Olympics is the best place to market yourself and Adidas has identified new sports

Its CEO says it's stupid to be focusing only on the four or five biggest sports

Australia plans to reduce inflow of low-skilled workers, tighten student visa rules

But it is speeding up entry of highly skilled workers and smooth their path to permanent residency

Saudi Arabia could take control of Heathrow

The Kingdom could become the majority owner of Heathrow Airport

US economy added 199,000 jobs in November

Unemployment rate dipped to 3.7pc from 3.9pc

How to provide affordable housing? Here is one of the steps that all govts can take

Australia is tripling fees on foreign purchasers of existing homes

Is Biden backing Argentina's Trump? US offers Milei support on IMF, lithium

Two sides also discussed how the South American nation could benefit from the IRA

X looks to small advertisers after Elon Musk attacks big brands: Report

Its team is testing partnerships with other ad platforms to attract small businesses

Camel milk set to provide sustenance for Saudi Arabia's economic transformation

The Kingdom is currently one of the biggest producers of camel milk

Tesla says California agency implicitly approved of its 'Autopilot' brand

Tesla says California agency implicitly approved of its 'Autopilot' brand

Norway wealth fund pushes Tesla for union recognition, will keep its stake

Norway wealth fund pushes Tesla for union recognition, will keep its stake

India's Modi aims to make GIFT City a centre for sustainable finance

India's Modi aims to make GIFT City a centre for sustainable finance

OPEC members push against including fossil fuels phase-out in COP28 deal

Nations most affected by climate change demand its inclusion

Amazon asks judge to dismiss FTC lawsuit, says no consumer harm shown

The FTC lawsuit was one of four that the Trump and Biden administrations have filed since 2020

The next big thing in retirement benefits might be the oldest: a traditional pension

Defined-benefit pensions still dominant in public sector but have disappeared in the private sector

Bill to shorten Mexico work week delayed till next year amid resistance from businesses

Country has longest working hours as well as lowest labour productivity and lowest salaries OECD

Bold tax move slashes cigarette consumption by historic 20bn sticks

Bold tax move slashes cigarette consumption by historic 20bn sticks

X discusses using Amazon's ad-buying software

X discusses using Amazon's ad-buying software

Ishaq Dar receives delegation from world's leading investment institutions

Ishaq Dar receives delegation from world's leading investment institutions

Unauthorised motorcycle rickshaw manufacturers on Transport Department's radar

Unauthorised motorcycle rickshaw manufacturers on Transport Department's radar

Etihad Town's biggest public event ETC lights up Lahore Dec 9-10

On Dec 9, a car show will take place featuring sports cars, vintage cars, and motorbikes

Weakly inflation up by 1.16pc

Weakly inflation up by 1.16pc

Binance withdraws Abu Dhabi licence bid

Binance withdraws Abu Dhabi licence bid

European shares climb on luxury boost

European shares climb on luxury boost

EU ministers narrow gaps on fiscal rules, eye end-year deal

EU ministers narrow gaps on fiscal rules, eye end-year deal

PSX crosses 66,000 mark on the heels of economic recovery

Dollar sheds value against rupee in interbank

Mobile firms face £3bn claim for overcharging

Millions of consumers could receive payouts

Saudi-Vietnamese Joint Committee explores ways to boost trade

The two nations reviewed the trade volume

PM urges businessmen to capitalise on SIFC, explore opportunities in other regions

PM urges businessmen to capitalise on SIFC, explore opportunities in other regions

Strategy being devised to increase exports: Gohar Ejaz

Strategy being evolved to increase exports: Gohar Ejaz

China oil demand seen peaking by 2030

China oil demand seen peaking by 2030

US IRA is 'cream on top' as Arcadium eyes lithium growth

US IRA is 'cream on top' as Arcadium eyes lithium growth

Indian shares break recent rally to settle lower ahead of RBI policy

Indian shares break recent rally to settle lower ahead of RBI policy

China's push to loosen Mao-era residence rules runs into hurdles

Hukou date back to famines to preventing starving peasants from flocking to better-fed cities

Tobacco giant sees sunset for US cigarette business

The maker of Lucky Strike and Pall Mall cigarettes says its smoking business in US is dying out

Indonesia looks into potential aviation, railway cooperation with Saudi Arabia

The Indonesian minister had highlighted recent urban transportation developments in Saudi cities

G7 to phase in direct, indirect bans of Russian diamonds

G7 to phase in direct, indirect bans of Russian diamonds

India's Ola Electric slashes sales targets ahead of planned IPO

India's Ola Electric slashes sales targets ahead of planned IPO

Canada's trade surplus grows more than expected

Canada's trade surplus grows more than expected

China EV maker Nio to spin off its battery production

China EV maker Nio to spin off its battery production

How would Canada's proposed oil and gas emissions cap work?

