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Category: Business

UK economy disappoints despite return to growth

Posted on January 16, 2025 By Admin No Comments on UK economy disappoints despite return to growth
UK economy disappoints despite return to growth

Getty Images The UK economy returned to growth in November, but the expansion was less than expected. The 0.1% uptick was driven by trade for pubs, restaurants and the construction industry, and marked the first time the economy had grown for three months after it shrank in October and September. The figures come after recent…

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Business

SBP commits to enhancing financial inclusion | The Express Tribune

Posted on January 13, 2025 By Admin No Comments on SBP commits to enhancing financial inclusion | The Express Tribune
SBP commits to enhancing financial inclusion | The Express Tribune

KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad has reaffirmed the central bank’s dedication to increasing financial inclusion through robust collaboration with both global and domestic stakeholders. He made these remarks in a meeting on Monday with Alliance for Financial Inclusion (AFI) Chief Executive Officer Dr Alfred Hannig, who was on a visit to…

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Business

Remittances see ‘record increase’ in December with $3.1bn inflows – SUCH TV

Posted on January 10, 2025 By Admin No Comments on Remittances see ‘record increase’ in December with $3.1bn inflows – SUCH TV
Remittances see ‘record increase’ in December with $3.1bn inflows – SUCH TV

The State Bank of Pakistan on Friday said remittances from overseas Pakistanis recorded inflows of $3.1 billion in December which Prime Minister Shehbaz Sharif hailed as a “record increase”. A statement issued today said the growth in workers’ remittances was 29.3 per cent compared to the same month last year and a 5.6pc increase in…

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Business

‘We Absolutely Refute…’: EU Dismisses Zuckerberg’s Censorship Claims – News18

Posted on January 9, 2025 By Admin No Comments on ‘We Absolutely Refute…’: EU Dismisses Zuckerberg’s Censorship Claims – News18
‘We Absolutely Refute…’: EU Dismisses Zuckerberg’s Censorship Claims – News18

Last Updated:January 09, 2025, 00:09 IST Zuckerberg, while removing fact-checkers from Meta, said Europe has made it difficult to build anything innovative because of laws institutionalising censorship. The logo of Meta Platforms’ business group is seen in Brussels, Belgium. (IMAGE: REUTERS) The European Commission rejected on Wednesday Meta chief Mark Zuckerberg’s assertion that European Union…

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Business

Govt Pegs India’s GDP Growth At 6.4 Per Cent For 2024-25; Agriculture Bounces Back, Services Surge

Posted on January 7, 2025 By Admin No Comments on Govt Pegs India’s GDP Growth At 6.4 Per Cent For 2024-25; Agriculture Bounces Back, Services Surge
Govt Pegs India’s GDP Growth At 6.4 Per Cent For 2024-25; Agriculture Bounces Back, Services Surge

New Delhi: India’s Gross Domestic Product (GDP) is projected to grow at 6.4 per cent in the financial year 2024-25 down from 8.2 per cent growth recorded in 2023-24, according to the first advance estimates released by the Ministry of Statistics on Tuesday.  The projection is lower than the recent RBI’s estimate of 6.6 per…

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Business

What Do Movie Producers Do, Anyway?

Posted on January 5, 2025 By Admin No Comments on What Do Movie Producers Do, Anyway?
What Do Movie Producers Do, Anyway?

Do you have a question for our culture writers and editors? Ask us here. Q: Why do the Oscars honor producers when a movie wins best film? What did they do exactly? You’re confused for good reason: Producers themselves have a hard time describing their job. “I do the impossible for the ungrateful,” one cracked…

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Business

Ukraine ends Russian gas pipeline to Europe – but how much will it cost Moscow?

Posted on January 3, 2025 By Admin No Comments on Ukraine ends Russian gas pipeline to Europe – but how much will it cost Moscow?
Ukraine ends Russian gas pipeline to Europe – but how much will it cost Moscow?

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails Russian gas is no longer flowing to EU states through Ukraine following the expiration of a five-year deal, closing an…

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Business

Rupee falls 5 paise to 85.69 against US dollar in early trade – Times of India

Posted on January 1, 2025 By Admin No Comments on Rupee falls 5 paise to 85.69 against US dollar in early trade – Times of India
Rupee falls 5 paise to 85.69 against US dollar in early trade – Times of India

MUMBAI: The rupee dropped 5 paise to 85.69 against the US dollar in early trade on Wednesday, the first session of 2025, as the strength of the American currency in the overseas market and persistent foreign fund outflows weighed on the local unit. Forex traders said the dollar index (DXY) and US 10-year bond yields…

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Business

Barbados fishing industry still reeling from hurricane aftermath

Posted on December 30, 2024 By Admin No Comments on Barbados fishing industry still reeling from hurricane aftermath
Barbados fishing industry still reeling from hurricane aftermath

BBC Hurricane Beryl took its toll on the island’s fishing fleet There are few clearer signs of the destructive power that Hurricane Beryl unleashed on Barbados in July than the scene at the temporary boatyard in the capital, Bridgetown. Scores of mangled and cracked vessels sit on stacks, gaping holes in their hulls, their rudders…

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Business

PSX to issue stock split guidelines | The Express Tribune

Posted on December 27, 2024 By Admin No Comments on PSX to issue stock split guidelines | The Express Tribune
PSX to issue stock split guidelines | The Express Tribune

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has given approval to Pakistan Stock Exchange Limited (PSX) for issuing guidelines on stock split by listed companies. The guidelines are aimed at promoting stock splits as a viable financial strategy in Pakistan’s capital market, especially for companies with high share prices, according to a press…

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Business

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