Business News
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Business leaders urge deferral of ALR | The Express Tribune
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[ad_1] Business leaders pointed out that transporters who will be worst affected will be the small owners of 10-wheelers and 14-wheelers, constituting about 60% of the trucking fleet of Pakistan – mostly family owned. photo: file KARACHI: Business leaders have…
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Block cheap Chinese auto imports, say US makers | The Express Tribune
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[ad_1] WASHINGTON: The US government should block the import of low-cost Chinese autos and parts from Mexico, a US manufacturing advocacy group said on Friday, warning they could threaten the viability of American car companies. “The introduction of cheap Chinese…
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New govt hopes spur stock market | The Express Tribune
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[ad_1] PSX ‘switched off’ trading terminals of one brokerage house for violating NCB rules. PHOTO: FILE KARACHI: Pakistan Stock Exchange (PSX) surged nearly 3,000 points in the outgoing week in a rally spurred by an agreement among major political parties…
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Egypt, UAE sign major $35bn deal to develop Ras al-Hekma
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[ad_1] Representational image shows an aerial view of a luxury hotel complex in the Egyptian Red Sea resort city of Sharm el-Sheikh at the southern tip of the Sinai peninsula. — AFP/File In one of the largest agreements of its…
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Govt gets only $9.2b in foreign loans | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan received a little over $9 billion in foreign loans during the first seven months of the current fiscal year, an amount that was barely enough to meet its financing needs and could not take foreign exchange reserves…
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Businessmen fear hefty job losses | The Express Tribune
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[ad_1] KARACHI: Karachi Chamber of Commerce and Industry (KCCI) President Iftikhar Ahmed Sheikh, while expressing deep concern over the rising cost of doing business due to unbearable energy tariffs, has voiced fears that the day is not far when thousands…
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Inflation spikes on food, energy costs | The Express Tribune
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[ad_1] KARACHI: The weekly inflation reading ticked up 0.04% due to a hike in food and energy prices in the week ending February 22, ending the downturn recorded in the past three consecutive weeks. According to Pakistan Bureau of Statistics’…
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Jeff Bezos’s garage house where Amazon was founded sold — How much did it fetch?
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[ad_1] Jeff Bezos and his Amazon house. — Redfin/File Just one month after going up for sale, the modest Bellevue, Washington, house of Jeff Bezos that served as Amazon’s original headquarters has already found a buyer. The company, which is…
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Cabinet committee greenlights work on Iran-Pakistan gas pipeline
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[ad_1] Workers can be seen busy working on a gas pipeline at Chah Bahar, Iran. — X/@dana916 ISLAMABAD: After around a decade’s delay, the caretaker Cabinet Committee on Energy (CCoE) Friday approved works on the first phase of the Iran-Pakistan…
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Govt approves work on Pakistan section of IP gas pipeline project | The Express Tribune
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[ad_1] ISLAMABAD: The Cabinet Committee on Energy (CCoE) granted approval on Friday for the initiation of work on the 80-kilometer segment of the Iran-Pakistan (IP) gas pipeline project within the country. According to a press release, the committee, acting on…