How would Canada's proposed oil and gas emissions cap work?

Moody's outlook cut complicates Beijing's 'war' against market bears

Moody's outlook cut complicates Beijing's 'war' against market bears

SBP issues instructions for enabling 'RAAST' Person-to-Merchant service

It will enable merchants to accept payments through different modes including QR Codes

Gold Will Never Die: Young Chinese shun traditional investments in favour of gold

China and India -- world’s top yellow metal buyers -- account for more than half of global demand

India to be world's third-largest economy by 2030: S&P Global Ratings

Says it requires transition to manufacturing-dominated economy from services-dominated one

Russia launches its Mir payment cards in Cuba

Russia launches its Mir payment cards in Cuba

SNGPL asks Ogra to hike gas price by 137.62pc

SNGPL asks Ogra to hike gas price by 137.62pc

SHC moved against govt plan to privatise PIA

Hearing scheduled on December 21

Nepra hikes power tariff by Rs3.07 per unit

Nepra hikes power tariff by Rs3.07 per unit

Small-cap trading on London stock market hit by outages Reuters

Small-cap trading on London stock market hit by outages Reuters

Dollar steady ahead of key job data; yuan weathers China outlook cut

Dollar steady ahead of key job data; yuan weathers China outlook cut

China stocks slump to near five-year low, Moody's changes outlook to negative

China, broader emerging Asia stocks among the most net sold regions by global hedge funds in Nov

Britain announces stricter visa measures to reduce net migration

It aims for 300,000 fewer migrants than last year; Unions raise concern over crackdown on dependents

Why gold is at an all-time high and expected to soar further

Gold prices have climbed 16pc since early October, fueled by economic, political uncertainty

Saudi aviation strategy boosts global connectivity

Strategy encompasses plans to swiftly advance the country’s air transport sector

Women complain of unfulfilled promises to tackle gender disparity

Gender Day was observed at 2023 UN Climate Change Conference in Dubai

Discos, KE deliberately commit malpractices to cover up inefficiencies: Nepra

Discos, KE deliberately commit malpractices to coverup inefficiencies: Nepra

CM Naqvi launches first Business Facilitation Centre in Punjab

CM Naqvi launches first Business Facilitation Centre in Punjab

KSE-100 sets another all-time high amid foreign investment news, rate cut hopes

Market is showing a persistent upward movement after investors shifted their focus to stocks

Dollar on shaky ground, yen grows stronger amid Fed rate cut bets

Australian and New Zealand currencies too moving up

Indonesia wants to introduce local products through stores across Saudi Arabia

There are dozens of Indonesian stores established in various Saudi cities

Pakistan, Saudi Arabia reach consensus on groundbreaking GCC free-trade agreement: minister

Pakistan, Saudi Arabia reach consensus on groundbreaking GCC free-trade agreement: minister

Top development banks quiet on fossil fuel financing, but vow to up climate game

Sign joint statement; Promise to deepen collaboration across multiple themes

US aims to limit China's role in electric cars

Chinese firms currently produce the vast majority of electric car batteries

Indonesia approves delayed Abadi Masela gas revised development plan

Indonesia approves delayed Abadi Masela gas revised development plan

Vietnam to investigate its central bank's handling of credit growth

Vietnam to investigate its central bank's handling of credit growth

Kazakhstan signs deals for 3GW of wind power

Kazakhstan signs deals for 3GW of wind power

UAE says it concludes free trade agreement with Colombia

UAE says it concludes free trade agreement with Colombia

US, allies pressure Liberia, Marshall Islands, Panama over Russia oil sanctions

US, allies pressure Liberia, Marshall Islands, Panama over Russia oil sanctions

US to limit Chinese firms, battery parts from winning EV tax credits

In a win for automakers, the U.S. Treasury will temporarily exempt some trace critical minerals

