| Welcome to Global Village Space

Wednesday, November 13, 2024

Bitcoin Hits Record High at $71,500 Amid Growing Investor Interest

Bitcoin surges to a new all-time high of $71,500 fueled by investor interest following the US SEC's approval of spot Bitcoin ETFs.

Government Imposes 25% Sales Tax on Cars Over Rs4 Million

FBR imposes a 25% sales tax on domestically manufactured cars exceeding Rs4 million, impacting the auto industry and consumer affordability.

IMF Ready to Support Pakistan’s Economic Program

IMF stands ready to engage with Pakistan's new government in formulating a new economic program.

Moody’s Upgrades Pakistan’s Banking Sector Outlook

Moody's upgrades Pakistan's banking sector outlook to 'stable', citing improved macroeconomic conditions and fiscal pressures.

Daraz Group Implements Layoffs Amidst Restructuring Efforts”

Daraz Group, owned by Alibaba, implements layoffs across its operations in response to market challenges and aims to enhance sustainability.

OGDCL’s Strong H1 Fiscal Results and Dividend Declaration

OGDCL announces robust financial performance for H1 fiscal year 2023-24, with significant profit, revenue, and dividend declaration.

Bitcoin Surges to Two-Year High, Ether Tops $3,200

Bitcoin hits two-year high amid institutional buying and ETF approval, while ether surpasses $3,200, fueled by market momentum.

US Emerges as Top Global LNG Exporter, Capturing 21% Market Share by 2023

The US solidifies its position as the leading LNG exporter worldwide, commanding a 21% market share by the end of 2023.

Europe’s Gas Consumption Hits 10-Year Low Amid Rising LNG Imports

Europe witnesses a decade-low in gas consumption while boosting LNG imports and diversifying energy sources.

Gov. Raises Fuel Prices Amidst International Market Volatility

The caretaker government raises petrol and high-speed diesel prices amidst international market volatility.

Looming Crisis: Textile Sector’s Plea for Government Intervention

The textile industry faces a dire situation with over 50% of firms at risk of closure due to soaring energy prices.

Chocolate Giants Navigate Price Hikes Amid Surging Cocoa Costs

Hershey and Cadbury makers plan price hikes to offset soaring cocoa prices, as consumer demand softens due to inflation impact.