» US airlines cancel over 1,000 flights due to Northeast winter storm warnings
27/12/25 00:03 from Business Recorder - Latest News
Airlines in the United States have canceled or delayed thousands of flights during peak holiday travel on Friday due to severe winter storm warnings, according to flight tracking website FlightAware. A total of 1,139 flights were cancele...
» Fuel shortage forces Gaza hospital to suspend most services
26/12/25 20:46 from Business Recorder - Latest News
KHAN YUNIS: A major Gaza hospital said Friday it had suspended several services because of critical fuel shortages in the devastated Palestinian territory, which faces a severe humanitarian crisis. Ravaged by more than two years of war, ...
» Five terrorists killed in intelligence-based operation in Balochistan: ISPR
26/12/25 20:45 from Business Recorder - Latest News
Security forces killed five Indian-sponsored terrorists during an intelligence-based operation in Kohlu district of Balochistan, the military’s media wing said on Friday. According to the Inter-Services Public Relations (ISPR), the opera...
» Despite rising fintech adoption, reliability concerns weigh on Pakistan’s digital payments ecosystem
26/12/25 23:15 from Business Recorder - Latest News
Despite rapid growth in fintech adoption, Pakistan’s digital payments ecosystem continues to lag, as frequent card transaction failures and restrictions on international payments undermine user confidence, according to sector experts. Bu...
» US stocks rise further into record territory
26/12/25 20:02 from Business Recorder - Latest News
NEW YORK: Wall Street stocks edged higher early Friday, pushing major indices further into record territory as markets eyed a benign finale to the 2025 trading season. Trading volumes were expected to be light following Thursday’s Christ...
» India’s Coforge to acquire Encora in $2.35 billion deal to boost AI offerings
26/12/25 18:52 from Business Recorder - Latest News
Indian IT services provider Coforge said on Friday it would acquire artificial intelligence firm Encora at an enterprise value of $2.35 billion to boost its in-house AI capabilities and expand its presence in the U.S. and Latin America. ...
» SBP-held foreign exchange reserves rise to $15.9bn
26/12/25 18:30 from Business Recorder - Latest News
Pakistan’s liquid foreign exchange reserves stood at $21.022 billion as of December 19, 2025, with reserves held by the State Bank of Pakistan (SBP) accounting for $15.903 billion, according to data released by the central bank on Friday...
» Indian rupee falls on week as merchant, NDF dollar bids erode intervention boost
26/12/25 17:21 from Business Recorder - Latest News
MUMBAI: The Indian rupee ended a tad lower on Friday and posted a weekly loss, as steady dollar demand from corporates and in the non-deliverable forwards market chipped away at gains fuelled by aggressive central bank intervention. The ...
» Indian stock benchmarks trim weekly gains on profit taking, thin year-end trade
26/12/25 17:19 from Business Recorder - Latest News
Indian equities eased on Friday as investors locked in gains near record highs, with thin year-end participation and persistent foreign selling keeping risk appetite in check. The Nifty 50 index fell 0.38% to 26,042.3, while the BSE Sens...
» Customs in Karachi intercepts smuggled mobile phones worth Rs62mn
26/12/25 17:04 from Business Recorder - Latest News
The Anti-Smuggling Organization (ASO) of Collectorate of Customs Enforcement, Karachi, successfully intercepted a consignment of smuggled mobile phones worth approximately Rs62 million during an intelligence-based operation. As per the F...
» Gold per tola gains Rs500 in Pakistan
26/12/25 14:58 from Business Recorder - Latest News
Gold prices in Pakistan increased on Friday in line with their gain in the international market. In the local market, gold price per tola reached Rs473,362 after a gain of Rs5,00 during the day. Similarly, 10-gram gold was sold at Rs405,...
» Pakistan receives China’s third humanitarian aid shipment for flood-affectees
26/12/25 14:36 from Business Recorder - Latest News
The National Disaster Management Authority (NDMA) has received third consignment of humanitarian assistance from China for flood-affected communities in Pakistan. The shipment marks the continuation of China’s humanitarian support. It in...
» Out of 200 ‘disappeared medicines’, 80% are back on shelves, says pharma association
26/12/25 14:17 from Business Recorder - Latest News
More than 80% of ’disappeared medicines’ are back in production and in retail markets in the past 22 months in Pakistan, overcoming a drug shortage crisis that had plagued the country, Pakistan Pharmaceutical Manufacturers Association (P...
» PM Shehbaz, UAE president call for expanding bilateral investment, economic cooperation
26/12/25 23:14 from Business Recorder - Latest News
Prime Minister Muhammad Shehbaz Sharif and United Arab Emirates (UAE) President and Ruler of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan on Friday underscored the importance of expanding collaboration in economic cooperation, investment...
» Dewan Farooque Motors appoints CEO and chairman
26/12/25 23:15 from Business Recorder - Latest News
Dewan Farooque Motors Limited (DFML) has appointed Ghazanfar Baber Siddiqi as Chairman of the Board of Directors and Waseem-ul-Haque Ansari as Chief Executive Officer (CEO), effective Friday, December 26, 2025. The listed auto assembler ...
» Dynea Pakistan expands wind project in Balochistan
26/12/25 13:33 from Business Recorder - Latest News
The Board of Directors of Dynea Pakistan Limited, a chemicals manufacturer, has approved the installation of a 2.5MW wind power project at Hub, Balochistan, replacing the earlier planned 1.1MW facility . The development comes as companie...
» Ukraine’s Zelenskyy says to meet Trump in ‘near future’
26/12/25 13:33 from Business Recorder - Latest News
KYIV: Ukrainian President Volodymyr Zelenskyy said on Friday that he would soon meet US leader Donald Trump , as part of efforts to end the Russian invasion. “We have agreed on a meeting at the highest level – with President Trump in the...
» Is eonomic growth in Pakistan translating into upward mobility for ordinary households?
26/12/25 13:32 from Business Recorder - Latest News
As the year comes to a close, Pakistan’s economic performance is once again being assessed through familiar indicators: inflation trends, exchange rate stability, and movements in the Pakistan Stock Exchange. These benchmarks are importa...
» Taylor Fritz, Coco Gauff lead US’s defence of United Cup title
26/12/25 12:29 from Business Recorder - Latest News
Third-ranked Coco Gauff and sixth-ranked Taylor Fritz will team up again as the United States defends its championship at the United Cup next week in Australia. The only combined ATP and WTA team event will kick off the 2026 tennis seaso...
» Turkiye orders 29 more detained in widening betting probe
26/12/25 12:23 from Business Recorder - Latest News
ANKARA: Prosecutors ordered the detention of 29 more people in a probe into betting in professional Turkish soccer with a former Galatasaray executive among those detained, broadcaster NTV and other media said on Friday. Citing a stateme...