Business
Latest stories in this section, ordered by the original publication time from each source.
Govt reduces tariffs at Gwadar Port in bid to boost global traffic
Federal Minister for Maritime Affairs Junaid Anwar Chaudhry on Monday announced a major reduction in tariffs at Gwadar Port aimed at boosting global transit traffic, according to an official statement. According to the statement, the minister said that berthing fees for container ships have been red...
US Senate expected to confirm Kevin Warsh as next Federal Reserve chair
Warsh would succeed outgoing Fed chair Jerome Powell as Trump continues his push to influence the US central bankSign up for the Breaking News US newsletter email The US Senate is expected to confirm Kevin Warsh this week as chair of the Federal Reserve, as Donald Trump continues his campaign to inf...
'I'm a literary agent - here's what makes me sign a writer instantly and what most authors actually earn'
If you've ever spent your morning commute daydreaming about starting afresh with your career, this feature is for you. Each week, we speak to someone from a different profession to discover what it's really like. Today we speak to literary agent Maddalena Cavaciuti, from David Higham Associates (DHA...
Heathrow passenger numbers dip as demand for international travel ebbs amid Iran war fallout
Airport reports 5% decline but transit passenger business rises as fliers use hub to avoid Middle East airportsBusiness live – news updatesThe number of passengers flying from London Heathrow fell last month, as war in the Middle East weighed on demand for international travel.About 6.7 million peop...
Get back: Beatles’ Apple Corps to turn former London base into seven-storey visitor attraction
Paul McCartney hails plans for 3 Savile Row, which include access to rooftop where the band played their final gig The address may not sound familiar, and the street name is best known as the heart of British tailoring. But 3 Savile Row is one of the most iconic buildings in British pop and rock: th...
I was fined £500 for putting a cigarette butt in a refuse sack
Haringey council’s penalty seems extortionate – especially when other authorities charge lower amountsI read your story about a man fined £500 for dropping a cigarette butt on the pavement.I have been issued with a £500 fixed-penalty notice (FPN) by Haringey council for putting a butt in a refuse sa...
UK savings: six traps to avoid when you’re finding a new deal
If you are looking for a new account, there are some good rates around, but also pitfalls to watch out forEarning as much as 7% on your savings sounds great – but what’s the catch? The top-paying accounts often come with strings attached, which could mean your money is not working as hard as you tho...
Haggling prices and chasing debts - tradespeople hit with cost of living headache
More than half of tradespeople have seen an increase of late payments compared to a year ago, a survey finds.
Council confirms £300 heating oil support
"Residents should not be left behind simply because they are off the gas grid," council leader says.
Delayed Great British Railways’ first station to open at Cambridge South in June
Station will be first to be given full GBR branding and will directly link city’s Biomedical Campus to London, Brighton and Stansted airportThe delayed Cambridge South station will finally open in late June – and become the first station to be given full Great British Railways branding, the governme...
Fraud risk as World Cup frenzy begins, fans warned
Football fans are being urged to be alert to fraud ahead of the World Cup, with victims of ticket scams losing £215 on average.
Oil rises $4 after Trump rejects Iran's response to US peace proposal
Oil prices rallied on Monday, after US President Donald Trump said Iran’s response to a US proposal was “unacceptable,” raising supply fears as the Strait of Hormuz stayed largely closed, which kept the global market tight. Brent crude futures climbed $4.16 or 4.11 per cent to $105.45 a barrel at 03...
KSE-100 Index falls 609 points amid selling pressure, geopolitical uncertainty
Index settles at 170,506 as cement, banks and oil stocks lead selloff
Selling pressure grips PSX as stocks swing amid regional uncertainty
KSE-100 index plunges over 1,400 points at open before trimming losses amid volatile trading
Shares mixed, dollar gains as Iran talks teeter
Brent crude jumped as much as 4.6% overnight and was last at $103 a barrel
Europe should behave more like China does if it wants to survive this age of chaos
Instead of obsessing over rules that have ceased to matter, we must consider giving Beijing a dose of its own medicine The US and Israel may have started the war in Iran, but – apart from the belligerents themselves – it is China and Europe that stand to lose the most from it. Yet while European lea...
AJK premier opens work on new grid station near Line of Control
MUZAFFARABAD: Azad Jammu and Kashmir (AJK) Prime Minister Raja Faisal Mumtaz Rathore on Sunday laid the foundation stone of a 132/11 KV grid station in Samahni at a cost of Rs1 billion, in response to a longstanding demand of the local population. During the visit to the area, he also inaugurated a ...
Housing the nation
Amid surging demand for a long-term housing policy for low-income groups, the government is developing a revised framework to scale up outreach for the Prime Minister’s Apna Ghar Programme. On May 5, the Economic Coordination Committee of the Cabinet approved a summary submitted by the Ministry of H...
Upcoming budget may include income tax relief amid salary, pension freeze
https://www.dawn.com/news/1999291
Foreign economic assistance inflows rise nearly 20pc
ISLAMABAD: Foreign economic assistance (FEA) inflows to Pakistan surged by almost 20 per cent to $6.594bn in the first three quarters (July-March) of the current fiscal year, mainly on the back of programme support from the International Monetary Fund (IMF). Total inflows (excluding IMF disbursement...
Mango harvest in a bind
Once again, this year’s mango season will be challenging for producers for a variety of reasons, including current marketing prospects, unending orchard diseases, the closure of the Afghanistan border and highly unstable conditions in the Middle East and Iran amidst the US-Israel and Iran war. This ...
Trouble brewing? Climate change puts tea drinkers in hot water
There's trouble brewing for tea lovers, as the flavour of the beloved hot drink is under threat from climate change.
Dua Lipa sues Samsung for $15m over use of her image on TV boxes
British singer claims electronics company ‘repeatedly refused’ to stop using a photo of her on its packagingDua Lipa is suing Samsung for at least $15m (£11m, A$20.6m), alleging that the electronics company used a photo of her to sell its TVs without financially compensating her or seeking her permi...
Bessent, He set to finalise Trump-Xi summit plan
BEIJING: Senior Chinese and US officials will hold talks in South Korea in the coming days, Beijing’s commerce ministry and Washington’s treasury secretary said Sunday, ahead of an expected summit between leaders Xi Jinping and Donald Trump. The Chinese commerce ministry said in a statement that Vi...