Business
Business
WeightWatchers Files for Bankruptcy to Restructure $1.15B Debt
WeightWatchers, now WW International, filed for Chapter 11 bankruptcy to restructure $1.15 billion in debt, citing competition from weight-loss drugs…
Chinese Defense Manufacturing Stocks Surge After Pakistan Downs 5 Indian Jets
Chinese defence-manufacturing companies saw a significant stock rally on Wednesday, driven by heightened India-Pakistan border tensions following India’s missile strikes.…
Gold Prices Surge by Rs 6,100 Per Tola Pakistan
Gold prices in Pakistan and globally skyrocketed on May 6, 2025, with a Rs6,100 per tola increase locally and a…
PSX Rebounds 900 Points After SBP’s Surprise Interest Rate Cut
The Pakistan Stock Exchange (PSX) surged nearly 900 points on Tuesday, driven by renewed investor confidence following the State Bank…
Gold Prices Surge Rs350,000 in Pakistan in May 2025
Gold prices soared to unprecedented levels on Monday, May 5, 2025, in both international and domestic markets, fueled by economic…
State Bank of Pakistan Cuts Interest Rate to 11%
The State Bank of Pakistan (SBP) has lowered its key interest rate by 100 basis points (bps) to 11%, effective…
Pakistan’s FBR Launches Digital Performance System for Tax Officers
Pakistan’s Federal Board of Revenue (FBR) has launched a fully digitised Performance Management System (PMS) to improve transparency in evaluating…
Pakistan Expands SME Definition to Boost Micro-Enterprises and Economy
Pakistan’s government has broadened its SME definition to include micro-enterprises and offers incentives to formalise millions of informal businesses. Special…
Apple Shares Drop 5% Amid Reduced Buyback and $900M Tariff Costs
Apple Inc. shares plummeted 5% on Friday after announcing a scaled-back $100 billion stock buyback program and a projected $900…