1726058761-0/Express-Tribune-Web-(17)1726058761-0.jpg?w=250&resize=250,150&ssl=1 "US inflation holds steady: CPI rises 0.2% in August 2024")
The US Bureau of Labor Statistics has reported that the Consumer Price Index for All Urban Consumers (CPI-U) rose by 0.2% in August 2024, matching the increase seen in July. Over the past 12 months, the index grew by 2.5% before seasonal adjustment. The primary driver of the increase was a 0.5% rise in the shelter […]
1726052444-0/BeFunk_-(31)1726052444-0.jpg?w=250&resize=250,150&ssl=1 "Nestlé waters agrees to pay .2 million to resolve criminal allegations in France")
Nestlé Waters has agreed to pay a $2.2 million fine to resolve criminal allegations in France related to its production of natural mineral water. The settlement, approved on Tuesday by a judge in Epinal, eastern France, brings an end to two separate investigations focused on illegal drilling practices and consumer deception regarding the company’s water […]
Listen to article A significant portion of Alibaba Cloud services experienced disruptions following a fire at a Digital Realty datacenter in Singapore. The blaze, which occurred early Tuesday morning on September 10, 2024, is believed to have been triggered by a lithium-ion battery explosion in the facility’s battery room. Local reports confirmed that Singapore’s Civil Defence Force […]
KARACHI: Federal Minister for Maritime Affairs, Qaiser Ahmed Shaikh, has launched a free computer training centre for women in Keamari and surrounding areas, hosted at the Karachi Port Trust (KPT) Industrial Home. This initiative is part of a broader effort to empower women and provide them with vocational training, enabling them to thrive in today’s […]
LONDON: Oil futures edged up on Monday as the risk of production disruptions from a potential hurricane approaching the US Gulf Coast helped prices steady after last week’s heavy losses. Brent crude was up 16 cents, or 0.23%, to $71.22 a barrel at 1315 GMT while West Texas Intermediate crude futures were 19 cents, or […]
ISLAMABAD: Federal Minister for Planning, Development & Special Initiatives, Ahsan Iqbal, chaired the fourth meeting of the Policy and Strategy Committee (PSC) and the Oversight Board on Post-Flood Reconstruction Activities. The meeting, held in Islamabad, reviewed the progress of ongoing projects under the Resilient, Rehabilitation, and Reconstruction Framework (4RF) and discussed the status of international […]
LAHORE: The government of Pakistan is facing significant challenges in widening its tax base while simultaneously combating the rise of smuggling and illicit trade, both of which could generate crucial revenue for the national economy. Efforts to bring more traders into the tax net have shown limited success, highlighting the complexity of the issue. Earlier […]
KARACHI: Pakistan Stock Exchange (PSX) on Friday ended with thin gains as investors resorted to profit-taking at attractive levels following a spike in the KSE-100 index earlier in the day. The absence of encouraging developments kept investors cautious, leading to limited activity in major stocks while smaller companies attracted the interest of market players. The […]
Business & Finance 20 August 2024, 8:33 pm 1 minute Reuters was first to report on State Street’s partnership with Swiss crypto company Taurus to offer new digital asset services, including turning real-world assets into tradeable tokens, to tap growing institutional demand for such investments. Through the partnership, State Street, which provides crypto fund administration […]
Business & Finance 09 August 2024, 10:57 pm 1 minute Reuters exclusively reported that China’s securities regulator has ordered some brokerages to inspect their bond trading activities as authorities seek to rein in frenzied buying of Chinese government bonds. The brokerages, all of which are domestic, have been told to conduct compliance checks on all […]
