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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Pakistan’s core inflation slows down to 3% in August
People buy dried fruits at a market in Karachi, February 1, 2023. — ReutersOn YoY, CPI inflation Urban increases by 3.4% in August.On MoM basis, it decreases by 0.7% in past month. SPI inflation on YoY basis increases by 2.6% in August.
ISLAMABAD: Core inflation measured by…
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…
Washington slaps new US tariffs on drugs, trucks and furniture
A US flag flutters near shipping containers as a ship is unloaded at the Port of Los Angeles, in San Pedro, California, US on May 1, 2025. — ReutersPresident Trump cites national security for new round of tariffs.Shares of pharmaceutical firms from Hong Kong to India slide.100%…