Business

Business

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…

1 Min Read

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,…

3 Min Read

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…

2 Min Read

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…

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Frontier Airlines Launches $299 Unlimited Flight Pass

Frontier Airlines is captivating budget travellers and adventure seekers with its latest offering, the 'GoWild!' pass. For a limited time,…

3 Min Read

Ogra Confirms 25.78% Gas Price Hikes for SSGCL

As winter brings high utility bills, the Oil and Gas Regulatory Authority (Ogra) announced a price increase for gas this…

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Honda and Nissan Discuss Merger to Strengthen EV Market Position

Honda Motor and Nissan Motor are preparing to discuss a merger to strengthen their global electric vehicle market position. The…

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Luxury Brands Embrace Cryptocurrency Payments

Bitcoin's rising value has attracted high-end fashion brands and retailers. They aim to engage new wealth pools and build loyalty…

3 Min Read

Alibaba Sells Intime Retail Unit to Focus on Core E-Commerce Operations

Alibaba Group has sold its Chinese department store unit, Intime, and recorded a $1.3 billion loss from the transaction to…

3 Min Read