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EU PLAN TO QUIT RUSSIAN FUEL PLUNGES PAKISTAN INTO DARKESS

Pakistan’s power woes that are plunging the country into the darkness with planned load-shedding of more than 12 hours stem from Europe’s decision to quit buying Russian fuel.According to Bloomberg, the world’s fifth-most populous country invested in LNG and signed long-term contracts with Italian and Qatari suppliers in a bid …

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Govt hikes petrol prices by Rs24.03

Federal Finance Minister Miftah Ismail on Wednesday announced that the government was not in a position to bear subsidies anymore, therefore, it has decided to increase the prices of petrol by Rs24.03. Starting from June 16, the price of petrol will be Rs233.89 per litre, diesel will be Rs263.31, kerosene …

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The Saudi investment king no longer rules alone

he prince who’s the international face of Saudi business may no longer be able to call all the shots. For years, Prince Alwaleed bin Talal, Saudi Arabia’s self-styled Warren Buffett, has made hundreds of millions of dollars by investing in companies from Citigroup to Uber to Twitter with almost complete …

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