3D-printed oil pump jack and barrels in front of a rising stock graph appear in this illustration, taken March 2, 2026. — ReutersBrent jumps as much as 29%, WTI surges up to 31%.Iraq slashes its oil output due to Middle East conflict.Kuwait declares force majeure, cuts crude oil…
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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.
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Saudi Prince Mansour bin Saud to acquire majority stake in K-Electric
A view of the K-Electric head office in Karachi. — K-Electric website/File
Prince Mansour set to buy controlling shares in K-Electric.AsiaPak Investments confirms sale of 53.8% stake in KESP.KE ownership dispute nears end with Saudi acquisition deal.
Bitcoin plummets, driving $2 trillion tumble in crypto market value
A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken January 8, 2021. — Reuters
Bitcoin down 28% so far this yearCrypto market has lost $2tn since Oct peakRout may be triggered partly by…