Business

MG JW Automobile Pakistan Pvt. Ltd. Partners with Wafi Energy Pakistan Limited – Licensee for Shell in Pakistan (formerly Shell Pakistan Limited) – to Introduce MG Motor Oil in Pakistan – CustomsNews.pk Daily

MG JW Automobile Pakistan Pvt. Ltd. Partners with Wafi Energy Pakistan Limited – Licensee for Shell in Pakistan (formerly Shell Pakistan Limited) – to Introduce MG Motor Oil in Pakistan – CustomsNews.pk Daily

Lahore, Pakistan: MG JW Automobile Pakistan Pvt. Ltd. has announced a landmark collaboration with Wafi Energy Pakistan Limited to launch MG Motor Oil in Pakistan. The signing ceremony was held at the MG CKD Plant in Lahore, attended by Mr. Shao, CEO MG Motors Pakistan, Mr. Danish Ansari, Director Lubricants Wafi Shell, and senior leadership from both companies. This strategic partnership …

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Ahmed Azeem Alvi Resigns, Abdul Rehman Fudda Elected SAI President – CustomsNews.pk Daily

Ahmed Azeem Alvi Resigns, Abdul Rehman Fudda Elected SAI President – CustomsNews.pk Daily

KARACHI: The Executive Committee of the S.I.T.E. Association of Industry has formally accepted the resignations of Ahmed Azeem Alvi, Khalid Riaz and Muhammad Riaz Dhedhi from their respective offices as President, Senior Vice President and Vice President of the Association for Remainder tenure. Their resignations were duly received by the Secretary General and subsequently approved by the Executive Committee. Later, …

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Understanding Seedance 2.0’s Multi-Modal Input: My First Project

Understanding Seedance 2.0’s Multi-Modal Input: My First Project

When I first heard about “multi-modal input,” it sounded intimidating. Images, videos, audio, text—all working together in a single video generation? I wasn’t sure how that actually worked in practice, or if I even needed all those features. But once I started experimenting with Seedance 2.0, I realized the multi-modal capability wasn’t a complicated luxury feature; it was actually the …

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Aston Martin issues fresh profit warning and sells F1 naming rights for £50m

Aston Martin issues fresh profit warning and sells F1 naming rights for £50m

Aston Martin has issued another profit warning and agreed to sell the permanent naming rights to its Formula One team for £50m, as the British marque grapples with falling deliveries, mounting debt and the impact of US tariffs. The carmaker, majority-owned by Canadian billionaire Lawrence Stroll, said earnings for 2025 would be worse than City forecasts, marking its fifth profit …

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Depop sold to eBay at 25% discount to 2021 valuation

Depop sold to eBay at 25% discount to 2021 valuation

Depop has been sold to eBay for $1.2bn, marking a 25 per cent discount to the price paid five years ago by Etsy. Etsy acquired the London-founded second-hand fashion platform for $1.6bn in 2021 at the height of pandemic-era ecommerce growth. The resale comes as Etsy refocuses on its core handmade and vintage marketplace. Founded in 2011 by English-Italian entrepreneur …

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Record January surplus boosts public finances as tax receipts surge

Record January surplus boosts public finances as tax receipts surge

Britain recorded its largest monthly budget surplus on record in January as rising tax receipts and a sharp fall in debt interest costs boosted the public finances. Figures from the Office for National Statistics show government revenues exceeded spending by £30.4bn in January, the highest surplus since monthly records began in 1993 and well above City forecasts of £23.8bn. January …

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£42,000 roaming bill nearly bankrupts family firm after TikTok use abroad

£42,000 roaming bill nearly bankrupts family firm after TikTok use abroad

A Manchester business owner was left facing a £42,000 mobile phone bill after his daughter streamed TikTok on holiday in Morocco, a charge he said nearly pushed his small company into financial crisis. Andrew Alty, who runs a curtains business, discovered the scale of the bill while on a family trip to Marrakech after receiving an initial £22,000 invoice from …

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Asos co-founder Quentin Griffiths dies after fall in Thailand

Asos co-founder Quentin Griffiths dies after fall in Thailand

Quentin Griffiths, the British co-founder of online fashion retailer Asos, has died after falling from a high-rise apartment building in Pattaya, according to local reports. Griffiths, 58, is reported to have fallen from the 17th floor of his condominium. Emergency services attended the scene and confirmed his death. Thai police said there were no immediate signs of disturbance inside the …

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Towering over the competition: which companies are driving 2026’s tourism hotspots?

Towering over the competition: which companies are driving 2026’s tourism hotspots?

Global tourism is experiencing a powerful resurgence in 2026, with several countries and regions gaining momentum thanks to transformative development projects led by influential hospitality and construction companies. These companies are not only shaping visitor experiences but also redefining the global tourism map through strategic planning, expansion, and large-scale initiatives. From cultural capitals to revitalised coastal resorts, new spots are …

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How Specialist Services Shape Business Growth in Competitive Local Markets

How Specialist Services Shape Business Growth in Competitive Local Markets

Modern businesses operate in crowded markets where visibility, trust, and operational stability often determine whether growth is sustainable or fragile. Owners are no longer competing only on price or location. They are competing on how well their services are positioned, maintained, and communicated to the people who need them most. This reality applies across industries, from professional services to trade-based …

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