Business News
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Indian Supreme Court denies new inquiry against billionaire Gautam Adani
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[ad_1] An art school teacher gives final touches to a painting of the Indian businessman Gautam Adani highlighting the ongoing crisis of the Adani group in Mumbai on February 3, 2023. — AFP The Supreme Court of India has denied…
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Elon Musk suffers setback as Tesla loses crown
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[ad_1] Tesla CEO Elon Musk. — AFP/File Elon Musk Tuesday suffered a major setback — not a good way to start the New Year — as his company Tesla was overtaken by China’s BYD as the world’s best-selling electric vehicle manufacturer. …
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‘Not a single issue addressed’ | The Express Tribune
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[ad_1] KARACHI: Despite the formation of a coordination committee two months ago and assurances from the caretaker government, business leaders in Hyderabad lament that not a single issue affecting the city’s business community has been addressed. They highlight that Site…
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Stocks slip over high inflation reading | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) on Tuesday experienced a downturn, following a highly bullish session a day ago, primarily owing to dismal data revealing that the Consumer Price Index (CPI) surged to 29.7% year-on-year (YoY) in December 2023. In…
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HEC handed over to successful buyer | The Express Tribune
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[ad_1] ISLAMABAD: After nearly two years of successful bidding, the Privatisation Commission officially handed over the Heavy Electrical Complex (HEC) to the buyer, IMS Engineering (Pvt) Ltd, on Tuesday. The state-owned company was sold in February 2022 for Rs1.4 billion…
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Which US jobs experienced biggest pay hikes in 2023?
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[ad_1] The US added 336,000 new jobs in September from an upwardly revised 227,000 in August. — X/@bloomberg The average weekly wage for workers in the United States increased by 1.7% between 2019 and 2023, despite rising costs for everything…
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Caretakers eye cutting power prices for industries
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[ad_1] ISLAMABAD: Muhammad Ali, the caretaker federal minister for energy, stated that the government was considering making a significant move by lowering industrial power rates. Speaking to Geo News, the minister said that with five to six weeks remaining until…
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Why Nobel Prize winner Muhammad Yunus is convicted in Bangladesh labour law case?
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[ad_1] Muhammad Yunus is facing more than 100 other charges over labour law violations and alleged graft. — AFP/File Muhammad Yunus, the recipient of the Nobel Peace Prize, was sentenced to six months in prison by a Bangladeshi court on…
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PM orders crackdown against fertiliser hoarders | The Express Tribune
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[ad_1] KARACHI: Caretaker Prime Minister Anwaarul Haq Kakar has directed authorities concerned to launch a crackdown against fertiliser hoarders, smugglers, and profiteers, stating that there is enough stock of urea available for the current wheat season in the country. In…
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Kinnow exports projected to decline by 50% | The Express Tribune
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[ad_1] KARACHI: The Kinnow industry is on the verge of collapse, with a projected 50% decline in exports and the closure of 50% of processing plants, warn leading exporters. Sharing a plethora of reasons with The Express Tribune, they highlight…
