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Oil prices fall on talks to end Russian invasion of Ukraine

Oil prices fall on talks to end Russian invasion of Ukraine

HOUSTON: Oil prices fell on Tuesday as traders bet that talks over a possible agreement to legitimize or end Russia’s invasion of Ukraine could ease...

yesterday 30

Dawn Business

Reuters

US trade adviser Navarro says India’s Russian crude buying must stop

White House trade adviser Peter Navarro on Monday said India’s purchases of Russian crude were funding Moscow’s war in Ukraine and had to stop....

tuesday 20

Dawn Business

Reuters

Modi’s tax overhaul to strain finances but boost image amid US trade tensions

Modi’s tax overhaul to strain finances but boost image amid US trade tensions

Indian Prime Minister Narendra Modi’s deepest tax cuts in eight years will strain government revenues but are winning praise from businesses and...

18.08.2025 20

Dawn Business

Reuters

Oil seen bearish after Trump-Putin meeting

LONDON: Oil markets are set for a muted price reaction when they open on Sunday after US President Donald Trump’s and Russian leader Vladimir...

18.08.2025 20

Dawn Business

Reuters

US cancels India trade talks

US cancels India trade talks

BENGALURU: A planned visit by US trade negotiators to New Delhi from Aug 25-29 has been cancelled, delaying talks on a proposed bilateral trade...

18.08.2025 30

Dawn Business

Reuters

TCP purchases 55,000 tonnes of sugar

HAMBURG: Pakistan’s state trading agency, TCP, is believed to have purchased about 55,000 tonnes of white sugar in an international tender seeking...

15.08.2025 20

Dawn Business

Reuters

Trump’s tariffs trigger boycott of US products in India

Trump’s tariffs trigger boycott of US products in India

• BJP-linked group takes out countrywide rallies, urging people to boycott American brands • World’s most populous nation is a key market for US...

13.08.2025 20

Dawn Business

Reuters

Pakistan gets offers in 100,000-tonne white sugar tender, traders say

Pakistan gets offers in 100,000-tonne white sugar tender, traders say

The Trading Corporation of Pakistan (TCP) on Monday received offers in its international tender to buy 100,000 tonnes of white sugar, European traders...

12.08.2025 10

Dawn Business

Reuters

India estimates about 55pc of goods exported to US will face Trump tariff

About 55 per cent of India’s merchandise exports to the United States will be subject to the tariff imposed by President Donald Trump’s...

12.08.2025 50

Dawn Business

Reuters

Air India to suspend services to Washington from September

Air India said on Monday that it would stop services between the capital cities of India and the United States from September 1, citing aircraft...

12.08.2025 70

Dawn Business

Reuters

Pakistan gets offers in 100,000 tonnes white sugar tender, traders say

Pakistan gets offers in 100,000 tonnes white sugar tender, traders say

The Trading Corporation of Pakistan (TCP) on Monday received offers in its international tender to buy 100,000 tonnes of white sugar, European traders...

12.08.2025 10

Dawn Business

Reuters

China wants US to relax AI chip-export controls for trade deal: report

China wants US to relax AI chip-export controls for trade deal: report

China wants the United States to ease export controls on chips critical for artificial intelligence as part of a trade deal before a possible summit...

11.08.2025 80

Dawn Business

Reuters

Pakistan Refinery Ltd to buy Nigerian Bonny Light oil from Vitol

Pakistan Refinery Ltd to buy Nigerian Bonny Light oil from Vitol

KARACHI: Pakistan Refinery Ltd will import its first cargo of Nigerian Bonny Light crude from Vitol in September, two sources familiar with the matter...

09.08.2025 20

Dawn Business

Reuters

Trump’s higher tariffs hit major US trading partners, sparking defiance and concern

Trump’s higher tariffs hit major US trading partners, sparking defiance and concern

United States trade partners such as Switzerland, Brazil and India were still scrambling to get a better deal on Thursday as President Donald...

08.08.2025 10

Dawn Business

Reuters

US stuns India with massive tariff as ties hit new low

• Trump slaps another 25pc on New Delhi, taking rate to a whopping 50pc • New import tax to take effect in three weeks, threatens exports worth...

08.08.2025 20

Dawn Business

Reuters

Modi to visit China for first time in 7 years as tensions with US rise

Modi to visit China for first time in 7 years as tensions with US rise

Indian Prime Minister Narendra Modi will visit China for the first time in over seven years, a government source said on Wednesday, in a further sign...

07.08.2025 50

Dawn Business

Reuters

Trump says he will ‘very substantially’ raise tariffs on India in next 24 hours over Russian oil purchases

Trump says he will ‘very substantially’ raise tariffs on India in next 24 hours over Russian oil purchases

United States President Donald Trump on Tuesday said he would increase the tariff charged on imports from India from the current rate of 25 per cent...

