» ECB's Makhlouf concerned energy prices may stay higher for longer
01/05/26 16:38 from Business Recorder - Latest News
DUBLIN: European Central Bank Governing Council member Gabriel Makhlouf said he is concerned that energy prices may stay higher for longer without a clear timeline for the end of Middle East conflict and will be watching closely for knoc...
» Ukrainian drones spark new blaze at Russian port of Tuapse
01/05/26 16:34 from Business Recorder - Latest News
A Ukrainian drone strike sparked a fire at Russia’s Black Sea port of Tuapse on Friday, local officials said, as residents complained of an environmental catastrophe and demanded more help from Moscow. Ukraine’s drone forces commander co...
» India to see above-average number of heatwave days in May as energy demand surges
01/05/26 16:21 from Business Recorder - Latest News
MUMBAI: Many Indian states are likely to witness an above-average number of heatwave days in May, the weather office said on Friday, as India continues to experience higher-than-average temperatures that are pushing energy demand to a re...
» Pakistan Navy’s Hangor-Class submarines: a new era of maritime deterrence
01/05/26 16:20 from Business Recorder - Latest News
On 30 April 2026, Pakistan Navy commissioned its first Hangor-class submarine at Sanya, China, marking a watershed moment in the nation’s maritime defence. Built under a landmark agreement with China, the Hangor-class program will delive...
» Pakistan inflation returns to double digits at 10.9% in April 2026
01/05/26 15:18 from Business Recorder - Latest News
Headline Inflation YoY Headline Inflation YoY Chart.register(ChartDataLabels); var ctx = document.getElementById('inflationChart').getContext('2d'); var inflationChart = new Chart(ctx, { type: 'bar', data: { labels: ["Jan-24", "Feb-24", ...
» New Zealand's Santner out for a month with shoulder injury
01/05/26 14:45 from Business Recorder - Latest News
Mitchell Santner has been sidelined for a month by an injury to his left shoulder, New Zealand’s cricket board (NZC) announced on Friday. Santner sustained the injury while fielding for the Mumbai Indians in their Indian Premier Leag...
» Load management ends in Pakistan as LNG supply stabilises system: Leghari
01/05/26 14:44 from Business Recorder - Latest News
Federal Minister for Power Awais Ahmed Khan Leghari on Friday announced the end of load management across the country following the arrival of LNG cargo, saying the improved fuel supply has restored stability to the power system. In a vi...
» Oscar statuette for 'Mr. Nobody Against Putin' goes missing on flight
01/05/26 14:22 from Business Recorder - Latest News
LONDON: The Oscar statuette belonging to Pavel Talankin, the Russian director who won best documentary this year for ‘Mr. Nobody Against Putin’, has gone missing after he was forced to check the award into hold luggage on a flight from...
» 'Foundation of economy': President Zardari, PM Shehbaz pay tribute to workers
01/05/26 14:11 from Business Recorder - Latest News
President Asif Ali Zardari and Prime Minister Shehbaz Sharif termed the labour force of Pakistan the “backbone” of society. On International Labour Day, the president and the PM issued separate messages to mark the occasion. The presiden...
» Ericsson pitches 5G, AI as drivers of Pakistan’s growth
01/05/26 13:54 from Business Recorder - Latest News
Ericsson, a Swedish telecom, positioned 5G and AI-enabled connectivity as a key driver of Pakistan’s economic growth and investment attractiveness at the inaugural EU–Pakistan Business Forum 2026, while urging policy reforms to unlock la...
» Pakistan, China sign deals on machinery, vaccines, medical tech
01/05/26 12:24 from Business Recorder - Latest News
Pakistan and China signed on Friday a joint venture agreement and two Memorandum of Understanding (MoUs) on construction machinery, animal vaccines and medical technology. The signing was witnessed by President Asif Ali Zardari. In a sta...
» Britney Spears charged with one misdemeanor in DUI case
01/05/26 11:50 from Business Recorder - Latest News
LOS ANGELES: Pop singer Britney Spears was charged on Thursday with one misdemeanor count of driving under the influence of alcohol or drugs after she was arrested near her California home in March. Spears, 44, will be offered the chan...
» India collects 2.43 trillion rupees in goods and services tax in April
01/05/26 11:46 from Business Recorder - Latest News
NEW DELHI: India collected 2.43 trillion rupees ($25.61 billion) in goods and services tax in April, a rise of 8.7% from last year, the government said in a statement on Friday.
» NatWest's first-quarter profit rises 12%, takes Iran war provision
01/05/26 11:36 from Business Recorder - Latest News
LONDON: NatWest reported its first quarter profit rose 12% year-on-year on Friday, as the British lender grew lending income while taking a modest charge against potential losses from the economic impact of the Iran war. The bank said ...
» Psychologist in Maradona death trial says star had bipolar disorder, was narcissist
01/05/26 11:19 from Business Recorder - Latest News
A psychologist charged in the trial over Diego Maradona’s death told an Argentine court on Thursday that the soccer great had bipolar disorder and was a narcissist, and required a zero-alcohol treatment plan, Argentine media reported. ...
» Japanese tennis trailblazer Nishikori to retire at end of season
01/05/26 11:16 from Business Recorder - Latest News
Kei Nishikori will hang up his racquet at the end of the 2026 season, the 36-year-old said on Friday, bringing down the curtain on a professional career that saw him break new ground for Japanese tennis. Nishikori became the first Japa...
» Andreeva fends off Baptiste challenge to reach Madrid Open tennis final
01/05/26 11:14 from Business Recorder - Latest News
MADRID: A disciplined Mirra Andreeva saw off a late challenge from Hailey Baptiste to prevail 6-4 7-6(8) in a battle of nerves on Thursday to reach the final of the Madrid Open. Andreeva, who turned 19 on Wednesday, will face Marta Kost...
» Standard Chartered sees ECB hiking rates in June
01/05/26 11:11 from Business Recorder - Latest News
Standard Chartered expects the European Central Bank (ECB) to deliver a 25 basis point rate hike in its June meeting, compared to its previous forecast of steady rates through 2026, following hawkish remarks from policymakers, it...
» Holder brings 'sprinkling of stardust' as Gujarat beat RCB
01/05/26 11:07 from Business Recorder - Latest News
Jason Holder’s display in Gujarat Titans’ four-wicket IPL win over champions Royal Challengers Bengaluru was exactly what the team was looking for when they bought the West Indies international, director of cricket Vikram Solanki said....
» After charming Trump, King Charles gets Appalachian welcome then heads to Bermuda
01/05/26 11:04 from Business Recorder - Latest News
FRONT ROYAL: Britain’s King Charles and Queen Camilla wrapped up their four-day state visit to the U.S. on Thursday with a quick stop by the White House to bid farewell to President Donald Trump , having already charmed him at a formal...