Thursday, February 20, 2025

Business

January Job Growth in the US Slows, Unemployment Stays at 4.0%

US Labor market trends show slower job growth in January, steady 4.0% unemployment, and rising wages, reflecting resilience amid uncertainties.

Pakistan Set to Approve Starlink and Chinese Firms’ Operations Within 6 Months

Pakistan Set to Approve Starlink and Chinese Firms' Operations Within 6 Months, boosting digital infrastructure and rural broadband connectivity.

Aga Khan, Spiritual Leader and Racing Mogul, Dies at 88

Prince Shah Karim Al Husseini, the Aga Khan, and spiritual leader of 15 million Ismaili Muslims worldwide, has passed away in Lisbon at the age of 88.

Palantir Stock Soars on AI-Driven Growth and Strong Outlook

Palantir stock surged 23% on AI-driven growth , with record revenue, expanding government contracts, and strong commercial performance.

Volkswagen Challenges $1.4B Indian Tax Demand in Court Battle

Volkswagen has initiated legal action against Indian authorities, challenging a massive $1.4 billion tax demand over its car parts import strategy.

Trump’s Proposed Oil Tariffs: A Global Economic Tremor

Trump's proposed oil tariffs on Canada and Mexico risk disrupting North American energy trade, raising fuel prices, and impacting global markets.

Adani Group Faces Mounting Pressure Amid U.S. Indictment Controversy

The Adani Group controversy over U.S. bribery allegations sparks political fallout, financial turmoil, and global scrutiny of its operations.

Gwadar Airport’s $230M Facility: Critical Delays in Commercial Operations

Gwadar International Airport, a $230M Belt and Road project, faces delays in operations, hindering its potential as a regional aviation hub.

Brain Drain: How Southern and Central Europe Fight to Retain Young Talent

Southern and central Europe face a growing brain drain, with young talent leaving for better opportunities, challenging economic stability and growth.

IMF Mission Chief Meets Pakistan Finance Minister to Discuss $7 Billion Loan Performance

IMF's early visit to Pakistan reviews $7B loan, addressing revenue shortfall, benchmarks, and privatization progress ahead of first 2025 review.

India Explores Expanded Measures to Boost Foreign Direct Investment (FDI) Amid 5-Year Low

India considers expanding foreign direct investment (FDI) options by allowing equity-debt instruments to attract more stable capital amid a 5-year FDI low.

China Gears Up for Massive $1.4 Trillion Stimulus Package

China considers over $1.4 trillion stimulus package to address local debt, boost financial stability and domestic demand amid economic slowdown.

World’s Poorest Nations Face Dire Financial Straits, World Bank Reports

The world's poorest nations face worsening debt crises and economic fragility, as highlighted in a grim new World Bank report.

China Stimulus Signals More Fiscal Support, but Details Remain Vague

China signals increased stimulus to boost its economy but lacks details, leaving investors uncertain about the scope and impact of the measures.

Finance Minister Reveals Half of Tax Leakage Stems from Sales Tax Evasion

Pakistan's Finance Minister reveals 50% of tax leakage is due to tax evasion, urging businesses to comply and help raise the tax-to-GDP ratio to 13%.

Russia Backs Pakistan’s BRICS Bid: A Game-Changer for Global Economics?

Russian Deputy PM supports Pakistan joining BRICS, signaling potential shifts in global economic alliances. Explore the implications of this development for South Asia and beyond.

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