» TSX extends losses as caution persists ahead of crucial earnings, data
18/11/25 20:13 from Business Recorder - Latest News
Canada’s main stock index fell for a second consecutive session on Tuesday as investors avoided risks ahead of U.S. economic data and earnings from AI bellwether Nvidia. At 09:40 a.m. ET, Toronto’s S&P/TSX composite index was down 0....
» Gulf bourses track global selloff as Fed rate cut hopes fade
18/11/25 19:50 from Business Recorder - Latest News
Most Gulf stock markets slipped on Tuesday, tracking declines in global equities as diminishing odds of an interest rate cut by the U.S. Federal Reserve weighed on sentiment, while investors awaited key government data from the world’s l...
» Broad-based losses drag Sri Lankan shares lower
18/11/25 19:44 from Business Recorder - Latest News
Sri Lankan shares closed lower on Tuesday, dragged down by losses across all sectors except utilities. The CSE All-Share index settled 0.74% lower at 23,051.66 points. Senkadagala Finance and Royal Palms Beach Hotels were the biggest per...
» Temu-owner PDD Holdings beats profit expectations, outlook uncertain
18/11/25 19:39 from Business Recorder - Latest News
China’s PDD Holdings beat forecasts on Tuesday with a 14% rise in third-quarter adjusted earnings, a sign that the e-commerce group’s steep discounts and heavy marketing spending bolstered demand in its home market. Adjusted earnings per...
» Wall Street eyes lower open as valuation concerns, rate-cut jitters linger
18/11/25 19:35 from Business Recorder - Latest News
Wall Street was set to fall at the open on Tuesday, as concerns over lofty equity valuations and dimming chances of an interest rate cut from the Federal Reserve weighed on sentiment, while investors look ahead to Nvidia’s earnings and k...
» Cloudflare says global outage resolved after implementing fix
18/11/25 20:16 from Business Recorder - Latest News
Cloudflare said on Tuesday it had applied a fix after a global outage disrupted access to websites and online services around the world. In an update posted at 7:42pm, the content delivery and DNS provider said it believed the problem ha...
» Zelensky trip to Turkiye aims to ‘re-engage’ US in peace efforts
18/11/25 18:08 from Business Recorder - Latest News
KYIV: President Volodymyr Zelensky will head to Turkiye on Wednesday seeking to revive the United States’ involvement in diplomatic efforts to end the Russian invasion, a Ukrainian official told AFP . Zelensky said he wanted to reinvigor...
» Xiaomi says electric cars and AI now profitable
18/11/25 18:03 from Business Recorder - Latest News
BEIJING: Chinese consumer tech giant Xiaomi said Tuesday its business segment dedicated to innovations including smart electric vehicles and artificial intelligence had turned a quarterly profit for the first time. But the company’s pres...
» Indian police say Maoist leader of worst rebel massacre killed
18/11/25 17:57 from Business Recorder - Latest News
RAIPUR: India’s police said on Tuesday its forces had killed a “dreaded” Maoist rebel commander responsible for one of the deadliest attacks by the guerrillas, along with five other insurgents. New Delhi has vowed to end the decades-long...
» Tri-nation series: Pakistan opt to bowl against Zimbabwe
18/11/25 17:43 from Business Recorder - Latest News
Pakistan won the toss and chose to bowl first against Zimbabwe in their opening match of the T20I Tri-nation series at the Rawalpindi Cricket Stadium on Tuesday. Presenter Bazid Khan says the pitch looks “a little tacky.” “Normally, ther...
» Hasan Nawaz returns to T20I tri-series squad after Samad’s injury
18/11/25 17:33 from Business Recorder - Latest News
Pakistan batter Abdul Samad has been ruled out of the upcoming T20I tri-series after suffering a hand injury during a fielding session in Rawalpindi. According to media reports, the incident occurred on Tuesday evening at the Rawalpindi ...
» Elon Musk’s X down for thousands of US users, Downdetector shows
18/11/25 17:11 from Business Recorder - Latest News
Elon Musk’s X was down for thousands of users in the U.S. on Tuesday, according to outage tracking website Downdetector.com. There were more than 11,500 reports of issues with the social media platform as of 06:41 a.m. ET, according to D...
» India bonds snap 3-day losing streak on bargain buying
18/11/25 17:08 from Business Recorder - Latest News
MUMBAI: Indian government bonds rebounded on Tuesday after declining for three straight sessions, as bargain hunters stepped in, with some traders pointing to possible Reserve Bank of India buying in the secondary market. A drop in U.S. ...
» Google boss warns no company immune if AI bubble bursts
18/11/25 16:51 from Business Recorder - Latest News
SAN FRANCISCO: The head of Google’s parent company Alphabet warned that every company would be impacted if the AI bubble were to burst, in an interview to the BBC . Sundai Pichai acknowledged there was “irrationality” behind the boom in ...
» Amazon, Microsoft cloud services could face tougher EU rules
18/11/25 16:37 from Business Recorder - Latest News
BERLIN: Amazon and Microsoft cloud services could face stricter EU competition rules as Brussels probes their market power, the bloc’s tech chief said Tuesday. Twin investigations aim to assess whether the tech giants “should be designat...
» Trump’s empty chair at G20 summit is opportunity for South African hosts
18/11/25 16:37 from Business Recorder - Latest News
JOHANNESBURG: An empty chair for Donald Trump at the G20 summit offers an opportunity for South African hosts, determined to set an agenda for global leaders in the face of the U.S. president’s hostility to multilateral diplomacy. Washin...
» Pakistan clears Turkish Petroleum Overseas Company-led consortium to operate offshore block
18/11/25 16:25 from Business Recorder - Latest News
KARACHI: Pakistan approved a new offshore exploration consortium on Tuesday, clearing Turkish Petroleum Overseas Company to take over operatorship of the Eastern Offshore Block-C as part of a push to revive drilling, the adviser to the f...
» Japan announces $3.5 million grant to support Pakistan’s anti-polio programme
18/11/25 16:27 from Business Recorder - Latest News
Japan has announced a new US$3.5 million grant to help Pakistan procure essential oral polio vaccines, reinforcing its long-standing support for the country’s polio eradication efforts. The Pakistan Polio Eradication Initiative (PEI), in...
» CCP clears acquisition of Total System by Fidelity Information Services
18/11/25 16:19 from Business Recorder - Latest News
The Competition Commission of Pakistan (CCP) approved on Tuesday the acquisition of Total System Services LLC (TSYS) by Fidelity National Information Services Inc. (FIS) from Global Payments Inc, a CCP statement said. FIS currently provi...
» Pakistan condemns Israeli’s repeated violations against Palestinians
18/11/25 16:15 from Business Recorder - Latest News
Pakistan strongly condemned on Tuesday the continuing violations by the Israeli occupying forces, including repeated storming of the courtyards of Al-Aqsa Mosque, and provocations against worshippers. “Such actions constitute a blatant v...