Weekly inflation goes down by 0.23pc

SPIT was recorded at 308.20 points as compared to 308.90 points during the past week

Asia Gold Record high gold prices add to post-festival lull in India demand

Asia Gold Record high gold prices add to post-festival lull in India demand

Canada's oil province Alberta forecasts increased C$5.5 billion budget surplus

Canada's oil province Alberta forecasts increased C$5.5 billion budget surplus

Canada's Brookfield raises record $28 billion for infrastructure fund

Canada's Brookfield raises record $28 billion for infrastructure fund

National Bank of Canada's fourth-quarter profit jumps on capital markets strength

National Bank of Canada's fourth-quarter profit jumps on capital markets strength

Canada gains 24,900 jobs in November, jobless rate rises to 5.8%

Canada gains 24,900 jobs in November, jobless rate rises to 5.8%

Japan's major union reps set to seek minimum 5% pay rise in 2024

Japan's major union reps set to seek minimum 5% pay rise in 2024

Japan's Iwatani emerges as potential Cosmo white knight with $710 mln share buy

Japan's Iwatani emerges as potential Cosmo white knight with $710 mln share buy

Japan's capital expenditure slows, keeps recession risk intact

Japan's capital expenditure slows, keeps recession risk intact

China, Vietnam consider rail link through rare earths heartland

China, Vietnam consider rail link through rare earths heartland

Morning Bid: December cheer, China fear

Asian markets round out the week on Friday in reasonably good spirits

Global factory activity stays weak, uncertainty on China clouds outlook

To rein in steep inflation, central banks have aggressively raised interest rates

OPEC+ agrees to deepen voluntary oil output cuts

Benchmark global oil prices settled down around 2%, in part because the reductions were voluntary

Govt keeps petrol price unchanged, cuts diesel rate by Rs7 per litre

Govt keeps petrol price unchanged, drops diesel by Rs7 per litre

In China's coal country, full steam ahead with new power plants despite climate pledges

In China's coal country, full steam ahead with new power plants despite climate pledges

Public investors with $4.3 trln are down on China but in on net zero

Public investors with $4.3 trln are down on China but in on net zero

Japan robot maker Yaskawa eyes $200 mln US investment

Japan robot maker Yaskawa eyes $200 mln US investment

BOJ policymaker rules out near-term policy shift

BOJ policymaker rules out near-term policy shift

Japan's Seven and i expands 7-Eleven empire with purchase of Australian franchise

Japan's Seven and i expands 7-Eleven empire with purchase of Australian franchise

India's fiscal deficit at 8.04 trln rupees in April-Oct - govt

India's fiscal deficit at 8.04 trln rupees in April-Oct - govt

India turns to coal as hydro generation falls

India turns to coal as hydro generation falls

Ogra increases LPG price by Rs3.82 per kg

LPG domestic cylinder price jumps to Rs3,077

Inclusion of non-filers to tax net will reduce circular debt: Miftah

Inclusion of non-filers to tax net will reduce circular debt: Miftah

India's oil imports from Russia

India's oil imports from Russia

Oil inches up, all eyes on OPEC+ meeting

Oil inches up, all eyes on OPEC+ meeting

China Evergrande seeks to avoid liquidation with last-ditch debt plan

China Evergrande seeks to avoid liquidation with last-ditch debt plan

China's factories fall deeper into contraction

China's factories fall deeper into contraction

Far-right and ground realities: Half of German companies face labour shortages

Survey coincides with recent polls in the UK show which majority of Britons say Brexit was a mistake

Poverty and livelihood: Leaving Ethiopia in search of better life, returning home with trauma only

The "Eastern Route" is described as one of the most dangerous and complex human migratory routes

Investors bullish on most Asian FX amid likely end to US interest rate hikes

Market participants are betting on prolonged weakness in the US dollar

Asia stocks closing in on strongest month since January

South Korea's KOSPI led the rally with 10.5pc gains, followed by Taiwan’s TWII and Japan's Nikkei

