» 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...
» Palm climbs more than 1% on stronger Chicago soyoil
18/11/25 16:15 from Business Recorder - Latest News
KUALA LUMPUR: Malaysian palm oil futures rose more than 1% on Tuesday, gaining for a fourth straight session, supported by stronger Chicago soyoil prices after China purchased American soybeans. The benchmark palm oil contract for Januar...
» Reliance buys 1 million barrels of crude from Kuwait’s KPC, trade sources say
18/11/25 16:03 from Business Recorder - Latest News
SINGAPORE: India’s Reliance has purchased 1 million barrels of heavy crude from Kuwait Petroleum Corp via a tender, four trade sources said. Last week, KPC issued a tender to sell crude oil that the Al-Zour refinery is unable to process ...
» Indian rupee ends flat as modest inflows counter global risk-off pressure
18/11/25 15:56 from Business Recorder - Latest News
MUMBAI: The Indian rupee ended flat on Tuesday as modest portfolio inflows and intermittent dollar sales from state-run banks helped cushion the impact from weak global equities and regional currencies. The rupee closed at 88.6050 agains...
» India’s stock benchmarks pull back after six-session rise; IT, metals drag
18/11/25 15:53 from Business Recorder - Latest News
India’s equity benchmarks snapped asix-session winning streak on Tuesdaydue to losses in information technology and metal stocks, as investors awaited key U.S. economic data releases that would offer cues on whether the Federal Reserve c...
» India set for record wheat planting as soil moisture and prices rise
18/11/25 15:49 from Business Recorder - Latest News
MUMBAI: Indian farmers are set to expand wheat acreage by about 5% to a record high, aided by higher returns and October’s untimely rains, which improved soil moisture and encouraged a shift from rainfed crops to the cereal, industry off...
» Barkat Frisian Agro sets up subsidiary in Dubai to enhance global presence, exports
18/11/25 15:20 from Business Recorder - Latest News
Barkat Frisian Agro Limited (BFAGRO), a joint venture between the Netherlands’ Frisian Egg Group and Pakistan’s Buksh Group, has established its first international subsidiary in Dubai, United Arab Emirates (UAE) as part of its strategy ...
» ICC fines Babar Azam for code of conduct breach
18/11/25 15:28 from Business Recorder - Latest News
The International Cricket Council (ICC) has fined batting stalwart Babar Azam 10 percent of his match fee after he was found guilty of a Level 1 Code of Conduct breach during the third ODI against Sri Lanka. The 31-year-old has been foun...
» Faisal Rathore takes oath as new AJK prime minister
18/11/25 15:03 from Business Recorder - Latest News
Pakistan Peoples Party (PPP) leader Raja Faisal Rathore has been administered the oath on Tuesday as the prime minister of Azad Jammu and Kashmir, a day after securing the assembly’s support to replace ousted premier Anwarul Haq. Rathore...
» Karachi Port launches Pakistan’s first standardised bunkering operations
18/11/25 14:40 from Business Recorder - Latest News
In a key development on the maritime front, Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Tuesday announced the launch of standardised bunkering operations at Karachi Port for the first time in Pakistan’s histor...
» Aurangzeb holds strategic briefing with Dialog delegation
18/11/25 15:04 from Business Recorder - Latest News
Finance Minister Muhammad Aurangzeb on Tuesday hosted a high-level delegation from Dialog, the global leadership platform founded by Peter Thiel and Auren Hoffman, at the Finance Division. Led by Ambassador Ali Jehangir Siddiqui, the del...
» Govt greenlights key grants for security, defence and structural reforms
18/11/25 13:36 from Business Recorder - Latest News
The Economic Coordination Committee (ECC) of the Cabinet met on Tuesday at the Finance Division under the chairmanship of Finance Minister Muhammad Aurangzeb to consider a range of summaries on national security, defence, food security, ...