BUSINESS

Bank timings during Ramadan 2022 announced

Bank timings during Ramadan 2022 announced

The State Bank of Pakistan (SBP) has altered public dealing and office schedules for the holy month of Ramadan. Public…
Microsoft’s cloud computing business is being investigated by EU antitrust authorities.

Microsoft’s cloud computing business is being investigated by EU antitrust authorities.

 Belgium (Reuters)- Brussels EU antitrust investigators are questioning Microsoft’s (MSFT.O) competitors and customers about the company’s cloud business and licencing…
Industrial Revolution

Industrial Revolution

As a rule of thumb, historians divide the Industrial Revolution into two roughly parallel periods. About 1830, Britain experienced the…
The FIA Peshawar arrests 40 people in Hundi, Hawala

The FIA Peshawar arrests 40 people in Hundi, Hawala

At least 40 people have been arrested by the Federal Investigation Agency in Peshawar, Pakistan. They were all involved in…
What will the bank hours be during Ramadan?

What will the bank hours be during Ramadan?

KARACHI: The State Bank of Pakistan (SBP) adjusted the financial sector’s operating hours for the holy month of Ramadan on…
Toshiba’s largest shareholder intends to sell a stake to Bain Capital,filing

Toshiba’s largest shareholder intends to sell a stake to Bain Capital,filing

 (Reuters) –Toshiba (OTC: TOSYY) Corp’s largest shareholder, Effissimo Capital Management, indicated in a regulatory statement that it would sell all…
The country’s power shortage has reached 5000 megawatts.

The country’s power shortage has reached 5000 megawatts.

ISLAMABAD, Pakistan – the power deficit has surpassed 5000 megawatts owing to technical challenges and a fuel scarcity in power…
China’s industrial activity declines as COVID wreaks havoc on the economy.

China’s industrial activity declines as COVID wreaks havoc on the economy.

Beijin, manufacturing activity contracted in March, official data indicated Thursday, as the country’s largest COVID epidemic in two years resulted…
Oil prices plummet as the US contemplates drawing down reserves, while markets struggle.

Oil prices plummet as the US contemplates drawing down reserves, while markets struggle.

 HONG KONG – US fears that the Ukraine conflict will cause a shortage of oil made oil prices fall a lot…
German GDP forecasts for 2022 have been halved by government advisors.

German GDP forecasts for 2022 have been halved by government advisors.

(Reuters) – It was Wednesday, and the German government cut its forecast for Europe’s biggest economy because of the uncertainty…
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