Business Highlights

‘We have nothing to do with this’: Iran strikes end Dubai dreams for Pakistani workers

Abdul Malick sat among mourning relatives in his village in southern Pakistan, receiving condolences from neighbours after his nephew, Muzaffar Ali, was killed in Dubai last week. Ali, a 27-year-old labourer, was one of two Pakistanis killed in retaliatory Iranian strikes against Gulf countries s...

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Oil heads for weekly gains despite US sanctions waiver on Russian oil
Oil heads for weekly gains despite US sanctions waiver on...

Oil prices headed for weekly gains as of Friday, despite the US trying to ease supply concerns by...

Market volatility continues as KSE-100 closes in the red
Market volatility continues as KSE-100 closes in the red

Pakistan’s benchmark KSE-100 index fell 555.27 points, or 0.36 per cent, to close in the red on F...

Pakistan among 60 countries facing US forced labour investigations
Pakistan among 60 countries facing US forced labour inves...

The United States Trade Representative (USTR) has initiated investigations into what it considers...

PM Shehbaz says prices of petroleum products not being increased despite uptick in global market
PM Shehbaz says prices of petroleum products not being in...

Prime Minister Shehbaz Sharif on Friday decided that the prices of petroleum products would not b...

Tesla Cybercab includes this small but significant feature - Teslarati
Tesla Cybercab includes this small but significant featur...

Tesla Vice President Bonne Eggleston explained the latest updates in a trade secret theft case th...

Trump Finds Himself in the Joe Biden Bind - The Bulwark
Trump Finds Himself in the Joe Biden Bind - The Bulwark

NEON SIGNS ANNOUNCING the price of a gallon of gasoline are as ubiquitous a feature of Americas r...

Business Analysis

Atlassian to Reduce 1,600 Jobs in the Latest AI-Linked Cuts - Bloomberg.com
Atlassian to Reduce 1,600 Jobs in the Latest AI-Linked Cuts - Bloomberg.com

Atlassian Corp. plans to cut 1,600 jobs or a 10th of its global workforce, joining rivals in slashing staffing to cope with the advent of AI and a broader post-Covid industry slowdown. Australian b...

Analysis by Brody Ford

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Southeast Asia shuts offices, limits travel as oil crisis deepens - Al Jazeera
Southeast Asia shuts offices, limits travel as oil crisis deepens - Al Jazeera

Taipei, Taiwan Governments and businesses across Southeast Asia are scrambling to stave off energy shortages as the Strait of Hormuz remains shut to maritime traffic, amid the fallout of the United...

Analysis by Erin Hale

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Atlassian cuts 10% of workforce to adapt to AI threat - Financial Times
Atlassian cuts 10% of workforce to adapt to AI threat - Financial Times

Then $75 per month. Complete digital access to quality FT journalism on any device. Cancel anytime during your trial.

Analysis by Nic Fildes

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Dow futures tumble more than 400 points as oil prices continue their ascent amid Iran war: Live updates - CNBC
Dow futures tumble more than 400 points as oil prices continue their ascent amid Iran war: Live updates - CNBC

Dow futures tumbled late Wednesday as oil prices continued their surge in extended trading. Futures linked to the Dow Jones Industrial Average fell 461 points, or nearly 1%. S&P 500 futures...

Analysis by Pia Singh

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Trump administration releasing 172 million barrels of oil from strategic reserve as Iran war causes soaring prices - CBS News
Trump administration releasing 172 million barrels of oil from strategic reserve as Iran war causes soaring prices - CBS News

President Trump ordered the release of 172 million barrels of oil from the United States' Strategic Petroleum Reserve on Wednesday, after oil prices rocketed to their highest levels in years a...

Analysis by Joe Walsh

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