economic setback – ThePakistanInsights.com

India faces economic setback as Pakistan shuts airspace and suspends trade

April 24, 2025

E.l.f. Beauty to acquire Hailey Bieber skincare brand Rhode in up to $1 billion deal
E.l.f. Beauty announced on Wednesday plans to acquire Hailey Bieber’s beauty brand Rhode in a deal worth up to $1 billion as the cosmetics company looks to expand further into skincare. The acquisition — E.l.f.’s biggest ever, according to FactSet — is comprised of $800 million in cash and stock, plus an additional potential $200…
Discount coffee, hotels thrive in China’s penny-pinching economy
DALIAN, China — As a wave of cost-consciousness sweeps across China, businesses offering quality at a discount have seen earnings surge while their high-end peers struggle. Quanjude, the restaurant chain known for its gourmet Peking duck, saw revenue shrink 7% on the year during the first quarter through March.
Who is Grant Hardin, ‘Devil in the Ozarks’ ex-police chief who escaped Arkansas prison?
A former Arkansas police chief was serving a decades-long sentence for a brutal rape and murder when he escaped from a Calico Rock prison Sunday by disguising himself in a “makeshift” law enforcement uniform, officials said. The search for Grant Hardin, 56, sparked urgent warnings from local law enforcement, put residents of a small northwest…
JD Vance says crypto can help everyday Americans. Here’s how many actually use it.
Vice President JD Vance and two of President Donald Trump’s sons were in Las Vegas on Wednesday to talk about cryptocurrencies and how the financial instrument can help ordin people. Vance told attendees at the Bitcoin 2025 conference that “we have a once in a generation opportunity to unleash innovation and use it to improve…
Mitsubishi Fuso brings EV trucks to Malaysia and Philippines
TOKYO — Mitsubishi Fuso Truck and Bus plans to launch an electric truck in Malaysia and the Philippines as early as this year, hoping to take an early lead over Chinese automakers that have already made inroads in Southeast Asia’s passenger vehicle market. The company will start taking orders for the Japanese-made light-duty eCanter truck…
Knicks and Timberwolves are fighting for their playoff lives
A potential NBA Finals matchup is in sight, as both the Oklahoma City Thunder and the Indiana Pacers have taken 3-1 leads in the conference finals. The Thunder will have an opportunity to close out the Minnesota Timberwolves on the road Wednesday, while the Pacers will try to eliminate the New York Knicks in Madison…
Philippine Senate shake-up signals tougher line on China
Alvin Camba is a critical materials specialist at the Associated Universities Incorporated, where he specializes in China-Southeast Asia relations and critical resources. The results of the 2025 midterm elections in the Philippines are in. They revealed a notable increase in senators who are either openly critical of China or advocate a more cautious, balancing approach…
Family desperate for answers after New York man Jared Oswald’s May disappearance
“We choose faith, and we choose hope,” Esther Kwong told Dateline. “He will come home.” Esther’s brother, Jared Oswald, vanished on May 19. The 50-year-old was last spotted in Rochester, New York. “He would never do this,” Esther said. Jared OswaldEsther Kwong Jared, affectionately known as “Bear” by his family, grew up in Palmyra, New…