06.08.2025 30

Dawn Business

Reuters

Trump says he will ‘very substantially’ raise tariffs on India in next 24 hours over Russian oil purchases

Trump says he will ‘very substantially’ raise tariffs on India in next 24 hours over Russian oil purchases

United States President Donald Trump on Tuesday said he would increase the tariff charged on imports from India from the current rate of 25 per cent...

06.08.2025 3

Dawn Business

Reuters

Trump warns he will ‘substantially’ raise tariffs on India over Russian oil purchases

Trump warns he will ‘substantially’ raise tariffs on India over Russian oil purchases

United States President Donald Trump said on Monday he will substantially raise tariffs on India over its purchases of Russian oil. Trump last week...

05.08.2025 80

Dawn Business

Reuters

Pakistan issues another tender to buy 0.1m tonnes of sugar, traders say

Pakistan issues another tender to buy 0.1m tonnes of sugar, traders say

The Trading Corporation of Pakistan (TCP) has issued a new international tender to purchase 100,000 tonnes of white refined sugar, European traders...

05.08.2025 20

Dawn Business

Reuters

Latest Trump tariffs unlikely to budge, top negotiator says

Latest Trump tariffs unlikely to budge, top negotiator says

The tariffs United States President Donald Trump imposed last week on scores of countries are likely to stay in place rather than be cut as part of...

04.08.2025 20

Dawn Business

Reuters

Latest Trump tariffs unlikely to budge, top negotiator says

Latest Trump tariffs unlikely to budge, top negotiator says

The tariffs United States President Donald Trump imposed last week on scores of countries are likely to stay in place rather than be cut as part of...

04.08.2025 2

Dawn Business

Reuters

India will buy Russian oil despite Trump’s threats, NYT reports

India will buy Russian oil despite Trump’s threats, NYT reports

Indian officials have said they would keep purchasing oil from Russia despite the threat of penalties that United States President Donald Trump said...

03.08.2025 30

Dawn Business

Reuters

US sanctions force vessels with Russian oil to divert from India

US sanctions force vessels with Russian oil to divert from India

NEW DELHI: Two vessels loaded with Russian oil bound for refiners in India have diverted to other destinations following new US sanctions, trade...

03.08.2025 20

Dawn Business

Reuters

India will buy Russian oil despite Trump’s threats, NYT reports

India will buy Russian oil despite Trump’s threats, NYT reports

Indian officials have said they would keep purchasing oil from Russia despite the threat of penalties that United States President Donald Trump said...

03.08.2025 6

Dawn Business

Reuters

US sanctions force vessels with Russian oil to divert from India

US sanctions force vessels with Russian oil to divert from India

NEW DELHI: Two vessels loaded with Russian oil bound for refiners in India have diverted to other destinations following new US sanctions, trade...

03.08.2025 2

Dawn Business

Reuters

Annual inflation accelerates to 4.1pc in July on back of rising food, fuel costs

Annual inflation accelerates to 4.1pc in July on back of rising food, fuel costs

Data from the Pakistan Bureau of Statistics (PBS) on Friday showed that consumer inflation accelerated to 4.1 per cent year-on-year in July, up from...

02.08.2025 60

Dawn Business

Reuters

Annual inflation accelerates to 4.1pc in July on back of rising food, fuel costs

Annual inflation accelerates to 4.1pc in July on back of rising food, fuel costs

Data from the Pakistan Bureau of Statistics (PBS) on Friday showed that consumer inflation accelerated to 4.1 per cent year-on-year in July, up from...

02.08.2025 9

Dawn Business

Reuters

Pakistan to get first US oil shipment as Cnergyico seals import deal

Pakistan to get first US oil shipment as Cnergyico seals import deal

Pakistan’s largest refiner Cnergyico will import 1 million barrels of oil from Vitol in October, its Vice Chairman Usama Qureshi told Reuters on...

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Dawn Business

Reuters

Pakistan to get first US oil shipment as Cnergyico seals import deal

Pakistan to get first US oil shipment as Cnergyico seals import deal

Pakistan’s largest refiner Cnergyico will import 1 million barrels of oil from Vitol in October, its Vice Chairman Usama Qureshi told Reuters on...

02.08.2025 3

Dawn Business

Reuters

Indian state refiners pause Russian oil purchases in wake of Trump warning

Indian state refiners pause Russian oil purchases in wake of Trump warning

Indian state refiners have stopped buying Russian oil in the past week as discounts narrowed this month and United States President Donald Trump...

01.08.2025 20

Dawn Business

Reuters

India PM Modi faces opposition fury after Trump’s 25pc tariff threat

India PM Modi faces opposition fury after Trump’s 25pc tariff threat

Indian opposition parties criticised the government on Thursday, describing US President Donald Trump’s threat of a 25 per cent tariff as a...

