Apple is ramping up its iPhone 17 production boost after stronger-than-expected demand for the entry-level version of its latest smartphone. According to reports, the company has instructed at least two suppliers to increase
Category: Business
EU Moves to Use Frozen Russian Assets for Ukraine Reparation Loans
The European Union is moving forward with a controversial plan to use frozen Russian assets worth around €170 billion to back reparation loans for Ukraine. This financial strategy, revealed by the Financial Times
Pakistan Electricity Generation Soars 8% in August 2025
In a positive sign for the economy, Pakistan electricity generation rose 8% year-on-year in August 2025, reaching 14,218 gigawatt hours (GWh) compared to 13,180 GWh in August 2024. This increase reflects firming demand
Amazon to invest $1 billion in pay hikes and cheaper healthcare for U.S. workers.
Amazon.com announced on Wednesday that it will invest more than $1 billion to boost pay and reduce healthcare costs for its U.S. fulfillment and transportation […]
Pakistan’s industrial sector posts strong growth in July 2025.
Pakistan’s economy received a boost in July 2025 as large-scale manufacturing (LSM) industries registered solid growth, driven by improved domestic demand and a low base […]
FBR chief rejects claims of Rs100 billion loss in faceless customs system.
Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has dismissed reports of a Rs100 billion loss under the Faceless Customs System, calling them “baseless […]
Kuwait unveils new city projects, service fee reforms, and visa-on-arrival policy for GCC residents.
Kuwait’s government on Sunday invited local and international firms to take the first step in bidding for contracts to develop three new cities, part of […]
FBR Audit Capacity: Recruitment of 1,600 Auditors to Strengthen Tax System
The Federal Board of Revenue (FBR) has announced a major step toward strengthening its tax enforcement mechanism by enhancing FBR audit capacity. To achieve this, around 1,600 new auditors will be recruited
Ferrari unveils 849 testarossa hybrid supercar, tribute to 1980s icon.
Ferrari on Tuesday unveiled the 849 Testarossa, a plug-in hybrid supercar that pays homage to the legendary 1980s Testarossa. The launch, held in Milan, marks […]