Category: Business

According to BBC.com Report: Aeroplane passengers should be restricted to two drinks at airports, Ryanair chief executive Michael O’Leary has said. Mr O’Leary said introducing alcohol limits at airports would help tackle a rise in disorder on flights. Violent outbursts are occurring weekly due to alcohol, he said, especially when it is mixed with other […]

LAHORE, Jul 28 (APP):Federation of Pakistan Chambers of Commerce and Industry (FPCCI) former vice president Chaudhry Zahid Iqbal Arain has called upon the government to review and restructure the Independent Power Producers (IPPs) contracts to align their payments more closely with actual electricity production and demand. Speaking at a roundtable conference on ‘Impact of high […]

KARACHI: Eminent business leaders have expressed grave concern about the closure of over 50% factories in every industrial zone of the country and cautioned that if the government did not take measures on a war-footing, it may turn out to be a disaster for the economy. They have pleaded for the immediate abolition of the […]

BRUSSELS: McDonald’s MCD.N does not have the right to use the term “Big Mac” for poultry products in Europe after not using it for them for five consecutive years, the region’s second top court said on Wednesday, a partial win for Irish rival Supermac’s in a long-running trademark dispute. The Luxembourg-based General Court’s ruling centered […]

NEW YORK: Your wallet may soon be getting thinner. Visa on Wednesday announced major changes to how credit and debit cards will operate in the U.S. in the coming months and years. The new features could mean Americans will be carrying fewer physical cards in their wallets, and will make the 16-digit credit or debit […]

According to BBC report: Sales of iPhones have fallen in almost every market across the globe, according to the latest results from Apple. The technology giant said overall demand for its smartphones dropped by more than 10% in the first three months of this year, with sales falling in every geographic region except for Europe. […]

World oil prices sank Monday as traders bet on de-escalation in the Middle East despite a strike on Israel by key crude producer Iran. Brent and WTI prices shed one percent while global stock markets diverged. Iran late on Saturday unleashed more than 300 ballistic and cruise missiles and attack drones — which were mostly […]

Oil prices rebounded slightly on Wednesday after four days of declines as signs of supply tightness amid output cuts by major producers overrode demand concerns in China and the US, the world’s two biggest crude consumers. Brent crude futures were up 53 cents, or 0.65 per cent, to $82.57 a barrel at 0922 GMT, while […]

Bitcoin, kicked out the New Year with a bang on Tuesday, surging above $45,000 for the first time since April 2022 with hope surrounding the potential approval of exchange-traded spot bitcoin funds, the world’s largest cryptocurrency. With its highest year performance since 2020, Bitcoin gained 156% last year and reached a 21-month high of $45,532. […]

As many as 1,500 millionaires have relocated from the UK to Dubai in the past 10 years while hundreds of more will relocate this year as the emirate continues to maintain its appeal as an attractive destination for high net-worth individuals, says a new report released on Wednesday. According to the latest figures released by […]