Latest News on Business, Finance and Markets from Pakistan

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News

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Iran says Oman meeting aims to boost security cooperation

7+ hour, 14+ min ago   (223+ words) Iran meets Gulf states in Oman to discuss Strait of Hormuz security, aiming to strengthen regional cooperation amid ongoing tensions with the US over the vital waterway. TEHRAN: Iran’s upcoming meeting with Gulf states in Oman on Monday to discuss…...

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brecorder.com > news > 40/43/9291 > trump-says-us-could-stay-in-iran-and-keep-oil-like-venezuela-deal

Trump says US could stay in Iran and keep oil, like Venezuela deal

6+ hour, 15+ min ago   (247+ words) Donald Trump predicted the Iran conflict would end this year, potentially after the U.S. midterms, leading to a significant drop in oil prices, and stated Iran is eager for a deal. DOONBEG: President Donald Trump suggested on Sunday the United States…...

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brecorder.com > news > 40/43/9288 > irans-economic-ties-to-dubai-hard-to-break-despite-war

Iran's economic ties to Dubai hard to break despite war

9+ hour, 37+ min ago   (660+ words) Despite the UAE's announced trade suspension with Iran, informal trade and financial ties persist in Dubai, sustained by a large Iranian community and historical economic interdependence. DUBAI: In the markets of old Dubai, saffron, cumin, pistachios and almonds from Iran…...

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brecorder.com > news > 40/43/9286 > pm-shehbaz-condemns-houthi-attacks-on-saudi-arabia-in-call-with-crown-prince

PM Shehbaz condemns Houthi attacks on Saudi Arabia in call with crown prince

9+ hour, 59+ min ago   (594+ words) PM Shehbaz Sharif condemned Houthi attacks on Saudi Arabia in a call with Crown Prince Mohammed bin Salman, expressing solidarity and discussing regional peace efforts. Prime Minister Muhammad Shehbaz Sharif on Sunday held a telephone conversation with Saudi Crown Prince…...

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Israeli strike kills two people in Gaza, medics say

11+ hour, 46+ min ago   (250+ words) An Israeli airstrike in Gaza killed two Palestinians and wounded 13, with Israel claiming it targeted Hamas militants. This occurred despite a 2025 ceasefire, which both sides accuse each other of violating. CAIRO: An Israeli airstrike on Sunday killed at least two…...

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Philippine ferry fire victims may take months to identify, authorities say

13+ hour, 51+ min ago   (423+ words) Authorities face weeks or months identifying 76 victims of a Philippine ferry fire, with 13 still missing. Investigators are probing the cause of the deadly maritime disaster. CORON: Authorities in ​the Philippines said on Sunday it could take weeks or months to…...

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brecorder.com > news > 40/43/9281 > german-firms-lift-china-investment-as-us-outlays-fall-iw-study-shows

German firms lift China investment as US outlays fall, IW study shows

13+ hour, 47+ min ago   (205+ words) BERLIN: German companies increased investment in China by a third in the first half ​of 2026 while sharply reducing investment in the ‌United States, according to a study by the German Economic Institute (IW) seen by Reuters on Sunday. German firms…...

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brecorder.com > news > 40/43/9278 > russian-drone-attack-injures-five-in-ukraines-odesa-officials-say

Russian drone attack injures five in Ukraine's Odesa, officials say

14+ hour, 4+ min ago   (169+ words) Russian attacks on Odesa wounded five on Sunday, following Saturday's strike that killed two and damaged residential areas, amidst persistent assaults on the port city. KYIV: At least five people were wounded in a Russian ​attack on the Ukrainian city…...

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brecorder.com > news > 40/43/9279 > russian-nuclear-head-says-ukraine-attacked-fuel-trucks-endangered-zaporizhzhia-plant

Russian nuclear head says Ukraine attacked fuel trucks, endangered Zaporizhzhia plant

14+ hour, 1+ min ago   (317+ words) Russia's nuclear chief accuses Ukraine of attacking fuel trucks at the Russian-held Zaporizhzhia nuclear plant, killing two servicemen and endangering nuclear safety. The head of Russia’s state nuclear energy corporation accused Ukraine on Sunday of attacking diesel fuel trucks, killing…...

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OpenAI's Altman won't do IPO this year, calls AI extinction risk 'unacceptable"

16+ hour, 20+ min ago   (524+ words) LOS ANGELES: OpenAI will not go public in 2026, Chief Executive Sam Altman said in remarks published ‌on Saturday, citing safety concerns over artificial intelligence that render “unacceptable” even a 10% risk that AI could cause human extinction by decade’s end. The…...