» Abbott faces India scrutiny in cough syrup abuse investigation, documents show
23/01/26 18:59 from Business Recorder - Latest News
GHAZIABAD, INDIA: Indian drugmaker Abbott Healthcare’s supply chain is being scrutinised as part of a wider investigation into the alleged misuse of its codeine-based cough syrup which is prone to abuse by addicts, documents show. Abbott...
» Germany says doubts Russia will compromise on Ukraine in UAE talks
23/01/26 18:52 from Business Recorder - Latest News
BERLIN: Germany expressed doubts that Moscow would be willing to compromise to end the Ukraine war at talks to be held in the UAE Friday between Ukrainian, Russian and US envoys. “There are still major questions about the extent to which...
» More Europeans see Trump as ‘enemy’ than ‘friend’: survey
23/01/26 18:45 from Business Recorder - Latest News
PARIS: A half of Europeans surveyed in seven EU countries view US President Donald Trump as an “enemy of Europe”, according to a poll published Friday. Fifty-one percent view Trump as an “enemy of Europe”, while just eight percent consid...
» Global LNG: Asia spot prices rise to nine-week top on lower winter temperatures
23/01/26 18:27 from Business Recorder - Latest News
SINGAPORE: Asia spot liquefied natural gas rose for a second week to hit a nine-week high, as lower winter temperatures across the northern hemisphere lifted heating demand. The average LNG price for March delivery into Northeast Asia wa...
» India’s forex reserves rise to above $700 billion on FX swap, gold rally
23/01/26 18:22 from Business Recorder - Latest News
MUMBAI: India’s foreign exchange reserves rose to $701.36 billion as of January 16, compared with $687.19 billion a week earlier, the Reserve Bank of India said on Friday. Reserves rose to above $700 billion for the first time since Octo...
» India’s IndusInd Bank returns to quarterly profit as costs ebb
23/01/26 18:13 from Business Recorder - Latest News
Indian private lender IndusInd Bank posted a third-quarter profit on Friday, helped by lower expenses and a drop in provisions from the previous quarter when it reported a loss. The bank’s profit fell nearly 90% to 1.61 billion rupees ($...
» UAE markets dip on renewed geopolitical jitters
23/01/26 18:10 from Business Recorder - Latest News
Stock markets in the United Arab Emirates closed lower on Friday, with Dubai pulled down by weakness in utilities and financial shares after U.S. President Donald Trump renewed threats against Iran. President Donald Trump said on Thursda...
» Sri Lankan shares post third-straight session of gains, extend weekly winning run
23/01/26 18:01 from Business Recorder - Latest News
Sri Lankan shares closed higher for a third straight session on Friday, led by financial and industrial stocks, and extended their weekly winning run to four. The CSE All-Share index rose 0.6% to 23,956.51. The index posted gains of near...
» India seeks to boost manufacturing, hit $1.3trln in exports through deregulation, sources say
23/01/26 17:58 from Business Recorder - Latest News
NEW DELHI: India will seek to triple the nation’s exports by 2035 by boosting manufacturing through structural changes rather than with hefty spending, according to two government officials. In Prime Minister Narendra Modi’s third such a...
» More rain, snowfall expected in country from Sunday to Tuesday: PMD
23/01/26 18:13 from Business Recorder - Latest News
More rain and snowfall are expected to hit the country from Sunday night to Tuesday, as a westerly wave is likely to approach country’s western parts on January 25, the Pakistan Meteorological Department (PMD) said, adding that the new w...
» India antitrust probe links Tata, JSW to steel cartel via WhatsApp chats, production data
23/01/26 17:51 from Business Recorder - Latest News
NEW DELHI: Four major Indian steelmakers - Tata Steel, JSW Steel and state-run SAIL and RINL - disclosed their pricing plans to rivals and coordinated production cuts to reduce supplies, an antitrust investigation report seen by Reuters ...
» Sindh CM announces compensation, loans, and rebuilding of Gul Plaza after fire
23/01/26 17:51 from Business Recorder - Latest News
Sindh Chief Minister Murad Ali Shah on Friday announced a relief, compensation, and reconstruction package for victims of the deadly Gul Plaza fire, acknowledging negligence and vowing accountability through a formal inquiry. Speaking on...
» India says state-run BPCL to sign $780 million oil deal with Brazil’s Petrobras
23/01/26 17:44 from Business Recorder - Latest News
NEW DELHI: India’s Bharat Petroleum Corp Ltd will buy 12 million oil barrels for $780 million from Brazil’s Petrobas in fiscal 2027, twice the size of its 2026 contract, to partly replace Russian oil, a government statement said on Frida...
» DAVOS 26: World order changing, not rupturing, finance chiefs say
23/01/26 17:40 from Business Recorder - Latest News
DAVOS: The world order is changing but not enduring a rupture, finance leaders said on Friday, pushing back on Canadian Prime Minister Mark Carney’s narrative that a new order, driven by major power coercion, was taking shape. In his spe...
» Copper climbs amid weak dollar
23/01/26 17:32 from Business Recorder - Latest News
LONDON: Copper prices rose on Friday, getting support from a weaker dollar, growth in other metals and setting aside for now signs of rising stock availability for nearby supply. The benchmark three-month copper on the London Metal Excha...
» Palm falls on profit-taking, still logs third straight weekly gain
23/01/26 17:29 from Business Recorder - Latest News
KUALA LUMPUR: Malaysian palm oil futures slipped on Friday, pressured by profit-taking and the ringgit’s strength, but still logged a third consecutive weekly gain. The benchmark palm oil contract for April delivery on the Bursa Malaysia...
» Indian rupee sinks to all-time low, logs steepest weekly fall in 6 months on outflows, hedging
23/01/26 17:27 from Business Recorder - Latest News
MUMBAI: The Indian rupee fell to a record low on Friday and posted its steepest weekly decline in six months, weighed by sustained foreign outflows and hedging by importers. The Indian rupee came within a hair’s breadth of the 92.00 leve...
» India’s Nifty 50 logs steepest weekly drop in four months on tepid earnings, foreign outflows
23/01/26 17:23 from Business Recorder - Latest News
Indian shares fell on Friday and posted weekly losses as sustained foreign outflows and a mixed earnings season outweighed relief from easing geopolitical tensions linked to Greenland. The Nifty 50 fell 0.95% to 25,048.65, while the BSE ...
» Babar Azam, Shaheen return as Pakistan unveil T20I squad for Australia series
23/01/26 15:43 from Business Recorder - Latest News
The Pakistan Cricket Board (PCB) has named a 16-member squad for the upcoming three-match T20I series against Australia at the Gaddafi Stadium, Lahore. The matches will take place on January 29, 31 and February 1 and will begin at 4pm. B...
» DAVOS 26: Pakistan, Saudi Arabia strengthen economic & bilateral ties
23/01/26 16:29 from Business Recorder - Latest News
Pakistan’s Finance Minister, Muhammad Aurangzeb, met with Saudi Arabia’s Investment Minister, Khalid Al-Falih, on the sidelines of the World Economic Forum (WEF) in Davos, to review ongoing projects and explore ways to deepen economic an...