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Spending cuts to hit growth, warns Fitch
ISLAMABAD: Fitch Ratings on Tuesday warned that spending cuts stronger than anticipated, particularly the continued compression in capital expenditure, could weigh on medium-term growth prospects. In its review of the federal budget 2026-27, Fitch said Pakistan was maintaining a clear commitment to fiscal discipline under the International Monetary Fund programme by targeting a primary surplus of 2pc of GDP and an overall deficit of 3.6pc of GDP. This follows a strong FY26 performance, with a pr...
The loss of iconic craft chain Lincraft sparks warning about Australia's 'dying' DIY retail industry
The loss of iconic craft chain Lincraft sparks warning about Australia's 'dying' DIY retail industryLincraft to close Australian storesRetail guru says it is a warning for the DIY sector READ MORE: Popular Australian online fashion outlet The DOM vanishes See more Daily Mail on Google - save us as a Preferred SourceBy SARAH BROOKES - SENIOR REPORTER, AUSTRALIA Published: 03:44, 17 June 2026 | Updated: 03:45, 17 June 2026 e-mail View comments
BUDGET 2026-27: Auto sector row rocks Senate body
ISLAMABAD: A parliamentary committee on Tuesday witnessed heated exchanges over alleged irregularities in the automobile sector, while recommending relief for exporters, tariff reforms and a review of electricity fixed charges. The Senate Standing Committee on Finance and Revenue, chaired by Saleem Mandviwalla, continued its clause-by-clause review of the Finance Bill 2026. Responding to Senator Faisal Vawda’s allegations, Special Assistant to PM on Industries Haroon Akhtar Khan appeared befor...
BUDGET 2026-27: Only half of FY26 uplift budget spent in 11 months
• PSDP utilisation from July 2025 to May 2026 stands at Rs529.8bn, against Rs1.01tr allocation• Govt cuts development outlay by Rs173bn to finance fuel subsidies after Mideast conflict pushed up oil prices• Only Rs153.86bn spent on uplift activities in special regions ISLAMABAD: Amid a 17 per cent cut in allocations during the outgoing fiscal year, the government and its agencies struggled to implement the Public Sector Development Programme (PSDP), utilising only about half of the budget earmar...
What We Know About Potential $300 Billion For Iran In Peace Deal
BreakingBusinessWhat We Know About Potential $300 Billion For Iran In Peace DealByAntonio Pequeño IV,Forbes Staff. Pequeño is a breaking news reporter who covers tech and more.Follow AuthorJun 16, 2026, 08:16pm EDTJun 16, 2026, 08:17pm EDTToplineIran could have access to up to $300 billion in reconstruction funds if it adheres to a peace agreement it recently struck with the U.S., according to Vice President JD Vance and multiple reports, though official terms of the deal remain scarce as Presid...
من غسيل الصحون إلى ثروة بقيمة 100 مليار دولار: قصة جانسن هوانغ الملهمة!
تعرف على كيف حول جانسن هوانغ، مؤسس شركة نيفيديا، حياته من غسل الصحون إلى بناء إمبراطورية تكنولوجية تقدر قيمتها بـ 100 مليار دولار. استعدوا لاكتشاف أسرار النجاح والدروس المستفادة من رحلته المذهلة!
Crocs Bets Big On Sandals As It Eyes $500 Million Milestone
BusinessRetailCrocs Bets Big On Sandals As It Eyes $500 Million MilestoneByMark Faithfull,Contributor.Forbes contributors publish independent expert analyses and insights. Mark Faithfull is London-based and covers retail and real estate Follow AuthorJun 16, 2026, 07:15pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.SummaryCrocs, long defined by its iconic foam clogs, is expanding its focus into sandals, a rapidly growin...
Cadbury chocolate-owner Mondelez defends staying in Russia
Cadbury chocolate-owner Mondelez defends staying in RussiaJust nowShareSaveAdd as preferred on GoogleDearbail JordanBusiness reporterGetty ImagesDirk Van de Put, chief executive of Mondelez The boss of Cadbury chocolate-maker Mondelez has defended its decision to continue doing business in Russia but admitted he is "not pleased" the firm's taxes are funding the war with Ukraine.Chief executive Dirk Van de Put said it was the "right decision" to stay after Russia invaded Ukraine in 2022, saying p...
