Business News
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Marks and Spencer to shut down 111-year-old store in London
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[ad_1] The Marks and Spencer store in south London. — The Sun The Marks and Spencer store in south London, a local favourite for over a century in London, is set to close its doors permanently. Its impending closure was…
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Power consumers likely to get relief in May electricity bills
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[ad_1] A representational image of pylons and power lines. — AFP/File Power consumers are likely to get ‘third consecutive’ relief of Rs4.12 per unit in the electricity bills in May as a petition sought slashing rates from Rs2.94 to Rs4.92…
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Aurangzeb unveils economic plan | The Express Tribune
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[ad_1] WASHINGTON: Federal Minister for Finance and Revenue Muhammad Aurangzeb, leading a Pakistani delegation at the International Monetary Fund (IMF) and World Bank 2024 Spring Meetings in Washington DC, on Tuesday highlighted the country’s roadmap to address economic challenges and…
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KATI president urges reversal of POL hike | The Express Tribune
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[ad_1] KARACHI: President of the Korangi Association of Trade and Industry (KATI), Syed Johar Ali Qandhari, appealed to the government to rescind the recent hike in petroleum product prices, warning of dire consequences such as industrial closures, inflationary pressures, and…
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Consumers to get relief in electricity bills for May | The Express Tribune
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[ad_1] ISLAMABAD: The consumers will get a Rs4.12 per unit reduction in their electricity bills for the month of May as compared to March. A petition has been submitted to the National Electric Power Regulatory Authority (Nepra) for slashing fuel…
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iPhone’s losing sales worldwide, is Apple’s end near?
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[ad_1] Apple loses to Samsung. — Android Authority/File Global tech giant Apple is quickly losing sales worldwide as iPhone sales have fallen by 10% in the first quarter of year 2024, despite a broader market recovery, CNN reported. As Apple…
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Pakistan needs at least 3 years to implement IMF’s structural reforms: FinMin
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[ad_1] Finance Minister Muhammad Aurangzeb speaking during an interview with US think tank Atlantic Council. — X/@Financegovpk WASHINGTON: As Pakistan eyes another International Monetary Fund (IMF) bailout package, Finance Minister Muhammad Aurangzeb said that the South Asian nation needs two to…
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Trump Media stock prices go down as company issues more shares
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[ad_1] Donald Trump’s social media company Truth Social’s stock fall by 18%. — AFP Could offering new shares save the struggling company as it loses money rapidly? The share price of Trump Media and Technology group owned by Donald Trump…
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Petrol price in Pakistan increases by Rs4.53 per litre
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[ad_1] A car being refuelled in this undated picture. — AFP Amid increase in the global oil rates, the federal government has increased the price of petrol by Rs4.53 per litre for the next fortnight. According to a notification issued…
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PM orders ‘drastic measures’ to cut power tariff
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[ad_1] Prime Minister Shehbaz Sharif chairs a meeting regarding power sector in Islamabad on April 15, 2024. — PID ISLAMABAD: In a sigh of relief for the common man, Prime Minister Shehbaz Sharif on Monday directed for drastic measures to…
