Author: Lucas

Clark Contracts has achieved a Platinum accredited membership as part of The 5% Club’s highly respected 2025–26 Employer Audit Scheme.  This prestigious recognition celebrates our ongoing dedication to nurturing talent through “earn and learn” opportunities, including Apprenticeships, Graduate Programmes, and Sponsored Student Placements, which empower our people to grow, learn, and thrive. The 5% Club comprises a movement of more than 1,200 forward-thinking employers who are championing inclusive, accessible, and impactful workplace learning. Collectively, members support over 2 million employees, with more than 121,000 engaged in “earn and learn” programmes. The rigorous Employer Audit independently validates achievements and future ambitions,…

LAHORE (Dunya News) – The Punjab government on Friday approved the Punjab Protection of Ownership of Immovable Property Ordinance 2025 to tackle those involved in land grabbing and unlawful possession of public property. Presiding over a key meeting on public ownership issues, Chief Minister Maryam Nawaz Sharif announced that land dispute cases in Punjab will no longer drag on for years. Under the new system, every land possession case will be decided within 90 days through a Dispute Resolution Committee (DRC). The CM stated, “No one will be allowed to seize anyone’s land in Punjab anymore. For a common person,…

The Federal Reserve cut interest rates by 25 basis points on Wednesday at the end of its two-day policy meeting. This is the second time the central bank has cut interest rates this year. However, stocks pulled back from their earlier highs despite the much-anticipated announcement by the Federal Reserve. Although the quarter percentage point rate cut was expected to boost markets, comments from Fed Chairman Jerome Powell somewhat dashed hopes of another rate cut in December. Inflation remains high and the rate cut was intended more to support the struggling labor market. Given this situation, it would be ideal…

Pang Zhibo, a leading expert on industrial chips and robots with high-end manufacturing giant ABB in Sweden, has returned to China and joined Peking University as a fully tenured professor.As ABB’s senior principal scientist, Pang was second only to the company’s chief technology officer – who personally appointed him – and oversaw more than 800 developers and 80 technical products globally across all business areas.Pang Zhibo, who has joined Peking University after a distinguished career in Sweden with industrial manufacturing giant ABB. Photo: HandoutThe Swiss-Swedish multinational, best known for robotics, motors, energy and automation, is one of the largest industrial…

American singer Billie Eilish called on billionaires to “give your money away”, at the Wall Street Journal’s Innovator Awards in New York on Wednesday. “If you’re a billionaire, why are you a billionaire?” the singer asked during her acceptance speech in a room that included billionaires Mark Zuckerberg and George Lucas. “If you have money, it would be great to use it for good things, maybe give it to some people that need it,” she said. Eilish revealed she would be donating $11.5 million from her Hit Me Hard and Soft Tour to various organisations and charities. Source link

This photo taken on Oct 16, 2025 shows a view of a factory of Jiangsu Yueda Kia Motors Co Ltd in Yancheng, East China”s Jiangsu province. [Photo/Xinhua] The purchasing managers’ index of China’s manufacturing industry came in at 49.0 in October, down 0.8 percentage points from the previous month, data released by the National Bureau of Statistics showed on Friday. The non-manufacturing business activity index was 50.1 in October, up 0.1 percentage points from the previous month, moving into the expansionary range. By industry, the business activity index for the service industry reached 50.2, also rising 0.1 percentage points month-on-month,…

Fed Signals Uncertainty on Policy Outlook Fed Chair Jerome Powell acknowledged divisions within the committee regarding the path of future monetary policy. “We’re not on a preset course,” Powell said, noting that upcoming inflation and labor data will guide further decisions. The cautious stance dampened expectations for additional rate cuts in December, though traders remain alert to potential dovish shifts if economic indicators weaken. Economic Data Adds to Volatility Fresh economic data added to market uncertainty. Pending home sales in the U.S. stalled at 0.0% against expectations of 1.6%, while crude oil inventories surged by 6.9 million barrels, suggesting softer…

Total crude oil processed by Indian refineries in Sept 2025 was 21 MMT, down 0.8% from Sept 2024.New Delhi: India’s crude oil and condensate production stood at 2.3 million metric tonnes (MMT) in September 2025, marking a 0.8 per cent decline compared to the same month last year, according to data released by the Petroleum Planning and Analysis Cell (PPAC).Of the total production, 75.2 per cent came from nomination fields, 13.7 per cent from pre-NELP fields, and 10.9 per cent from NELP blocks, the report said.Refinery throughput and crude processingTotal crude oil processed by Indian refineries in September 2025 was…

APAC fintech leader recognised for enabling brokers to seamlessly expand their market reach with professional white label trading solutions.m-FINANCE, a fully-owned subsidiary of Nasdaq-listed MF International Limited (Nasdaq: MFI), has been recognised by the UF AWARDS APAC 2025 for its flagship mF4 platform, which received the ‘Best White Label Trading Solution – APAC 2025’ award. As a master platform, mF4 platform allows brokers to create and manage multiple branded white labels, expanding their market reach and business opportunities. The fully-fledged trading infrastructure underlies the Fintech company’s powerful white-label solution, which includes trader terminals, a dealer desk, back office,…

The average price of motor insurance rose 9% between 2023 and 2024 to reach €623, according to the Central Bank. It said that the average expected cost of claims per policy increased 3% to €397, the highest it has been since 2014. The rising costs have been criticised by the Alliance for Insurance Reform which said it is directly contributing to the cost-of-living crisis. The Central Bank’s report on the motor insurance market said the primary reason for the increase was the rise in damage claims such as repairs which reached €192 per policy while injury costs claims remained lower…