Business
Business
Oil Prices Rise Ahead of Holidays Amid Tight Supply Outlook
Oil prices climbed on Tuesday, rebounding from the previous session’s losses. This increase reflects a brighter short-term market outlook, driven…
KUFPEC Ends Oil and Gas Operations in Pakistan
The Kuwait Foreign Petroleum Exploration Company (KUFPEC) is winding down its oil and gas operations in Pakistan. Hanif Khalid, a…
Honda and Nissan Sign MOU for Joint Holding Company
Honda and Nissan have officially signed a Memorandum of Understanding (MOU) to explore establishing a joint holding company and a…
Starbucks Baristas Expand Strike to Four More US Cities
Late on Saturday, the union revealed that Starbucks employees, represented by Workers United, have intensified their strike by adding four…
Nio Launches Affordable ‘Firefly’ Brand to Compete with Smart and Mini
On Saturday, Nio launched its new budget-friendly brand, Firefly, intended to rival Mercedes’ Smart and BMW’s Mini. CEO William Li…
CCP Fines Two Companies for Misleading Ice Cream Advertisements
The Competition Commission of Pakistan (CCP) levied fines of Rs75 million each on two frozen dessert manufacturers for falsely marketing…
Volkswagen Announces Major Job Cuts in Germany by 2030
Volkswagen has confirmed plans to eliminate 35,000 jobs in Germany by 2030, following a cost-cutting agreement with unions. This decision,…
Branded Ghee Prices Climb by Rs80 Despite 10% Drop in Palm Oil Costs
Branded ghee and cooking product manufacturers have increased prices despite declining palm oil import costs. A retailer noted that the…
Federal Government Raises Rental Rates for Commercial Properties
The federal government has raised the rental rates for commercial properties leased by federal institutions. Under this new policy, the…