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Business
US Crypto Bill Faces September Senate Procedural Vote
WASHINGTON: A US crypto bill faces a procedural vote in September after Senate Majority Leader John Thune filed cloture on…
US-Africa Investment Program Urged to Counter China
WASHINGTON: The $500 million US-Africa investment program should help African manufacturers compete with Chinese imports, two Foundation for Defence of…
Source Foundry Investment Hits $500 Million After Infusion
SAN FRANCISCO, United States: Situational Awareness’s Source Foundry investment totalled $500 million. The Wall Street Journal reported on Friday that…
Polysilicon Tariff: Trump Sets 15% Levy, Price Floors
WASHINGTON: US President Donald Trump imposed a 15% polysilicon tariff and minimum import prices Thursday for products vital to semiconductor…
Hybrid Vehicle Sales Tax Cut to 18% Awaits Approval
ISLAMABAD: Pakistan is considering reducing hybrid vehicle sales tax from 25% to 18%, but the proposal still requires federal cabinet…
Oil Prices Rise as Iran Hormuz Plan Revives Supply Fears
Oil prices rose on Friday as proposed Iranian restrictions on vessels using the Strait of Hormuz renewed concerns about disruptions…
Central Bank Gold Buying Hits Q2 Record of 289 Tonnes
LONDON: Central bank gold buying reached 289 tonnes in Q2 2026, a record for that period. Purchases rose 62% year…
KSE-100 Rebound Lifts Index 2,380 Points on Peace Hopes
KARACHI: The KSE-100 rebounded by 2,380.21 points to 179,463.43 on Wednesday, as hopes for US-Iran peace and falling oil prices…
AstraZeneca-Bristol Myers Talks Stay Active on $400bn Group
LONDON: AstraZeneca PLC (LSE/NYSE: AZN) and Bristol-Myers Squibb Company (NYSE: BMY) remained in active talks over a possible combination worth…