Business

LONDON: Oil edged lower on Wednesday after slumping in the previous session, weighed down by concerns about weak demand due to the state of the global economy. Brent futures for March delivery fell 13 cents to $81.97 a barrel, a 0.1 per…

ISLAMABAD: Pakistan’s trade deficit stood at $2.857 billion in December, shrinking 40.68 per cent year-on-year, data released by the Pakistan Bureau of Statistics (PBS) showed. In December 2021, the deficit had clocked in at $4.816bn.…

LONDON: Oil prices slid on Tuesday from their highest levels in a month on a stronger dollar and after the head of the International Monetary Fund warned of a tougher 2023 as major economies experience weakening activity. Brent crude…

“I think that Elon Musk’s cooperation and/or technical relationships with other countries is worthy of being looked at,” Biden said, answering a question from a reporter after a long pause. “Whether or not he is doing anything…

Foxconn, Apple’s principal subcontractor, locked down its massive factory in Zhengzhou last month after a spike in infections – in line with China’s zero-Covid policy. In a separate statement Monday, the Taiwanese firm said its fourth…