Business
Business
Hybrid Vehicle Sales Tax Cut to 18% Awaits Approval
ISLAMABAD: Pakistan is considering reducing hybrid vehicle sales tax from 25% to 18%, but the proposal still requires federal cabinet…
Oil Prices Rise as Iran Hormuz Plan Revives Supply Fears
Oil prices rose on Friday as proposed Iranian restrictions on vessels using the Strait of Hormuz renewed concerns about disruptions…
Central Bank Gold Buying Hits Q2 Record of 289 Tonnes
LONDON: Central bank gold buying reached 289 tonnes in Q2 2026, a record for that period. Purchases rose 62% year…
KSE-100 Rebound Lifts Index 2,380 Points on Peace Hopes
KARACHI: The KSE-100 rebounded by 2,380.21 points to 179,463.43 on Wednesday, as hopes for US-Iran peace and falling oil prices…
SpaceX Q2 Revenue Jumps 92% to $7.81 Billion
NEW YORK: SpaceX Q2 revenue rose about 92% to USD 7.81 billion, beating market expectations in the company’s first quarterly…
AstraZeneca-Bristol Myers Talks Stay Active on $400bn Group
LONDON: AstraZeneca PLC (LSE/NYSE: AZN) and Bristol-Myers Squibb Company (NYSE: BMY) remained in active talks over a possible combination worth…
S&P 500 Hits Record as Palantir, Caterpillar Surge
NEW YORK: The S&P 500 set a record, and the Dow topped 54,000 on Tuesday as strong earnings from Palantir…
Oil Prices Fall Nearly 5% as US-Iran Talks Resume
TOKYO: Oil prices fell nearly 5% in early Asian trading on Monday, with Brent at USD 83.81 and WTI at…
Trump Account Closures Followed AML Review, Bank Says
MIAMI: Trump account closures affecting more than 300 Capital One accounts followed a months-long anti-money-laundering review, the bank said in…