Singapore, Zurich world's most expensive cities: EIU

Geneva and New York tied for third place, while Hong Kong was fifth and Los Angeles in sixth

EU Commission lawyers initially opposed warning Amazon on iRobot deal - sources

The Commission's legal service did not think a statement of objections

A Rs44bn question: IHC stays collection of 40pc windfall tax on banks

Govt move is aimed at taxing the profit earned from foreign exchange transactions in 2021 and 2022

Saudi Arabia extends term for $3bn deposit for one year: SBP

Saudi Arabia extends term for $3bn deposit for one year: SBP

HSBC CEO says bank 'well provisioned' for any further China real estate losses

HSBC CEO says bank 'well provisioned' for any further China real estate losses

Gabon seeks to preempt $1.3 bln sale of Carlyle's oil business

Gabon seeks to preempt $1.3 bln sale of Carlyle's oil business

Russia says bad weather still disrupting Black Sea oil exports

Russia says bad weather still disrupting Black Sea oil exports

Malaysia's Petronas sees lower profitability amid volatile oil and gas prices

Malaysia's Petronas sees lower profitability amid volatile oil and gas prices

BOJ policymaker says premature to debate exit from negative rate policy

BOJ policymaker says premature to debate exit from negative rate policy

Govt initiates probe into income tax records of wealthy class

Govt initiates probe into income tax records of wealthy class

Japan's Nomura to cut risk assets, costs for wholesale business

Japan's Nomura to cut risk assets, costs for wholesale business

India to spend over $141 bln to extend its free food grains program by 5 yrs

India to spend over $141 bln to extend its free food grains program by 5 yrs

India approves new finance panel to suggest sharing of federal taxes

India approves new finance panel to suggest sharing of federal taxes

Saudi Arabia's PIF to buy 10pc stake in Heathrow Airport

Qatar Investment Authority with a 20pc share is among the owners

SIFC under army chief emerges as game changer

Friends of Pakistan are set to invest 60 billion dollars in Pakistan in the near future

Black cab U-turn: Uber to partner with London cabbies after decade of dispute

Black cabs are the only London vehicles which can pick up passengers

Second-hand shopping a $1-bln-plus business for Amazon in Europe

Amazon UK’s total revenue in 2022 was 24 billion pounds

Companies listed at Bombay Stock Exchange are now valued over $4tr

IT companies led the charge on Wednesday with a 1.5pc surge

Apple to end credit card partnership with Goldman Sachs

Apple and Goldman had started to roll out a virtual credit card in 2019

China's Nio teams up with Geely on auto battery swapping

Battery swapping allows drivers to replace depleted packs quickly with fully charged packs

Sri Lanka reaches debt restructuring deal with creditor nations, says govt source

Japan co-chairs the official creditor committee, together with France and India

Rakuten's mobile misadventure: from ambitious plan to millstone

By any measure, cash-bleeding Rakuten Mobile is deeply troubled

El Nino: Australia has 29m cattle, 79m sheep. Slump in prices means their value is halved

Dry weather responsible for the trend amid high interest rates and costs for farmers

KSE-100 Index breaches 61,000 ceiling but ends up in red zone amid profit-taking

Market correction has been on the cards after an unprecedented record-shattering surge

Barcelona raises water bills due to long-running drought

Since September last year, rainfall in Spain has been around 17pc below the 30-year average

Saudi Arabia beats Italy, South Korea to host World Expo 2030

Disappointed Italian representative says it is no longer about the merits, but about transactions

200m Americans went shopping over Thanksgiving holiday weekend

The top presents shoppers bought were toys and gift cards

Fewer black professionals getting crucial first-time promotions, report finds

Efforts to promote young black men and women to management positions slowed in 2022

India to ease capital, disclosure rules for passive funds

India to ease capital, disclosure rules for passive funds

India to step up coking coal shipments from Russia

India to step up coking coal shipments from Russia

Cathay favouring Airbus for widely watched freighter deal

Cathay favouring Airbus for widely watched freighter deal

How China's Shein became a fast-fashion giant

How China's Shein became a fast-fashion giant

WTO agrees dispute panel to review EU import duties on Indonesian biodiesel

WTO agrees dispute panel to review EU import duties on Indonesian biodiesel

Cryptoverse: 'Layer two' tokens enjoy new life as bitcoin soars

All five tokens are down between 16% and 86% from their all-time highs hit over the past two years

