Oil tumbles as OPEC+ accelerates output hikes, surplus looms – Markets
SINGAPORE: Oil prices fell more than $2 a barrel in Asian trade on Monday as OPEC+ is set to further...
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KLM cancels two more flights over grounded Boeing 787s – Business & Finance
AMSTERDAM: Dutch airline KLM announced the cancellation of two more long-distance flights on Sunday a day after it grounded seven...
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FBR operationalises Section 175C of ITO – Business & Finance
ISLAMABAD: In a significant move to broaden the tax base and address long-standing inequities in Pakistan’s tax structure, the Federal...
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Huawei Partners with DSG Energy to Deploy Industrial BESS – Battery Energy Storage Systems in Pakistan
In recent years, Pakistan has been experiencing a significant shift towards renewable energy sources, especially solar power. The country’s prolonged...
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Budget proposals: tea importers call for reform in taxation regime – Markets
Tea importers have urged the government to bring reforms in the import taxation regime, claiming loopholes were causing distortions in...
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India Kotak Mahindra Bank’s Q4 profit drops more than expected on higher provisions – Business & Finance
MUMBAI: India’s Kotak Mahindra Bank on Saturday reported a larger-than-expected 14% drop in quarterly profit as provisions for potential bad...
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Subway drops below 20,000 US stores for the first time in 20 years as closures outpace growth
The number of Subway's US locations fell below 20,000. The chain closed 631 stores in 2024 alone.REUTERS/Carlo AllegriThe number of...
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S&P suggests staying the course, accelerating reforms – Business & Finance
ISLAMABAD: The Standard and Poor’s (S&P) Global Ratings recommended Pakistan to stay the course, deepen the reform momentum, and focus...
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Morgan Stanley and Bank of America are focusing AI power on tools to make employees more efficient
Getty Images; Karan Singh for BISome financial institutions are prioritizing internal AI tools to enhance daily operations.For example, Morgan Stanley...
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Pakistan now gas-surplus amid demand collapse, says Motiwala
Pakistan has transitioned from being a natural gas-deficient country to a surplus one. However, the development has come not because...
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