Business News | BUSINESS News Headlines

FATF keeps Pakistan on grey list until June despite 'significant progress' The Financial Action Task Force (FATF) on Thursday decided to keep Pakistan on its 'grey list', with the country's status set to be reviewed next in June 2021. The announcement was made by FATF President Dr Marcus Pleyer at a press briefing from Paris on the outcomes of the FATF's four-day virtu.
Dawn.com
FATF to decide whether Pakistan has done enough to exit grey list The Financial Action Task Force (FATF) will announce on Thursday whether Pakistan has done enough to exit the grey-list as it wraps up its four-day plenary meeting. The FATF president will give a press briefing on the outcomes of the FATF plenary today at 16:30 GMT. Background discussions with.
Dawn.com
Private investment in Peru up 9.4% in 4Q 2020 -central bank RIO DE JANEIRO, BRAZIL - The Central Reserve Bank of Peru (BCR) on Sunday reported that private investment increased 9.4% in the fourth quarter of 2020, after three consecutive quarters of decline. "This result was associated with the dynamism of self-construction and the improvement of investors' e.
TheRioTimes.com

Pakistani fintech PayPro receives over Rs7 million in funding from USAID PayPro, a fintech startup that focuses on business to business (B2B) and business to consumer (B2C) payments, on Thursday announced that it had received a grant amounting to Rs7.4 million from USAID Small and Medium Enterprise Activity (SMEA). According to a press release from PayPro, the grant i.
Dawn.com
Pakistan, IMF reach agreement on reforms to release around $500 million The International Monetary Fund (IMF) and Pakistan on Tuesday reached a staff-level agreement over reforms that will lead to the release of around $500 million in funds, the IMF and the country's finance ministry said. The package strikes an appropriate balance between supporting the economy, ens.
Dawn.com
Remittances exceed $2 billion for eighth straight month Remittances from Pakistani workers employed abroad exceeded $2 billion for the eighth straight month in January at $2.3 billion, up 19 per cent from a year earlier, the country's central bank said on Monday. Sharing the figures on Twitter, Prime Minister Imran Khan thanked overseas Pakistanis. .
Dawn.com

Karachi-based fintech Safepay bags funding from Stripe Safepay, a Karachi-based fintech statup, announced that it has raised a seven-figure seed funding round led by Stripe, the global payments platform, it emerged on Thursday. Safepay was founded in 2019 by Ziyad Parekh and Raza Naqvi with the aim of increasing the acceptance of online payments. It .
Dawn.com
PSX records volume of one billion shares for the first time in 16 years The Pakistan Stock Exchange (PSX) on Wednesday recorded a trading volume of one billion shares for the first time in 16 years, thanks mainly to contributions by a handful of 'penny stocks'. The session was very concentrated in terms of the number of stocks that boosted the huge volume, with World.
Dawn.com
U.S. fiscal stimulus package could impact interest rates in Brazil RIO DE JANEIRO, BRAZIL - With a new fiscal stimulus package about to be approved by the U.S., the risk of premature withdrawal of monetary stimulus in the United States is growing among financial market operators and analysts, which may also lead Brazil's Central Bank to standardize its interest rat.
TheRioTimes.com

Bitcoin rockets to new highs as Tesla takes it mainstream Bitcoin extended gains on Tuesday to a record high as the afterglow of Tesla Inc's investment in the cryptocurrency had investors reckoning it would become a mainstream asset class for both corporates and money managers. Bitcoin has more than doubled over two months as institutional investors sea.
Dawn.com
Learn all about Six Sigma with lifetime access to this training course TL;DR: The 2021 Complete Six Sigma Training Suite Bundle is on sale for £23.35 as of Feb. 8, saving you 98% on list price. Six Sigma is a business methodology designed to streamline processes and minimise mistakes. If you want to learn more about how it works, this Six Sigma Training Suite c.
Mashable
Mexican Silver Belt one of Many Reasons why Mexico is the World´s Leading Silver Producer RIO DE JANEIRO, BRAZIL - Exploration companies often receive favourable incentives such as tax deferrals to prospect in underexplored jurisdictions, and it can often result in higher profitability for mining operations. Fortunately for North American investors, Mexico is in the vicinity and it is on.
TheRioTimes.com

Facebook Wants to Read Your Brain As Shoshana Zuboff has warned in her book "The Age of Surveillance Capitalism: The Fight for a Human Future at the New Frontier of Power," the great tech giants have built a system people have become dependent on for their social relationships. But this "social" system has been built to serve a fund.
fairobserver.com
World shares near record levels as vaccines fuel normalisation hopes Global shares traded near record highs on Friday, with Asian stocks taking their lead from Wall Street, as progress in vaccine distribution prompted bets on further normalisation in the global economy and an earnings recovery. An index of the world's major 50 markets, MSCI ACWI, rose 0.2 per cent.
Dawn.com
And the Winner is …. Chile. Milken Institute Says no Other LATAM Country is Able to Attract More Foreign Investors RIO DE JANEIRO, BRAZIL - Chile ranks no. 1 in Latin America as the country with the most potential to attract foreign investors, according to the 2021 Milken Institute Global Opportunity Index. The annual assessment uses 96 variables including macroeconomic outlook, potential for future innovation a.
TheRioTimes.com

Pakistan's inflation eases to 5.65pc in January The inflation rate eased to 5.65 per cent in January, the Pakistan Bureau of Statistics (PBS) said on Monday, from 8pc the previous month. A decrease in the prices of vegetables, pulses, eggs, spices and chicken helped bring down the consumer price index (CPI), the bureau said. It said the Urb.
Dawn.com
Anthony Scaramucci Predicts That GameStop Gate Is The 'French Revolution Of Finance' Former White House Secretary Anthony Scaramucci claimed on social media that the coordinated effort to inflate the price of GameStop stocks is the start of the “French Revolution” in the business world. As was previously covered by The Inquisitr, Wall Street was stunned yesterday afte.
inquisitr.com
Hedge Fund Billionaire Says 'Fair Share Is A Bullsh*t Concept' Used To Attack Wealthy People During an appearance on CNBC on Thursday, New York Hedge fund billionaire Leon Cooperman touched on his feelings on GameStop’s recent meteoric stock market rise. As reported by BuzzFeed News, the surge was driven by Reddit users and led to the defeat of two Wall Street hedge funds — Citron .
inquisitr.com

Ja Rule, Alexandria Ocasio-Cortez, And Donald Trump Jr. Unite In Slamming Wall Street For Halting GME Sales The stock-trading platform Robinhood and other Wall Street brokers are coming under fire after blocking users from buying GameStop and other stocks that have become a target for the Reddit community r/WallStreetBets — even uniting two figures from far ends of the political spectrum with a mem.
inquisitr.com
Apple becomes world's biggest smartphone seller with record shipments Apple Inc's smartphone shipments jumped 22 per cent to record levels in the fourth quarter, making it the world's biggest seller, while those for Huawei plunged as US sanctions took effect. An expanded number of models and a new look for the iPhone 12 lineup, Apple's first 5G-enabled devices, tap.
Dawn.com

LATEST BUSINESS NEWS HEADLINES