Business News
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Anti-smuggling drive lifts rupee further | The Express Tribune
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[ad_1] KARACHI: Pakistani currency continued to strengthen for the ninth consecutive working day on Monday, on the back of strong support from administrative measures like a crackdown on currency smugglers and hoarders, which increased supply of foreign currencies in the…
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President Erdogan wants Elon Musk to open Tesla factory in Turkey
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[ad_1] Turkish President Recep Tayyip Erdogan has developed a friendship with tech tycoon Elon Musk. — AFP Recep Tayyip Erdogan, the president of Turkey, Monday urged tech magnate Elon Musk to locate his upcoming Tesla factory in Turkey, making him…
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AI-led productivity hike should result in reduced workweeks, says Bernie Sanders
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[ad_1] Senator Bernie Sanders speaks to members of the United Auto Workers (UAW) union during a rally in Detroit, Michigan, on Friday.—AFP Bernie Sanders, the liberal US senator, has called for a discussion on substantially reducing the workweek in response…
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SIFC expectations and reality check | The Express Tribune
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[ad_1] ISLAMABAD: Economic rationale and global investment analysis suggest that attracting investment hinges on fulfilling three key prerequisites. Firstly, potential investors scrutinise a country’s business environment to understand its functioning, registration processes, facilitation mechanisms, bureaucratic attitude and governance system. Secondly,…
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$100b investment: pivotal essentials | The Express Tribune
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[ad_1] We are hearing a lot nowadays about the potential investment of $100 billion in Pakistan. A dedicated parliamentary act was instituted on August 4, 2023 vide which the Special Investment Facilitation Council (SIFC) has also been constituted. Although investment…
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Water: The liquid lifeline facing climate crisis | The Express Tribune
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[ad_1] ISLAMABAD: Water has three forms: liquid, solid, and vapour, and it changes its form with temperature. The Earth’s surface possesses about 75% of liquid water and ice. As water constantly moves between the atmosphere, land, and ocean, it impacts…
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PIA flight operations returning to ‘normal’ | The Express Tribune
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[ad_1] LAHORE/ ISLAMABAD: The Pakistan International Airlines (PIA) flights began returning to normal on Saturday as their engines roared to life following delays and suspensions caused by a shortage of funds and failure to pay Pakistan State Oil (PSO) for…
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IMF to urge China to shift growth model | The Express Tribune
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[ad_1] WASHINGTON: The International Monetary Fund plans to tell China to boost weak domestic consumption, address its troubled real estate sector and rein in local government debt, problems that are dragging down both Chinese and global growth, IMF Managing Director…
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UAW strike: US auto workers launch first-ever joint action for wage hikes
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[ad_1] GM workers with the UAW Local 2250 Union strike outside the General Motors Wentzville Assembly Plant on Sept. 15, 2023 in Wentzville, Mo. USA Today The United Auto Workers (UAW) union has initiated a targeted strike at three major…
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Interim govt increases petrol, diesel prices to record high
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[ad_1] Petrol prices surged to Rs331.38 per litre. — AFP/File In view of the increasing trend of petroleum prices in the international market, the caretaker government on Friday hiked the petrol prices by more than Rs26 and diesel by over…





