Business Recorder

Gabbard resigns as Trump’s top US intelligence official

WASHINGTON: Tulsi Gabbard said on Friday she is resigning from her job as President Donald Trump’s director of national intelligence, saying her husband had been diagnosed with a rare form of bone cancer and that she was stepping away from her rol…

#TulsiGabbard

Business Recorder

Qatari negotiating team in Tehran to try to help secure US-Iran deal to end war, says source

A Qatari negotiating team arrived in Tehran on Friday in coordination with United States to try to help secure a deal to end the war with Iran and resolve outstanding issues, a source with knowledge of the matter told Reuters on Friday. Doha, whic…

#Iran #IranUSPeaceDeal

Business Recorder

Trump skips son’s wedding as Iran talks continue

WASHINGTON: US President Donald Trump confirmed Friday he would miss his son’s wedding, insisting he had to stay in Washington because of “circumstances pertaining to government.” Trump had said a day earlier that the Iran war made it “bad timing”…

#Trump #IranUSTalks

Business Recorder

Govt cuts petrol price by Rs6, diesel by Rs6.80 per litre

The federal government on Friday announced a reduction in petroleum prices for the next week, lowering the price of petrol by Rs6 per litre and high-speed diesel (HSD) by Rs6.80 per litre with effect from May 23, 2026. According to a notification …

#PetrolPrice #DieselPrice

Business Recorder

CDF Munir lands in Tehran as Pakistan steps up US-Iran mediation efforts

Chief of Defense Forces (CDF) Field Marshal Syed Asim Munir arrived in Tehran on Friday as part of Pakistan’s ongoing diplomatic efforts aimed at facilitating dialogue between the United States and Iran, according to the military’s media wing. The…

#AsimMunir #Tehran #IranUSDiscussions #PakistanIranTalks #IranPeaceDeal

Business Recorder

India battles power cuts as heatwave boosts electricity demand to record

NEW DELHI/BENGALURU: Some parts of India are grappling with power cuts as record-breaking heat has pushed electricity demand to an all-time high in excess of 270 gigawatts, spurring a government call for consumers to limit use. An El Nino weather …

#India #Weather

Business Recorder

India’s Hindalco misses profit estimates as Novelis disruptions weigh

India’s Hindalco Industries posted a surprise profit drop for the second straight quarter on Friday, missing analysts’ estimates, as expenses linked to a fire-related disruption at U.S. unit Novelis offset the benefit of higher base metal prices. …

#India #Business

Business Recorder

India needs to monitor Iran war impact, RBI report says

MUMBAI: India’s economic outlook is clouded by supply-side pressures, the central bank said in its monthly economic report on Friday, flagging a need to closely monitor how the Iran war-led energy shock feeds through to prices. High-frequency econ…

#India #Iran

Business Recorder

Bilawal inaugurates Karachi’s Shahrah-e-Bhutto Expressway

Chairman of Bilawal Bhutto Zardari on Friday formally inaugurated the Shahrah-e-Bhutto Expressway in Karachi . The inauguration ceremony was attended by Sindh Chief Minister Syed Murad Ali Shah, Acting Governor Sindh Owais Qadir Shah, federal and …

#BilawalBhutto #Karachi #ShahrahEBhutto

Business Recorder

Sinner stands between Djokovic and record 25th major crown at French Open

PARIS: Novak Djokovic on Friday admitted world number one Jannik Sinner was the man to beat at Roland Garros as the imperious Italian stands on the brink of completing his career Grand Slam. Djokovic, 39, is chasing a 25th major title, which would…

#Djokovic