Business

Business

Climate change risks may cut Pakistan’s GDP 18-20% by 2050: World Bank

A World Bank report revealed recently that increasing climate change risks could contract Pakistan’s annual Gross Domestic Product (GDP) rate…

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Elon Musk says he will find a new leader for Twitter

Elon Musk said on Wednesday he expected to reduce his time at Twitter and eventually find a new leader to…

2 Min Read

Pakistan’s debt and liabilities increased by 23.7% in the first quarter of the fiscal year 2023.

Pakistan's overall debt and liabilities have increased by Rs12 trillion, i.e., 23.7%, in the first quarter of the current fiscal…

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YouTube expands shopping features to combat digital ad slowdown

YouTube said on Tuesday it is bringing shopping features to its TikTok-like short-form video service as the Alphabet-owned company looks…

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UK inflation hits 41-year high as minister readies budget

Surging household energy bills and food prices pushed UK inflation to a 41-year high, according to data published a day…

4 Min Read

The rupee devalued for the third day in a row

The Pakistani rupee depreciated by Re0.22 or 0.10% against the U.S. dollar, closing at 221.91 compared to 221.69 on Monday.…

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Pakistan’s GDP may fall short of the target by more than 2 percent

State Minister for Finance Ayesha Ghous Pasha and Asim Ahmed, chairman of the Federal Board of Revenue (FBR), informed the…

2 Min Read

Pakistan’s five-year credit default swap deteriorates dramatically

Investors are becoming increasingly cautious about Pakistan's ability to pay its bond commitments. Therefore the country's five-year credit default swap…

3 Min Read

Super Crazy! Elon Musk fired a developer on Twitter

Elon Musk, the CEO of Twitter, sacked an engineer who had worked at the social media network for years after…

3 Min Read