Business & Commerce


Indian Oil Corp Sharply Boosts Spot Market Oil Purchases to 84% Following Middle East Supply Disruptions

NEW DELHI — Indian Oil Corporation (IOC), the country's top refiner, has dramatically increased its…

Apple Rumoured to Bring Major iPad Air Redesign and OLED Display in Early 2027

CUPERTINO — Apple’s iPad Air is reportedly heading toward its most significant overhaul in years,…

High-Level U.S. Business Delegation Concludes Two-Day Karachi Visit Facilitated by SIFC to Explore Investment Opportunities

KARACHI — A high-level U.S. business delegation, facilitated by the Special Investment Facilitation Council (SIFC),…

BYD Global Sales Surge 21.8% in July Driven by Surging Overseas Demand and Strong Export Growth

BEIJING — Chinese electric vehicle giant BYD reported a robust 21.8% year-on-year surge in global…

State Bank of Pakistan Releases Mark-to-Market Rates for July 31, 2026; USD Holds Steady Near 277.80 PKR

KARACHI — The State Bank of Pakistan (SBP) released its Mark-to-Market Currency Rates report for…

Kia to Produce and Sell Fully Electric Vehicles in Mexico with $649 Million Investment

MEXICO CITY — South Korean automotive giant Kia is expanding its manufacturing footprint into the…

Oil Prices Jump Nearly 7% as Renewed Middle East Airstrikes and Stalled Strait of Hormuz Diplomacy Reignite Supply Fears

LONDON — Oil prices surged by nearly 7% on Wednesday following the resumption of major…

Ferrari Hits 2026 Annual Sales Target for First Electric Vehicle ‘Luce’ Driven by Strong Chinese Demand

MARANELLO — Luxury sports car icon Ferrari has successfully met its 2026 annual sales target…