Business News from Thursday, October 31st, 2024

The final bidding process for the privatisation of Pakistan International Airlines attracted just one bid of 10 billion Pakistani rupees ($36 million) for a 60% stake in the national flag carrier, the Privatisation Ministry said on Thursday.

Shell reported on Thursday third-quarter profits of $6 billion that exceeded forecasts by 12 per cent as higher liquefied natural gas (LNG) sales offset a sharp drop in oil refining and trading results.