General view of Orsknefteorgsintez oil refinery in the city of Orsk, Orenburg region, Russia August 28, 2025. — Reuters Pakistan oil refiners face pressure after diesel pricing formula shift.Industry players accuse authorities of imposing artificial margin cap.Refinery officials…
Related Posts
Cabinet division’s rare disclaimer raises alarm over official names used by housing societies
An aerial view of a housing society in Islamabad. — Reuters/File
Disclaimer says official titles can create misleading impressions.Cabinet Division rejects any link to named housing scheme.Societies using state institutions’ names now face fresh scrutiny.
Reko Diq secures over $5.5bn financing commitments from IFIs
The hills near the Reko Diq copper mine in Balochistan. — Reuters/FileOnly most favourable loan terms to be selected from commitments.Reko Diq projected to generate $74bn in free cash flows in 37 years.Officials confident of executing project within original cost of $6.7bn.
AI offers ‘lifeline’ for emerging economies, says World Bank
Artificial Intelligence words are seen in this illustration taken March 31, 2023. — Reuters
LONDON: Artificial intelligence could enable developing countries to gain a century’s worth of development in a decade if they act quickly on power, connectivity and…