Business

Business

Oil prices rise in choppy trade

Oil prices edged higher in volatile trade on Friday, bolstered by the prospect of lower Russian exports but pressured by…

2 Min Read

AI like Bing and Bard poses a billion-dollar search problem

As Alphabet looks past a chatbot flub that helped erase $100 billion from its market value, another challenge is emerging…

8 Min Read

US judge rules 9/11 victims cannot seize Afghan central bank funds

The families of victims of the September 11, 2001, terror attacks cannot seize $3.5 billion in funds belonging to Afghanistan's…

4 Min Read

Gold price rises on third day

A weaker rupee caused an increase in gold prices on Tuesday, approaching a one-week high the previous week, as investors…

2 Min Read

Pakistan current account deficit falls to $0.2 billion in January: SBP

Pakistan's current account deficit (CAD) dropped to $0.2 billion in January 2023, down 90% from last year, as the rupee's…

2 Min Read

IMF asks SBP to increase interest rates by 300 to 400 basis points

The International Monetary Fund (IMF) and the State Bank of Pakistan (SBP) discussed the potential for further monetary policy tightening…

4 Min Read

Elon Musk closes two Twitter offices in India

Twitter Inc has closed two of its three offices in India, Bloomberg News reported on Friday, citing people familiar with…

3 Min Read

Government presents “mini-budget” to revive IMF program

Finance Minister Ishaq Dar presented the "mini-budget" in the National Assembly and Senate on Wednesday to comply with the International…

9 Min Read

Coffee trumps economic crisis as Tim Hortons opens in Pakistan

Pakistanis are queuing for hours to grab coffee and pastries from Canadian chain Tim Hortons, which opened its first outlet…

3 Min Read