Business
Business
Oil Prices Fall As US-Iran Deal Hopes Grow
Oil prices fell sharply on Wednesday as hopes for a possible US-Iran deal eased fears of supply disruptions in key…
Meta Layoffs Hit 10% As Zuckerberg Rules Out More
Meta Platforms Inc. cut 10% of its global workforce and transferred 7,000 employees to AI-related initiatives, while Chief Executive Officer…
Airbus Spending Cuts Target 10% Of Non-Industrial Costs
Airbus SE ordered a 10% cut in most non-industrial spending as supply-chain problems and global uncertainty continue to pressure its…
NextEra Dominion Merger Sets $66.8 Billion Power Deal
NextEra Dominion merger plans would combine NextEra Energy Inc. (NYSE: NEE) and Dominion Energy Inc. (NYSE: D) in an all-stock…
YMTC IPO Moves Ahead With Pre-Listing Coaching
YMTC IPO plans moved forward after Yangtze Memory Technologies Corp. began China’s pre-listing “tutoring” process, a securities regulator filing showed…
Uber Delivery Hero Stake Rises To 19.5%
Uber Technologies Inc. more than doubled its Delivery Hero SE stake to about 19.5% of issued capital, making it the…
Sovereign Debt Tokenisation Talks Begin In Pakistan
Pakistan has begun exploring sovereign debt tokenisation and blockchain-based Naya Pakistan Certificates as part of a plan to modernise capital…
Yuan Forecasts Raised as Banks See China Gains
Shanghai: Global banks raised yuan forecasts as China’s exports and steadier US-China relations supported currency gains, Reuters reported. The yuan…
KSE-100 Index Falls as Oil, IMF Worries Hit PSX
The KSE-100 Index fell as much as 2,624.91 points or 1.59%, on Monday as higher global crude prices, rising yields,…