business

News Desk VIENNA: OPEC+ has decided to keep its oil production targets unchanged for November, responding to ongoing market volatility and uncertainty regarding global demand. The decision, made during a virtual meeting on Wednesday,…

News Desk ISLAMABAD: Recent reports indicate a slight easing of inflation in Pakistan, yet many citizens continue to feel the pinch of high prices. Despite a reported decrease in the inflation rate, essential goods remain costly, leaving…

News Desk ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has formally referred the Bagasra Securities case to the Federal Investigation Agency (FIA) for legal action, marking a significant development more than 16…

News Desk PARIS: The International Energy Agency (IEA) announced on Saturday that its member countries have released 325 million barrels of oil and oil-derivative products from strategic reserves, part of a broader commitment to release 400…

News Desk WASHINGTON: Meta Platforms Inc is under the spotlight as its AI data centers emerge as a focal point of a significant tax strategy aimed at optimizing its financial footprint. The tech giant's approach has raised eyebrows amid…

News Desk AUSTIN: Tesla's highly anticipated Cybercab faces significant challenges following its rocky debut in Austin, Texas, where it launched on October 1, 2023. The electric vehicle, designed to revolutionize urban transportation, has…

News Desk KARACHI: Gold prices have experienced a significant drop today, reflecting ongoing fluctuations in the global market. The price of gold per tola has decreased by PKR 2,000, now standing at PKR 230,000, as reported by local…

News Desk KARACHI: Gold prices have experienced a significant drop today, reflecting ongoing fluctuations in the global market. The price of gold per tola has decreased by PKR 2,000, now standing at PKR 230,000, as reported by local…

VIENNA: OPEC+ has postponed its review of oil production capacity due to escalating tensions with Iran, which have disrupted expansion plans. Sources familiar with the matter informed Reuters that the decision affects member countries' oil…

KARACHI: The Pakistan Stock Exchange (PSX) faced significant pressure on Thursday as the benchmark KSE-100 index dropped to levels not seen since before the onset of the Middle East conflict, indicating a decline in investor confidence.…