Business News
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Russia’s McDonald’s renamed ahead of grand re-opening
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[ad_1] An employee stands in front of the new logo of the Russian version of a former McDonald’s restaurant before the opening ceremony, in Moscow today. – AFP MOSCOW: Former McDonald’s restaurants in Russia have been renamed “Vkusno i tochka”…
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Rs79b released for water projects in FY22 | The Express Tribune
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[ad_1] ISLAMABAD: The government has released a record amount of Rs78.81 billion for water projects during the ongoing fiscal year 2021-22. “Out of the total budget allocation of Rs90.31 billion, Rs78.81 billion has been released. It is expected that the…
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Real estate taxes to hinder growth of construction sector | The Express Tribune
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[ad_1] ISLAMABAD: The new taxes imposed by the government through the budget for 2022-23 on the real estate sector will badly affect the growth of construction industry and largely increase unemployment, said Islamabad Chamber of Commerce and Industry (ICCI) President…
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US gas price hits a record $5 a gallon: auto group
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[ad_1] — AFP NEW YORK: The average price of premium gasoline at the pump has surpassed $5 a gallon for the first time in the United States, the American Automobile Association (AAA) reported Saturday. That record level, coming on top…
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Govt to spend Rs118 billion on connectivity projects | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan government on Friday unveiled a Rs727 billion development programme, with Rs118 billion set aside for new and ongoing connectivity projects under the China-Pakistan Economic Corridor (CPEC), Central Asia Regional Economic Cooperation (Carec) programme and Khyber Pass Economic…
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Stock market gains 1.7% on budget optimism | The Express Tribune
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[ad_1] KARACHI: Bulls dominated the Pakistan Stock Exchange during the outgoing week as investors remained optimistic and started the trading week on a positive note amid the federal budget announcement. The investors took fresh positions and opted to cherry-pick stocks…
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Govt requests $2b loan rollover | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan has made another request to China for the rollover of $2 billion worth of debt maturing soon but it forgot to book Chinese and International Monetary Fund (IMF) loans in the budget, underreporting foreign borrowing by $7…
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Hyundai Motor plants in extra weekend run | The Express Tribune
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[ad_1] A huge Hyundai Motor Co factory complex added weekend production on Saturday, despite a nationwide strike by truckers that has hit ports and other South Korean industrial giants, including steelmaker Posco. On day five of the strike, some 100…
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Tanzania signs LNG framework agreement | The Express Tribune
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[ad_1] DAR ES SALAAM: Tanzania signed a framework agreement on Saturday with Norway’s Equinor and Britain’s Shell that will bring closer the start of construction of a $30 billion liquefied natural gas (LNG) export terminal, live video from the event…
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US gasoline price tops $5 per gallon | The Express Tribune
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[ad_1] NEW YORK: The price of US gasoline averaged more than $5 a gallon for the first time on Saturday, data from the American Automobile Association (AAA) showed, extending a surge in fuel costs that is driving rising inflation. The…
