Business News
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Lindt nears resolution in Swiss-Italian chocolate battle over Turin’s Gianduiotto
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[ad_1] The little gianduiotto chocolate of Turin ended up at the centre of a big dispute between artisan and industrial chocolatiers. — AFP Swiss confectionery giant Lindt is indicating a forthcoming deal with a group of Italian artisan chocolatiers, signaling a resolution to the months-long dispute over Turin’s famed gianduiotto. Lindt, the owner of Italian…
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Intuitive Machines stocks rise by 300% as Odysseus spacecraft reaches near Moon
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[ad_1] This screengrab shows Intuitive Machines’ Odysseus lunar lander separates from the rocket’s upper stage and heads toward the moon. — SpaceX/Nasa/File With its IM-1 mission headed for the lunar surface, shares of Intuitive Machines have risen more than 300% since early January, just over a month after they reached all-time lows. Wall Street analysts…
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Pakistan eyes $20b in trade with Saudi Arabia | The Express Tribune
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[ad_1] ISLAMABAD: Observing that the current trade volume falls short of expectations, Caretaker Federal Minister for Commerce and Industry, Gohar Ejaz said that Pakistan aims to lift bilateral trade with Saudi Arabia upto $20 billion. Addressing the Pakistan-Saudi Business Forum in Riyadh on Thursday, the minister said that legislation would be enacted to promote bilateral…
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AT&T, T-Mobile, Verizon: US citizens face massive nationwide mobile outage
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[ad_1] A person using a mobile phone. — MTN/File The US is facing a nationwide mobile outage which even prevented some police stations from receiving 911 calls starting from early Thursday. With around 32,000 reports at 4:30 am, AT&T appeared to have had the most problems, according to data from DownDetector. This tool analyses outages…
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Foreign bonds outperform peers | The Express Tribune
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[ad_1] design: Ibrahim Yahya KARACHI: Pakistan’s US dollar-denominated Eurobonds and Sukuks staged an outstanding rally in global markets on Wednesday in the wake of ending the political deadlock over the formation of the government in the centre, outperforming emerging-market peers on the day. According to the data compiled and reported by JS Global Research, Pakistan’s…
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Rupee rises amid political stability | The Express Tribune
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[ad_1] PHOTO: REUTERS/FILE KARACHI: The Pakistani currency resumed its uptrend after a day of nominal losses, partially regaining to Rs279.50 against the US dollar in the interbank market on Wednesday amid the beginning of the end of the political crisis over the formation of the government in the centre. According to the State Bank of…
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PSX soars as political gridlock breaks | The Express Tribune
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[ad_1] A sign of the Pakistan Stock Exchange is seen on its building in Karachi, Pakistan January 11, 2016. PHOTO: REUTERS KARACHI: The Pakistan Stock Exchange (PSX) bounced back on Wednesday, making a U-shaped recovery and erasing losses as the resolution of internal political concerns spurred investor interest following an agreement to form a government.…
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Govt restructures gas priority for industrial growth | The Express Tribune
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[ad_1] ISLAMABAD: The caretaker government has decided to change the gas priority order by placing the process industry at the top along with domestic consumers. It has also changed the priority order of the fertiliser sector by placing it in the second category along with the power sector. Earlier, the fertiliser industry was placed in…
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93% Gen Z’s have ‘ghosted’ job interviews
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[ad_1] The image shows two men facing each other, shaking hands. — Unsplash We’ve all heard about ghosting in romantic relationships, friendships and among loved ones too, and it isn’t a new phenomenon anymore. But surprisingly, the concept is not restricted to the aforementioned scenarios, thanks to today’s Generation Z, aka Gen Z, who’re now…
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PM highlights rich natural resources | The Express Tribune
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[ad_1] The PM said Pakistan was not rich for its geostrategic location rather it was a geo-economic offer as the country sat on the Tethyan Belt of 2800sq km filled with immense mineral resources. Photo: afp ISLAMABAD: Caretaker Prime Minister Anwaarul Haq Kakar, on Tuesday, reassured the government’s all-out support to investors, underscoring that the…
