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The Herald Today

3 August 2025

Business

GM lowers 2025 forecast; tariffs may cost $5B
GM lowers 2025 forecast; tariffs may cost $5B

General Motors Adjusts Earnings Forecast Due to Tariffs NEW YORK: General Motors (GM) has revised its 2025 earnings expectations downward,...

By Web Desk | May 1, 2025 | Category: Business, Latest, United States

Japan rubber contracts settle unchanged as BOJ lowers outlook
Japan rubber contracts settle unchanged as BOJ lowers outlook

Rubber Futures in Japan Conclude Flat Amid Economic Concerns Tokyo: Rubber futures in Japan remained unchanged on Thursday, as investors...

By Web Desk | May 1, 2025 | Category: Business, World

UK’s FTSE 100 steady amid earnings reports, global trade focus.
UK’s FTSE 100 steady amid earnings reports, global trade focus.

London Stock Exchange Performance Mixed Amid Global Economic Signals The UK’s primary stock index showed little movement on Thursday as...

By Web Desk | May 1, 2025 | Category: Business, UK, World

Pakistan aims to conserve $17B via revised IGCEP, phasing out pricey energy ventures.
Pakistan aims to conserve $17B via revised IGCEP, phasing out pricey energy ventures.

Government Aims to Save Billions Through Energy Plan Revisions The government anticipates saving Rs4,743 billion (USD17 billion) by removing 7,967MW...

By Web Desk | May 1, 2025 | Category: Business, Latest

Judges decide on papers, ultimate justice rests with God: Justice Mandokhail
Judges decide on papers, ultimate justice rests with God: Justice Mandokhail

Justice Mandokhail Emphasizes Constitutional Rights at Labour Conference Supreme Court Justice Jamal Khan Mandokhail stated on Wednesday that dispensing justice...

By Web Desk | May 1, 2025 | Category: Breaking News, Business, Latest

LSEG’s Q1 revenue increases 8.2%; confirms ’25 forecast
LSEG’s Q1 revenue increases 8.2%; confirms ’25 forecast

London Stock Exchange Group Reports Strong First-Quarter Income The London Stock Exchange Group (LSEG) announced on Thursday that its income...

By Web Desk | May 1, 2025 | Category: Business, Latest

Lloyds of Britain sees 7% dip in quarterly profit, sets aside $133M for tariffs
Lloyds of Britain sees 7% dip in quarterly profit, sets aside $133M for tariffs

Lloyds Banking Group’s Profit Declines Nearly 7% in First Quarter Lloyds Banking Group announced a decrease of almost 7% in...

By Web Desk | May 1, 2025 | Category: Business, UK, United States, World

Nikkei rises in Japan as BOJ hints at slow path to higher rates
Nikkei rises in Japan as BOJ hints at slow path to higher rates

Nikkei Rises as Bank of Japan Signals Prolonged Low-Rate Environment Tokyo’s Nikkei stock average experienced gains on Thursday, building upon...

By Web Desk | May 1, 2025 | Category: Business, Latest, World

Tech, property stocks propel Australian market gains
Tech, property stocks propel Australian market gains

Australian Stocks Climb for Sixth Consecutive Session The Australian stock market concluded trading on a positive note Thursday, marking its...

By Web Desk | May 1, 2025 | Category: Business, Latest

FY26 budget will be ‘challenging’ without GST relief, only salaried class to get ease: FBR chairman
FY26 budget will be ‘challenging’ without GST relief, only salaried class to get ease: FBR chairman

Tough Fiscal Measures Expected in Upcoming Budget: FBR Chairman ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood stated on...

By Web Desk | May 1, 2025 | Category: Business, Latest

Aurangzeb optimistic on US tariff rollback
Aurangzeb optimistic on US tariff rollback

Optimism Surrounds Potential Reversal of US Tariffs Finance Minister Muhammad Aurangzeb conveyed optimism regarding the potential reversal of the 29%...

By Web Desk | May 1, 2025 | Category: Business, Latest

London copper advances, firm dollar & weak US GDP limit gains
London copper advances, firm dollar & weak US GDP limit gains

Copper Prices Rise Amid Trade Deal Hopes London copper prices experienced a slight increase on Thursday after indications from U.S....

By Web Desk | May 1, 2025 | Category: Business, China, United States, World

JSW Steel of India encounters hurdles in Mongolian coking coal imports.
JSW Steel of India encounters hurdles in Mongolian coking coal imports.

JSW Steel Faces Hurdles in Sourcing Mongolian Coking Coal NEW DELHI: India’s leading steel manufacturer, JSW Steel, is encountering difficulties...

By Web Desk | May 1, 2025 | Category: Business, World

Corn values surge amid robust US export interest.
Corn values surge amid robust US export interest.

Corn and Wheat Futures Experience Uptick Chicago saw an increase in corn and wheat futures on Thursday, recovering from earlier...

By Web Desk | May 1, 2025 | Category: Business, World

Rio Tinto: 19.35% of shareholders back dual-listing evaluation
Rio Tinto: 19.35% of shareholders back dual-listing evaluation

Rio Tinto Faces Shareholder Vote on Dual-Listed Structure Rio Tinto announced on Thursday that a substantial portion, specifically 19.35%, of...

By Web Desk | May 1, 2025 | Category: Business, UK, World

Deadline Extension Urged: PCDMA Asks FBR for ST Return Relief Until May 31
Deadline Extension Urged: PCDMA Asks FBR for ST Return Relief Until May 31

PCDMA Appeals for Sales Tax Return Deadline Extension The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has formally requested the...

By Web Desk | May 1, 2025 | Category: Business, Latest

Sindh government criticized for ‘inefficient handling’ of solar energy, housing schemes.
Sindh government criticized for ‘inefficient handling’ of solar energy, housing schemes.

Parliamentary Panel Criticizes Sindh Government Over Flood Relief Project Mismanagement ISLAMABAD: A parliamentary committee has strongly criticized the Sindh government...

By Web Desk | May 1, 2025 | Category: Business, Latest

LPG rates lowered by Rs3.2 per kg in May
LPG rates lowered by Rs3.2 per kg in May

OGRA Announces Reduction in LPG Prices for May The Oil and Gas Regulatory Authority (OGRA) declared on Wednesday a decrease...

By Web Desk | May 1, 2025 | Category: Business, Latest

Thailand eyes tariffs on par with trade rivals, minister states
Thailand eyes tariffs on par with trade rivals, minister states

Thailand Anticipates Economic Fluctuations Due to Tariffs Thailand’s Finance Minister announced on Thursday that the nation’s economy is likely to...

By Web Desk | May 1, 2025 | Category: Business, World

Rule 150ZEO Breach Case: ATIR says outlet closure hurts firm, economy.
Rule 150ZEO Breach Case: ATIR says outlet closure hurts firm, economy.

ATIR Rules Against Sealing Retail Outlets, Cites Disproportionate Harm ISLAMABAD: In a noteworthy ruling, the Islamabad bench of the Appellate...

By Web Desk | May 1, 2025 | Category: Business, Latest