, which had stalled until recently, appeared to move forward after Italian Prime Minister Giorgia Meloni visited President-elect Donald Trump in Florida on Saturday.

Business

Web Desk
Jan 06, 2025

Intraday trade: PKR gains 8 paisa against US dollar

The Pakistani rupee (PKR) registered a slight improvement against the US dollar (USD), appreciating by 0.03 per cent in the interbank market during early trading on Monday.

Business

Web Desk Karachi
Jan 06, 2025

Price hikes drive pharmaceutical sector growth to 194pc

This shift has also led to an improvement in gross margins and earnings, resulting in impressive stock market gains.

Business

Web Desk Karachi
Jan 06, 2025

Pakistan’s textile exports surge 6% in December amid global shifts

This growth brought textile exports to $9.09 billion in the first half of the fiscal year 2024-25 (FY25), representing a 10 percent rise from $8.29 billion during the same period last year.