Business Recorder
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Business Recorder
Karachi braces for wet spell as PMD forecasts rain, hailstorm across Sindh
The Pakistan Meteorological Department (PMD) on Monday forecast rain and thunderstorm in Karachi and several other districts of Sindh as a fresh westerly wave is expected to enter the western regions of the country on Tuesday (tomorrow). As per th…
#Karachi #Sindh #Rain #Hailstorm
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Business Recorder
Iran still to play in World Cup says Asian football body
KUALA LUMPUR: The Iranian men’s football team is still planning to play in the upcoming World Cup in North America, Asian football officials said Monday, despite a warning that they may be at risk. President Donald Trump warned the team on Thursda…
#Iran #WorldCup
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Business Recorder
Taiwan tech giant Foxconn posts 24% jump in annual net profit
TAIPEI: Taiwan’s Foxconn said Monday its annual net profit jumped 24 percent year-on-year as demand surges for its artificial intelligence servers. The world’s largest contract electronics manufacturer – also known by its official name Hon Hai Pre…
#Foxconn
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Business Recorder
Five top moments from the Oscars
HOLLYWOOD: This year’s Oscars saw “One Battle After Another” cap its outstanding awards season by taking home the night’s top prize for best picture, as “Sinners” also won big. It was a particularly competitive night rife with impressive performan…
#Oscars
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Business Recorder
Shadman Cotton Mills reappoints CEO, chairman
Shadman Cotton Mills Limited (SHCM) announced on Monday key appointments. The mills shared the information in a notice to the Pakistan Stock Exchange (PSX) today. It said that Shahid Mazhar was reappointed as Chief Executive Officer, while Ghazala…
#ShadmanCottonMills
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Business Recorder
Copper falls as higher oil prices stoke inflation fears
Copper fell on Monday as elevated oil prices fuelled inflation concerns, supporting the US dollar and dampening expectations for rate cuts by the Federal Reserve. The most-active copper contract on the Shanghai Futures Exchange declined 1.28% to 9…
#Copper #OilStocks
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Business Recorder
Warner Bros’ Oscar triumph a bittersweet moment as Paramount deal looms
LOS ANGELES: Warner Bros emerged as the biggest winner at the Academy Awards on Sunday, though the mood was clouded by its pending $110 billion sale to Paramount Skydance , a deal reshaping Hollywood’s studio landscape. The studio received 11 Osca…
#WarnerBros #Oscars #Paramount
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Business Recorder
Trump demands others help secure Strait of Hormuz, Japan and Australia say no plans to send ships
TOKYO/PALM BEACH: Japan and Australia said on Monday they were not planning to send navy vessels to the Middle East to escort ships through the Strait of Hormuz , after US President Donald Trump called on allies to create a coalition to reopen the…
#Trump #Hormuz #Australia #Japan
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Business Recorder
‘One Battle After Another’ takes best picture at the Oscars
LOS ANGELES: The darkly comic thriller “One Battle After Another” won best picture at the Academy Awards, leading a haul of six trophies on a Sunday night when Hollywood handed its top movie honors to unconventional stories. The offbeat tale of po…
#Oscars #BestPicture #FilmAwards
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Business Recorder
Pakistan-based IT co lands $1.23mn contract with Australian utility
Pakistan-based IT company, Itanz Technologies Limited , has secured an international contract worth AU$1.75 million (USD 1.23 million) with Icon Water Limited, the largest water utility in the Australian Capital Territory. The company disclosed th…
#Australia #ITContract #BusinessDeal
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