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Business
Markets, companies, regulation, startups, and the business impact of technology.
152 published stories
Business
Markets, companies, regulation, startups, and the business impact of technology.
PSX KSE-100 Index Drops 1.53% Amid Global Oil And Diplomatic Pressures
Investors lost 2,609.73 points on the Pakistan Stock Exchange as the KSE-100 index fell 1.53% to close the week ended October 2, 2026, at 168,155.49 after global oil prices swung…
Bitcoin Surges Past $86,000 Amid Cooling US Inflation Data
Bitcoin surged past $86,000 on October 2, 2026, driven by cooling U.S. inflation data that lowered interest rate hike expectations and renewed institutional ETF inflows.
Ferrari and Azimut Yachts Establish Livorno Hub for Hypersail Project
Ferrari Hypersail established its new operational hub in Livorno on October 2, 2026, partnering with Azimut Yachts to develop a custom tow boat and support upcoming foil flight…
Southeast Asia Economic Growth Masks Youth Unemployment And Credential Inflation
Rapid economic growth across Southeast Asia contrasts sharply with high youth unemployment and credential inflation.
Nike Reports Q1 Revenue Drop and Announces Major Restructuring Plan
Nike posted a mixed fiscal first-quarter earnings report showing revenue falling 4% to $11.21 billion and announced a restructuring plan called Pace that is expected to deliver…
Hyundai and Mahindra Post Strong September Sales Ahead of Festive Season
Indian automakers posted higher sales in September 2026, driven by aggressive dealer stocking ahead of the festive season and sustained consumer demand across multiple segments.
Gamuda Posts Record RM1.05B Profit on RM61B Order Book
Gamuda Bhd posted a fifth consecutive year of record earnings for the financial year ended July 31, 2026, driven by domestic construction and overseas quick-turnaround projects.
Aliko Dangote And William Ruto Set To Break Ground On Lamu Oil Refinery
Nigerian billionaire Aliko Dangote and Kenyan President William Ruto are set to break ground on a $16 billion oil refinery in Lamu.
China Factory Activity Returns to Growth in September as AI Demand Rises
China’s official manufacturing purchasing managers’ index rose to 50.1 in September, ending a two-month contractionary streak as easing weather disruptions and strong demand from…
Gold Hits Seven-Week Low as Treasury Yields and Crude Oil Prices Surge
Gold hovered near a seven-week low on September 29, 2026, stabilizing after a sharp four per cent rout driven by surging crude oil prices, rising U.S.
