Exploration firm targets major fields

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), the largest hydrocarbon explorer in Pakistan, has targeted 20 major fields, mainly in the north and south, to enhance production and contribute…

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FSSAI To Launch Quality Check Of Food Items Like Dairy Products, Spices, Fortified Rice | Economy News

New Delhi: After starting a probe into alleged violation of norms in branded spices, food regulator FSSAI plans to launch surveillance on other food items like fortified rice, dairy products…

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Edward Dwight, Once Picked to Be the First Black Astronaut in Space, Aims for Space at Last

Edward Dwight is going to space, finally. In the coming weeks, as conditions allow, Mr. Dwight is expected to be part of a six-person crew heading into space on the…

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Adi & Nadir Godrej make open offer for Astec stake

MUMBAI: Adi and Nadir Godrej-led family group has made an open offer to acquire 26% from public shareholders of Astec Lifesciences as part of a settlement arrangement between them and…

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Expected increase in govt employees salary in Pakistan

ISLAMABAD – The federal government and provinces are working on budget for fiscal year 2024-25 amid facing economic challenges and pressure from IMF.  In the upcoming budget, unofficial reports hinted…

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Whistleblower for Boeing contractor Spirit AeroSystems dies

Joshua Dean, a former quality auditor who alleged he was fired from his job at a major Boeing contractor in retaliation for raising concerns about the 737 Max jet, died…

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Wayfair (W) earnings Q1 2024

Wayfair’s sales slid during its first quarter, but the online furniture retailer reduced its losses after cutting 13% of its workforce at the start of the year, the company announced…

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Sindh Revenue Board achieves record collection

KARACHI: The Sindh Revenue Board (SRB) has collected Rs185.2 billion during the first nine months of fiscal year 2023-24 depicting an increase of 29% over the corresponding period of last…

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Suzuki announces major decrease in car prices

In a major development, Pak Suzuki Motor Company on Thursday announced a price decrease of up to Rs710,000 on car models with effect from May 1, 2024. Pak Suzuki Motor…

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Meet Hrithik Roshan’s Business Partner Who Worked With Famous Bollywood Stars And Built Rs 1,000 Crore Company

Zaidi’s skill in talent management and sharp business sense has propelled Exceed into a leading position in India’s entertainment industry. Source link

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Peloton CEO Barry McCarthy Steps Down as Company Cuts 15% of Workers

Peloton said on Thursday that its chief executive, Barry McCarthy, was stepping down and that it would lay off more workers, as it continued to struggle in the fitness market….

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Bharat Biotech stresses on Covaxin’s safety record after AstraZeneca admits to Covishield causing rare clotting side effects

HYDERABAD: After AstraZeneca’s admitted in a UK court that its Covid-19 vaccine caused a rare side-effect — Thrombosis with Thrombocytopenia Syndrome (TTS), Hyderabad-based vaccine maker Bharat Biotech on Thursday stressed…

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U Bank inks MoU with National Science & Technology Park

ISLAMABAD—To promote innovation and entrepreneurship in Pakistan, the National Science & Technology Park (NSTP) at NUST and U Microfinance Bank (U Bank) have agreed to collaborate on NSTP’s flagship programmes,…

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Organic walnuts recalled at grocery stores after E. Coli outbreak

A California-based supplier of organic foods said it is recalling walnuts sold in 19 states after it was notified of 12 recorded cases of E. coli. Gibson Farms, of Hollister….

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Peloton CEO Barry McCarthy steps down, 15% of staff laid off

Barry McCarthy, president and CEO of Peloton Interactive, walks to a morning session at the Allen & Company Sun Valley Conference on July 06, 2022 in Sun Valley, Idaho. Kevin…

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Ministry mulls adding dates on cement bags

ISLAMABAD: The Ministry of Science and Technology has decided to forward the Competition Commission of Pakistan’s (CCP) proposal for revising national cement standards regarding the disclosure of “manufacturing/expiry dates” on…

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Gold price per tola falls Rs900 in Pakistan

Gold prices continued their downward trajectory in Pakistan for the fourth successive session on Thursday, in line with the ease in the international rate. In the local market, gold price…

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Isuzu Launches 2024 D-Max V-Cross Z Prestige; Pickup Truck To Compete Against Toyota Hilux

Isuzu launches 2024 D-Max V-Cross Z Prestige  which comes equipped with advanced safety features such as Traction Control System (TCS), Electronic Stability Control (ESC), Hill Descent Control (HDC), and Hill…

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Google Antitrust Trial Concludes With Closing Arguments

The biggest U.S. challenge so far to the vast power of today’s tech giants has reached its climax. On Thursday and Friday, lawyers for the Justice Department, state attorneys general…

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EU pledges $1 billion for Lebanon, urges steps against illegal migration

BEIRUT: EU chief Ursula von der Leyen on Thursday announced $1 billion in aid for Lebanon during a visit to the crisis-hit country and urged it to tackle illegal migration…

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