Category: Business

North Sea oil and gas firm Petrofac files for administration

October 27, 2025 Admin No Comments

Energy services firm Petrofac has filed for administration. The company, which employs about 2,000 people in Scotland, said its North Sea business would continue to operate as normal. In a statement, Petrofac said it had applied to appoint administrators for its holding company, but that alternative restructuring options were being explored. It added that administrators…

Business

Govt invites Canadian investment in energy, IT | The Express Tribune

October 24, 2025 Admin No Comments

FinMin underlines need for enhancing formal remittance channels for Pakistani diaspora ISLAMABAD: Finance Minister Muhammad Aurangzeb has emphasised the importance of expanding trade with Canada, which currently stands below potential, and invited greater Canadian investment in Pakistan’s renewable energy, mining and technology sectors. He also underscored the need to enhance formal remittance channels for the…

Business

NEPRA to Consider CPPA’s Request for Power Tariff Reduction on October 29 – SUCH TV

October 22, 2025 Admin No Comments

Consumers across Pakistan, including Karachi, may soon see relief on their electricity bills. On Wednesday, the Central Power Purchasing Agency (CPPA) submitted an application to the National Electric Power Regulatory Authority (NEPRA) requesting a 37 paisa per unit reduction in electricity prices under the fuel adjustment for September. NEPRA is scheduled to review and hear…

Business

Make Your Flights Cheaper: 6 Credit Cards Every Traveller Should Know

October 20, 2025 Admin No Comments

Last Updated:October 20, 2025, 17:49 IST Experts advise travellers to evaluate annual fees, reward structures, and airline partnerships before choosing a card, ensuring they maximise benefits while keeping costs in check Experts suggest choosing cards based on airlines and spending patterns. (Representative Image) For those who travel frequently by air, certain credit cards can now…

Business

Zoho’s Sridhar Vembu Warns Of Massive Bubble In US Stock Market

October 18, 2025 Admin No Comments

New Delhi: Zoho’s Chief Scientist and Co-founder Sridhar Vembu on Saturday agreed with former IMF Chief Economist Gita Gopinath, regarding the huge economic bubble in the US stock market. Vembu said that a systemic event like the global financial crisis of 2008-9 cannot be ruled out. Zoho’s founder responded on social media platform X to…

Business

Electricity prices set to jump 20% within five years, energy firm warns

October 16, 2025 Admin No Comments

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 Electricity prices are on track to jump by a fifth over the next four or five years, according to the…

Business

Dirty toilets at national highways? NHAI will add Rs 1000 to your FASTag to report it; find out details – The Times of India

October 14, 2025 Admin No Comments

Who knew spotting a dirty toilet at a national higjway could help you earn Rs 1,000.While it may sound odd, the news is very much real! With NHAI’s new scheme you can now hit the highway, click a dirty toll toilet, and the money goes straight to your FASTag account.The National Highways Authority of India…

Business

How hackers forced brewing giant Asahi back to pen and paper

October 11, 2025 Admin No Comments

Suranjana TewariAsia business correspondent, Tokyo and Peter HoskinsBusiness reporter Reuters Asahi Super Dry is Japan’s most popular beer Only four bottles of Asahi Super Dry beer are left on the shelves of Ben Thai, a cosy restaurant in the Tokyo suburb of Sengawacho. Its owner, Sakaolath Sugizaki, expects to get a few more soon, but…

Business

Punjab collects Rs66.4b revenue in Q1 | The Express Tribune

October 9, 2025 Admin No Comments

LAHORE: The Punjab Revenue Authority (PRA) has recorded an impressive performance by collecting Rs66.41 billion in taxes during the first quarter of the current fiscal year 2025-26, reflecting a 28% increase compared to the collection of Rs51.98 billion in the same period of last year. Additionally, Rs1.7 billion was collected under the Punjab Infrastructure Development…

Business

PSX loses momentum as investors book profits after record-breaking rally – SUCH TV

October 6, 2025 Admin No Comments

The equity market opened lower on Monday as investors booked profits following the index’s record-breaking rally, amid lingering concerns over fiscal slippages and widening external imbalances. During intraday trading, the benchmark KSE-100 Index reached a high of 169,326.35 points, gaining 336.28 points (0.2%), before dropping to a low of 165,997.36 points, reflecting a decline of…

Business