Lack of public transport amid population bomb? India vehicle sales climb 19pc in festive season

India and Pakistan have been grappling with the problem amid worsening pollution crisis

Deal-hunters on track to spend record $12 bln in US Cyber Monday shopping spree

The estimate projects U.S. shoppers will spend $12 billion-$12.4 billion on Cyber Monday

Inflation means US deal-hunters on track to spend $12bn in Cyber Monday shopping spree

Retailers offered massive discounts to boost sales by attracting customers

BlackRock Investment Institute cuts developed market stocks to 'neutral'

BlackRock Investment Institute cuts developed market stocks to 'neutral'

Currency clashes sour Russia's oil trade with Asia

Currency clashes sour Russia's oil trade with Asia

China's thermal coal imports jump, crowding out India

China's thermal coal imports jump, crowding out India

Canada banks' quarterly profits seen hit by rising provisions

Canada banks' quarterly profits seen hit by rising provisions

BP enters Japan's power retail market

BP enters Japan's power retail market

Japan, UK discussed global inflation, volatile FX, financial markets

Japan, UK discussed global inflation, volatile FX, financial markets

Record numbers sit for China civil service exam, hoping for job security amid high youth unemployment

Over 3m candidates vying for 39,600 vacancies at central govt agencies and affiliated institutions

India to remain fastest-growing major economy but with uneven urban, rural demand: Reuters poll

GDP growth is forecast to average 6.4pc this fiscal year ending March 31 and 6.3pc in the following

Mine accidents surge as production is ramped in top coal province in China

There has been a string of high-profile accidents despite govt efforts to ensure safety standards

Vietnam to raise effective tax rate on multinationals, may reduce appeal among foreign companies

It has offered 5pc effective rates for years and lengthy zero-tax periods to large foreign investors

A $42bn industry: Indian drugmakers benefit from Big Pharma interest beyond China

India is seeking a bigger foothold in pharmaceutical services sector

Somalia joins East African Community

Joining the regional trade bloc is a "beacon of hope" for Somalia

Nissan to lead £2bn investment in UK electric car plant

The scheme could help preserve the jobs of about 6,000 workers directly

Pakistan's cement exports surge by 40pc in first four months

Pakistan’s cement exports surge by 40pc in first four months

Italian food is loved worldwide, but Italy no country for young chefs

They are frustrated by low pay, lack of labour protection and scant prospects

Portugal's main opposition vows tax cuts, higher pensions, attracting migrants

Snap elections scheduled for Mar 10 after Socialist Prime Minister Antonio Costa resigned on Nov 7

India markets regulator to oversee online platforms offering fraction real estate assets

India markets regulator to oversee online platforms offering fraction real estate assets

India announces phased introduction of biogas blending for domestic use

India announces phased introduction of biogas blending for domestic use

Beijing police launch investigation into troubled wealth manager Zhongzhi

Beijing police launch investigation into troubled wealth manager Zhongzhi

Some migrants are swapping their American Dream for a Mexican Dream

A survey released in July showed 85pc manufacturers in Mexico reported trouble finding workers

Argentina's Milei says shutting central bank 'non-negotiable'

Faces major hurdles to execute his agenda which also include dollarisation, privatisation

Binance CEO Teng braced for uphill battle in post-Zhao era

Teng was quickly appointed CEO this week after Binance's founder Changpeng Zhao pleaded guilty

