Business
Business
Oil Prices Rise as Brent Nears $97 on Hormuz Attacks
SINGAPORE: Oil prices rose Monday, with Brent at USD 96.80 and WTI at USD 92.14 as of 4:54 a.m. PKT,…
UK GDP July Forecast Points to 0.1% Economic Contraction
LONDON, United Kingdom: UK GDP figures for July are expected to show a 0.1% monthly contraction, as weak retail sales and…
UK Autumn Budget Faces Pressure From Iran War Costs
LONDON, United Kingdom: The UK autumn Budget could be tough as the Middle East conflict pushes up inflation, borrowing costs…
Argentina Falklands Sanctions Target 45 Oil-Linked Entities
BUENOS AIRES, Argentina: Argentina Falklands sanctions could target 45 entities linked to oil exploration around the disputed islands after the…
China AI Token Economy Expands Into Cards, Plans and Loans
GUANGZHOU, China: The China AI token economy is expanding into banking and telecom services as companies package tokens into credit-card…
US-Venezuela Oil Deal Gives Pentagon 35% Stake in NABEP
WASHINGTON, United States: Under the US-Venezuela oil deal, the Pentagon receives a 35% stake in a company controlled by billionaire…
Raast Money-Laundering Claim Rejected by SBP After FATF
KARACHI, Pakistan: The State Bank of Pakistan (SBP) rejected the Raast money-laundering claim, saying FATF had neither classified the instant-payment system…
US Jobs Report: Payrolls Rise 162,000, Jobless Rate 4.1%
WASHINGTON, D.C., United States: The US jobs report showed employers added 162,000 jobs in August. The unemployment rate remained unchanged…
UK Skilled Worker Rule Eases Job Curbs for Abuse Victims
The UK will allow certain Skilled Worker visa holders formally recognised as modern slavery victims to take other employment from…