Business
Business
Stock Movers: SpaceX, Moderna Rise as Intel Falls
Stock movers on Tuesday included SpaceX and Moderna among the biggest gainers, while Intel, Planet Labs and Huntsman led notable…
Eos Energy Stock Jumps as Battery Line 2 Starts
Eos Energy stock rose after Eos Energy Enterprises, Inc. (NASDAQ: EOSE) started commercial production at Battery Line 2 on June…
Oil Prices Fall 4% as Brent Hits Three-Month Low
Oil prices fell about 4% on June 16, with Brent crude dropping below $80 a barrel for the first time…
100 Index Gains Nearly 3,000 Points After SBP Hold
The KSE-100 Index rose as much as 2,947.08 points, or 1.66%, on Tuesday after the State Bank of Pakistan held…
Oil Prices Hold Losses as US-Iran Deal Lifts Stocks
Oil prices held losses on Tuesday after falling nearly 5% a day earlier. Investors assessed a US-Iran peace deal aimed…
Social Media Income Tax Approved at 5% in Pakistan
Pakistan’s Senate Standing Committee on Finance approved a social media income tax of 5% on annual earnings above Rs. 600,000…
Gazprom Stake in NIS Nears MOL Deal Before Deadline
MOL and Serbia have finalised terms for a possible takeover of the Gazprom stake in NIS, Serbia’s largest oil company,…
Asian Stocks Jump Over 5% as Oil Prices Fall
Asian stocks rallied Monday, with Tokyo and Seoul benchmarks rising more than 5%, after a US-Iran deal raised hopes for…
KSE-100 Index Rally Adds 4,517 Points On US-Iran Deal
The KSE-100 Index rally lifted Pakistan Stock Exchange shares on Monday. The index touched 176,917.76, up 4,517.86 points, or 2.62%,…