Companies

IMC to increase production by 20pc by 2022

KARACHI: Indus Motor Company (IMC) has planned to increase further 20 percent production capacity by April 2022....

Published 24 Sep, 2021 04:40am

Companies

GM invests in Chinese autonomous driving startup Momenta

The company is also backed by SAIC Motor, GM's main Chinese partner, as well as Toyota Motor and Daimler AG

Published 23 Sep, 2021 12:00pm

Companies

China will buy 8,700 new airplanes over next 20 years: Boeing

BEIJING: Chinese airlines are likely to buy 8,700 planes worth $1.47 trillion over the next 20 years, Boeing Co said...

Published 23 Sep, 2021 11:15am

Companies

World's beautiful, Airbus says as air industry sets out green goals

The European company, which last year announced plans to develop a hydrogen-powered airplane from 2035

Published 23 Sep, 2021 10:34am

Companies

Boeing lifts China jet demand estimate over two decades to $1.47 trln

The 1.2% increase contrasted with the 6.3% growth Boeing forecast last year, which made China a bright spot in the aviation market at the height of coronavirus lockdowns worldwide

Published 23 Sep, 2021 10:31am

Companies

German auto giants place their bets on hydrogen cars

That's the view of some major automakers, including BMW and Audi, which are developing hydrogen fuel-cell passenger vehicle prototypes alongside their fleets of battery cars as part of preparations to abandon fossil fuels

Published 22 Sep, 2021 12:21pm

Companies

SoftBank backs Steven Mnuchin's $2.5 bln private equity fund

In a statement to the FT, SoftBank confirmed it had invested in Mnuchin's private equity firm, but it was unclear how much the Japanese company had contributed to the fund

Published 22 Sep, 2021 11:04am

Energy

ADNOC boosts size of drilling unit IPO to $1.1 billion

ADNOC had previously targeted a minimum stake of 7.5% in the IPO of ADNOC Drilling, at 2.3 dirhams ($0.6262) per share

Published 22 Sep, 2021 11:02am

Companies

Saudi Telecom's tech business locks in $966 million from IPO

The proceeds are before deducting fees, expenses and related costs, STC said in an exchange filing

Published 22 Sep, 2021 10:49am

Companies

US sues to block American Airlines-JetBlue alliance

Attorneys general in six states and the District of Columbia joined the lawsuit over the Northeast Alliance

Published 22 Sep, 2021 10:43am

Companies

Honda says domestic output at 40% of capacity in Aug-Sept, 70% in early Oct

Honda in a press release on its website said production in early October should rebound to 70% of capacity

Published 21 Sep, 2021 11:39am

Companies

Highnoon makes it to Forbes list again

Highnoon Laboratories Limited has made it to the Forbes Best Under a Billion List, the only pharmaceutical company...

Published 21 Sep, 2021 08:53pm

Companies

BMW, Daimler sued for refusing to tighten carbon emissions targets

The NGO, Deutsche Umwelthilfe, confirmed to Reuters that the lawsuits had been filed on Monday evening

Published 21 Sep, 2021 10:41am

Companies

India's Cars24 nearly doubles valuation to over $1.8bn after fund raise

CARS24 was founded in 2015 and dominates over 90% of India's online used-car marketplace, with operations across more than 130 cities in India

Published 20 Sep, 2021 12:23pm

Companies

Honda targets annual sales of 70,000 Prologue electric vehicles in US from 2024

Honda plans to add additional electric vehicle models as it aims to have sold a total of 500,000 electric vehicles in the United States by 2030

Published 20 Sep, 2021 11:23am

Companies

American Airlines, Microsoft join Gates-backed program to boost clean energy

The initiative aims to boost development of technologies to achieve the target of net-zero carbon emissions by 2050

Published 20 Sep, 2021 11:20am

Companies

Ford wakes up badly burnt from its India dream

Ford takes a $2 billion hit to stop making cars in India
Sales have stagnated at about 3 million cars

Published 17 Sep, 2021 05:22pm

Companies

VW's Skoda to halt Czech plants for a week due to chip shortage

Recent COVID-19 outbreaks in Asia, for example in Malaysia, are forcing semiconductor manufacturers to close their factories again

Published 16 Sep, 2021 06:41pm

Companies

Theater chain AMC to accept other cryptocurrencies along with bitcoin

Prices of bitcoin and ether were marginally down, while litecoin was up 1.7%. AMC's shares, one of the so-called "meme stocks", were down about 1% in premarket trading

Published 16 Sep, 2021 05:55pm

Companies

Sastaticket.pk features in Forbes Asia 100 to watch annual list

KARACHI: Sastaticket.pk, Pakistan’s largest online travel search and booking site, has been featured in Forbes ...

Published 16 Sep, 2021 04:02am

Pfizer says third COVID-19 shot warranted in FDA document

Pfizer says data from its own clinical trials shows that the vaccine efficacy had waned by around 6 percent every two months after the second dose

Published 15 Sep, 2021 06:53pm

Companies

FAW V2 discontinued in Pakistan, say dealers

Al Haj FAW Motors shifting focus to local assembly of Proton Saga

Published 15 Sep, 2021 06:10pm

Companies

Chevron triples low-carbon investment, pledges $10 billion through 2028

"With the anticipated strong cash generation of our base business, we expect to grow our dividend, buy back shares and invest in lower carbon businesses," Chief Executive Michael Wirth says

Published 14 Sep, 2021 04:49pm

Companies

K-Electric posts Rs11.99bn profit

Karachi: K-Electric’s recent submission of its financial results to the Pakistan Stock Exchange (PSX) reported a...

