Business
Business
Twitter lays off an additional 10% of the current workforce
Twitter has laid off at least 200 employees, or about 10% of its workforce, the New York Times reported late…
Nokia changes iconic logo after 60 years to signal strategy shift
Nokia (NOKIA.HE) announced plans on Sunday to change its brand identity for the first time in nearly 60 years, complete…
Govt agrees with IMF to hike interest rate by 200 bps
Before releasing $11 billion in critical funding as part of a $65 billion bailout package, the government of Pakistan agreed…
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…
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…
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…
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…
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…
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…