Tue, 21-Oct-2025

Traders demand raw material delivery points

Businessmen have urged the government to establish delivery terminals for imported raw materials in industrial regions and issue more licences. Because imports are now expensive, many SMEs choose to import  (LCL) containers instead of  (FCL) containers. He noted that Pakistan is experiencing challenging business conditions as a result of the rise in energy prices and … Read more

US silent on whether Macron’s Russia visit helped ease Ukraine crisis

united states

WASHINGTON – The French president’s visit to Russia this week drew a chorus of cautiously optimistic comments about averting an invasion of Ukraine but the United States has stayed conspicuously reticent about the diplomatic mission. Since Emmanuel Macron met Monday with President Vladimir Putin to try to defuse the crisis on the Russia-Ukraine border, US … Read more

ArcelorMittal returns to profit as raw material prices soar

arcelormittal

PARIS: Global steel giant ArcelorMittal reported on Thursday a record annual profit for 2021, buoyed by the soaring prices of raw materials after a loss the previous year. Despite a drop in production, the company reported a net profit of $14.9 billion (13 billion euros) following a $733 million loss in 2020. The group lost its … Read more