Chevron Corporation’s announcement of its intention to acquire smaller rival Hess Corporation in a $53 billion all-stock transaction has elicited various reactions from analysts and […]
Category: Business
Potential 193% Increase in Gas Prices in Islamabad
It has been suggested that the gas tariff for the CNG sector should be 4400 rupees per MMBTU, while maintaining gas prices for power plants and furnaces. The increase in electricity prices may take effect from October 1st.
Honda Motorcycle Company Clarifies Misleading Reports on Price Reduction.
Honda Motorcycle Company has issued an official clarification in response to recent reports circulating about a substantial price decrease for their highly regarded CG125 and […]
IMF closely monitors global bond market after U.S. selloff, cautions against tightening financial conditions.
The International Monetary Fund (IMF) is diligently monitoring recent developments in the global bond market following a recent sell-off in the United States, according to […]
Pakistan and Gulf cooperation council (GCC) take a significant step toward free trade agreement.
In a landmark development, Pakistan and the Gulf Cooperation Council (GCC) have taken a significant step toward a free trade agreement, as confirmed by the […]
U.S. government sues eBay for allegedly violating environmental laws over harmful product sales.
The U.S. Department of Justice has filed a complaint against eBay in federal court in Brooklyn, New York, accusing the e-commerce platform of violating federal […]
Shell CEO faces internal pressure to maintain renewable energy investments.
Shell’s CEO, Wael Sawan, is facing internal pressure from employees who have issued an unusual open letter urging the company not to scale back investments […]
Alibaba initiates restructuring: plans to list Cainiao logistics arm in Hong Kong IPO.
Alibaba Group has initiated its restructuring by planning to list its logistics arm, Cainiao, in Hong Kong. This move would mark the first separation of […]
India to auction lithium reserves in occupied Kashmir as part of EV battery material strategy
India is set to auction the lithium reserves recently discovered in Occupied Kashmir in the coming weeks, according to a government source with inside knowledge […]