Business
Business
US Economy Defies Federal Reserve Rate Hike as Yields Rise
NEW YORK: The US economy has maintained growth, hiring and investment despite higher borrowing costs and a Federal Reserve rate…
FBR Sets Up National Faceless Centre for Tax Audits in Islamabad
ISLAMABAD: The Federal Board of Revenue (FBR) established the National Faceless Centre (NFC) on Friday, introducing an electronic system for…
US, China Extend Trade Truce to January 10, 2027
WASHINGTON: The United States and China have extended their bilateral trade truce by two months to January 10, 2027, giving…
Amazon Drone Delivery Plan Faces Westborough Pushback
WESTBOROUGH: Amazon is seeking approval for its first Prime Air drone delivery site in Massachusetts, with residents urging greater scrutiny…
Novo Nordisk NYSE Listing Upgrade Considered by CEO
COPENHAGEN: Novo Nordisk A/S is open to upgrading its New York Stock Exchange presence from American depositary receipts to a…
PIA Board Approves Five Aircraft Leases
ISLAMABAD: Pakistan International Airlines (PIA) board of directors has approved leases for five aircraft on September 23, 2026. The board…
US Stock Futures Hold Steady After AI-Led Wall Street Rally
NEW YORK: US stock futures were little changed Tuesday after an AI-driven rally lifted Wall Street a day earlier. Lower…
India AI Enablers Get 22% EPS Upgrade, Goldman Says
MUMBAI: India AI Enablers have entered an earnings-upgrade cycle even as broader market estimates weaken, according to Goldman Sachs. Consensus…
Meta Muse AI Rally Lifts Asian Chip Stocks, Gains Fade
SEOUL: The Meta Muse AI rally lifted Asian semiconductor stocks Tuesday after the personal agent topped U.S. app charts. However,…