Oil prices made a notable rebound today following four consecutive days of decline. This uptick came as a result of signs indicating supply tightness, coupled with ongoing output cuts by…
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Business
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Business
Mark Zuckerberg Loses Nearly $3 Billion as Meta Suffers Global Outage
by Haktaurusby HaktaurusIn a rollercoaster day for Meta, the parent company of Facebook and Instagram, CEO Mark Zuckerberg saw his wealth plummet by a staggering $2.79 billion amidst a widespread global outage…
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Uncertainty Surrounds Long-Stalled Project Despite Previous Approvals The future of the long-awaited Gwadar power plant continues to be shrouded in uncertainty, facing yet another hurdle after the previous Shehbaz Sharif…
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Business
President Alvi Takes Strong Action Against Banking Fraud, Orders Compensation for Victims
by Haktaurusby HaktaurusPresident Dr Arif Alvi has directed two private banks to compensate victims of online scams, rejecting their representations in a landmark decision. The president, after personally hearing the cases, instructed…
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Business
Freelancers in Pakistan to Start Receiving PayPal Payments from February
by Haktaurusby HaktaurusCaretaker Federal Minister for IT and Telecommunication, Dr. Umar Saif, revealed plans for a groundbreaking pilot project aimed at revolutionizing the freelancing landscape in Pakistan. Addressing the Tech Destination Pakistan…
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BusinessFeatured
Mari Petroleum Makes Gas Discovery at Shewa-2 Well in North Waziristan
by Haktaurusby HaktaurusMari Petroleum Company Limited (PSX: MARI) has achieved a major milestone with the successful gas discovery at the Shewa-2 appraisal-cum-exploratory well, situated in the North Waziristan district of Khyber Pakhtunkhwa.…
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Business
Mercedes-Benz Commits ₹200 Crore Investment in India, Reveals Plans for 12 Top-End Models and EV Expansion
by Haktaurusby HaktaurusRenowned German luxury carmaker Mercedes-Benz has announced its intentions to launch twelve new models in India, with a focus on top-end cars priced over ₹1 crore. This expansion is part…
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Business
FBR Contemplates Additional Taxes on Solar Panels Amid Global Price Drop
by Haktaurusby HaktaurusThe Federal Board of Revenue (FBR) is considering the imposition of additional taxes on solar panels, despite a global decline in their prices. The Pakistan Alternative Energy Association (PAEA) has…
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Business
Global McDonald’s Faces Business Impact Amidst Controversy Over Israel’s Actions in Gaza
by Haktaurusby HaktaurusIn a recent statement, McDonald’s CEO Chris Kempczinski acknowledged a “meaningful business impact” resulting from boycotts related to Israel’s actions in Gaza. Kempczinski addressed what he called “disheartening and ill-founded”…
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BusinessNational
Islamabad High Court Questions Forced Repatriation of Baloch Protesters After Brutal Police Action
by Haktaurusby HaktaurusThe Islamabad High Court (IHC) raised concerns over the forced repatriation of Baloch protesters who had faced brutal police action a day earlier in the federal capital. Chief Justice Aamer…
