Space X CEO Elon Musk holds a mobile phone as he arrives to attend a state banquet with US President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, May 14, 2026. — Reuters Shares in Elon Musk’s SpaceX closed almost 20% higher…
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Sugar mills racked up Rs300bn in windfall profits since exports allowed, PAC told
Workers prepare sugar bags at a warehouse in Islamabad. — AFP/File67 mills export 746,469 tonnes of sugar worth over $400m.42 families benefited from this profit surge, says PAC chairman.Junaid Akbar highlights contradicting export policies, local needs.
ISLAMABAD: A…
Sugar mills face govt crackdown after failing to honour price deal
The undated image shows a labourer carrying a sack of refined sugar. —APP/FilePSMA, govt inked agreement to ensure ex-mill price of Rs165 per kg.Artificial shortage created after some sugar mills halt their sales.Violators to face legal action in coordination with FBR: minister.
PSX hovers near record highs before retreating amid ratings speculation
Brokers are busy in trading at Pakistan Stock Exchange in Karachi on Wednesday, June 4, 2025. — PPIThe KSE-100 Index closed at 136,379.96 points, up 440.09 points, or 0.32%.The index touched an intraday high of 137,232.10, gaining 1,292.23 points, or 0.95%.Session’s low was…