Business

Business

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…

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Barbara Corcoran Explains Why She Prefers Economy Class for Travel

Barbara Corcoran, the renowned millionaire and star of 'Shark Tank,' opts for economy class flights over first class, despite her…

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SBP Cuts Key Policy Rate to 13% Amid Lower Inflation

On Monday, the State Bank of Pakistan (SBP) reduced its key policy rate by 200 basis points, from 15% to…

2 Min Read

PSX Soars to 116,000 Points as Rate Cut Speculation Fuels Market Optimism

The stock reached a new high on Monday, crossing the 116,000-point mark early, driven by expectations of an SBP rate…

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Pakistan’s Federal Debt Soars to Rs 69.114 Trillion in Eight Months

Pakistan's federal government debt witnessed a significant increase of Rs 4,304 billion during the first eight months of its current…

1 Min Read

Bitcoin Surges Past $105,000 on U.S. Strategic Reserve Fund News

Bitcoin's value soared to a record-breaking high of over $105,000 early Monday in Asian markets, continuing its upward trajectory since…

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New Fuel Prices in Pakistan: Changes Effective This Fortnight

The government of Pakistan has set new fuel prices effective for the next fortnight. According to the latest details, petrol…

2 Min Read

Mango Founder Isak Andic Passes Away in Tragic Accident

Mango, the globally renowned Spanish clothing retailer, has announced the sudden death of its founder, Isak Andic. Toni Ruiz, the…

2 Min Read

FBR Launches Fee-Less Customs Assessment System in Karachi

The Federal Board of Revenue (FBR) has launched the Fee-Less Customs Assessment (FCA) system in Karachi. This is a key…

1 Min Read