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Category: Business

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McDonald reports first decline in sales in 13 quarters amid economic pressures.
  • Business

McDonald reports first decline in sales in 13 quarters amid economic pressures.

  • Ibtehaj Tahir
  • July 30, 2024
  • 0

McDonald’s reported a surprising drop in global sales on Monday, marking its first decline in 13 quarters. The decrease is attributed to consumers seeking more […]

  • Business

Fitch Upgrades Pakistan’s Credit Rating Amid IMF Bailout

  • Usama Mudassar
  • July 29, 2024
  • 0

Fitch Ratings has upgraded Pakistan’s credit rating, citing reduced external funding risks following a new bailout from the International Monetary Fund (IMF). The rating agency […]

Fitch Ratings Upgrades Pakistan’s Credit Rating Amid Economic Improvements
  • Business

Fitch Ratings Upgrades Pakistan’s Credit Rating Amid Economic Improvements

  • Usama Mudassar
  • July 29, 2024
  • 0

As Pakistan continues on its path to economic recovery, maintaining the momentum of reforms, ensuring political stability, and effectively managing external debts will be crucial.

Asian shares rebound as central bank meetings and earnings reports loom.
  • Business

Asian shares rebound as central bank meetings and earnings reports loom.

  • Ibtehaj Tahir
  • July 29, 2024
  • 0

Asian shares rebounded on Monday ahead of a busy week filled with earnings reports and pivotal central bank meetings. The United States and the United […]

Philips surpasses expectations in Q2 results, shares surge over 7%.
  • Business

Philips surpasses expectations in Q2 results, shares surge over 7%.

  • Ibtehaj Tahir
  • July 29, 2024
  • 0

Philips reported second-quarter results on Monday that exceeded analysts’ expectations, driven by cost savings from job cuts and insurance income related to Respironics product liability […]

Asian markets rise amid anticipated earnings and central bank meetings.
  • Business

Asian markets rise amid anticipated earnings and central bank meetings.

  • Ibtehaj Tahir
  • July 29, 2024
  • 0

Asian shares saw an uptick on Monday, setting the stage for a week filled with earnings reports and key central bank meetings that may hint […]

ADB Allocates $400 Million for Sindh Flood Relief and Rehabilitation
  • Business

ADB Allocates $400 Million for Sindh Flood Relief and Rehabilitation

  • Usama Mudassar
  • July 27, 2024
  • 0

The commitment to rebuild and restore the lives of the flood victims in Sindh reflects a collective effort to support those in need and to build a more resilient and sustainable future.

Pakistan’s Economic Outlook: Rollovers and Financing Amidst Fiscal Challenges
  • Business

Pakistan’s Economic Outlook: Rollovers and Financing Amidst Fiscal Challenges

  • Usama Mudassar
  • July 26, 2024
  • 0

The Standing Committee on Economic Affairs requested detailed reports on projects experiencing delayed external financing for the next meeting. This request underscores

Senator criticizes union pacific for interference in federal safety audit.
  • Business

Senator criticizes union pacific for interference in federal safety audit.

  • Ibtehaj Tahir
  • July 26, 2024
  • 0

US railroad Union Pacific (UNP.N) interfered in a federal safety audit by coaching employees on how to respond, prompting the rail agency to end the […]

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