Business

KFC picks Coca-Cola as US soda supplier, ditches longtime partner PepsiCo

The loss of the beverage partnership with KFC, which has 3,718 US locations, could be a setback for PepsiCo as it works to improve soda sales in the country, while its snacks business grapples with high prices and a shift to healthier ⁠options

3 days ago

Pakistan pursuing investment, export-led growth: FinMin Aurangzeb

4 days ago

Gold prices decline after one day's increase in Pakistan

5 days ago

Pakistan, IMF reaffirm commitment to macroeconomic stability

7 days ago

World economic growth to slow to 2.6pc in 2026, UN trade body says

10 days ago

Pakistan, IMF reach staff-level agreement for $1.2bn tranche

11 days ago

Pakistan’s economy projected to grow 4pc this year: FinMin Aurangzeb

13 days ago

Gold prices plummet in Pakistan, global markets

16 days ago

FinMin Aurangzeb vows to strengthen key drivers of sovereign ratings

17 days ago

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Pakistan, IMF reaffirm commitment to macroeconomic stability

7 days ago

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Business

Gold prices record big plunge in Pakisan

The price of yellow metal reached Rs438,136 after a decline of Rs12,800

21 days ago

Business

IMF review calls for 'fewer but deeper' reforms in design of loan programs

Civil society groups have worried that the review could leave developing countries facing stiffer austerity measures at a time when they are saddled with rising public debt, soaring borrowing costs, sharp drops in official development assistance and successive systemic shocks

25 days ago

Business

Oil price dips briefly below $100 on Saudi exports, hopes of US-Iran diplomacy

During the session, Brent crude futures and US West Texas Intermediate crude dipped below $100 a barrel to their lowest since September 9

a month ago

Business

PM expresses satisfaction over SBP reserves reaching historic high of $21.4bn

Shehbaz Sharif says Pakistan’s successful re-entry into international capital markets is also a reflection of the restoration of global confidence in the country’s economy

a month ago

Business

Oil rises above $108 as attacks, pipeline outage deepen Saudi supply concerns

Brent crude futures rose $2.5, or 2.37%, to $108.18 a barrel at 0813 GMT, while US West Texas Intermediate futures were up $2.46, or 2.43%, at $103.85 a barrel

a month ago

Business

Oil prices up over 3pc following new strikes on Saudi, Strait of Hormuz

Brent crude futures rose $3.21, or 3.1%, to $107.82 per barrel as of 0340 GMT

a month ago

Business

Brent crude rises above $100 a barrel as Middle East conflict escalates

Brent crude futures rose $2.15, or 2.2%, to $100.07 a barrel by 0721 GMT, while US West Texas Intermediate crude was up $1.70, or 1.83%, at $94.73 a barrel

a month ago

Business

Govt jacks up petrol price by Rs5.58, HSD by Rs4.18

Following the revision, petrol will retail at Rs364.35 per litre while HSD will cost Rs385.95 per litre

a month ago

Business

World food prices at highest since 2022 as supply risks mount, FAO says

The FAO Food Price Index, which tracks monthly changes in a basket of internationally traded food commodities, averaged 133.3 points in August, up from July’s revised reading of 130.8

2 months ago

Business

Oil jumps more than 2pc after US attack on Iran's Larak Island

Brent crude futures climbed $2.21, or 2.51%, to $90.31 a barrel as of 0436 GMT while US

2 months ago

Business

PM Shehbaz calls for deeper economic, agricultural ties with Saudi Arabia

The Prime Minister expressed satisfaction at the constructive engagement between the two sides, particularly with regards to export of agricultural products by Pakistan to the Kingdom

2 months ago

Business

Bitcoin rises above $80,000 as soft dollar, debasement fears boost momentum

US President Donald Trump last week called on Congress to pass a bill that would bring clearer definitions to the growing cryptocurrency sector. Since then, bitcoin, the world’s largest cryptocurrency, has risen 16 per cent

2 months ago

Business

Moody's upgrades Pakistan's rating to B3 from Caa1

Moody’s says the upgrade to B3 reflects its expectations that improvements in governance will allow the government to sustain the recent improvements in the country’s external position and strengthen fiscal metrics

2 months ago

Business

Pakistan records big jump in gold prices

Per tola price of yellow metal reaches Rs471,936 after a gain of Rs13,700

2 months ago

Business

Oil rises as doubts over US-Iran deal heighten supply concerns

Brent futures were up 75 cents, or 0.84%, to $89.66 a barrel by 0553 GMT, while US West Texas Intermediate (WTI) crude climbed 72 cents, or 0.87%, to $83.92. Both contracts had risen more than $1 earlier in the session