Business

Latest stories in this section, ordered by the original publication time from each source.

ET

Pakistan reducing dependence on imported fuel for power generation: Leghari

Govt working to rationalise power costs for consumers without rooftop solar systems, he says

GDN

Trump-Xi China summit: five key issues on the agenda

The US president has arrived in Beijing to much pomp and ceremony. Iran, Taiwan, trade, AI and drugs look set to dominate talks at the summitTrump-Xi summit liveDonald Trump has arrived in China to much pomp and ceremony. His state visit – the first by the US president in nearly a decade – comes ami...

BBC

What do Japanese crisps have to do with the Iran war?

Calbee says it will temporarily switch to black and white packaging as ink supplies have been disrupted by the closure of the Strait of Hormuz.

GDN

Decoding America: Trump takes tech bros to China – podcast

On the eve of Donald Trump’s trip to Beijing, co-hosts Reged Ahmad and Jonathan Yerushalmy examine how the US president’s approach to relations with Xi Jinping has changed since he first ran for office, and what both leaders expect to get from the meeting. They also look at the tech CEOs travelling ...

GDN

How new owner became all powerful in ‘high stakes’ attempt to revive former WH Smith chain

Low-profile Modella has positioned itself as a key creditor, landlord and brand owner to struggling TG Jones as store closures and job cuts loomShoppers at WH Smith were once accustomed to being offered cheap chocolate stacked high at the counter while buying their morning newspaper. Now, the chain’...

GDN

Jim Chalmers on why Labor didn’t scrap negative gearing completely in budget – video

In response to a question from Guardian Australia’s economics editor, Patrick Commins, about whether fully abolishing negative gearing would have raised more revenue, and why the government didn’t take that approach, the treasurer, Jim Chalmers, says the reforms strike the right balance for Australi...

DAWN

India hikes gold, silver duties to protect sliding rupee

India has boosted its import tariffs on gold and silver in an effort to shore up the sagging value of the rupee and bolster foreign currency reserves hit by war in the Middle East. Gold imports are financed through dollars, which means buyers have to spend down foreign reserves or convert rupees to ...

BBC

Glassmaker questions future of UK manufacturing

Bristol Blue Glass says rising energy costs and taxes have forced its closure.

GDN

Trump Tower on Gold Coast scrapped because brand 'toxic to Australians'

The Surfers Paradise development has been abandoned with Altus Property Group and the Trump Organization blaming each other The little-known property developer and the US president’s son were all smiles when they shook hands on Valentine’s Day within the gilded walls of Mar-a-Lago on a deal they cla...

BBC

London traders hit by 'king of mangoes' shortage

London’s Alphonso mango supply is down this year due to fewer imports and higher prices for shoppers.

BBC

Smart glasses are 'an invasion of privacy' - Meta's are selling better than ever

The biggest tech firms are set to sell millions of smart glasses despite growing privacy concerns.

GDN

Labour needs a battle of ideas now, not a scramble to snatch the keys to No 10 | Rafael Behr

Removing Starmer solves the problem of an unpopular leader, but without a coherent alternative agenda his successor won’t fare much betterLabour has spent much of the past year paralysed by competing fears. MPs’ dread of facing voters with Keir Starmer as prime minister has been kept in check by the...

DAWN

SBP says it has received $1.3bn tranche from IMF

The State Bank of Pakistan (SBP) said on Wednesday that it had recieved $1.3 billion from the International Monetary Fund (IMF). “The IMF Executive Board completed the third review under the Extended Fund Facility (EFF) in its meeting held on May 8 and approved the disbursement of SDR 760 million fo...

DAWN

SBP says it has recieved $1.3bn tranche from IMF

The State Bank of Pakistan (SBP) said on Wednesday that it had recieved $1.3 billion from the International Monetary Fund (IMF). “The IMF Executive Board completed the third review under the Extended Fund Facility (EFF) in its meeting held on May 8 and approved the disbursement of SDR 760 million fo...

ET

KSE-100 drops 1,465 points amid oil price concerns, geopolitical uncertainty

Index touched an intra-day high of 169,687.29 points and a low of 167,329.34 points during the session

ET

IMF-driven PSX rally fizzles amid geo-political concerns

KSE-100 gains over 672 points in early trade; slumps over 900 points by midday as investors resort to profit-taking

GDN

Trump due in China for high-stakes summit with Xi Jinping, as Iran war looms over talks

The US president will arrive with tech leaders including Elon Musk and Tim Cook, with trade, AI and Taiwan all set to be discussedDonald Trump is due to arrive in Beijing on Wednesday evening, the first visit to China by a US president in nearly a decade, as he seeks to mend power and prestige weake...

GDN

From the archive: How western travel influencers got tangled up in Pakistan’s politics – podcast

We are raiding the Guardian long read archives to bring you some classic pieces from years past, with new introductions from the authors.This week, from 2020: Travel bloggers have flocked to Pakistan in recent years – but have some of them become too close to the authorities?By Samira Shackle. Read ...

NYT

How China Could Wield Its Control of Rare Earths Against Trump

A central question hanging over the summit this week is whether China will agree to extend a temporary postponement of even tougher rare-earth export controls.

DAWN

Nepra tasked to probe IPPs performance, payments amid surging electricity costs

ISLAMABAD: A parliamentary committee on Tuesday directed the National Electric Power Regulatory Authority (Nepra) to conduct comprehensive investigations into the performance of Independent Power Producers (IPPs) as well as capacity payments, energy payments, and extensions granted to these IPPs. Di...

DAWN

Planning Minister Ahsan Iqbal warns unchecked population growth can become ‘social bomb’

https://www.dawn.com/news/1999797

GDN

Public health at risk across Asia as Iran crisis sends price of cooking gas soaring

Families turn to dirty fuels such as firewood, bringing fears over air pollution and fragility of energy transitionIn the ramshackle lanes of a south Delhi slum, Afshana Khatoon crouched wearily on her haunches and began lighting a small pile of firewood.She had only just returned from six hours spe...

GDN

Public health at risk across Asia as price of gas for cooking soars

Families turn to dirty fuels such as firewood, bringing fears over air pollution and fragility of energy transitionIn the ramshackle lanes of a south Delhi slum, Afshana Khatoon crouched wearily on her haunches and began lighting a small pile of firewood.She had only just returned from six hours spe...

FOX

Waymo recalls massive autonomous fleet after incident flags major safety issue

Federal regulators say a software defect may prevent Waymo vehicles from fully stopping in flooded road conditions, increasing the risk of a crash or injury