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Saudi Arabia to provide $4.2-billion support package to Pakistan

The Saudi money will help Pakistan shore up its foreign reserves, which have been shrinking.

Future asks Delhi court to quash Singapore panel's block on asset sale

Amazon has mounted legal challenges against Future's planned asset sale to market leader Reliance Industries since last year, accusing the company of violating certain contracts by doing so

McDonald's sales soar on higher US prices and newer menu items

Stock in the world's largest burger chain rose more than 3% to $244 a share, as U.S. same-store sales grew 9.6% in the third quarter ended Sept. 30, compared with estimates of 8.27%

Bitcoin slips on profit-taking but on track for biggest gain in 8 months

Bitcoin, the world's largest cryptocurrency, fell as much as 3.7% to $58,100, its lowest since Oct. 15

Pakistan Islamists clash with police in row over French cartoons

The clash broke out at a rally of the banned Tehrik-e-Labaik Pakistan (TLP) on a highway in Sheikhupura, just outside the eastern city of Lahore

Adani Ports abandons plans to build container terminal in Myanmar

The company is expected to fully exit the investment in the strife-torn south Asian nation between March and June next year

Crude oil prices decline more than 1% as US stockpiles sap rally

With Brent rising for the past eight weeks and WTI climbing for the past 10 weeks, prices are starting to look overbought, analysts said

Antitrust regulator CCI raids liquor firms in price fixing probe: Report

India has strict regulations for the alcohol sector. Most states individually regulate alcohol pricing and the companies need to submit and get prices approved every year by the local authorities.

Maruti Suzuki profit slides as chip shortage slams production

An estimated 116,000 vehicles could not be produced due to the electronics component shortage

Truecaller revenue more than doubles in first post-IPO earnings report

Truecaller's revenue rose to 312.8 million Swedish crowns ($36.48 million) from 136.5 million crowns a year earlier

Dalian iron ore futures claw back on falling shipments from miners

Benchmark iron ore futures on China's Dalian Commodity Exchange recovered from four consecutive sessions of losses on Tuesday

Apple doubles down on chip strategy with new premium-priced MacBooks

The new 14-inch and 16-inch models start at $1,999 and range up to $6,099 in their most expensive variations

Oil prices pull back as US factory data intensifies demand concerns

Brent crude oil futures settled down 53 cents or 0.6% at $84.33 a barrel after hitting $86.04, their highest since October 2018

S&P, Nasdaq enjoy boost from big tech firms; Dow Jones dips

The S&P 500 gained 15.01 points, or 0.34%, to 4,486.38 and the Nasdaq Composite added 124.47 points, or 0.84%, to 15,021.81

Pakistan's rupee drops to record low on reports IMF tranche talks failed

Last month, Fitch Ratings revised down its forecasts for the Pakistani rupee for both this year and next due to a variety of factors

China's economy stumbles on power crunch and property woes

Q3 GDP grows 4.9% YoY vs 5.2% forecast

Explained: What is the metaverse and who is getting involved?

The idea of the metaverse is attracting a lot of interest from investors and companies

AmEx employees can work from anywhere for up to 4 weeks a year: Memo

American Express Co will allow employees to work from anywhere they want for up to four weeks a year, Chief Executive Officer Stephen Squeri said in a memo to staff on Monday

Buoyed by power crunch, Brent crude oil crosses $86-mark

Brent crude oil futures were up 13 cents, or 0.15 per cent, to $84.73 a barrel at 9.00 pm ist, after hitting $86.04, their highest level since October 2018

RBI says longer policy support is needed for sustained economic recovery

Earlier this month, RBI monetary policy committee kept interest rates steady at record lows and reiterated the need to unwind pandemic-era stimulus only gradually