<p>ISLAMABAD: The Cabinet Committee on state-owned enterprises on Thursday rejected a request from two circular debt-hit state-owned gas utilities — Sui Southern and Sui Northern — for exemption from international accounting and financial reporting standards to avoid being declared insolvent.</p> <p>However, the cabinet committee, headed by Finance Minister Muhammad Aurangzeb, “instructed the Petroleum Division to undertake further deliberations with the Finance Division and the Law and Ju

<p>Demonstrations at 18 sites set up as radical transformation plan put to board of Europe’s biggest carmaker</p><p>Volkswagen’s proposal to slash up to 100,000 jobs and close factories faced a major test on Thursday as it was formally put to its supervisory board, with protests at the company’s plants in Germany.</p><p>IG Metall organised demonstrations involving shop stewards and union council members at 18 sites at Europe’s biggest carmaker, including at its headquarters. The influent

<p>Exclusive: ‘The preferred policy is, of course, a carbon price,’ Dr Huw McKay says, amid slowdown in BHP action on emissions</p><ul><li><p>Get our <a href="https://www.theguardian.com/email-newsletters?CMP=cvau_sfl">breaking news email</a>, <a href="https://app.adjust.com/w4u7jx3">free app</a> or <a href="https://www.theguardian.com/australia-news/series/full-story?CMP=cvau_sfl">daily news podcast</a></p></li></ul><p>A former chief economist at mining company BHP says stronger climate pol

(Bloomberg) — A resurgence in giant chipmakers powered a rebound on Wall Street, with stocks also rising amid a decline in oil prices as traders looked past fresh hostilities between the US and Iran...

The Trump administration is proposing changes to what it calls &quot;unnecessary and unworkable&quot; Biden-era environmental rules designed to cut pollution from heavy-duty vehicles, including buses ...

An ebullient stock market, huge bets on artificial intelligence and an open regulatory environment have fueled one of the biggest six-month booms in deal-making in years. Through the end of June, t...

<p>THE powers of the tax machinery are growing more strident but the recovery of actual revenue is getting harder and harder. The new <a href="https://www.dawn.com/news/2013725/artificial-intelligence-to-drive-new-tax-model-says-aurangzeb">production monitoring system</a> rolled out by the FBR in the last fiscal might provide some technology-led direction to how these coercive powers can be down-blended with enhanced surveillance to yield something more intrusive but less punitive. But it cannot

<p>ALTHOUGH it will take time for US-Iran negotiations to produce a durable peace deal, regional states have begun positioning themselves to benefit from the new economic opportunities that are likely to emerge. Anticipating greater regional integration, Türkiye, for example, has announced incentives to attract manufacturing investment.</p> <p>Pakistan, too, is well placed to benefit. It has earned global goodwill for helping reduce regional tensions and supporting diplomatic efforts for peace.

<p>South Australian police say they’re unaware of death despite claim by Liberal senator Kerrynne Liddle</p><ul><li><p><a href="https://www.theguardian.com/australia-news/live/2026/jul/09/australia-news-live-telstra-mobile-internet-down-outage-triple-zero-v-line-trains-network-royal-commission-antisemitism-abc-ntwnfb">Follow our Australia news live blog for latest updates</a></p></li><li><p>Get our <a href="https://www.theguardian.com/email-newsletters?CMP=cvau_sfl">breaking news email</a>, <a

<p>Carrier says some still unable to connect to emergency hotline a day after mobile network went down</p><ul><li><p><a href="https://www.theguardian.com/australia-news/live/2026/jul/09/australia-news-live-telstra-mobile-internet-down-outage-triple-zero-v-line-trains-network-royal-commission-antisemitism-abc-ntwnfb">Follow our Australia news live blog for latest updates</a></p></li><li><p>Get our <a href="https://www.theguardian.com/email-newsletters?CMP=cvau_sfl">breaking news email</a>, <a hre