Saturday, July 13, 2024

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Business and Finance

Paper Fire at a Printing Company in Central Afghanistan Lasts for Two Days

A huge fire in Pol-e-Charkhi’s industrial park in Afghanistan’s capital, Kabul, at a longtime printing business called Baheer Group of Companies lasted for almost...

Pakistan Budget Needs Additional Measures to Meet Goals: IMF

ISLAMABAD, Pakistan – The International Monetary Fund (IMF) says additional measures will be needed to bring Pakistan's budget for fiscal year 2022-23 in line...

TAPI Pipeline Project to Resume in 4 Months: Officials

KABUL, Afghanistan – The practical work on the TAPI Pipeline project will resume within four months, according to Afghan official, weeks after the involved...

Food Inflation; A Sack of Flour Costs 2,800 Afghanis in Kabul

In less than three months, food prices in Afghanistan have soared more than double. A sack of flour is now priced at 2,800 to 3,000 Afghanis, while previously,...

Construction Companies Ask Taliban to Pay Remuneration for the Construction Projects

Executives of construction and logistical firms have demanded that the Taliban pay for the projects. Many of these construction projects were contracted and built by...

Kabul, Uzbekistan to ‘Finalize’ Mazar-e-Sharif Railway Project

Kabul, Afghanistan – Kabul and Uzbekistan officials held a virtual meeting Thursday, discussing the “finalization of the railway plan” between the two countries, according...

India, Uzbekistan Bid to Leverage Chabahar Port for Regional Trade

NEW DELHI, India – India and Uzbekistan bid to leverage Chabahar port for regional trade and transit, according to sources, agreeing to exploit the...

Inflation soared to 13.4% this April

ISLAMABAD: In April, inflation reached 13.4%, the highest level since January 2020, placing the new government in a difficult position at a time when...

The EU Is Toughening Its Position on Pakistan’s GSP Plus Compliance

The European Union (EU) is proposing to add five pacts to strengthen the scheme's social, labor, environmental, and climatic components, as the current framework...

Elon Musk sold $8.4 billion worth of Tesla shares this week

Elon Musk sold roughly $8.4 billion worth of Tesla shares in the days following his bid to take Twitter private. The Tesla and SpaceX CEO...

Elon Musk Says He Wants to Buy Coca-Cola Next and Promises to Put Cocaine Back In

Tesla CEO Elon Musk has shared a bizarre wish of buying Coca-Cola and he has one big plan for the company if he achieves this goal. The tech...

Elon Musk is buying Twitter for $44 billion

Twitter said Monday it has agreed to sell itself to Elon Musk in a roughly $44 billion deal that has the potential to expand...

Tesla earned over $3 billion in profit in the first quarter

Tesla reported that it earned a $3.3 billion profit in the first quarter of 2022. Tesla turned that profit on just over $18.7 billion in...

Elon Musk could run three major companies at once

Elon Musk's bid to acquire Twitter might have an undesirable side-effect for the billionaire: adding yet another large company to his jam-packed schedule. The Tesla...

The price of used cars is falling after going higher than the original price in the US

The market of used car prices dropped 3.8 percent on average in March. BLS has estimated a decline nationally in used car prices, which...

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