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Business
Pakistan’s CAD touches $567M in October
In October, Pakistan's Current Account Deficit (CAD) expanded to $567 million. In a Twitter message on Monday, the State Bank of Pakistan (SBP) stated, "CAD was $ 0.57…
Collapsed FTX owes nearly $3.1 billion to top 50 creditors
Cryptocurrency exchange FTX, which has filed for US bankruptcy court protection, said it owes its 50 biggest creditors nearly $3.1…
Tesla recalls 321,000 vehicles over taillight software glitch
Tesla recalls more than 321,000 vehicles in the United States because tail lights may intermittently fail to illuminate, the company…
Countries adopt COP27 deal with ‘loss and damage’ fund
Countries adopted a hard-fought final agreement at the COP27 climate summit early on Sunday that sets up a fund to…
Prototype Xiaomi out folding Smartphone Leaked via Twitter
A prototype of a Xiaomi smartphone that folds out has recently been leaked on Twitter. On his Twitter handler, Kuba…
Finance Minister dismissed default speculations
The Minister of Finance and Revenue, Ishaq Dar, dismissed the county's speculations of default and oil shortage. Ishaq Dar has…
Elizabeth Holmes sentenced to more than 11 years in prison for Theranos fraud
A federal judge on Friday sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison for defrauding investors in…
Pak Teleco CEOs allege govt, FBR, and SBP plunge into the dark age
In a meeting with Federal Minister of IT Syed Aminul Haq yesterday, the CEOs of telecommunications businesses voiced their worries…
Oil prices slide as supply fears recede
Oil fell by more than $3 a barrel on Friday and was on track for a second weekly decline, pressured…