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Will petrol prices rise in Pakistan?
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[ad_1] An employee waits for customers at a fuel station in Karachi on August 16, 2023. — AFP KARACHI: Oil marketing company sources informed Geo News on Wednesday that prices of petroleum products may rise by Rs5.50 per litre. The federal government will announce the new prices on November 15, two days from now, and the…
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Visa eyes 10-fold rise in Pakistani acceptance | The Express Tribune
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[ad_1] KARACHI: Visa plans to increase the number of businesses accepting digital payments in Pakistan tenfold over the next three years, the payments giant’s general manager for Pakistan, North Africa and Levant told Reuters. The comments from Leila Serhan came as Visa announced a strategic partnership with 1Link, Pakistan’s largest payment service provider, aimed at…
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Gold prices rise globally and locally amid market shifts | The Express Tribune
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[ad_1] Gold prices have experienced a notable increase both globally and locally, reflecting significant movements in the precious metals market. On the international bullion market, the price of gold per ounce has risen by $10, reaching a new level of $2,500. This upward trend signifies a strengthening demand for gold as a safe-haven asset. In…
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China launches dairy probe as trade tensions rise over EV tariffs | The Express Tribune
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[ad_1] BEIJING: China initiated an anti-subsidy investigation into dairy imports from the European Union (EU) on Wednesday, intensifying trade tensions between the two parties. This move came just one day after the EU revised its proposed punitive tariffs on Chinese-made electric vehicles (EVs). On Tuesday, the EU adjusted its planned duty on Chinese EV imports…
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Oil prices dip as US crude stocks rise | The Express Tribune
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[ad_1] HOUSTON: Oil prices edged lower on Wednesday after US crude inventories rose unexpectedly and as worries that a wider Middle East conflict could threaten production in one of the world’s major regions for crude production eased slightly. Brent crude futures slipped 41 cents, or 0.5%, to $80.28 a barrel by 1436 GMT. US West…
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Rupee bounces back on rise in reserves | The Express Tribune
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[ad_1] KARACHI: Pakistani currency regained Rs0.19 on Friday and closed at Rs278.21 against the US dollar in the inter-bank market following a surge in the central bank’s foreign exchange reserves to a two-year high above $9 billion. According to the State Bank of Pakistan’s (SBP) data, the rupee had closed at a two-week low of…
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Rise in used car imports raises alarm | The Express Tribune
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[ad_1] LAHORE: The import of used cars has seen a staggering surge of 684% in the first six months of the current fiscal year compared to the same period last year. Sources indicate that over 16,500 units of used cars were imported from July to December 2023, marking an exponential increase compared to the approximately…
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Australia’s cypto experts decode secret to Bitcoin unexpected rise
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[ad_1] Several cryptocurrencies can be seen in this photo. — AFP File The value of the digital currency Bitcoin has hit an all-time high in its 15-year history. The cryptocurrency enthusiasts of Australia said that the current spike in Bitcoin value is like stepping into a “brand new world” for cryptocurrencies, according to experts. The…
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Kaspersky reveals 30% rise in ransomware attacks | The Express Tribune
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[ad_1] ISLAMABAD: The proliferation of targeted ransomware groups has surged, with these entities now notorious for attacking governments, specific high-profile organisations, or select groups within larger entities, said a press statement. Research conducted by Kaspersky experts reveals a 30% increase in the number of targeted ransomware groups globally from 2022 to 2023. According to the…
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Intuitive Machines stocks rise by 300% as Odysseus spacecraft reaches near Moon
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[ad_1] This screengrab shows Intuitive Machines’ Odysseus lunar lander separates from the rocket’s upper stage and heads toward the moon. — SpaceX/Nasa/File With its IM-1 mission headed for the lunar surface, shares of Intuitive Machines have risen more than 300% since early January, just over a month after they reached all-time lows. Wall Street analysts…
