Qaasid News

Download Our App

Author: admin

Continue Reading

  • Salman Safdar meets Imran Khan in Jail – Aaj English TV

    Salman Safdar meets Imran Khan in Jail – Aaj English TV

    1. Salman Safdar meets Imran Khan in Jail  Aaj English TV
    2. PTI lawyer Salman Safdar meets Imran at Adiala jail, says party founder appeared fine healthwise  Dawn
    3. Amicus curiae at Adiala  The Express Tribune
    4. SC permits Barrister Salman Safdar to meet…

    Continue Reading

  • Pakistan’s ranking in global corruption index edges up; score rises to 28 – Dawn

    1. Pakistan’s ranking in global corruption index edges up; score rises to 28  Dawn
    2. UK and US sink to new lows in global index of corruption  The Guardian
    3. US leads ‘worrying decline’ in democracies  The Jakarta Post
    4. Corruption watchdog sees ‘worrying’…

    Continue Reading

  • Malala urges world to isolate Taliban over girls’ education ban

    Malala urges world to isolate Taliban over girls’ education ban

    Summary

    • London: The Nobel Peace Prize laureate Malala Yousafzai has urged countries around the world to put pressure on the Taliban and avoid maintaining normal diplomatic relations with them due to their policies against women and girls in…

    Continue Reading

  • Oil major BP suspends buybacks in fresh sign of oil price pressure

    Oil major BP suspends buybacks in fresh sign of oil price pressure

    Trowbridge in Somerset, England, on March 15, 2025.

    Anna Barclay | Getty Images News | Getty Images

    British oil giant BP on Tuesday posted fourth-quarter profit in line with expectations and suspended share buybacks, seeking to shore up its balance sheet as lower crude prices take their toll.

    The London-listed energy firm reported underlying replacement cost profit, used as a proxy for net profit, of $1.54 billion for the final three months of 2025. That matched analyst expectations of $1.54 billion, according to an LSEG-compiled consensus.

    BP’s full-year 2025 net profit came in at $7.49 billion, missing analyst expectations of $7.58 billion. That’s down from nearly $9 billion in 2024.

    BP said the board decided to suspend the share buyback and fully allocate excess cash “to accelerate strengthening” of its balance sheet.

    “2025 was a year of strong underlying financial results, strong operational performance, and meaningful strategic progress,” Carol Howle, BP interim chief executive officer, said in a statement.

    “We have made progress against our four primary targets – growing cash flow and returns, reducing costs, and strengthening the balance sheet – but know there is more work to be done, and we are clear on the urgency to deliver,” she added.

    The results come at a tough time for Europe’s oil and gas sector.

    Oil prices notched their biggest annual loss since the Covid-19 pandemic last year, partly due to oversupply concerns, ratcheting up the pressure on Big Oil’s commitment to shareholder returns.

    BP’s industry rivals Equinor and Shell both reported weaker quarterly earnings last week, citing lower crude prices, among other factors.

    Equinor announced it would reduce share buybacks to $1.5 billion this year, down from $5 billion last year, while also trimming investments in its renewables and low-emission energy projects.

    Shell, for its part, kept its buybacks steady at $3.5 billion, a move that marked the firm’s 17th consecutive quarter of $3 billion or more in buybacks.

    This is breaking news. Please refresh for updates.

    Continue Reading

  • Zhong Kui Lunar New Year short hits nearly five million views in five hours · TechNode

    Zhong Kui Lunar New Year short hits nearly five million views in five hours · TechNode

    Chinese developer Game Science today released a six-minute Lunar New Year live-action short for its highly anticipated game Black Myth: Zhong Kui. The video, themed around ancient-style cooking, depicts a woman preparing dishes with…

    Continue Reading