Tag: Business News
European stocks dip as Italian banks, downbeat data weigh
Tuesday saw a decline in European markets as Italian banks came under pressure following the cabinet's approval of a 40% windfall tax on lenders,...
DISCOs seek additional hike of Rs6 per unit in power tariff
Pakistan's ten power distribution companies (DISCOs) have requested a further increase of Rs3.50 to Rs6 per unit in consumer bills under the final quarterly...
European stocks end higher but mark first weekly loss in four
Following a three-day decline, European equities stabilised on Friday as optimism over some positive profits and U.S. jobs data demonstrating resilience in the world's...
Australian shares flat as miners counter losses in tech
Australian shares struggled to find traction as gains in financials and miners offset losses in IT and gold sectors. Investors were also uneasy about...
Pakistan’s foreign reserves drop to $13.46 billion
As of June 27, 2023, Pakistan's total liquid foreign reserves decreased by $74 million to $13.46 billion, according to information made public by the...
Pakistan and Iran sign agreements for bilateral trade, investment
Foreign Minister Bilawal Bhutto-Zardari and his Iranian counterpart Hossein Amir Abdollahian, several agreements between Pakistan and Iran were signed on Thursday. Pakistan and Iran sign...