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Pakistan gets $2 billion deposit from Saudi Arabia

PAKISTAN’S desperately low foreign exchange reserves were boosted on Tuesday (11) with a $2 billion deposit from Saudi Arabia, ahead of a key IMF...
Business

Four Indian-Americans in Forbes’ 2023 most successful businesswomen list

FOUR Indian-Americans have been named to the Forbes’ list of America’s most successful businesswomen in 2023. Jayshree Ullal, Neerja Sethi, Neha Narkhede, and Indra Nooyi...
Business

UK wage growth matches record high

A KEY measure of British wages matched its highest growth rate on record but there were also some signs that the inflationary heat in...
Business

Foxconn pulls out of semiconductor joint venture with Vedanta

TAIWAN’S Foxconn has withdrawn from a $19.5 billion (£15bn) semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta, it said on Monday (10), in a...
Business

Nandalal Weerasinghe says he warned about Sri Lanka crisis years before

THE man charged with clawing Sri Lanka out of bankruptcy said he had warned about economic calamity years before it hit – and was...
Business

Wealth creator exodus feared as non-dom tax revenue hits record

RECORD tax raid from the HMRC on ultra-wealthy non-dom taxpayers has increased fears of wealth creators leaving the country due to rising costs, reported The...
Business

UK house prices post biggest annual drop since 2011: Halifax

BRITISH house prices fell last month in annual terms at the fastest rate in 12 years and soaring interest rates are likely to herald...
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