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Alibaba Group subsidiary, Daraz Group, an e-commerce platform, is reducing its workforce by 11 per cent to prepare for the ‘current market...
Lawmakers of India’s main opposition party kicked off planned protests at some state-run companies on Monday over the crisis at Adani group, whose...
Oil prices inched up in early trade on Monday after falling around eight per cent last week to more than three-week lows as jitters over major...
A United States jury on Friday found Tesla Inc CEO Elon Musk and his company were not liable for misleading investors when Musk tweeted in 2018 that...
India’s Adani group shares plunged on Thursday after the Gautam Adani-led conglomerate shelved a $2.5 billion share sale amid a turbulent market,...
Most Adani Group stocks dropped on Wednesday, extending losses to $72 billion after a short-seller report criticised the conglomerate and despite the...
The White House is launching a partnership with India that President Joe Biden hopes will help the countries compete against China on military...
The International Monetary Fund (IMF) has approved loans of $4.7 billion to Bangladesh for disbursal starting immediately, making it the first to...
Pakistan could face a crunch in fuel supplies in February as banks have stopped financing and facilitating payments for imports due to depleting...
Oil prices extended losses on Tuesday as the threat of further interest rate increases and continued Russian crude flows cancelled out demand recovery...
Oil prices fell on Monday, giving up earlier gains, as global producers this week will likely keep output unchanged during a meeting this week and...
India’s Adani Group issued a detailed riposte on Sunday to a Hindenburg Research report that sparked a $48 billion rout in its stocks, saying it...
India’s Gautam Adani, the school drop-out turned billionaire who rose to become Asia’s richest man, faces possibly the biggest challenge of his...
WASHINGTON: The United States has secured a deal with the Netherlands and Japan to restrict exports of some advanced chip-making machinery to China in...
BEIJING: China’s cabinet said on Saturday it would promote a consumption recovery as the major driver of the economy and boost imports, state...
Twitter users will be able to appeal account suspensions and be evaluated under the social media platform’s new criteria for reinstatement, starting...
Oil prices edged ahead for a second session on Friday, buoyed by stronger-than-expected US economic growth and hopes of a rapid recovery in Chinese...
Meta Platforms Inc’s social media apps appeared to be back up after facing a brief disruption in the United States on Wednesday, data on outage...
Eni said on Wednesday that the delivery of a liquefied natural gas (LNG) cargo to Pakistan LNG Limited that was scheduled for February has been...
Microsoft Corp said on Wednesday it was investigating an issue impacting multiple services including Teams and Outlook, with outage reports saying the...
A glitch at the New York Stock Exchange prevented the opening auctions for a slew of stocks on Tuesday, prompting widespread trading halts, confusion...
Crude oil prices rebounded on Wednesday as demand recovery hopes in top importer China following its exit from Covid-19 pandemic curbs provided...
Apple Inc wants India to account for up to 25 per cent of its production from about 5-7pc now, the country’s trade minister told a conference on...
Oil prices drifted lower in early trade on Monday, thinned by the Lunar New Year holiday in east Asia, but held on to most of last week’s gains on...
Bitcoin rose 2.3 per cent to $23,199 at 10:07 GMT on Saturday, adding $521 to its previous close. Bitcoin, the world’s biggest and best-known...
Twitter Inc said on Wednesday it would price Twitter Blue subscription for Android at $11 per month — the same as for iOS subscribers — while...
Oil futures fell by nearly $1 on Thursday, extending losses from the previous day, as a surprise jump in US crude stocks weighed on the market along...
ISLAMABAD: The World Bank has delayed the approval of two loans for Pakistan worth $1.1 billion until the next fiscal year pending some steps on the...
The State Bank of Pakistan (SBP) on Wednesday said the current account deficit (CAD) fell to $0.4 billion in December 2022 from $1.9bn a year earlier,...
Oil prices rose on Wednesday to their highest since early December on optimism that the lifting of China’s strict Covid-19 curbs will lead to a fuel...
Oil prices rose on Wednesday, extending the previous session’s gains, driven by optimism that the lifting of China’s strict Covid-19 curbs will...
Oil prices were mixed on Tuesday after China posted its weakest economic growth in nearly half a century, while its late-2022 U-turn in Covid policy...
Barely two in five people believe their families will be better off in the future, according to a regular global survey that also identified growing...
Oil prices dipped in early Asian trade on Monday, but held close to the highest levels since the start of the year on optimism that China’s...
US Treasury Secretary Janet Yellen said last week that the United States will likely hit the $31.4 trillion statutory debt limit on Jan 19, forcing...
ABU DHABI: The world will need natural gas for a long time and more investment is required to ensure supply security and affordable prices during the...
Bitcoin rose on Saturday above $20,000 for the first time in over two months. Bitcoin, the world’s biggest and best-known cryptocurrency, rose 4.6...
Oil prices slipped in early trade on Friday but were on track for gains of more than six per cent for the week on solid signs of demand growth in top...
Pakistan’s foreign exchange reserves dropped $1.2 billion to $4.3bn as of January 6, the central bank said on Thursday, leaving the country with...
Oil prices rose in early trade on Thursday, building on gains in the previous session as China’s demand outlook improves and concerns rise over the...
Oil prices fell on Wednesday, erasing the previous session’s gains, after industry data showed an unexpected build in crude and fuel inventories in...
JERUSALEM: A consortium led by India’s Adani Group has completed the purchase of Israel’s Haifa port for four billion shekels ($1.15bn), the...
Oil edged lower on Tuesday on expectations that further interest rate hikes in the United States, the world’s biggest oil user, will slow economic...
Microsoft Corp is in talks to invest $10 billion into OpenAI, the owner of ChatGPT, which will value the San Francisco-based firm at $29bn, Semafor...
Oil prices were little changed on Tuesday, giving up some of the gains from the previous session, as traders awaited clarity on the United States...
Finance Minister Ishaq Dar reiterated his commitment to completing a programme with the International Monetary Fund (IMF) in a meeting on the...
A surge in the cost of most food commodities last year, as the disruption caused by Russia’s invasion of Ukraine raised concerns of shortages, sent...
Oil prices edged up on Monday, a day after travellers streamed into China following a reopening of borders that lifted the fuel demand outlook and...