Europe resists energy crunch, boosting growth forecast

Brussels, May 15 (AFP/APP): Europe’s economy rode out the energy price crisis triggered by Russia’s war on Ukraine with better than expected economic growth, Brussels said Monday, as it boosted its forecast. The European Commission revised upwards its 2023 economic outlook, but also warned that […]

IRSA releases 150,800 cusecs water

ISLAMABAD, May 14 (APP):Indus River System Authority (IRSA) on Sunday released 150,800 cusecs water from various rim stations with inflow of 122,800 cusecs. According to the data released by IRSA, water level in River Indus at Tarbela Dam was 1432.10 feet and was 34.10 feet […]

US consumer inflation eases but price pressures remain

Washington, May 10 (AFP/APP): Consumer inflation in the United States nudged down only slightly in April, the Labor Department said on Wednesday, despite strong efforts to cool the economy and rein in price increases. The latest number signals that price pressures remain, although it marks […]

Ryanair orders 300 Boeing 737 MAX jets worth $40 bn

London, May 9 (AFP/APP):Irish airline Ryanair Tuesday ordered 300 Boeing 737 MAX jets worth over $40 billion at list prices, representing the US aerospace giant’s latest big contract in a fast-recovering aviation market. The announcement, comprising 150 firm orders plus 150 options for new fuel-efficient […]