Business

Business

EU Bans Brazil Poultry Imports After Bird Flu Outbreak in Rio Grande do Sul

On May 19, 2025, the European Commission prohibited poultry and meat imports from Brazil, the world’s largest poultry exporter, due…

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Bitcoin Falls Below $103,000 as Altcoins Slide Amid Market Uncertainty

On May 19, 2025, Bitcoin’s price dipped below $103,000, falling 0.83% in 24 hours to $102,845 on global exchanges like…

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Pakistan Targets 4.4% GDP Growth in 2025-26 Budget, IMF Pushes Fiscal Reforms

Pakistan has set a GDP growth target of 4.4% for the fiscal budget of 2025-26, an increase from the current…

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IMF Imposes 11 New Conditions on Pakistan for 2025-26 Budget, Cites India Tensions

On May 17, 2025, the International Monetary Fund (IMF) outlined 11 new conditions for Pakistan’s $7 billion loan under the…

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Novo Nordisk CEO Lars Jørgensen to Step Down

Novo Nordisk announced that CEO Lars Fruergaard Jørgensen will step down after eight years. The Danish pharmaceutical giant faces fierce…

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Pakistan’s 2025-26 Budget: Rs20 Trillion Outlay Set for June 2

Pakistan’s federal government will present a Rs20 trillion budget for fiscal year 2025-26 in Parliament on June 2, 2025. Officials…

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Gold Prices in Pakistan Surge to Rs336,100 per Tola, Track Global Rise

As reported by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), gold prices in Pakistan increased on May 16, 2025.…

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Pakistan’s Forex Reserves Reach $15.61 Billion, Gold Prices Drop

As of May 9, 2025, Pakistan’s total foreign exchange reserves reached $15.61 billion, according to the State Bank of Pakistan…

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Burberry to Cut 1,700 Jobs Globally in Cost-Cutting Brand Reset Strategy

Burberry, the British luxury brand, announced on May 14, 2025, plans to cut approximately 1,700 jobs, nearly 20% of its…

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