Chinese carmaker BYD saw a surge in revenue last year, surpassing the $100 billion mark and beating rival Tesla as the electric vehicle giant accelerates its overseas expansion. The Shenzhen-based firm has emerged in recent years as the clear leader in China’s highly competitive EV market, which is the largest in the world. It is […]
Airbus and Boeing are preparing the aerospace industry for sharp increases in output of the next generation of workhorse jets to some 100 a month each, as they explore lighter plastic materials and robotic assembly, industry sources said. Facing weak supply chains and a potentially lengthy wait for future engine developments, the world’s two largest […]
Ambassador of Turkiye to Pakistan, Irfan Neziroglu, met with Federal Minister for Climate Change and Environmental Coordination, Musadik Malik, on Monday to discuss enhancing bilateral cooperation in forestry and climate change initiatives, with a focus on carbon credit projects. According to a statement, both sides agreed to collaborate on carbon credit-related initiatives and explore global […]
Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan, emphasised on Monday that collaboration with the private sector is essential to addressing large-scale industrial production challenges. During a meeting with Engro Corporation Chairman Hussain Dawood, Khan highlighted the government’s efforts to promote investment and create an enabling environment for industrial growth. […]
Zimbabwean Ambassador Titus MJ Abu Basutu has stressed that the private sector and chambers of commerce of Pakistan and Zimbabwe can play a pivotal role in unlocking new business opportunities to strengthen economic relations and enhance trade volume. “Both countries have abundant trade and investment opportunities and they should capitalise on each other’s strength,” the […]
Kevin Hart and director Tim Story are reuniting for a new comedy film titled 72 Hours, which is set to premiere on Netflix. The project sees Hart playing a 40-year-old executive who tries to salvage his struggling career by joining a group of twenty-somethings on a chaotic three-day bachelor party, after being accidentally included in […]
In a step to fulfill another condition set by the International Monetary Fund (IMF), the government has decided to operationalise the newly established Tax Policy Office by appointing a Director General and five Directors. The Ministry of Finance has invited applications from eligible candidates for these positions. According to official details, the Director General will […]
Karachi is likely to face stronger-than-usual winds on Tuesday and Wednesday, according to the Pakistan Meteorological Department’s Early Warning Centre, Express News reported on Monday. The city’s weather is expected to remain relatively warm during this period. The forecast suggests that the increased wind speeds could cause a slight dip in daytime temperatures. On Monday, […]