» ECC approves revised low-cost housing scheme and key infrastructure grants
27/02/26 21:47 from Business Recorder - Latest News
The Economic Coordination Committee (ECC) approved on Friday a low-cost housing scheme that had received over 10,594 loan applications since its launch, according to a Finance Division statement. The ECC of the Cabinet met at the Finance...
» Netflix surges as investors cheer decision to exit Warner Bros race
27/02/26 21:19 from Business Recorder - Latest News
Netflix jumped more than 9% on Friday as investors applauded its decision to exit the race for Warner Bros Discovery, a months-long bidding war with Paramount Skydance for some of Hollywood’s most prized assets. Netflix declined to match...
» Gucci’s Demna presents ‘Primavera’ collection in first fashion show for Italian label
27/02/26 21:14 from Business Recorder - Latest News
MILAN: Gucci’s new creative director Demna presented a collection of legging-pants, seamless mini dresses and shimmering long gowns in his first fashion show for the Italian label, whose French owner Kering bets on a creative reset to re...
» S&P 500, Nasdaq eye biggest monthly fall in a year as AI worries persist
27/02/26 21:07 from Business Recorder - Latest News
Wall Street’s main indexes tumbled on Friday as AI anxiety hammered technology stocks, with the Nasdaq and the S&P 500 on track for their steepest monthly drop since March 2025, while hotter-than-expected inflation data also hit sent...
» Information Minister says Afghan Taliban attackers neutralised, calls regime illegitimate
27/02/26 21:05 from Business Recorder - Latest News
Pakistan’s Information Minister Attaullah Tarar on Friday said the Afghan Taliban regime was “illegitimate” and fully backing terrorists carrying out attacks inside Pakistan. Addressing a press conference, Tarar said Pakistan had the rig...
» PTA proposes end to prepaid mobile balance expiry
27/02/26 20:28 from Business Recorder - Latest News
The Pakistan Telecommunication Authority (PTA) has proposed ending the practice of prepaid mobile balance expiry, suggesting that users’ remaining balance should stay valid for the entire active life of their SIM cards. The proposal, iss...
» Canada PM begins key India visit, seeking to boost trade
27/02/26 19:43 from Business Recorder - Latest News
MUMBAI: Canadian Prime Minister Mark Carney arrived in India on Friday for a visit he hopes will reset ties and double trade, offsetting the damage from his country’s fracturing relations with the United States. Carney’s visit is a key s...
» China urges citizens to evacuate from Iran ‘as soon as possible’
27/02/26 19:35 from Business Recorder - Latest News
BEIJING: China told its citizens on Friday to evacuate from Iran “as soon as possible”, and those in Israel to strengthen preparedness, citing a significant rise in security risks in the Middle East. “Chinese nationals currently in Iran ...
» Duterte killed thousands, ICC prosecutors say
27/02/26 19:31 from Business Recorder - Latest News
THE HAGUE: Rodrigo Duterte killed thousands during his anti-drug campaign, an International Criminal Court prosecutor alleged Friday, as the crimes against humanity hearing against the former Philippines president wrapped up. His defence...
» Pakistan promise final flourish as they await T20 World Cup fate
27/02/26 19:27 from Business Recorder - Latest News
PALLEKELE, SRI LANKA: Fast bowler Salman Mirza vowed on Friday that Pakistan will finish the Super Eights with a flourish against already-eliminated Sri Lanka, whether or not they still have hopes of reaching the semi-finals. Pakistan ne...
» OpenAI’s $110 billion funding round draws investment from Amazon , Nvidia, SoftBank
27/02/26 19:17 from Business Recorder - Latest News
Amazon will invest $50 billion in OpenAI, starting with an initial $15 billion and followed by another $35 billion in the coming months, the companies said on Friday. The investment is part of a massive funding round for OpenAI, which is...
» UAE and Saudi boost oil exports as US-Iran tensions mount, sources say
27/02/26 19:14 from Business Recorder - Latest News
UAE oil producer Abu Dhabi is set to export more of its flagship Murban crude in April, two trade sources said on Friday, adding to signs that top exporters in the Middle East are stepping up supplies just as concern grows that any U.S. ...
» PM Shehbaz briefed on Pak-Afghan situation
27/02/26 17:57 from Business Recorder - Latest News
Prime Minister Shehbaz Sharif visited on Friday the General Headquarters (GHQ), where he was given a detailed briefing by the military leadership on the prevailing Pakistan–Afghanistan situation. Pakistan forces destroyed more than 73 Af...
» Sri Lankan shares settle lower, posts weekly drop
27/02/26 17:28 from Business Recorder - Latest News
Sri Lankan shares closed lower on Friday, as losses in IT stocks countered gains in real estate, before data showed February Colombo consumer prices rose 1.6% year-on-year. The CSE All-Share index settled down 0.2% at 23,734.06, marking ...
» UAE stocks retreat on US-Iran impasse; oil prices jump
27/02/26 17:24 from Business Recorder - Latest News
Stock markets in the United Arab Emirates declined on Friday, as investors took a cautious stance after talks between the U.S. and Iran ended in Geneva with no breakthroughs that could avert potential U.S. strikes amid a massive military...
» Copper hits three-week high, on track for seventh consecutive monthly gain
27/02/26 17:19 from Business Recorder - Latest News
LONDON: Copper prices rose on Friday and were on track for a seventh consecutive month of gains as demand optimism outweighed concerns over stocks piling up in warehouses registered with major exchanges. Benchmark three-month copper on t...
» Indian court throws out alleged corruption case against opposition leader
27/02/26 17:16 from Business Recorder - Latest News
NEW DELHI: An Indian court on Friday declined to proceed with a trial against opposition leader and former Delhi Chief Minister Arvind Kejriwal in an alleged corruption case that his party has labelled as politically motivated. The anti-...
» Indian bond yields end February lower on surplus liquidity
27/02/26 16:59 from Business Recorder - Latest News
MUMBAI: Indian government bond yields fell in February as surplus banking liquidity supported demand ahead of record government borrowing in the next fiscal year, while the yield curve steepened as rates across tenors were impacted by va...
» Indonesia bourse to phase in 15% free-float rule, may batch firms by readiness
27/02/26 16:51 from Business Recorder - Latest News
JAKARTA: The Indonesia Stock Exchange plans to implement in stages an upcoming requirement for companies to double their minimum freely tradable stocks to 15% based on their readiness, its interim chief executive told Reuters on Friday. ...
» Bill Clinton to give private testimony to Congress about Epstein
27/02/26 16:44 from Business Recorder - Latest News
Former President Bill Clinton is due to testify on Friday behind closed doors to a congressional panel about his ties to the late sex offender Jeffrey Epstein, in what could be a tense confrontation between the former Democratic leader a...