Business

Business

US Markets Slip as Nasdaq Falls 0.24%, Oil Drops 3.74%

US markets ended mostly lower in New York on June 26, with the Nasdaq down 0.24%, the S&P 500 off…

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FBR Defends Rs30m Bank Recovery in Disputed Tax Case

The Federal Board of Revenue defended its bank recovery action, saying it recovered Rs30 million from a citizen’s account in…

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Azerbaijan Airlines A321neo Joins AZAL Fleet

Azerbaijan Airlines completed the delivery of its A321neo on June 25, as AZAL received its first next-generation Airbus A321neo under…

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US Stock Futures Fall as AI Worries Hit Tech Rally

US stock futures fell on Friday as concerns over AI valuations and a chip-led selloff in Asia stalled Wall Street’s…

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Europe Heatwave AC Sales Boost Asian Makers

Sales of AC units in Europe are rising as record temperatures push consumers and companies to buy cooling units from…

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Barclays Upgrades Pakistan Dollar Bonds After May Downgrade

Islamabad: Barclays upgraded Pakistan sovereign dollar bonds, reversing its May downgrade after stronger reserves, improved fiscal indicators and rising investor…

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Toyota Production Cuts Widen to 100,000 Vehicles

Toyota Motor Corporation plans to cut Toyota production by about 100,000 vehicles outside Japan through February 2027, Nikkei Asia reported.…

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Trump Fuel Price Probe Targets Oil Companies

US President Donald Trump ordered the Department of Justice to investigate fuel prices after accusing oil companies of keeping gasoline…

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Oil Prices Fall Over 1% as Hormuz Tankers Move

Oil prices fell more than 1% on Wednesday, trading near four-month lows as more stranded tankers appeared set to move…

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