Category: Business

FinMin discusses budget preparations, macroeconomic outlook with IMF mission – SUCH TV

May 13, 2026 Admin No Comments

Finance Minister Muhammad Aurangzeb on Wednesday briefed the visiting International Monetary Fund (IMF) mission on the country’s macroeconomic outlook, fiscal strategy, reform priorities, and the government’s ongoing efforts to ensure sustainable economic stability and long-term growth. The meeting with the visiting IMF mission, led by Mission Chief Iva Petrova, focused on Pakistan’s macroeconomic stabilisation efforts,…

Business

US inflation jumps to 3.8% as energy costs surge from Iran war

May 12, 2026 Admin No Comments

The key measure of US inflation rises its highest level since May 2023 as consumers feel the impact of the Iran war. Source link

Business

Aramco CEO warns 1 billion barrels lost will slow oil market recovery | The Express Tribune

May 10, 2026 Admin No Comments

Saudi energy giant posts 25% jump in quarterly profit even as Hormuz blockade chokes global oil supplies Aramco’s President and CEO Amin Nasser at the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, on January 20, 2026. PHOTO: REUTERS The world has lost about 1 billion barrels of oil over the past two…

Business

Delta Air Lines Will Stop Serving Snacks and Drinks on Short Flights

May 5, 2026 Admin No Comments

Craving coffee or a Biscoff cookie at 35,000 feet? If you’re on a short Delta Air Lines flight, you might soon be out of luck. As of May 19, the airline is ending its free snack and beverage service in the economy cabin on flights of less than 350 miles. About 9 percent of Delta’s…

Business

Heineken to invest £44.5m in hundreds of pubs creating 850 jobs

May 3, 2026 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 Heineken has revealed plans to invest more than £44 million into improvements for hundreds of its UK pubs. The Dutch…

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Dollar slides against yen after Japan action, sharpest weekly fall since February – The Times of India

May 1, 2026 Admin No Comments

The US dollar was set for a second straight day of losses against the Japanese yen on Friday after Japan was reported to have intervened in currency markets to support its weakening currency, Reuters reported.The greenback was on course for its sharpest weekly fall versus the yen since early February, down about 1.7 per cent…

Business

Govt hikes petrol price by Rs6.51, diesel by Rs19.39 per litre – SUCH TV

April 30, 2026 Admin No Comments

The federal government on Thursday raised the price of petrol by Rs6.51 per litre and that of high-speed diesel (HSD) by Rs19.39 per litre, according to a notification issued by the Petroleum Division. The new prices will be effective from May 1, 2026, read the notification. Following the increase, the price of petrol has jumped…

Business

In five charts – How UAE’s exit could affect Opec’s influence over the oil price

April 29, 2026 Admin No Comments

The BBC takes a look in charts at what the UAE’s departure could mean for the oil cartel and more widely. Source link

Business

SBP raises monetary policy rate by 100bps to 11.5% | The Express Tribune

April 27, 2026 Admin No Comments

State Bank of Pakistan. Photo: File In a move that defied market expectations, the State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) announced a sharp 100 basis point increase in the policy rate, raising it to 11.5%, effective April 28, 2026. The decision, revealed after the MPC meeting held earlier today, caught analysts off…

Business

Petrol levy hiked by Rs26.77 per litre in major increase – SUCH TV

April 25, 2026 Admin No Comments

The Government of Pakistan has increased the petroleum levy on petrol by Rs26.77 per litre, taking the total levy to Rs107.38 per litre, according to sources. Previously, the levy stood at Rs80.61 per litre, indicating a substantial upward revision in the government’s indirect taxation on fuel. Sources claimed the move effectively offsets any relief expectations…

Business