Business

Business

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,…

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Pakistan Qatari LNG Cargo Clears Hormuz, Heads to Port Qasim

ISLAMABAD: A second Pakistan Qatari LNG cargo this month has crossed the Strait of Hormuz and is heading to Port…

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AMD Market Cap Tops $1 Trillion as Shares Hit Record High

NEW YORK: Advanced Micro Devices, Inc. (NASDAQ: AMD) saw its market cap cross $1 trillion for the first time Monday…

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Oil Prices Fall 2% on Iran Diplomacy, Saudi Export Rebound

LONDON: Oil prices fell about 2% on Monday to their lowest since September 10 as investors weighed prospects for U.S.-Iran…

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Iran Oil Shutdowns Raise Restart Costs as Loadings Plunge

The export decline has forced Iran to curb production as storage capacity fills. The supplied analysis cited Kpler estimates showing…

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Porsche Job Cuts: VW Plan Sees 4,100 More Roles Go

BERLIN: Volkswagen’s restructuring plans reportedly envisage about 4,100 additional Porsche job cuts, extending reductions already agreed at the sports-car maker,…

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Iran Oil Sales Network Faces New Transparency Claims

TEHRAN: Iran’s oil sales network faces renewed scrutiny after investigative journalist Yashar Soltani alleged that sanctions-era exports increasingly rely on…

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Warren Buffett Steps Down as Berkshire Chairman at 96

OMAHA, Nebraska, United States: Warren Buffett stepped down as chairman of Berkshire Hathaway on September 18 after 56 years, with…

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Pakistan Forex Reserves: SBP Holdings Hit Record $21.4bn

KARACHI, Sindh: Pakistan forex reserves held by the State Bank of Pakistan surged by USD 3.061 billion to a record…

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