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Business

Market and economic updates.

IMF Downgrades 2026 Global Growth Forecast Amid Middle East Energy Shock and Market VolatilityBusiness
Jul 19, 2026By Ali Raza Sheikh

IMF Downgrades 2026 Global Growth Forecast Amid Middle East Energy Shock and Market Volatility

The IMF has downgraded its 2026 global growth forecast to 3 percent, citing lingering energy shocks from Middle East con...

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Pakistan’s GDP Growth Surges to 3.7%, Marking Highest Expansion in Four YearsBusiness
Jul 18, 2026By Ali Raza Sheikh

Pakistan’s GDP Growth Surges to 3.7%, Marking Highest Expansion in Four Years

Pakistan’s economy concluded fiscal year 2025-26 with a robust real GDP growth rate of 3.7 percent, marking the highes...

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Pakistan’s IT Exports Surge to Record $4.6 Billion in FY26, Defying Global HeadwindsBusiness
Jul 18, 2026By Ali Raza Sheikh

Pakistan’s IT Exports Surge to Record $4.6 Billion in FY26, Defying Global Headwinds

Pakistan’s IT and telecom export remittances have reached a monumental record of USD 4.6 billion in FY2025-26, registe...

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ABB Orchestrates Historic $5.5 Billion Acquisition of Rotork to Cement Automation HegemonyBusiness
Jul 16, 2026By Ali Raza Sheikh

ABB Orchestrates Historic $5.5 Billion Acquisition of Rotork to Cement Automation Hegemony

Swiss engineering giant ABB Ltd. has announced a historic $5.5 billion all-cash acquisition of UK-based Rotork Plc, mark...

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Toyota to Invest $3.6 Billion to Move Tacoma Pickup Truck Production from Mexico to TexasBusiness
Jul 16, 2026By Ali Raza Sheikh

Toyota to Invest $3.6 Billion to Move Tacoma Pickup Truck Production from Mexico to Texas

Toyota Motor has announced a $3.6 billion investment to relocate the production of its Tacoma midsize pickup truck from ...

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Amazon Unveils $15 Billion Autonomous Logistics Expansion to Accelerate Global DeliveryBusiness
Jul 15, 2026By Ali Raza Sheikh

Amazon Unveils $15 Billion Autonomous Logistics Expansion to Accelerate Global Delivery

Amazon has announced a $15 billion investment to expand its autonomous logistics and robotics infrastructure globally. T...

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Walmart Reports Record Q2 Earnings, Surpasses $170 Billion in Revenue as E-Commerce and AI Drive GrowthBusiness
Jul 15, 2026By Ali Raza Sheikh

Walmart Reports Record Q2 Earnings, Surpasses $170 Billion in Revenue as E-Commerce and AI Drive Growth

Walmart Inc. reported robust second-quarter earnings, significantly surpassing Wall Street expectations with an EPS of $...

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Losing Just 80 Minutes of Sleep Nightly Triggers Weight Gain and Sedentary Behavior, Columbia Study RevealsBusiness
Jul 13, 2026By Ali Raza Sheikh

Losing Just 80 Minutes of Sleep Nightly Triggers Weight Gain and Sedentary Behavior, Columbia Study Reveals

A groundbreaking Columbia University clinical trial reveals that losing just 80 minutes of sleep nightly leads to measur...

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Meta's Zuckerberg Says Exploring AI Cloud Business Makes SenseBusiness
Jul 12, 2026By Ali Raza Sheikh

Meta's Zuckerberg Says Exploring AI Cloud Business Makes Sense

Meta Platforms Inc. is exploring a new cloud infrastructure business to sell access to AI computing power and models, a ...

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Stocks Priced for 'Sunshine and Rainbows' Now Face Crucial Earnings TestBusiness
Jul 12, 2026By Ali Raza Sheikh

Stocks Priced for 'Sunshine and Rainbows' Now Face Crucial Earnings Test

Wall Street braces for a near-record second-quarter earnings season, kicking off with Goldman Sachs and JPMorgan Chase. ...

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