Companies

US opens probe into 73,000 Chevrolet Volt cars over loss of power

WASHINGTON: A US auto safety regulator said on Friday it is opening an investigation into 73,000 Chevrolet Volt...

Published 01 Dec, 2023 05:21pm

Companies

Automakers continue to shut production amid falling demand, raw material shortage

Amid a decline in demand and the inability to procure much-needed raw material, various companies in the auto sector...

Updated 01 Dec, 2023 06:06pm

Companies

Swiss Re targets higher 2024 net income of $3.6bn

ZURICH: Swiss Re expects to increase its net income to more than $3.6 billion for 2024, the company said on Friday,...

Published 01 Dec, 2023 12:35pm

Companies

Pakistan’s Interloop Limited completes equity stake in USA’s Top Circle Hosiery Mills

Interloop Limited (ILP), one of Pakistan’s largest textile exporters, has completed the acquisition of Top Circle...

Updated 01 Dec, 2023 04:01pm

Companies

VISA, VRG sign strategic partnership agreement

KARACHI: The SPA brings together VISA the world’s leader in digital payments with its network of networks strategy...

Published 01 Dec, 2023 04:43am

Companies

AbbVie to buy cancer drugmaker ImmunoGen for $10bn

NEW YORK: AbbVie will buy ImmunoGen for $10.1 billion in cash, it said on Thursday, the latest major drugmaker to ...

Published 01 Dec, 2023 04:43am

Companies

CCP grants approval for acquisition of SSIL by CRE

ISLAMABAD: China based M/s CNNP Rich Energy Co Ltd strategically invests in Pakistan’s renewable energy sector...

Published 01 Dec, 2023 04:43am

Companies

Haier S800 LED TV: the game changer with redefined entertainment

In the realm of LED TVs, Haier has long been known for innovation and cutting-edge technology. The Haier S800 LED TV...

Published 30 Nov, 2023 05:48pm

Companies

Mughal Iron & Steel Industries completes acquisition of energy subsidiary

Mughal Iron & Steel Industries Limited, one of Pakistan’s largest steel manufacturers, has successfully...

Updated 30 Nov, 2023 10:48pm

Companies

Honda to invest $3.4bn on electric two-wheelers this decade

TOKYO: Japanese auto giant Honda said it plans to invest 500 billion yen ($3.4 billion) in production of electric...

Published 30 Nov, 2023 12:41pm

Companies

FCCL commissions Greenfield Cement Manufacturing Plant in Punjab

Fauji Cement Company Limited (FCCL), one of the largest cement manufacturers in Pakistan, has successfully...

Published 30 Nov, 2023 11:15am

Companies

Too big to ignore: this partner at Dubai-based VC firm has a ‘long-term view’ on markets like Pakistan

Sacha Haider, who sees 5-10 pitchdecks a week from different markets, believes UAE and Dubai’s B2G model is perfectly viable for Pakistan as well

Updated 30 Nov, 2023 10:28am

Companies

Record for city: Dubai Taxi gets $41bn in orders for $315mn IPO

Offer massively oversubscribed
Final offer price set at Dh1.85, indicating a market value of Dh4.6 billion when company starts trading on the Dubai Financial Market on December 7

Published 30 Nov, 2023 12:22am

Companies

Emirates tells Rolls-Royce: Go back to basics, put products first

PARIS: The head of Dubai's Emirates has urged Rolls-Royce (RR.L) to go "back to basics" and focus on the performance...

Published 30 Nov, 2023 12:08am

Companies

GameStop shares climb on strong volume

Shares of retail traders’ darling GameStop jumped 12.5% in strong premarket trading volume on Wednesday, looking to...

Published 29 Nov, 2023 04:50pm

Companies

Avari Hotels, Avari family target of alleged blackmail & vilification campaign

Unknown party claiming compensation in Bitcoin

Updated 30 Nov, 2023 12:11pm

Companies

GM to buy back $10 billion in shares, cut Cruise spending

General Motors said on Wednesday it will buy back $10 billion in shares and boost its dividend by 33%, even as it...

Published 29 Nov, 2023 04:47pm

Stocks

TPL Life Insurance, Dar Es Salam Textile Mills move ahead with merger talks

The Board of Directors (BoD) of TPL Life Insurance and Dar Es Salam Textile Mills Limited have approved a scheme of...

Updated 29 Nov, 2023 09:38pm

Companies

Toyota’s October global output hits record despite supplier accident

TOKYO: Toyota Motor said on Wednesday its October global vehicle production hit a record for that month, helped by...

Published 29 Nov, 2023 11:27am

Companies

Honda’s first EV motorcycle unveiled

KARACHI: Chief Officer of Motorcycle and Power Products of Atlas Honda Noriaki Abe has unveiled Honda’s first EV...

Published 29 Nov, 2023 05:09am

Companies

Atlas Honda tests the waters with electric scooter called ‘BENLY e’ in Pakistan

Displays new line during soft launch in Sheikhupura

Published 28 Nov, 2023 06:50pm

Companies

EasyJet rebounds into annual profit

LONDON: British no-frills airline EasyJet on Tuesday announced a return to annual net profits after three years of...

Published 28 Nov, 2023 03:05pm

Companies

Toyota group companies plan $4.7bn sale of Denso stake

TOKYO: Toyota group companies plan to cut their holdings in auto supplier Denso by selling about 10% of the company...

Published 28 Nov, 2023 12:48pm

Companies

Jubilee Life Ins marks 5-year milestone in empowering youth

KARACHI: Jubilee Life Insurance, Pakistan’s largest private sector insurance company, proudly celebrated its 5th...

Published 28 Nov, 2023 04:56am

Companies

TikTok owner ByteDance cuts hundreds of jobs in gaming division

BEIJING: Chinese tech giant and TikTok owner ByteDance is slashing hundreds of jobs in its gaming unit, a source...

Published 27 Nov, 2023 10:51pm

South Asia

Sri Lanka approves Sinopec’s $4.5bn refinery proposal

COLOMBO: Sri Lanka on Monday approved a proposal by China’s Sinopec to build a $4.5 billion refinery, its energy...

Published 27 Nov, 2023 05:49pm

Energy

Bangladesh’s Summit Group in final talks to sign LNG deal with Petrobangla

SINGAPORE: Bangladesh’s Summit Group is in the last stage of discussions with the government to provide the nation...

Published 27 Nov, 2023 05:42pm

Business & Economy

Kohinoor Spinning, Abu Dhabi-based group enter MoU for mineral-based business in Pakistan

Nation Trust Holding (TNTH) plans to invest AED30mn, says KOSM in PSX notice

Updated 27 Nov, 2023 10:55pm

Energy

Rising electricity costs: Ghani Chemical to set up coal power plant at Port Qasim

Facing rising electricity costs, the Board of Directors (BoD) of Ghani Chemical Industries Limited (GCIL) has...

Updated 27 Nov, 2023 10:39pm

Companies

OGDC organises walk for its employees

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL), in alignment with its Health, Diversity and ...

Published 26 Nov, 2023 03:31am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 4 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 4 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 4 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 4 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 4 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 4 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 4 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 4 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 4 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 4 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 4 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 4 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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