Ford F-150 production has been halted for nearly a week at the automaker’s Dearborn Truck Plant in Michigan, according to a memo reviewed by Reuters. The memo said Ford canceled all production crews at the Detroit-area facility from Thursday through Tuesday, September 29. The stoppage affects one of Ford’s most important truck manufacturing sites. Ford’s… Continue reading Ford F-150 Production Halted at Michigan Plant
Two senior Bank of England policymakers have signalled that they could support higher interest rates if elevated energy costs continue to push inflation higher. Deputy Governors Clare Lombardelli and Sarah Breeden both supported keeping Bank Rate at 3.75% at the September meeting. However, both warned that prolonged energy price increases could create wider inflation pressures.… Continue reading Bank of England Rates: Policymakers Warn of Inflation Risks
Pakistan’s mobile phone imports fell 8.85% during the first two months of the financial year 2026-27, according to data from the Pakistan Bureau of Statistics (PBS). The country imported mobile phones worth $274.129 million during July and August 2026. This compares with imports worth $300.741 million during the same period of the previous financial year.… Continue reading Pakistan Mobile Phone Imports Fall 8.85% in Two Months
Oil prices fall as traders see signs of stronger Gulf supplies and renewed hopes for a diplomatic solution to the US-Iran war. Meanwhile, markets are watching talks linked to the United Nations General Assembly in New York. Brent crude futures slipped 7 cents, or 0.07%, to $99.18 a barrel at 0119 GMT. West Texas Intermediate… Continue reading Oil Prices Fall on Gulf Supply and US-Iran Talks
Novo Nordisk CEO Mike Doustdar says weight-loss pills could account for half of the global obesity drug market by 2030. His comments highlight a possible shift in the industry, where injectable treatments currently dominate. Doustdar spoke to Reuters after Novo Nordisk’s Capital Markets Day in London. He said the Danish drugmaker is preparing for a… Continue reading Weight-Loss Pills Market Could Reach 50% by 2030
Walmart-backed PhonePe and Google Pay handled about 80% of India’s UPI payment value last month, according to the source data. Their dominant position could become even more valuable as India prepares to introduce merchant fees on some UPI transactions. The new pricing model will end UPI’s six-year period as a free payment network. However, it… Continue reading PhonePe Google Pay UPI Market Share Reaches 80%
Oil prices slide toward the $100-a-barrel mark as traders assess the possibility of US-Iran diplomatic progress and a partial recovery in Saudi crude shipments. Brent and West Texas Intermediate crude both touched their lowest levels since September 10 on Monday. At the same time, investors watched developments surrounding the United Nations General Assembly in New… Continue reading Oil Prices Slide Toward $100 on US-Iran Diplomacy Hopes
The US-China AI dialogue is taking shape after senior American and Chinese officials held talks in New York focused on artificial intelligence, trade and investment. US Treasury Secretary Scott Bessent described the meeting as “very successful” after roughly eight hours of discussions with Chinese Vice Premier He Lifeng. The talks took place at JPMorgan Chase’s… Continue reading US-China AI Dialogue Takes Shape After Trade Talks
Tata Sons boardroom crisis is deepening after the holding company’s board reappointed N. Chandrasekaran as chairman and backed plans that could move the group toward a public listing, despite opposition from Tata Trusts. The decision has opened a fresh dispute inside one of India’s most prominent business groups. Tata Trusts controls about 66% of Tata… Continue reading Tata Sons Boardroom Crisis: Leadership Fight Deepens
The Rwanda Pakistan Business Forum is expected to create new opportunities for trade, investment and joint ventures between the two countries, according to Ambassador Hamid Asghar Khan. The Patron-in-Chief of the Pakistan Africa Economic Council (PAEC) made the comments during a press conference at the Embassy of Rwanda before a Pakistani business delegation travelled to… Continue reading Rwanda Pakistan Business Forum: New Trade Opportunities
