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Slight cut in power tariff likely | The Express Tribune
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[ad_1] ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is likely cut the power tariff by Rs0.3142 per unit on account of fuel charges adjustment for July 2024. The Central Power Purchasing Agency (CPPA) has moved a petition to Nepra…
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Berkshire Hathaway’s Apple stake cut sparks major tech sell-off | The Express Tribune
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[ad_1] Apple (AAPL.O) and Nvidia (NVDA.O) spearheaded a significant sell-off in technology stocks on Monday as US recession concerns and Berkshire Hathaway’s (BRKa.N) decision to cut its stake in Apple ended a months-long rally in the sector. High-performing shares of…
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Intel says it will slash 15% workforce to cut costs
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[ad_1] A sign is posted in front of Intel headquarters on August 01, 2024 in Santa Clara, California. Chipmaker Intel is set to lay off thousands of workers as the company tries to recover from an eroding market share. —…
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Privatisation, rate cut expectations propel KSE-100 beyond 80,000 Points
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[ad_1] A trader is busy on call as resumes business at the Pakistan Stock Exchange (PSX) building in Karachi. — PPI/Files KARACHI: Stocks on Wednesday soared past the 80,000 mark, buoyed by the heightened investor interest in state-owned enterprises (SOEs) and hopes…
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Major relief for masses as PM announces petrol, diesel prices cut ahead of Eid ul Adha
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[ad_1] A person fills his car’s tank at a fuel station in this undated file image. — AFP The Prime Minister’s Office on Friday night announced a major relief for the masses, notifying Rs10.2 per litre cut in petrol price…
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Govt unveils plan to cut rising production costs | The Express Tribune
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[ad_1] LAHORE: Federal Minister for Commerce Jam Kamal Khan stated that the government has devised a comprehensive strategy to address the rising production costs and promote the manufacturing sector in Pakistan. Speaking to the business community at the Lahore Chamber…
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Govt implements sweeping fiscal reforms to cut debt | The Express Tribune
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[ad_1] ISLAMABAD: The federal government, on Monday, notified new fiscal rules to reduce its debt servicing cost by gradually tapping into trillions of rupees of public money that ministries and departments have parked in commercial banks. The Ministry of Finance…
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PM orders ‘drastic measures’ to cut power tariff
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[ad_1] Prime Minister Shehbaz Sharif chairs a meeting regarding power sector in Islamabad on April 15, 2024. — PID ISLAMABAD: In a sigh of relief for the common man, Prime Minister Shehbaz Sharif on Monday directed for drastic measures to…
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Alibaba Cloud announces steep price cut | The Express Tribune
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[ad_1] HONG KONG: China’s Alibaba Cloud on Thursday said it will slash prices of some of its products by as much as 55%, its most severe price cut to date, amid intensifying competition to attract heavy users, particularly artificial intelligence…
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Paramount Global to cut 800 jobs despite Super Bowl success
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[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…
