Latest News on Business, Finance and Markets from Pakistan

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News

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Philippine ferry fire victims may take months to identify, authorities say

12+ hour, 46+ min ago   (423+ words) Authorities face weeks or months identifying 76 victims of a Philippine ferry fire, with 13 still missing. Investigators are probing the cause of the deadly maritime disaster. CORON: Authorities in ​the Philippines said on Sunday it could take weeks or months to…...

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Rescuers searching for 140 people from Indonesia passenger ship, official says

15+ hour, 45+ min ago   (236+ words) Indonesian rescuers are searching for 140 missing passengers after a ship carrying 243 lost contact in the Java Sea, with 103 evacuated and one fatality. JAKARTA: Indonesian rescuers were searching on Sunday for 140 people ​from a passenger ship that was earlier reported ⁠missing…...

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brecorder.com > news > 40/43/9262 > new-report-of-attack-on-strait-of-hormuz-shipping-fans-fears-of-threats-to-oil-supplies

New report of attack on Strait of Hormuz shipping fans fears of threats to oil supplies

16+ hour, 13+ min ago   (809+ words) New attacks in the Strait of Hormuz and on a Saudi oil pipeline escalate Middle East tensions, threatening global energy supplies and driving up oil prices. ADEN/DUBAI: Maritime trackers received new reports of an attack on a ship in…...

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brecorder.com > news > 40/43/9176 > philippine-ferry-fire-death-toll-climbs-to-76-as-identification-process-begins

Philippine ferry fire death toll climbs to 76 as identification process begins

1+ day, 7+ hour ago   (556+ words) The death toll from a Philippine ferry fire has risen to 76 after 41 more bodies were discovered. The fire, which spread rapidly, left many missing, highlighting the nation's history of maritime accidents. CORON: The death toll from a Philippine ferry fire…...

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brecorder.com > news > 40/43/9152 > us-limits-air-defence-time-slots-for-tankers-sailing-through-hormuz-reports

US limits air defence time slots for tankers sailing through Hormuz, reports

1+ day, 15+ hour ago   (198+ words) The U.S. has asked tankers travelling through the Strait of Hormuz to sail only at specific times to guarantee military protection after Iran stepped up attacks on ships travelling at night, the Financial Times reported on Saturday. Washington has been offering…...

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brecorder.com > news > 40/43/9116 > houthis-reach-strategic-island-at-mouth-of-vital-shipping-lane

Houthis reach strategic island at mouth of vital shipping lane

1+ day, 20+ hour ago   (444+ words) ADEN/DUBAI: Yemen’s Houthis reached the strategic island of Perim in the Bab el-Mandeb Strait on Friday, four Yemeni government sources told Reuters, moving to tighten their grip on a vital global shipping route in the widening Middle East war....

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brecorder.com > news > 40/43/9114 > 5-killed-in-dutch-coach-crash-in-switzerland

5 killed in Dutch coach crash in Switzerland

1+ day, 20+ hour ago   (96+ words) GENEVA: Five people were killed and 40 others injured when a coach carrying Dutch tourists in eastern Switzerland crashed this week, police said on Friday. The accident happened at 4:45 pm (1445 GMT) Thursday between the communes of Susch and Zernez in the…...