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DP World reports gross volume growth of 3.7%

DP World Limited handled 19.5 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2023, with...

Mastercard forecasts downbeat revenue growth on economic slowdown

Mastercard's current-quarter revenue growth forecast fell short of Wall Street estimates, fanning fears that the card company was heading into a much tougher environment...

China’s 2022 growth seen as its lowest in 40 years

China's economic growth for 2022 is expected to have been among its weakest in four decades after the twin crises of the pandemic and...

Turkish economic growth surges 7.3%

Turkey's annual economic growth was 7.3% in the first quarter, slightly more than expected data showed on Tuesday, driven by strong demand, manufacturing and...

Facebook-owner Meta heads for dismal quarter as advertisers unfriend

Facebook-owner Meta Platforms Inc (FB.O) is expected to report its slowest quarterly ad revenue growth in a decade on Wednesday, as businesses pull back...

Xiaomi revenue surges record 64% as smartphone sales rise

Xiaomi saw its second-quarter revenue rise a record 64% from a year earlier, it said on Wednesday, as the company grew its share of...

China central bank head says policy needs to selectively support growth, curb risks

“China’s macro leverage ratio is basically stable. We should provide positive incentives for economic entities and restrain the breeding and accumulation of financial risks.”

Pakistan exports keep $2b mark in four consecutive months, says commerce advisor

He commended exporters to achieve this feat despite difficulties due to COVID pandemic, regional export situation, and market contraction

Sindh revenue board records YoY 25pc surge in December

SRB said first six months in financial year recorded Rs57 billion, as opposed to Rs49.2 billion in the same period last year.

PM felicitates exporters for 18pc YoY growth this December

Prime Minsiter Imran Khan bade “well done” to those catalyzing the achievement in export sector and encouraged them to “keep up the trend”.

K-pop culture boosts Netflix’s international growth

Netflix reports a 66% increase in international revenue, primarily from South Korea

Cement consumption in Pakistan grows 5.04 pc in August

The construction package was expected to boost sales of cement.

Decline in global growth to affect Pakistan amid coronavirus outbreak: SBP official

The negative impact of the coronavirus on global growth will only remain for the next three-month period, said SBP Deputy Governor Murtaza Syed.

Twitter sees lift in user base, revenues

Twitter delivered a stronger-than-expected update for the fourth quarter showing an expanded user base and growing ad revenue

US economy misses Trump’s 3% growth target in 2019

The U.S. economy missed the Trump administration’s 3% growth target for a second straight year, posting its slowest annual growth in three years in 2019

No turning point in sight as IMF predicts sluggish global growth

Global growth appears to have bottomed out but there is no rebound in sight and risks ranging from trade tensions to climate shocks makes the outlook uncertain

UK economy grows at slowest annual rate since 2010

Britain’s economy grew at the slowest annual rate in nearly a decade in the three months to the end of September

Softening demand drags Indian factory growth to two-year low in October

India’s factory activity growth hit a two-year low in October as new orders and output rose at a slower pace

China’s factory activity edges up in September

China's manufacturing sector showed unexpected signs of improvement with two indexes showing Monday that manufacturing activity edged up in September

Global shares surge on China factory rebound, trade hopes

China’s official purchasing managers’ index (PMI) released on Sunday showed factory activity unexpectedly grew for the first time in four months in March.

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