NEW YORK (Reuters) — Oil prices rose up on potential disruptions from a US embargo of Venezuelan ships, as the market awaits word on a possible Russia-Ukraine peace accord. Brent futures jumped 65 cents, or 1.1%, to close at $60.47 per barrel, while US West Texas Intermediate (WTI) oil gainedRead More →
LUXEMBOURG (Reuters) — Meta Platforms has chastised EU antitrust investigators for what it claims were “aberrant” requests for information during two investigations four years ago, highlighting the growing resistance by businesses against what they regard as excessive regulatory demands. Meta, which has previously compared EU demands for its Facebook socialRead More →
Karachi (Pasar Pakistan) Pakistan’s foreign exchange reserves fell by $132 million last week, according to new figures issued by the State Bank of Pakistan (SBP). Following the latest decline, the country’s overall reserves currently stand at $19.605 billion. However, the central bank’s own reserves increased by $9.2 million, bringing totalRead More →
BRUSSELS (Reuters) — Apple (AAPL.O) filed a case against EU authorities in Europe’s second-highest court on Monday after they fined it 500 million euros ($587 million) earlier this year for violating historic laws aimed at limiting Big Tech influence. The European Commission ruled in April that the iPhone maker’s technologicalRead More →
LONDON (Reuters) — Tesla shares sank more than 3% on Monday, weighed down by investor fears over CEO Elon Musk’s concentration after he revealed plans to join a new US political party, escalating his spat with President Donald Trump. Tesla shares plunged more than 3% in Frankfurt, hinting to moreRead More →
(Web Desk) – On Monday, the Pakistani rupee sank to a 19-month low versus the US dollar in the interbank market, ending at 284.22, down Re0.25. The rupee was last seen at this level in December 2023. The currency had declined marginally the previous week, finishing at 283.97 and downRead More →
According to the most recent statistics from the Pakistan Bureau of Statistics (PBS), Pakistan’s exports decreased in April 2025, while imports increased.Exports in April 2025 was Rs611,289 million (provisional), down 17.48% from Rs740,800 million in March 2025 and 6.52% lower than Rs653,957 million in April 2024. In US dollars, exportsRead More →
(Web Desk) – The Karachi Fish Harbour is ability a cogent check in alertness for an accessible analysis by the European Union (EU) in the aboriginal anniversary of April. The audit, conducted by the European Commission’s Director for Health and Food, Audits and Analysis, will appraise the accessories of fisheryRead More →
Finance Abbot Senator Muhammad Aurangzeb has declared that the Pakistan Crypto Council (PCC) marks the alpha of a new agenda affiliate for the country’s economy. Chairing the council’s aboriginal meeting, Senator Aurangzeb was abutting by key stakeholders, including the CEO of the Council, Bilal Bin Saqib, the Governor of theRead More →
Airbus has contacted Pakistan International Airlines (PIA) in response to an emergency landing at Lahore Airport that left one of its back wheels missing. According to reports, the aircraft manufacturer is conducting a technical inquiry into the occurrence. Airbus has formally requested a full report from PIA on the AirbusRead More →