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POL products import, re-export allowed

ISLAMABAD: The federal government on Monday allowed the import of petroleum products, sale in the local market and their re-export to other countries through the foreign suppliers account, according to the newly-notified Customs Bonded Facilitation Rules (CBFR), 2024. According to the documents available to The Express Tribune, the Federal Board of Revenue (FBR) has amended […]

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Oil sheds 1% after Iran attack

NEW YORK: Oil prices sank by about 1% a barrel on Monday after Iran’s weekend attack on Israel proved to be less damaging than anticipated, easing concerns of a quickly intensifying conflict that could displace crude barrels. Brent futures for June delivery fell 91 cents to $89.54 a barrel, a 1% loss, by 1717 GMT. […]

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Maneka’s lawyer begins arguments in iddat case

ISLAMABAD: Lawyers representing former prime minister Imran Khan and his spouse, Bushra Bibi, expressed dissatisfaction on Monday with what they claim are the “delaying tactics” of Khawar Maneka’s lead counsel, as well as a court decision to postpone the iddat case for another ten days—until April 24.Imran and Bushra were married on January 1, 2018. […]

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CJP’s extension issue stirs political chessboard

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) while giving credence to the speculation that the government was allegedly planning to extend the incumbent chief justice of Pakistan (CJP) tenure for three years vowed on Monday that it would thwart any move deviating from the set pattern of judges’ promotion to unduly facilitate CJP Justice Qazi Faez Isa. Currently, […]

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IT experts push for digital solutions

KARACHI: Digital marketing has overshadowed conventional methods because the advantages of digital tools far outweigh the disadvantages. Digital marketing targets specific and eager customers. IT professionals and mentors, speaking to The Express Tribune, highlighted the stark contrast between conventional and digital marketing. Conventional marketing relied on huge funds for billboards, broadcast, TV, or radio 15 […]

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Sprint star Tebogo eyes double Olympic gold

JOHANNESBURG: Sprint star Letsile Tebogo hails from Botswana, a country famed for its diamonds, but it is gold he is seeking at the 2024 Paris Olympic Games this July and August. The 100 and 200-metre athlete turns 21 in June, and the perfect belated birthday present would be becoming the first African to win events […]

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Olympic opening could be moved from river to stadium

PARIS: French President Emmanuel Macron said on Monday for the first time the Paris Olympics’ opening ceremony could move from the river Seine to the national stadium in the event of a security threat. Macron said instead of teams sailing down the Seine on barges, the ceremony could be “limited to the Trocadero” building across […]

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Tesla to lay off more than 10% of staff globally as sales fall

BERLIN: Tesla (TSLA.O) will lay off more than 10% of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs). In a sign of further instability at the EV maker, Tesla’s senior vice president Drew Baglino, in charge […]