Published 14 Sep, 2021 03:55am

Companies

Gerry’s dnata becomes ground handler of Gulf Air in Pakistan

KARACHI: Gerry’s dnata, Pakistan’s leading ground services provider, has been awarded a multi-year contract by...

Published 14 Sep, 2021 03:55am

Companies

National Foods announces results for FY2021

KARACHI: National Foods Limited, at the group level, delivered a healthy topline and bottom-line growth of 20 ...

Published 14 Sep, 2021 03:55am

Companies

GM invests in Oculii, radar software maker for self-driving cars

Tesla Inc eliminated radar sensors from its volume models this year, rekindling questions about the safety and performance of its advanced driver assistant system

Published 13 Sep, 2021 04:58pm

Companies

IMC bags Consumer Choice Award for Toyota Yaris

KARACHI: Indus Motor Company (IMC) has bagged the Consumer Choice Award 2021, for the highest selling Sedan in...

Published 14 Sep, 2021 03:55am

Companies

Facebook and Ray-Ban debut 'smart' shades

SAN FRANCISCO: Facebook and iconic eyewear brand Ray-Ban on Thursday launched their new smart glasses, the latest...

Published 13 Sep, 2021 05:46am

Companies

Surge in electric vehicle sales power lithium prices as shortages loom

"Right now it's very simple: the market is so tight that players are fiercely competing for any spot tonnage available," says Max Deudon

Updated 13 Sep, 2021 07:01pm

Gainers
Losers
Leaders

Stock	Price
786 Investments / Sep 24 786 Investments Limited(786)	8.24 ▼ 0.00 (0.00%)
AL- Abbas / Sep 24 Al-Abbas Sugar Mills Limited(AABS)	290.00 ▼ 0.00 (0.00%)
Agro Allianz / Sep 24 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 24 Allied Bank Limited(ABL)	68.47 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 24 Abbott Laboratories (Pakistan) Limited(ABOT)	788.72 ▼ 0.00 (0.00%)
Abson Ind. / Sep 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Sep 24 Attock Cement Pakistan Limited(ACPL)	139.40 ▼ 0.00 (0.00%)
Adam Sugar / Sep 24 Adam Sugar Mills Limited(ADAMS)	33.50 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Sep 24 786 Investments Limited(786)	8.24 ▼ 0.00 (0.00%)
AL- Abbas / Sep 24 Al-Abbas Sugar Mills Limited(AABS)	290.00 ▼ 0.00 (0.00%)
Agro Allianz / Sep 24 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 24 Allied Bank Limited(ABL)	68.47 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 24 Abbott Laboratories (Pakistan) Limited(ABOT)	788.72 ▼ 0.00 (0.00%)
Abson Ind. / Sep 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Sep 24 Attock Cement Pakistan Limited(ACPL)	139.40 ▼ 0.00 (0.00%)
Adam Sugar / Sep 24 Adam Sugar Mills Limited(ADAMS)	33.50 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 23	169.10
USD PKR Interbank Buying / Sep 23	168.95
USD to Japanese Yen / Sep 23	110.33
USD to Swiss Franc / Sep 23	0.92
Pound Sterling to USD / Sep 23	1.37
Euro to USD / Sep 23	1.17
UK LIBOR % / Sep 23	0.07

Stock	Volume
S&P 500 / Sep 23	4448.98
India Sensex / Sep 23	59885.36
Tokyo Nikkei / Sep 23	29639.40
Nasdaq / Sep 23	15052.25
Hang Seng / Sep 23	24510.98
FTSE 100 / Sep 23	7078.35
Dow Jones / Sep 23	34764.82
Germany DAX 30 / Sep 23	15643.97
France CAC40 / Sep 23	6701.98

Item	Value
Crude Oil / Sep 23	73.24
Karachi Cotton Assoc. / Sep 23	12880.00
Gold 10 Grams / Sep 23	95800.00
Gold Spot / Sep 23	1741.44
Cotton / Sep 23	92.46

Companies

IMC to increase production by 20pc by 2022

GM invests in Chinese autonomous driving startup Momenta

China will buy 8,700 new airplanes over next 20 years: Boeing

World's beautiful, Airbus says as air industry sets out green goals

Boeing lifts China jet demand estimate over two decades to $1.47 trln

German auto giants place their bets on hydrogen cars

SoftBank backs Steven Mnuchin's $2.5 bln private equity fund

ADNOC boosts size of drilling unit IPO to $1.1 billion

Saudi Telecom's tech business locks in $966 million from IPO

US sues to block American Airlines-JetBlue alliance

Honda says domestic output at 40% of capacity in Aug-Sept, 70% in early Oct

Highnoon makes it to Forbes list again

BMW, Daimler sued for refusing to tighten carbon emissions targets

India's Cars24 nearly doubles valuation to over $1.8bn after fund raise

Honda targets annual sales of 70,000 Prologue electric vehicles in US from 2024

American Airlines, Microsoft join Gates-backed program to boost clean energy

Ford wakes up badly burnt from its India dream

VW's Skoda to halt Czech plants for a week due to chip shortage

Theater chain AMC to accept other cryptocurrencies along with bitcoin

Sastaticket.pk features in Forbes Asia 100 to watch annual list

Pfizer says third COVID-19 shot warranted in FDA document

FAW V2 discontinued in Pakistan, say dealers

Chevron triples low-carbon investment, pledges $10 billion through 2028

K-Electric posts Rs11.99bn profit

Gerry’s dnata becomes ground handler of Gulf Air in Pakistan

National Foods announces results for FY2021

GM invests in Oculii, radar software maker for self-driving cars

IMC bags Consumer Choice Award for Toyota Yaris

Facebook and Ray-Ban debut 'smart' shades

Surge in electric vehicle sales power lithium prices as shortages loom

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