News Archives for Business & Economy - 2022-05-16

Business & Economy Published 16 May, 2022 06:30pm

McDonald’s to exit Russia, sell business in country

Many Western businesses have pulled out of Russia since its invasion of Ukraine, McDonald’s in march closed all of its 850 restaurants in the country, where it says it employs 62,000 people.

Business & Economy Published 16 May, 2022 05:14pm

Wheat prices hit record high after Indian export ban

India, the world’s second-largest wheat producer, said on Saturday that it was banning exports after its hottest March on record..

Business & Economy Updated 16 May, 2022 08:11pm

More pain as rupee crosses 194 mark against US dollar

This comes amid worry over the state of the economy, falling foreign exchange reserves and a widening trade deficit

Business & Economy Published 16 May, 2022 02:39pm

Bear run at PSX: Stocks take hammering on economic concerns

Govt’s decision to maintain oil prices dents market sentiment

Business & Economy Published 16 May, 2022 01:54pm

Aviation industry healing post pandemic, high footfall at Arabian Travel Market

The event is a hybrid, with the online component scheduled from May 17 and 18

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McDonald’s to exit Russia, sell business in country

Wheat prices hit record high after Indian export ban

More pain as rupee crosses 194 mark against US dollar

Bear run at PSX: Stocks take hammering on economic concerns

Aviation industry healing post pandemic, high footfall at Arabian Travel Market

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