Business News
-
Stocks climb by over 1,000 points as political clarity emerges
.
[ad_1] A woman takes pictures of the electronic board displaying data at the Pakistan Stock Exchange in Karachi, on December 21, 2022. — PPI KARACHI: The Pakistan Stock Exchange (PSX) started the day on a positive note as the KSE-100 index increased by over 1,000 points on Wednesday due to the clarity on the political front. …
-
Paramount Global to cut 800 jobs despite Super Bowl success
.
[ad_1] Toy figures of people are seen in front of the displayed Paramount + logo, in this illustration taken January 20, 2022. —Reuters Paramount Global, the owner of broadcast and cable TV networks, revealed on Tuesday its decision to lay off hundreds of employees, aiming to streamline operations and boost revenue, CNN reported. This move…
-
Development spending 61% below target | The Express Tribune
.
[ad_1] ISLAMABAD: The interim government spent Rs191 billion on development projects during the first seven months of this fiscal year – a sum that is over Rs300 billion or 61% less than the target and underscores the implications of tough economic conditions. The Ministry of Planning reported on Tuesday that the development expenditures amounted to…
-
JJVL calls for deregulation in LPG Policy | The Express Tribune
.
[ad_1] The premier directed the Petroleum Division to draw up a plan for resuming production at JJVL plant to mitigate gas shortage in winter. Photo: File ISLAMABAD: Jamshoro Joint Venture Limited (JJVL) has proposed deregulating the base-stock price of local Liquefied petroleum gas or imported LPG in the new proposed LPG Policy, allowing market forces…
-
Rupee disparity grows amid political turmoil | The Express Tribune
.
[ad_1] KARACHI: The disparity in the value of the rupee between interbank and open markets widened to over Rs2 on Tuesday, compared to around Rs1.50 previously, signalling a potential return of currency volatility amid political turmoil. The spread, however, stands at 0.72% (Rs2.01), remaining well below the International Monetary Fund’s recommended maximum level of 1.25%.…
-
Here are 10 best US jobs in 2024
.
[ad_1] A representational picture of a job market. — Pixabay The US News has announced its top ten jobs for Americans in 2024. If you’re either looking for a job in the United States or hoping to move there then this list is for you. The list reflects a changing job market, with the healthcare…
-
PSX sheds over 1,300 points during intraday trade
.
[ad_1] An investor talks on his phone at the PSX in this undated picture. — AFP/File KARACHI: Political uncertainty continued to dominate the negative sentiment at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 index lost close to 1,400 points during intraday trading on Tuesday. The KSE-100 index stood at 59,674.31, losing 1,391 points,…
-
Heartbreak for lovebirds as Cocoa prices skyrocket right before Valentine’s Day
.
[ad_1] The image shows a pack of chocolates on occasion of Valentine’s Day. — Glamour Have you noticed the rising cost of your favourite chocolate treats just in time for Valentine’s Day? The sweet indulgence that many cherish is facing a bitter reality as cocoa prices skyrocket to unprecedented levels. But what’s driving this surge?…
-
Valentine’s Day 2024: Why are Americans investing in self-care but not roses, chocolates, hearts?
.
[ad_1] A self-care quote written on a heart-shaped placard. — Scottsdale Recovery/File Friendship and personal well-being are becoming more important as younger American consumers decide to start prioritising and putting themselves first this Valentine’s Day. However, Valentine’s Day classics still include jewellery, flowers, and chocolate, according to BBC. This year, US consumers alone are expected…
-
Edible oil industry advocates tax reform | The Express Tribune
.
[ad_1] The government should contemplate imposing a 20-22% sales tax and a 5% income tax on commercial importers to discourage them, said KK Group of Industries CEO Khalid Islam Sheikh. Photo: file KARACHI: Edible oil manufacturers have called for reducing the duty on Crude Palm Oil (CPO), abolishing section 8B of the Sales Tax Act,…
