Business

Business

Samsung US Job Cuts Hit New Jersey, Texas Operations

Samsung Electronics cut jobs across its US consumer-electronics business as it moves its American headquarters from New Jersey to Texas,…

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Pakistan Fiscal Deficit Held at 1.6% of GDP in 11 Months

ISLAMABAD: Pakistan’s fiscal deficit stood at Rs2.03 trillion, or 1.6% of GDP, during July-May FY2025-26 after provincial governments generated a…

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PESCO Installs APMS Smart Meters on DI Khan 11kV Feeder

DERA ISMAIL KHAN, Khyber Pakhtunkhwa: PESCO APMS smart meters are being installed on distribution transformers linked to the 11kV Muslim…

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KSE-100 Weekly Decline Hits 6,438 Points at PSX

KARACHI: The KSE-100 weekly loss reached 6,439 points, or 3.53%, as the benchmark closed at 175,802.79 on Friday, July 17.…

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Pakistan Foreign Financing Hits $16.16bn, Misses Target

Pakistan's foreign financing reached $16.16 billion in FY2025-26, about $3.76 billion below the government’s $19.92 billion target, according to provisional…

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Trump Threatens Higher Canada Tariffs Over Wildfire Smoke

WASHINGTON: President Donald Trump threatened higher tariffs on Canada over wildfire smoke affecting the United States, but announced no new…

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Pakistan Daily Fuel Pricing Approved, OGRA to Set Rates

ISLAMABAD: Pakistan's daily fuel pricing will replace periodic government-set rates after the federal cabinet authorised OGRA to calculate and publish…

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PIA Boeing Aircraft Deal for 16 Planes

WASHINGTON: Federal Interior Minister Mohsin Naqvi discussed a possible PIA Boeing aircraft deal for 16 new planes during a visit…

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Oil Prices Rise for Fourth Day After US Strikes Iran

Oil prices rose for a fourth straight session on Thursday after renewed US strikes on Iran heightened concerns of wider…

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