Representational image shows a person using a fuel nozzle to fuel up a car at a petrol station in Vienna, Austria March 18, 2022. — ReutersPetrol may rise by Rs1.32 per litre.Kerosene expected to go down by Rs6.25 per litre.WTI crude hits $62.7 per barrel, two-month low.
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Signage is seen outside the Moody’s Corporation headquarters in Manhattan, New York, US, November 12, 2021. — ReutersOperating environment improving, but only gradually.Asset quality and profitability challenges remain.Banks’ performance seen stable over 12-18 months.
Moody’s…
Global lenders secure $3.5bn debt package for Reko Diq
An image of the site of the gold and copper mine exploration project of Tethyan Copper Company in Reko Diq, in Balochistan. — TCCOfficials expect full financial close by mid-December.IFC, ADB, JBIC and European ECAs commit project debt.RDMC pledges $390m to upgrade ML-2 and ML-3.
Pakistan presses for global emissions cuts, resilience funding at COP-29 summit
Smoke rises from a factory in this representational image. — ReutersMusadik Malik meets COP-29 leadership in Azerbaijan.Stresses Global North’s role in climate emissions.Seeks Pakistan-Azerbaijan cooperation in green sectors.
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