Business
Business
Pakistan Qatari LNG Cargo Clears Hormuz, Heads to Port Qasim
ISLAMABAD: A second Pakistan Qatari LNG cargo this month has crossed the Strait of Hormuz and is heading to Port…
AMD Market Cap Tops $1 Trillion as Shares Hit Record High
NEW YORK: Advanced Micro Devices, Inc. (NASDAQ: AMD) saw its market cap cross $1 trillion for the first time Monday…
Oil Prices Fall 2% on Iran Diplomacy, Saudi Export Rebound
LONDON: Oil prices fell about 2% on Monday to their lowest since September 10 as investors weighed prospects for U.S.-Iran…
Iran Oil Shutdowns Raise Restart Costs as Loadings Plunge
The export decline has forced Iran to curb production as storage capacity fills. The supplied analysis cited Kpler estimates showing…
Porsche Job Cuts: VW Plan Sees 4,100 More Roles Go
BERLIN: Volkswagen’s restructuring plans reportedly envisage about 4,100 additional Porsche job cuts, extending reductions already agreed at the sports-car maker,…
Iran Oil Sales Network Faces New Transparency Claims
TEHRAN: Iran’s oil sales network faces renewed scrutiny after investigative journalist Yashar Soltani alleged that sanctions-era exports increasingly rely on…
Warren Buffett Steps Down as Berkshire Chairman at 96
OMAHA, Nebraska, United States: Warren Buffett stepped down as chairman of Berkshire Hathaway on September 18 after 56 years, with…
Pakistan Forex Reserves: SBP Holdings Hit Record $21.4bn
KARACHI, Sindh: Pakistan forex reserves held by the State Bank of Pakistan surged by USD 3.061 billion to a record…
Iran War Economic Cost Estimated at $150bn for Arab States
NEW YORK: The Iran war's economic cost to Arab economies reached an estimated $150 billion in the conflict’s first month,…