Lower oil prices to offer relief to consumers, government
NEW DELHI: Tuesday’s fall in Brent to under $80 a barrel for the first time in three months will allow oil companies to hold pump prices at current levels, while helping govt finances and keeping inflation from rising, provided gains on crude hold.
أصغر 10 مليارديرات في 2026: نجاحات مذهلة وأرقام صادمة ستذهلك!
هل تتساءل من هم أغنى الشباب في العالم وكيف حققوا ثرواتهم الطائلة؟ في هذا المقال، نكشف لك عن أسرار نجاح أصغر 10 مليارديرات في 2026، والخطوات التي اتبعوها لتحقيق أحلامهم.
HMRC is chasing me for a £109,696 tax bill that I paid nine months ago! SALLY SORTS IT
HMRC is chasing me for a £109,696 tax bill that I paid nine months ago! SALLY SORTS ITSee more This is Money on Google - save us as a Preferred SourceBy SALLY HAMILTON Updated: 22:04, 16 June 2026 e-mail 68 View comments
Pizza Hut’s strange new private equity bedfellows: 24 Hour Fitness and a ‘deathcare’ firm
ConsumerPizza Hut’s strange new private equity bedfellows: 24 Hour Fitness and a coffin companyP.E. firms have bought up restaurant chains in recent years, but they have a mixed track record when it comes to turning them around.Listen to this article with a free account00:0000:00Pizza Hut has seen its market share drop from 19% to 15% since 2019, while Domino’s share surged to 30%. Scott Olson / Getty Images fileShareAdd NBC News to GoogleJune 16, 2026, 3:49 PM EDTBy Rob WileIt may seem like an...
'Bharat Innovates' To Be Annual Event? Harish Salve Exclusive
Harish Salve said the deals that were a spin-off from the Bharat Innovates programme, while not worth multi-billion dollars, can still be the "building blocks for the future of India".
RUTH DAVIDSON 'The very future of Scotland's oil and gas industry is at stake'
RUTH DAVIDSON 'The very future of Scotland's oil and gas industry is at stake'See more Daily Mail on Google - save us as a Preferred SourceBy RUTH DAVIDSON FOR THE SCOTTISH DAILY MAIL Published: 19:45, 16 June 2026 | Updated: 19:45, 16 June 2026 e-mail View comments
أسعار خيالية: أغلى السيارات التي بيعت في المزادات – ستدهشك أرقامها!
هل تجرؤ على معرفة كم يمكن أن تدفع مقابل سيارة؟ في هذا المقال، نستعرض أغلى السيارات التي بيعت في المزادات بأسعار لا تُصدق. استعد للانبهار بأرقام مذهلة وتفاصيل لافتة!
Unbelievable Auction Prices: The Most Expensive Cars Ever Sold That Will Blow Your Mind!
Prepare to be awestruck as we dive into the world of ultra-rare hypercars that fetched jaw-dropping prices at auction. From classic masterpieces to modern technological marvels, these automotive legends prove that passion and prestige come with a hefty price tag!
Robinhood slashes workforce by 10 percent amid restructuring
CEO Vlad Tenev said while the firm is in a strong financial position, it has been a ‘heavily-layered organization'.
Indian H-1B Worker Sues US Employer For Demanding Rs 94 Lakh From Him
The worker, identified as Rishikesh Raj Meesala, alleged that he was pressured into making payments by his Indian American employer Sai Jitender Kalagra.
A Few Hundred In 2016 To 2 Lakh In 2025: Tracking India's Startup Journey
Bharat Innovates 2026 received around 4,000 applications from deep-tech startups linked to higher education and technical institutions across India.
Israel seizes power over occupied West Bank mosque from Palestinians
Hebron's mayor warns unilateral changes breach agreements, posing significant consequences for the region's stability.