April 26, 2025 (MLN): Pakistan expressed its want to have interaction constructively with america to handle tariff-related points and strengthen bilateral commerce relations, Senator Aurangzeb additional acknowledged. The aforementioned assembly was held between Federal Minister for Finance and Income, Senator Muhammad Aurangzeb, and senior representatives of america Export-Import Financial institution (EXIM), led by Mr. Jim Barrows,…
April 25, 2025 (MLN): The Competitors Appellate Tribunal (CAT) has dismissed the enchantment filed by the Pakistan Vanaspati Producers Affiliation (PVMA), thereby upholding the Competitors Fee of Pakistan’s (CCP) order imposing a Rs50 million penalty for partaking in anti-competitive conduct and discriminatory practices. PVMA, an affiliation representing almost 100 ghee and cooking oil producers throughout Pakistan,…
April 25, 2025 (MLN): Fortunate Cement Restricted (PSX: LUCK) has determined to extend cement costs attributable to escalating prices and rising expenditures, in response to the notification issued by the Firm to its prospects. Efficient April 26, 2025, the worth of cement will rise by Rs1,200 per metric ton or Rs60 per bag. The corporate…
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The greenback index (DXY00) Friday rose by +0.11%. The greenback posted modest beneficial properties Friday in hopes of de-escalation of the US-China commerce battle. Bloomberg reported Friday that the Chinese language authorities is contemplating suspending the 125% tariffs on some US imports, together with medical gear and industrial chemical substances like ethane. The greenback additionally…
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Recession-proof companies are extra than simply good, they’re important when financial uncertainty hits. If you happen to’ve ever frightened about job safety or how your earnings would maintain up throughout a downturn, you’re not alone. Recessions can deliver layoffs, lowered hours, and shrinking markets. However whereas the financial system slows, sure companies stay regular, and…
Gilead Sciences (NASDAQ: GILD) did not have a foul first quarter, however traders did not discover it inspiring both. After publishing its earnings report after market shut Thursday, the corporate noticed its share worth decline in extra of two% the next day. That contrasted unfavorably with the 0.6% rise of the S&P 500 index that…