This file photo taken on January 26, 2022, shows the seal of the International Monetary Fund in Washington, DC. — AFPIMF revises levy calculation using average B3 tariff rates.Levy cut around 61% to nearly Rs500 per MMBtu.High gas costs force export sector consumption…
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Asian shares skid after oil prices surge on Gulf conflict
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. — Reuters S&P 500 futures slip, Nikkei and Kospi extend retreat.Dollar edges up as market narrows odds on Fed rate hike.Fed chair to testify this week, US CPI in focus.
SYDNEY:…
PBC elects Ziad Bashir as chairman
Ziad Bashir, the new chairman of Pakistan Business Council. — Reporter
The Pakistan Business Council on Friday installed Ziad Bashir as its chairman, with the Gul Ahmed Textile Mills director taking charge of the advocacy platform for a term of 18 months.
Bashir has been…
Airlines and business groups warn of chaos if US restricts international flights
A view of Newark Liberty International Airport in Newark, New Jersey, US, March 23, 2026. — Reuters
Major airline, travel and business groups warned that barring border processing at Newark or other major US airports could lead to chaos, strand thousands of tourists and Americans…