Business
Latest stories in this section, ordered by the original publication time from each source.
Nintendo to hike price of gaming console Switch 2, warns on profits amid soaring memory chip prices
Japanese gaming giant Nintendo said on Friday that it will hike the price of its Switch 2 gaming console as memory chip costs soar, warning that net profit would fall 27 per cent this year. Sony — whose PlayStation5 has already risen in price — was more upbeat, projecting a 13pc rise in income but s...
Oil prices rise after US and Iran exchange fire in Hormuz strait
US President Donald Trump says the ceasefire between Washington and Tehran is still in place.
The companies making billions from the Iran war
Through surging profits or soaring share prices, the war has been a boon for some firms.
South East Water boss quits a week after chairman
The boss of South East Water (SEW) has quit just a week after its chairman following demands by MPs for a change of leadership at the struggling utility firm.
UK house price growth halved as Iran war fallout hits housing market
Halifax says cost of typical home fell by 0.1% in April, the second consecutive monthly drop, with pace of annual growth down from 0.8%. to 0.4%Business news – live updates UK house prices fell for a second consecutive month in April, as Halifax halved its estimate for the annual rate of growth owin...
British Airways owner 'confident' on jet fuel supply 'throughout summer'
The owner of British Airways has said it does not expect its services across main markets to be affected by the threat of jet fuel shortages "throughout the summer", as supplies are squeezed by the effects of the US-Iran war.
World Cup fans in China and India face broadcast uncertainty
Broadcasters in the two countries have yet to reach deals with Fifa, just weeks before the tournament is due to start.
How Energy Prices Are Driving Demand for Solar Panels and Heat Pumps
Already having faced an energy crisis five years ago, more European consumers believe they are “one Trump-ignited war away” from crushing costs.
Record 4,082 companies enrolled in Pakistan in April
ISLAMABAD: The number of registered companies in Pakistan is close to the 300,000 benchmark after the record 4,082 firms were incorporated in April. The Securities and Exchange Commission of Pakistan (SECP) has announced that the number of registered companies in Pakistan has reached 294,101. The SE...
Battery storage system is missing link in Pakistan’s solar revolution, experts say
https://www.dawn.com/news/1998548
Bulls extend winning streak for fourth session
KARACHI: As international oil prices continued their downward movement amid ongoing Middle East de-escalation talks, bulls managed to tighten their grip over the market for the fourth straight session despite a volatile start at the Pakistan Stock Exchange (PSX) on Thursday. The market drew its stre...
SBP reserves rise by $23m to $15.85bn despite external payment pressures
https://www.dawn.com/news/1998523
Lahore Chamber of Commerce and Industry seeks cut in business costs
BLAHORE: Finance Minister Muhammad Aurangzeb announced that the digitisation initiatives within the Federal Board of Revenue (FBR) are being enhanced through Pakistan Revenue Automation Ltd (PRAL). According to the Lahore Chamber of Commerce and Industry (LCCI), the finance minister, in a meeting wi...
IMF warns of ‘inevitable’ AI cyber threats
WASHINGTON: The International Monetary Fund (IMF) warned on Thursday of the risks to global financial stability posed by cyberattacks powered by advanced artificial intelligence tools, calling for greater international cooperation on the issue. “IMF analysis suggests that extreme cyber-incident loss...
Instagram privacy tech is turned off today - what does this mean for your DMs?
The platform said it would remove end-to-end encrypted messages, a major U‑turn by parent company Meta.
Multiple snack mixes recalled, including Target product, over risk of salmonella contamination
John B. Sanfilippo & Son recalls certain Fisher, Squirrel Brand and Good & Gather snack mixes over possible salmonella contamination concerns.
Trade Court Rules Trump’s 10% Global Tariff Is Illegal
A panel of federal judges found that President Trump could not legally impose the tariff on most imports.
Trump gives EU ultimatum deadline to approve trade deal with US
Trump's deadline to the European Union came as a trade court ruled his global tariff policy violated US law.
Ford, Carhartt double down on American workers with new truck, small business push
Ford Motor Company and Carhartt launch a broad collaboration spotlighting the "essential economy," including a new co-developed Super Duty pickup truck.
McDonald’s, Burger King and Taco Bell Report Strong Sales Amid Rising Consumer Costs
A 35 percent rise in gas prices didn’t dampen demand at restaurants like McDonald’s, Burger King and Taco Bell, which reported increased sales.
LARRY KUDLOW: Unconditional deadlines should be the next Iranian step
Why stop now? Why not finish the job?
NYC real estate titan compares ‘tax the rich’ slogan to ‘disgusting racial slurs’ amid Mamdani clash
Steven Roth says "tax the rich" can be just as hateful as racial slurs, escalating the rift between NYC's wealthiest leaders and Mayor Zohran Mamdani.
Unmasking a decade-long insider trading scheme that led to 30 charges, 19 arrests
Federal prosecutors charge 30 people in a sweeping insider trading scheme in which attorneys allegedly exploited access to confidential merger information.
Morrisons supermarket in Wales fined £750k for dirty bakery
A judge said the case was not about a few rogue employees but showed serious and systemic failure.