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    Web Desk

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    Exporters forced to cut production amid gas shortages

    As textile exporters continue to face gas shortages, Sindh Government Spokesperson and Adviser to Chief Minister Barrister Murtaza Wahab on Tuesday urged the federal government to immediately resolve gas shortage issues being faced by Karachi-based industrialists.

    • Published in Business

    NAB summons Fazlur Rehman in assets beyond means inquiry

    The National Accountability Bureau, Khyber Pakhtunkhwa, on Tuesday issued a call-up notice to Jamiat Ulema-e-Islam Fazl (JUI-F) chief Fazlur Rehman, directing him to appear before its investigation team next month in an inquiry launched on charges of corruption and possessing assets beyond means.

    • Published in General

    TikTok removes over 104 million videos

    ByteDance-owned short-video app TikTok said on Tuesday it removed over 104 million videos from its platform globally in the first half of the year for violating guidelines or terms of service.

    Rolls-Royce shares hit 16-year low

    Rolls-Royce shares hit 16-year lows on Monday after the engine maker confirmed it was considering a rights issue of up to 2.5 billion pounds ($3.23 billion) following months of speculation about its finances.

    • Published in Business

    IMF seeks a further limit on short-term borrowings

    The International Monetary Fund seeks a further limit on short-term borrowings for filling budget gaps, as Pakistan’s gross financing needs may remain close to 31% of the size of its economy in this fiscal year – which are higher than previous estimates.

    • Published in Business

    Tesla traders bet on Musk battery pitch to spark rally

    Fasten your seatbelt, because Tuesday is Tesla’s “Battery Day”, and some investors expect Chief Executive Elon Musk’s pitch on the electric car maker’s energy storage advances to re-energize its rally following a recent 21% stock slump.

    US court halts ban on WeChat download

    A US judge on Sunday blocked the government’s ban on WeChat downloads, hours before it was due to take effect in an ongoing technology and espionage battle between Washington and Beijing.

    Aspas double stuns Valencia

    Iago Aspas scored twice, including a brilliant free-kick, as Valencia slipped to a surprise 2-1 defeat by Celta Vigo in La Liga on Saturday.

    • Published in Sports

    K-Electric chief walks out of chaotic NEPRA hearing

    K-Electric chief executive on Monday left a hearing on public complaints against the metropolis' sole power supplier when the event turned chaotic as angry citizens raised chants over not being allowed to speak and the National Electric Power Regulatory Authority's (NEPRA) boss momentarily adjourning the discussions.

    • Published in General

    SBP to announce monetary policy today

    The State Bank of Pakistan (SBP) will announce its decision on the monetary policy today with the analysts forecasting that there will be no change in the current policy rate.

    • Published in Business
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