Amazon hit by strikes, protests across Europe during Black Friday

Amazon hit by strikes, protests in Europe during Black Friday

Ex-Binance CEO Zhao urges judge to allow him to leave US before sentencing

Ex-Binance CEO Zhao urges judge to allow him to leave US before sentencing

Ark Investments sets 0.80% fee for proposed spot bitcoin ETF

Ark Investments sets 0.80% fee for proposed spot bitcoin ETF

Canadian homeowners eye fixed-rate loans in 'higher-for-longer' era

Canadian homeowners eye fixed-rate loans in 'higher-for-longer' era

ECB chief Lagarde admits her son lost crypto cash

ECB chief Lagarde admits her son lost crypto cash

Bank of Spain seeks details on pre-Black Friday payment network crash

Bank of Spain seeks details on pre-Black Friday payment network crash

Thousands of HSBC customers in Britain report mobile banking outages

Thousands of HSBC customers in Britain report mobile banking outages

Polish opposition threatens cenbank independence with tribunal talk

Polish opposition threatens cenbank independence with tribunal talk

Biden's clean energy agenda faces mounting headwinds

Biden's clean energy agenda faces mounting headwinds

UN-led talks weigh goal to reduce aviation emissions thorough less-polluting fuels

UN-led talks weigh goal to reduce aviation emissions thorough less-polluting fuels

India's benchmark indexes saw fourth straight week of gains

India's benchmark indexes saw fourth straight week of gains

Ogra raises RLNG prices

Ogra raises RLNG prices

India set to miss divestment targets by more than half this year

India set to miss divestment targets by more than half this year

Alibaba's Taobao, Tmall cancel Dec 12 shopping festival, to host substitute event

The dates of the new festival were not included in the notice

US dollar appreciates against Pak rupee

The greenback gained 23 paisas in early trade on the last working day of week and went up to 285.50

China hopes Russia will provide policy support to Chinese auto firms - Chinese state media

China will promote Chinese and Russian integration in the automotive industry supply chain

New Zealand's new govt targets RBNZ mandate, Indigenous policies and tax

The coaliation agreement outlines plans to roll back the use of Maori language

Brent retreats ahead of OPEC+ oil production decision

Brent crude futures inched down by 6 cents, or 0.07%, to $81.36 at 0400 GMT

Volume of Apple sales underperforms Huawei, Xiaomi on China's Singles Day - data

The number of Apple smartphones sold declined 4% YoY during two-week sales from Oct. 30 to Nov. 12

PSX sets new record, rises above 59,000 points barrier

At 9:30am on Friday, the index gained 525 points to 59,425 points

Asian shares dragged lower by China, dollar on back foot

Japan's markets returned from a holiday, with Nikkei climbing 1.0% to charge towards a 33-year high

Sri Lanka cuts interest rates to boost growth while waiting for IMF review

Helped by its bailout by the IMF, it is recovering from its worst financial crisis in seven decades

Activist hedge fund TCI joins trek to Abu Dhabi

Activist hedge fund TCI joins trek to Abu Dhabi

Indian shares surrender gains as Cipla tumbles

Indian shares surrender gains as Cipla tumbles

India slows palm oil imports as prices rally

India slows palm oil imports as prices rally

Euro zone business activity fell again in November

Last quarter the economy contracted 0.1pc, official data has shown

KE consumers to be slapped with another Rs1.52 per unit surcharge

It would be applicable from Nov 2023 till Dec 2024

Dr Saif unveils national IT export strategy to increase exports up to $10bn

He said ICT was the only key that open the door to stabilizing and strengthen the country’s economy

Britons face higher energy bills after Ofgem raises price cap

The price cap rise "is a result of the wholesale cost of gas and electricity rising," Ofgem CEO said

Pakistan stock market keeps bullish streak for second successive day

The upward trend in PSX is in anticipation of a deal with the IMF which is expected next month

Asia stocks hold gains as confidence grows on rate outlook

Investors are also looking to Chinese policymakers for clues on possible support

Oil prices fall after OPEC+ postpones meeting

Global crude prices shed more than 5pc following the surprise announcement but stablised a little

GM's Cruise plans small relaunch of driverless robotaxis

Cruise last week paused all supervised and manual car trips in the United States

Hundreds of California jobs at stake if Nasa Mars mission axed

The funding cut would “result in the loss of hundreds of California jobs

Sports betting in 2023 on track to hit $100b

Even Disney is diving into online gambling: Last week it launched ESPN BET

Bank of Canada says rates may be at peak, excess demand now gone

Bank of Canada says rates may be at peak, excess demand now gone

Dollar strengthens after US labour, consumer sentiment data

Dollar strengthens after US labour, consumer sentiment data

South Africa's October inflation rises near top of central bank target

South Africa's October inflation rises near top of central bank target