Pakistan Revenue
This section brings you news reports from around the world, covering global events, politics, economy, and more. Stay informed with the latest international updates and developments.
Global oil markets saw a sharp decline on Tuesday as prices dropped around 16% following a surprise ceasefire agreement between the United States and Iran. The deal, announced by Donald Trump, aims to pause hostilities for two weeks in exchange for Iran allowing safe passage through the crucial Strait of Hormuz.
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The United States has partially lifted sanctions on Iranian oil in a bid to stabilize global energy markets amid the ongoing conflict with Iran, marking a significant shift in longstanding policy.
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Geneva, February 24, 2026 – China has submitted its second request for the establishment of a dispute settlement panel at the World Trade Organization (WTO) to rule on India’s incentive schemes in the automotive and renewable energy sectors, escalating a trade dispute between the two Asian giants.
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US President Donald Trump on Saturday announced an immediate increase in worldwide tariffs on goods entering the United States from 10% to 15%, intensifying global trade tensions just a day after the US Supreme Court largely struck down his sweeping tariff program.
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Microsoft announced on Wednesday that it posted $81.3 billion in revenue for the second quarter of fiscal year 2026, marking a 17% increase year-on-year, fueled primarily by strong growth in its cloud computing business.
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Dhaka, January 27, 2026 – Bangladesh’s interim government has declared a three-day public holiday in February to facilitate maximum voter participation in the country’s historic 13th general election and constitutional referendum.
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Washington, January 15, 2026 – The Trump administration has announced a suspension of all immigrant visa processing for applicants from 75 countries, including Pakistan, effective January 21, according to reports citing a State Department memo. The pause affects visas for employment or family reunification, while non-immigrant visas, such as tourist and student visas, remain unaffected.
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Malaysia has temporarily blocked access to Grok, the AI chatbot developed by xAI, due to concerns over the generation and distribution of obscene and sexually explicit content, the country’s communications and multimedia regulator confirmed on Sunday.
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Samsung Electronics has reported a sharp rise in profitability in its fourth-quarter 2025 earnings guidance, with operating profit increasing by approximately 64.34% compared to Q3 results. The strong quarter-on-quarter growth highlights improving business conditions and stronger demand across key product segments.
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Chinese automaker BYD has officially overtaken Tesla to become the world’s biggest electric vehicle (EV) manufacturer, marking a major shift in the global EV market. This is the first time BYD has surpassed Tesla in annual EV sales, underscoring the growing dominance of Chinese manufacturers in the clean energy transition.
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