Business News

  • PIA secures Rs18bn loan to avert suspension of flight operations

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    [ad_1] Crew members disembark from a Pakistan International Airways (PIA) flight at Kabul Airport, Afghanistan, September 13, 2021. — AFP KARACHI: The Pakistan International Airlines (PIA) secured much-needed Rs18 billion of funds in bank loans on Friday to avert a suspension of flight operations. “The PIA has obtained a loan of Rs18 billion from two…

  • Economy shows signs of recovery, says finance minister

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    [ad_1] Caretaker Finance Minister Shamshad Akhtar addresses a press conference in this still taken from a video on September 25, 2023. — YouTube/Geo News   Caretaker Finance Minister Shamshad Akhtar has said that the country’s economy is showing signs of recovery due to the steps taken by the interim government. She made the remarks a day…

  • Petrol price jumps to over Rs330 in massive hike | The Express Tribune

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    [ad_1] In another massive hike after the interim set up took over the reign, the government on Friday increased the price of petrol by Rs26.02 per litre while the tariff of high-speed diesel (HSD) was hiked by Rs17.34 per litre. “Owing to the increasing trend of petroleum prices in the international market, the government has decided to…

  • Petrol, diesel witness massive price hikes | The Express Tribune

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    [ad_1] ISLAMABAD: In another massive hike in the rates of petroleum products on Friday after the interim set-up took over the reins in August, the price of petrol was increased by Rs26.02 per litre while that of high-speed diesel (HSD) by Rs17.34 per litre. On Thursday, speculations were rife that the prices of petrol and…

  • Oil set for 3rd weekly gain | The Express Tribune

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    [ad_1] BENGALURU: Oil prices hit a 10-month high on Friday and were set to post a third weekly gain as supply tightness spearheaded by Saudi Arabian production cuts combined with optimism around Chinese demand to lift crude. By 1615 GMT, US West Texas Intermediate futures were up 62 cents, or 0.7%, to $90.78 a barrel…

  • Apple iPhone 12 radiation issue puts Europe on alert amid software upgrade in France

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    [ad_1] Apple iPhone 12 on display at a tech shop. — AFP Apple announced on Friday that it would upgrade the iPhone 12 in France, addressing regulators’ worries regarding the electromagnetic radiation that the smartphones emit. The move comes after a series of legal complaints regarding the Apple iPhone 12 radiation issue were received in…

  • Americans still eligible to receive $3,284 Permanent Fund Dividend cheques — Here’s what to do?

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    [ad_1] The logo of Alaska Permanent Fund Dividend (PFD). — PFD Alaska residents are still getting their 2022 Permanent Fund Dividend (PFD), in the form of a $3,284 cheque after the deadline expired on March 31, officials said on Thursday. You must have resided in Alaska for the whole calendar year prior to the date…

  • Several PIA flights cancelled, postponed amid financial crunch

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    [ad_1] Pakistan International Airlines (PIA). — AFP/File  KARACHI: Pakistan International Airlines (PIA) on Friday cancelled several domestic and international flights as the national flag carrier faces a shortage of funds to run its operations. Earlier this week, a top official of the national flag carrier told Geo News that flight operations are feared to be suspended by September…

  • Want to get financial freedom? Take practical advice from this man who retired at 30

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    [ad_1] Representational image from Unsplash. For those who aspire to retire early and embrace financial independence, we have a solution.  The coveted secret lies in the FIRE movement. The concept of a “FIRE number” is a key stepping stone towards achieving the dream retirement.  I repeat that the elusive “FIRE number” is your magic ticket…

  • Ford and GM offer 20% pay raise in bid to avoid massive UAW strike

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    [ad_1] The United Auto Workers is set to announce strike actions late Thursday, barring a last-minute agreement with automakers. AFP/File With the United Auto Workers (UAW) strike deadline looming, General Motors (GM) and Ford have revised their contract offers, proposing a 20% wage increase for American autoworkers, a move aimed at averting a potential strike…