Economy
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Pakistan posts highest-ever inflation in March since 1970: Report
Consumer price inflation in Pakistan accelerated to a record 35.37 percent in March from a year earlier, eclipsing February’s 31.5…
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Lebanon central bank extends ceiling-free sales of US dollars until end of April
Lebanon’s central bank on Friday extended its arrangement allowing banks to purchase an unlimited amount of US dollars on its…
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India offers rupee trade option to nations facing dollar crunch
India will offer its currency as an alternative for trade to countries that are facing a shortage of dollars in…
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India’s ICICI to double wealth team, eyes $60 billion of assets
ICICI Securities Ltd. aims to double its wealth managers and boost the assets from rich clients to $60 billion in…
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Richard Branson-backed Virgin Orbit shutters after failing to find funding
Virgin Orbit Holdings Inc., the satellite-launch company tied to British billionaire Richard Branson, is ceasing operations indefinitely, succumbing to growing…
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UK court sentences man to jail for groping, threatening crew on Emirates Dubai flight
A UK court sentenced a man to 18 months in jail for groping a flight attendant on an Emirates airline flight from…
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Pakistan kicks off outsourcing operations, land assets at three airports
Pakistan on Thursday kicked off outsourcing of operations and land assets at three major airports to be run through a…
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China e-commerce giant Alibaba outlines future strategy by unlocking group’s value
The CEO of Chinese e-commerce and financial giant Alibaba said on Thursday that the company is moving toward giving up…
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Adani pulls back on grand ambitions in new sectors after Hindenburg report bombshell
Two months on from its explosive report into Gautam Adani’s acquisitive conglomerate, short seller Hindenburg Research has left the Indian…
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IMF chief urges countries in stronger position to help others with debt woes
Countries in a relatively stronger position should help vulnerable nations especially those under debt distress, International Monetary Fund managing director…
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