Following the notification of the Federal Board of Revenue (FBR), the Pakistan Telecommunication Authority (PTA) has reduced the registration charge for older phones of Apple iPhones. Following the FBR’s statement that taxes on Apple cellphones will be decreased, the PTA reduced the registration charge for older iPhone models. The PTARead More →

(Reuters) For IT juggernauts like Microsoft (MSFT.O) and Alphabet (GOOGL.O), artificial intelligence is anticipated to yield significant returns in the future. But before profits start to affect the bottom line, anticipate further investments, the corporations said on Tuesday. According to Microsoft, prices increased significantly when it constructed new data centersRead More →

The benchmark KSE-100 index for the Pakistan Stock Exchange (PSX) rose more than 600 points on Friday and surpassed the 46,000 level. At 3:46 p.m., the index had risen 675.30 points, or 6.07 percent, from its previous closing of 45,398.31. Director of Arif Habib Corporation Ahsan Mehanti claimed that theRead More →

According to individuals with knowledge of the situation, a number of multinational organisations are competing to acquire TUA Assicurazioni from Generali (GASI.MI), as Italy’s biggest insurer looks to streamline assets inherited in a purchase in 2021. The sources estimate that the 2003-founded non-life company TUA Assicurazioni is worth about 300Read More →

According to a representative for the Karachi Port Trust, a second shipment of crude oil from Russia is expected to arrive in Pakistan tomorrow. The ship, “Clyde Noble,” will transport 55,000 metric tonnes of crude oil. On June 11, the first Russian crude oil ship arrived in Pakistan with 45,000Read More →

According to Santo Ficili, the group’s head for Italy, Stellantis (STLAM.MI), a contract has been agreed with Italian dealers to assist the automaker in delivering automobiles during a period of protracted logistical disruption in Europe. According to the agreement, which was reached six months ago, dealers pick up automobiles directlyRead More →