Business Analysis

Pakistan to import petrol, diesel from Russia

Russia will provide Pakistan with petrol, diesel and crude oil at discounted rates, State Minister for Petroleum Musadik Malik announced Monday. In a press conference in Islamabad, Malik said he wanted to congratulate the public on a successful visit to Russia, calling it "more successful than our expectations." Speaking with journalists, Malik said the country needed one percent more energy to...

Solar farms in space could use lasers to beam electricity back down to the Earth.

While it might sound too good to be true, harvesting solar energy from space and beaming it to Earth using microwaves is something happening in the near future. In fact, Martin Soltau of Sustainable Energy India Initiative (SEII) predicts that as soon as 2035 this could become a reality. SEII is currently working on a project called Cassiopeia which...

Manchester United and Liverpool might take a trip to the dessert

He added: “The Premier League is the best league in the world. Everyone’s watching the Premier League. It’s the most watched league and there are diehard fans of these teams in the kingdom. So it would be a benefit for everyone.” “I can say that we have a strong league. It’s not one of the strongest in Asia. You know,...

Uk Energy source

UK Government borrowing is set to rise as the cost of energy bills are set to increase. The UK paid for energy support initiatives from October last year as borrowing rose from a year ago. The figure was £4.4 billion, the fourth highest on record, and above the predicted £21 billion. The Chancellor said this borrowing was a result...

Hospitality over Winning

For the first time ever, Qatar's team lost in their opening game of the World Cup. Ecuadorian striker Enner Valencia scored two goals on the 16th and 31st minutes respectively and gave Ecuador a 2-0 win over Qatar at Al Bayt Stadium in Doha. Valencia, who used to play for West Ham United, Everton, and is Ecuador's all-time leading goalscorer,...

Sales at the bookstore have increased but remain below levels before the pandemic

Officials have confirmed an increase in UK retail sales, but according to the ONS, this remains below pre-pandemic levels. UK retail sales have increased by 0.6% following a 1.5% decrease in September, according to statistics from the Office for National Statistics (ONS). The rebound follows low spending at stores after they were open fewer hours or closed during Queen Elizabeth II's...

David Vs Goliath (SMEs vs Climate Change)

For the past two years, Nikhil Arora has been working hard to cut his organic gardening company's carbon footprint. He has made a number of small changes which have helped his business to become more environmentally friendly. The California-based company is small, employing just 21 people, but it expects to make roughly $100 million in 2018. Mr Arora says the...

Speaking of animation, Makoto Shinkai’s “Suzume” grossed ¥1.88 billion over the course of 3 days

The latest anime by Makoto Shinkai has earned 1.88 billion yen in it's first three days, surpassing all of Shinkai's previous movies in the process. Specifically, Ellandia: Castle and the genius girl sold 38.7% more tickets and had 47.4% more box office revenue when compared to Your Name released in 2016. Considering the success that Your Name went on to have...

When will we see economic reforms?.

Pakistan's economy is on a path of uncertainty due to its financial crisis and a demanding population. In response, the government has implored the IMF for debt relief while reassuring policymakers that they can improve Pakistan’s economic position by implementing reforms that will put it on a sustainable path to recovery. However, Pakistan must break away from the precedent...

Billionaire Ramon Ang’s San Miguel Offers $1.6 Billion To Takeover Cement Maker Amid Philippine Construction Boom

The San Miguel Corporation approved a deal to buy 80% of Eagle Cement the Philippines' biggest independent cement producer, for 22.05 pesos per share. This was revealed in a regulatory filing by San Miguel President and CEO Ramon Ang on Tuesday night. Additionally, CEO Ang did not attend board meeting discussing the deal as he is also chairman and...