01.08.2025 10

Dawn Business

Reuters

IMF nudges up growth forecasts amid risks

IMF nudges up growth forecasts amid risks

WASHINGTON: The In­­ternational Monetary Fund (IMF) on Tuesday raised its global growth forecasts for 2025 and 2026 slightly, citing...

01.08.2025 20

Dawn Business

Reuters

Trump says India to pay 25pc tariff from Aug 1 with additional penalty for Russian energy purchases

Trump says India to pay 25pc tariff from Aug 1 with additional penalty for Russian energy purchases

United States President Donald Trump on Wednesday imposed a 25 per cent tariff on goods imported from India starting August 1, along with an...

01.08.2025 10

Dawn Business

Reuters

Trump says India to pay 25pc tariff from Aug 1 with additional penalty for Russian energy purchases

Trump says India to pay 25pc tariff from Aug 1 with additional penalty for Russian energy purchases

United States President Donald Trump on Wednesday imposed a 25 per cent tariff on goods imported from India starting August 1, along with an...

31.07.2025 20

Dawn Business

Reuters

Trump says India deal not finalised, higher tariffs possible

Trump says India deal not finalised, higher tariffs possible

United States President Donald Trump on Wednesday imposed a 25 per cent tariff on goods imported from India starting August 1, along with an...

31.07.2025 10

Dawn Business

Reuters

IMF nudges up growth forecasts amid risks

IMF nudges up growth forecasts amid risks

WASHINGTON: The In­­ternational Monetary Fund (IMF) on Tuesday raised its global growth forecasts for 2025 and 2026 slightly, citing...

31.07.2025 30

Dawn Business

Reuters

Govt crackdown on black market dollar trade pushes deals online

The government’s crackdown on black market dollar trading has strengthened the rupee, but traders say under-the-counter deals have swiftly shifted...

30.07.2025 40

Dawn Business

Reuters

Country’s July inflation likely to remain at 3.5-4.5pc as price pressures ease: finance ministry

The finance ministry on Monday projected consumer inflation for July to remain in a range of 3.5-4.5 per cent, citing stable prices and improved...

29.07.2025 10

Dawn Business

Reuters

Britain and India sign free trade pact during Modi visit

Britain and India signed a free trade agreement on Thursday during a visit by Indian Prime Minister Narendra Modi, sealing a deal to cut tariffs on...

25.07.2025 20

Dawn Business

Reuters

S&P Global lifts Pakistan’s credit rating ‘B-’ from ‘CCC+’, outlook stable

Ratings agency S&P Global raised Pakistan’s sovereign credit rating to ‘B-’ from ‘CCC ’ and placed it on a ‘stable’ outlook on Thursday,...

25.07.2025 30

Dawn Business

Reuters

China’s BYD to assemble EVs in Pakistan from 2026

Chinese electric vehicle giant BYD plans to roll out its first car assembled in Pakistan by July or August 2026 to capture growing demand for electric...

25.07.2025 80

Dawn Business

Reuters

No bids in sugar tender

HAMBURG: No trading companies were believed to have submitted price offers in the international tender to buy 50,000 tonnes of sugar from Pakistan...

24.07.2025 20

Dawn Business

Reuters

G20 evolves consensus on trade challenges

DURBAN: Finance chiefs of G20 countries were close to agreeing a common position on trade and other global challenges, which would be the first since...

21.07.2025 60

Dawn Business

Reuters

Hubco seeks extension of coal plant guarantees

KARACHI: Hub Power (Hubco), the country’s largest independent power producer, said on Wednesday it was seeking an extension to $51 million in bank...

18.07.2025 20

Dawn Business

Reuters

Bitcoin tops $120,000 for the first time

Bitcoin crossed the $120,000 level for the first time on Monday, marking a milestone for the world’s largest cryptocurrency as investors bet on...

15.07.2025 30

Dawn Business

Reuters

Trump intensifies trade war with 30pc tariffs on EU and Mexico

United States President Donald Trump on Saturday imposed a 30 per cent tariff on imports from Mexico and the European Union beginning on August 1...

13.07.2025 20

Dawn Business

Reuters

Rubio meets China’s Wang amid trade tensions, says good chance of Trump-Xi talks

United States Secretary of State Marco Rubio said on Friday that he had “positive and constructive” talks with Chinese Foreign Minister Wang Yi,...

13.07.2025 10

Dawn Business

Reuters

Pakistan eyes $1 billion valuation in Roosevelt Hotel redevelopment plan, source says

Pakistan is seeking a valuation of at least $1 billion for the Roosevelt Hotel it owns in New York and is ready to part with a minority stake in the...

11.07.2025 20

Dawn Business

Reuters

Nvidia leaps to $4 trillion as Wall Street shakes off tariff concerns

Wall Street’s main indexes climbed higher on Wednesday, with Nvidia soaring to a $4 trillion valuation, while investors shrugged off President...

10.07.2025 10

Dawn Business

Reuters