Business

Business

Germany Eases Visa Rules for International Students and Skilled Workers

Germany has amended its visa regulations to better accommodate international students, allowing them to work while studying, effective March 1,…

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Federal Reserve Keeps Interest Rates Steady Amid Signs of Easing Inflation

The US Federal Reserve has opted to keep its interest rate unchanged, signalling optimism that inflationary pressures may be easing.…

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FBR Proposes Taxation Scheme for 3.5 Million Pakistani Traders

The Federal Bureau of Revenue (FBR) in Pakistan has unveiled a proposal to tax an estimated 3.5 million traders nationwide.…

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Auto Companies Cut Prices Amid Economic Pressures in Pakistan

Auto industry experts attribute recent price reductions by car manufacturers to several factors, including diminished purchasing power, high taxes, rampant…

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PSX Surges 600 Points Amid Military Action and Stable Monetary Policy

The Pakistan Stock Exchange (PSX) gained over 600 points. This was after military strikes, and the SBP kept rates steady.…

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Unilever to Spin Off Ice Cream Business and Cut 7,500 Jobs in Major Restructuring

Unilever announced a decision on Tuesday to divest its ice cream division, known for brands like Magnum and Ben &…

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IMF Approves Final Review of $3 Billion Bailout for Pakistan

The final review of a $3 billion bailout between the International Monetary Fund (IMF) and Pakistan concluded at the staff…

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Saudi Arabia Integrates Foreign Investors into Workforce with Nitaqat Saudisation Programme

Saudi Arabian authorities have sanctioned the Nitaqat Saudisation programme, a significant move that integrates foreign investors into the workforce as…

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Electricity Tariff Hike Looms as CPPA Seeks Rs4.99 Increase Per Unit for Feb 2024

Electricity users brace for a price jump, with the CPPA proposing a Rs4.9917 per unit increase for February 2024. This…

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