Tag: Business News
European markets falling as anxiety over a rate hike hinders a rally
Tuesday saw European markets falling as traders were more cautious ahead of a speech by Federal Reserve Chair Jerome Powell following the overnight...
Microsoft is in negotiating to invest $10 billion with ChatGPT’s owner
According to sources familiar with the situation, Microsoft Corp. (MSFT.O) is in discussions to invest $10 billion in OpenAI, the company that owns ChatGPT,...
Saudi Arabia will raise Pakistan’s deposit to $10 billion
In support of Pakistan's efforts to bolster its foreign exchange reserves, Saudi Arabia's Crown Prince Mohammad Bin Salman gave the go-ahead for a $10...
European markets Optimism over rate hikes and China’s reopening boost
As China reopened its borders over the weekend and as US and European data calmed concerns about aggressive tightening by central banks, European markets...
According to FBR, Pakistanis accumulated 90% dollars
According to the Federal Board of Revenue (FBR), Pakistanis accumulated 90% dollars with 10% coming through cash smuggling. In order to stop money smuggling, customs...
Ishaq Dar at Geneva conference IMF Delegation Discussions
IMF Mission Discuss with Ishaq Dar:Ishaq Dar, the finance minister, will meet with a delegation from the International Monetary Fund (IMF) to "address unresolved...