Business Recorder
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Business Recorder
Sindh approves Rs50bn master plan to turn Civil Hospital Karachi into modern facility
The Sindh government has approved an initial Rs50 billion master plan, with a long-term vision to invest up to Rs100 billion, to transform Civil Hospital Karachi into a state-of-the-art hospital. Sindh Chief Minister Syed Murad Ali Shah said this …
#Sindh #CivilHospital #Karachi
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Business Recorder
Oil tanker sails to Pakistan after crossing tense Strait of Hormuz: report
An oil tanker carrying crude oil seems to have cleared the Strait of Hormuz and is now sailing to Pakistan, reported Bloomberg on Monday, citing ship-tracking data. According to the report, Karachi, controlled by Pakistan’s National Shipping Corp …
#OilStocks #Hormuz
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Business Recorder
EU to discuss how to keep Hormuz strait open, EU’s foreign chief says
BRUSSELS: EU member states will discuss what can be done from the European side to keep the Strait of Hormuz open, the EU’s foreign policy chief Kaja Kallas said on Monday. “It is in our interest to keep the Strait of Hormuz open and that’s why we…
#EU #StraitOfHormuz #Hormuz
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Business Recorder
South Korean milling group bought about 87,000 tons wheat from the US on Friday, traders say
HAMBURG: South Korean flour mills bought an estimated 87,000 metric tons of milling wheat to be sourced from the United States, in an international tender on Friday, European traders said. Traders had estimated the purchase at 50,000 tons on Frida…
#SouthKorean #US #Wheat
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Business Recorder
China and US in communication on Trump visit, Chinese foreign ministry says
BEIJING: China and the US are in communication about President Donald Trump’s visit to China, a Chinese foreign ministry spokesperson said on Monday when asked about reports of Trump’s threat to delay a planned summit with Chinese President Xi Jin…
#China #US #Trump
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Business Recorder
Industrialists warn Dnata’s ad-hoc cargo charges denting Pakistan’s export competitiveness
Saquib Fayyaz Magoon, Chairman BMP-Progressive and Senior Vice President Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has strongly criticised Gerry’s Dnata for imposing an ad-hoc handling charge of Rs50 per kilogram, excluding t…
#Dnata #ExportCompetitiveness
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Business Recorder
Gold price drops by Rs1,800 per tola in Pakistan
Gold prices in Pakistan decreased on Monday in line with their loss in the international market. In the local market, gold price per tola reached Rs522,762 after a decline of Rs1,800 during the day. Similarly, 10-gram gold was sold at Rs448,184 af…
#GoldPrice #PakistanNews
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Business Recorder
Most Gulf equities deline as Iran conflict fuels regional market uncertainty
Most Gulf stock markets fell in early trading on Monday, led by losses in Dubai as the Iran conflict weighed on investor sentiment and spurred risk aversion across the region. Over the weekend, Trump threatened further strikes on Iran’s Kharg Isla…
#GulfEquities #IranConflict #MiddleEastTensions
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Business Recorder
With Oscar race locked, actresses celebrate backstage anyway
HOLLYWOOD: At an Oscars full of nerve-shreddingly tight races, best actress was one of Sunday night’s few entirely predictable categories. Pundits were – correctly – unanimous that Jessie Buckley would win for her tear-jerking turn as William Shak…
#Oscars #Actresses
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Business Recorder
Israel army says begun ‘limited targeted ground operations’ against Hezbollah in south Lebanon
OCCUPIED JERUSALEM: The Israeli military said on Monday it had begun what it described as “limited ground operations” against Hezbollah in southern Lebanon. Israeli foreign minister denies reports of Lebanon talks, interceptor shortages “In recent…
#IsraelArmy #Hezbollah #Lebanon
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