Traders chase post-election stock gains in US options market

NEW YORK (WS News) – Options players are piling in to riskier bets across the US stock market, supporting a rally...

General Motors lays off about 1,000 workers, cutting costs to compete in a crowded automobile market

DETROIT (WS News) — General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in...

Retail sales up solidly in October as Americans showed continued willingness to spend

WASHINGTON (WS News) — U.S. retail sales rose last month at a healthy pace in the latest sign that consumer spending...

Pakistan, IMF conclude talks with key commitments on taxation

ISLAMABAD (WS News)—The five-day negotiations between Pakistan and the IMF have concluded, with Pakistan successfully convincing the IMF of the provincial...

Govt keeps petroleum prices unchanged for next fortnight

ISLAMABAD (WS News) – The federal government Friday kept the petroleum prices unchanged for the next fortnight. According to a notification...

IMF seeks strict implementation to meet targets as it concludes biannual visit

ISLAMABAD (WS News) – The International Monetary Fund (IMF) issued its communique on Saturday after concluding meetings with Pakistani authorities. According...

Pakistani Ayla Majid elected ACCA president

ISLAMABAD (WS News) – Ayla Majid, a Pakistani professional, made history as the first South Asian and Muslim to be elected...

Gold prices drop by Rs300 to Rs267,400 per tola

ISLAMABAD (WS News) – The price of 24 karat per tola gold decreased by Rs300 and was sold at Rs267,400 on...

Russia cuts gas to Austria in payment dispute

MOSCOW (WS News) – Russia halted gas supplies to Austria on Saturday in a dispute over payments but was still pumping...

Archegos’ Bill Hwang deserves 21 years in prison, US says

NEW YORK (WS News) – Bill Hwang, the founder of Archegos Capital Management, should spend 21 years in prison for running...