peer – ThePakistanInsights.com

Major Japan regional bank seeks stake in peer as interest rates rise

March 26, 2025

Nippon Steel still seeks 100% of US Steel in final pitch to Trump
TOKYO — Nippon Steel is seeking to own 100% of U.S. Steel in exchange for huge investments in the struggling steelmaker as the company makes a final push for the delayed acquisition to the Trump administration. “If [U.S. Steel] had been under Nippon Steel’s umbrella, they wouldn’t be in the situation they’re in currently,” Vice…
Cadillac’s EVs are attracting new buyers, including more customers trading in Teslas
DETROIT — Cadillac’s expanding all-electric vehicle lineup is attracting a notable number of new buyers to the American luxury brand, including an increase this year of Tesla owners trading in their EVs. The General Motors brand reports nearly 8 out of every 10 customers purchasing a Cadillac EV are new to Cadillac, with around 10% of those customers trading in a Tesla.…
Govt Plans to Increase Petroleum Levy in Upcoming Budget
Govt Plans to Increase Petroleum Levy in Upcoming Budget The federal government has decided to remove the cap on the Petroleum Development Levy (PDL) to charge a levy of over Rs. 100 per liter and generate Rs. 194 billion from the next fiscal year 2025-26. Sources told that Pakistan will increase the PDL beyond the…
Nippon Steel pledges US Steel revival in final pitch to Trump
TOKYO — Nippon Steel is betting that a promise of huge investments to turn around struggling U.S. Steel will convince the Trump administration to greenlight the long-delayed acquisition as the Japanese steelmaker makes a final push for approval. “If [U.S. Steel] had been under Nippon Steel’s umbrella, they wouldn’t be in the situation they’re in…
‘Seven Husbands of Evelyn Hugo’ author Taylor Jenkins Reid comes out as bisexual
Taylor Jenkins Reid, the author of several bestselling novels including “The Seven Husbands of Evelyn Hugo,” “Daisy Jones & The Six” and “Malibu Rising,” came out as bisexual in an interview with Time magazine. “It has been hard at times to see people dismiss me as a straight woman, but I also didn’t tell them…
Trump on discussion with House Republicans over budget bill: ‘A meeting of love’
IE 11 is not supported. For an optimal experience visit our site on another browser. Judge strikes down DOGE takeover of the U.S. Institute of Peace 01:20 Now Playing Trump on discussion with House Republicans over budget bill: ‘A meeting of love’ 05:49 UP NEXT Supreme Court allows Trump to revoke protected status for thousands…
Dollar slides as upcoming US-Japan talks revive currency speculation
BANFF, Canada — Downward pressure on the dollar is mounting ahead of Wednesday’s meeting of Group of Seven finance ministers and central bankers here, as market watchers speculate that the U.S. will push Japan to address the weak yen. Amid a stream of negative news including a credit rating downgrade for U.S. government debt, observers…
Buy now, pay never? Some Klarna users struggle to repay loans as U.S. consumer debt rises
Klarna’s customers are having a harder time paying back the installment loans they take out with the popular “buy now, pay later” service. The Swedish company’s net losses doubled in the first quarter even as its user base and revenue grew, Klarna reported Monday, weeks after pausing its plans to go public over concerns about…