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Business

Uzbekistan Gas Leak Project Gets $10.6m World Bank Backing

TASHKENT, Uzbekistan: Uzbekistan has approved a USD 10.6 million gas leak project backed by the World Bank to reduce gas…

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Banking Fraud Awareness: Zardari Urges Wider Outreach

ISLAMABAD: President Asif Ali Zardari called for greater awareness of banking fraud to help customers protect themselves and access the services of…

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Global Bond Yields Hit Multi-Year Highs as Risks Mount

NEW YORK: Global bond yields climbed to multi-year highs as investors demanded more compensation for inflation, debt and geopolitical risks.…

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Berkshire SpaceX Stake Reaches $815 Million Via Alphabet

Berkshire Hathaway’s Berkshire SpaceX stake was worth about USD 815 million on June 30 through its investment in Alphabet, according…

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Evergrande Founder Jailed for Life Over Financial Fraud

SHENZHEN, China: Evergrande founder jailed for life on Thursday after a court convicted Hui Ka Yan over financial crimes linked…

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US Debt Tops $40 Trillion as Interest Costs Surge

US debt topped $40 trillion for the first time, reaching $40.047 trillion on August 18, as rising borrowing and interest…

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Toyota GR GTs US Allocation Sells Out Before 2027 Launch

Toyota’s GR GTs US allocation of 200 to 250 cars has already sold out, with customer deliveries expected to begin…

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Pakistan Retailer Tax App Launches for Small Traders

ISLAMABAD: The federal government launched a Pakistan retailer tax app on August 19 to help small traders and shopkeepers file…

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Unitree Robotics IPO Jumps 460% in Shanghai Debut

Unitree Robotics IPO shares surged more than 460% on August 19 as the Chinese humanoid robot maker made its Shanghai…

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