Business
Latest stories in this section, ordered by the original publication time from each source.
Pakistan dangerously dependent on imported oil
Gulf crisis is not just another external shock, it is a warning that our economic model is unsustainable
‘Degree of complacency’: are supply chains prepared for impact of ongoing Iran war?
The economic warnings are bleak, but full extent of shortages are still not felt for many European countriesThe biggest energy shock in modern history, jet fuel shortages “within weeks”, a global recession – since Iran throttled shipping flows through the strait of Hormuz at the end of February the ...
Trump tariff refunds are happening – and businesses should pay attention
Business owners may have to wade through paperwork, but the US government is now actually processing refundsWhen the supreme court struck down Donald Trump’s tariffs, many small importers assumed any refunds would be tied up in bureaucracy for years. Surprisingly, that’s not what’s happening.It’s es...
Sales Are Up. Celebrities Are In. Is Gap Officially Back?
Richard Dickson has drawn inspiration from the clothing retailer’s early days as he tries to regain its cultural cachet.
Which Trump Tariffs Are in Place, in the Works or Ruled Illegal
The president has reworked his tariffs repeatedly — sometimes because they have been declared illegal — with more updates still to come.
Advisers urge JP Morgan investors to vote to split chair and CEO positions
SS and Glass Lewis back shareholder resolution amid fears over power wielded by Jamie Dimon, who holds both rolesInvestors in JP Morgan have been urged to vote in favour of splitting the role of chief executive and chair at America’s largest bank, amid concerns over the power wielded by its billiona...
Why Some People Are Allergic to ‘Peanut Butter Raises’
The beloved spread has become a metaphor for things that are less than delicious.
How Brandeis Is Trying to Change College Shopping
A new tool on the university’s website tells you what the first year “will” cost if you get in.
From fringe issue to the heart of politics: the UK Living Wage campaign marks 25 years of success | Heather Stewart
The group’s latest triumph won over the Department for Business and Trade, now it is eyeing private care providers and supermarketsA paragon of the kind of people-powered progress that feels all the more necessary in divisive times, the Living Wage campaign is celebrating its 25th anniversary this y...
TikTok creator's crowdfunding campaign to buy Spirit Airlines racks up more than $335M in pledges
After Spirit Airlines shut down operations and canceled all flights, a viral TikTok campaign proposing crowdfunded ownership has gained over $335 million in online pledges.
Petroleum dealers, lawyers slam fuel hike
ISLAMABAD: The Pakistan Petroleum Dealers Association (PPDA) and the Supreme Court Bar Association (SCBA) on Saturday criticised the government over rising fuel prices and high petroleum levies, saying the measures had increased hardships for the public and affected fuel retailers. Under an official...
Cape Verde bets on tech to reverse postcolonial brain drain
African archipelago hopes startups, digital infrastructure and diaspora investment can transform its economyFor much of its history since its discovery by the Portuguese in the mid-15th century, the Cape Verde archipelago off the coast of west Africa served as a hub of the international slave trade,...
Donald Trump will arrive in Beijing this week knowing that Xi holds all the cards | Simon Tisdall
The US president will be counting on China to influence Iran and help him out of his latest mess. But the price may be high – including for TaiwanLike an out-of-control wrecking ball, swinging wildly back and forth, Donald Trump smashes up the international order without much thought for the consequ...
Aramco CEO warns 1 billion barrels lost will slow oil market recovery
Saudi energy giant posts 25% jump in quarterly profit even as Hormuz blockade chokes global oil supplies
Defence sovereignty: Europe races to build the low-cost weapons of future
With Trump wavering on Nato and war in Ukraine, Europe is scrambling to spend billions on weapons such as dronesIn a small workshop in England’s East Midlands, engineers at the British startup Skycutter are designing weapons for Ukraine. A row of 3D printers make the fuselage for interceptor drones,...
Review of incentives to boost export underway
ISLAMABAD: In a departure from established practice, the government has initiated a review of export promotion schemes and incentive options for the upcoming budget, holding a special meeting at the Economic Affairs Division and reaching out to international experts for policy input. As part of this...
Fan industry hit by pricey raw materials
GUJRAT: Soaring raw material prices have adversely affected sales in the electric fan manufacturing industry in the Gujrat and Gujranwala regions during the current season. The industry has come under immense pressure due to steadily increasing prices of key raw materials such as copper, silver and...
Electric bike demand surges amid costly oil
KARACHI: Amid the ongoing Middle East conflict since Feb 28, Pakistan’s auto sector is witnessing fresh developments, with a leading tractor assembler exploring electric bike production and new vehicle models planned by Chery Master Pakistan and Pak Suzuki Motor Company Ltd. In a stock filing, Milla...
Pro-life CEO says women are being ‘misled’ about pregnancy as abortion pill fight reaches Supreme Court
As the Supreme Court considers access to the abortion pill mifepristone, EveryLife's CEO says the abortion pill debate reflects broader lies women are told about pregnancy.
Frontier Jet Hits Person on Runway During Takeoff at Denver Airport
The plane reported an engine fire and aborted its takeoff. The people on board were safely evacuated.
All Those A.I. Note Takers? They’re Making Lawyers Very Nervous.
A trendy productivity hack, A.I. note takers are capturing every joke and offhand comment in many meetings. They could also potentially waive attorney-client privilege.
The Sunday read: Paul Daley on going the distance in an EV - podcast
Amid fuel insecurity due to the US-Israel war on Iran, Guardian Australia columnist Paul Daley takes his first holiday driving an electric vehicle. Staring down the uncertainty of a long drive and battery-charging breaks – he learns something beautiful along the wayYou can subscribe for free to Guar...
Frontier Airlines plane fatally strikes person during takeoff at Denver airport
Passengers evacuated safely after person jumped perimeter fence and walked on to runway, airport spokesperson saysA Frontier Airlines plane hit and killed a person on the runway of Denver’s international airport during takeoff, sparking an engine fire and forcing passengers to evacuate, authorities ...
Finmin says economic recovery remains intact amid regional conflict, assures uninterrupted fuel supply
Minister for Finance and Revenue Senator Muhammad Aurangzeb on Saturday said Pakistan’s economy continued to show signs of recovery despite ongoing regional tensions, citing strong growth in large-scale manufacturing, exports, remittances and foreign investment inflows. Addressing a news conference ...