Economy
Economic news, financial updates, and market analysis
UK defence contractors pledge 40,000 annual jobs and apprenticeships
LONDON: Britain’s major defence contractors have pledged to provide 40,000 apprenticeships, work experience placements and jobs for young people each ...
31 minutes ago
Serial Entrepreneur Adeel Gondal Honored with Global Excellence Award in Türkiye
Türkiye: Renowned Pakistani serial entrepreneur and business leader Adeel Gondal has been honored with the prestigious Global Excellence Award in Türk...
6 hours ago
MPs in call to halt Drax’s £2m-a-day subsidy over sustainability doubts
Ed Miliband is under pressure from MPs to suspend subsidies worth £2m a day paid to the owner of the Drax power plant in North Yorkshire after court d...
4 hours ago
Ebay buys Depop for $1.2bn in effort to lure younger shoppers
The online retailer eBay has agreed to buy the British secondhand fashion resale app Depop from Etsy for about $1.2bn (£890m) in cash, as eBay targets...
5 hours ago
Global Counsel calls in administrators, blaming Peter Mandelson ‘maelstrom’
Global Counsel, the advisory firm co-founded by Peter Mandelson, is to collapse into administration, blaming the “maelstrom” caused by revelations abo...
2 hours ago
UK manufacturing still beset by low orders and price pressure, says CBI
British manufacturing orders remain well below average and price pressure continues to persist, according to a closely watched survey. The CBI industr...
7 hours ago
Made in Europe’ EU industrial strategy could hit supply chains, UK minister warns
A British minister has warned that the EU’s “Made in Europe” industrial strategy could hit supply chains, increase costs and create unnecessary trade ...
6 hours ago
KSE-100 rebounds after early sell-off to close over 800 points up
Pakistan’s benchmark index, KSE-100, rebounded late afternoon on Monday after a dip in early intraday trading to close in the green, up 0.48 per cent ...
2 hours ago
The US dollar in a turbulent world
Predictions of the US dollar’s imminent demise have become a recurring feature of global commentary. Yet the reality is more prosaic and interesting. ...
5 hours ago
Tokens and the future of finance
Larry Fink, the chairman and chief executive of BlackRock, the world’s largest asset manager with nearly $14 trillion in assets under management, has ...
6 hours ago
Gold jumps to $4,923 per ounce as local prices hit all-time high
Price of 10 grams of gold increases by Rs7,802. Market analysts attribute the surge to global economic uncertainties and increased demand for safe-hav...
58 minutes ago