Companies

VW Group to settle UK ‘dieselgate’ claims for £193mn

LONDON: Volkswagen on Wednesday said it would pay £193 million ($242 million, 226 million euros) to British...

Published 25 May, 2022 08:44pm

Vedanta to finalize $20 billion Indian chip, display unit site by mid-June: Chairman

DAVOS: Vedanta will finalize a location for its $20 billion semiconductor and display plants in India by mid-June...

Published 25 May, 2022 08:22pm

Companies

Pfizer to sell all its patented drugs at nonprofit price in low-income countries

Pfizer Inc will make all of its patented medicines including COVID-19 treatment Paxlovid and big-selling breast...

Published 25 May, 2022 12:55pm

Companies

KCFR signs MoU with SACC at Davos

ISLAMABAD: To strengthen trade and economic relations between Pakistan and Switzerland, Pakistani think tank Karachi...

Published 25 May, 2022 04:40am

Companies

Samsung commits $356bn in investments with 80,000 new jobs

SEOUL: South Korean conglomerate Samsung Group on Tuesday unveiled a massive 450 trillion won ($356 billion)...

Published 25 May, 2022 04:40am

Companies

Philip Morris introduces new strategies

KARACHI: Philip Morris International Inc. (PMI) released its third annual Integrated Report (“the Report”) which...

Published 25 May, 2022 04:40am

Ford to pay US states $19.2mn over false advertising claims

WASHINGTON: Ford Motor Co will pay $19.2 million to resolve allegations it falsely advertised real-world fuel...

Published 24 May, 2022 10:12pm

Lufthansa aims for 20% stake in ITA Airways

FRANKFURT: Germany’s Lufthansa wants to acquire a 20% stake in state-owned Italian airline ITA Airways, the...

Published 24 May, 2022 07:45pm

KPMG fined 3.3mn pounds over Rolls-Royce audit

LONDON: Britain’s accounting watchdog said on Tuesday it has fined KPMG 3.3 million pounds ($4.16 million) over the...

Published 24 May, 2022 05:55pm

Companies

Samsung Group commits $356bn in investments with 80,000 new jobs

SEOUL: Samsung Group on Tuesday unveiled a massive $356 billion investment blueprint for the next five years aimed ...

Updated 24 May, 2022 02:01pm

Companies

Toyota to cut global production plan by 100,000 in June

TOKYO: Toyota Motor Corp will cut its global production plan by about 100,000 to roughly 850,000 vehicles in June...

Published 24 May, 2022 11:01am

Companies

Hyundai Motor Group to invest $50bn in South Korea through 2025

SEOUL: Hyundai Motor Group said on Tuesday it plans to invest 63 trillion won ($49.86 billion) in South Korea...

Published 24 May, 2022 10:10am

Companies

VIS maintains entity ratings of Samba Bank

KARACHI: VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of Samba Bank Limited (‘SBL’...

Published 24 May, 2022 05:35am

Starbucks to exit Russia after nearly 15 years

Starbucks Corp said on Monday it will exit the Russian market after nearly 15 years as the coffee chain joins...

Published 23 May, 2022 06:29pm

Stocks

Majority of shareholders voted in favour of Didi’s New York delisting plans

A majority shareholders of Chinese ride-hailing giant Didi Global voted in favour of its plan to delist from the New...

Published 23 May, 2022 06:05pm

Europe

Pfizer Covid vaccine for under-fives effective with three doses

WASHINGTON: The Pfizer-BioNTech Covid vaccine is safe and effective for children aged six months to under five years...

Published 23 May, 2022 05:49pm

Canada to ban Huawei/ZTE 5G equipment, joining Five Eyes allies

OTTAWA: Canada on Thursday said it plans to ban the use of China’s Huawei Technologies Co Ltd and ZTE Corp 5G gear...

Published 20 May, 2022 06:43pm

Companies

Netflix to pay $59 million to settle Italian tax dispute

MILAN: U.S. streaming service Netflix has agreed to settle a tax dispute with Italy, the company and legal sources...

Published 20 May, 2022 06:27pm

Companies

Pharma giant GSK says ‘no basis' for paracetamol bribe allegations

Pakistan Young Pharmacist Association says regulatory officials received bribes to register globally banned paracetamol 665mg

Updated 20 May, 2022 05:30pm

Samsung boss Lee hosts Biden, Yoon in tour of S. Korea chip plant

SEOUL: Samsung Electronics Vice Chairman Jay Y. Lee hosted U.S. President Joe Biden’s tour of a semiconductor plant...

Published 20 May, 2022 05:20pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 26 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 26 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 26 Allied Bank Limited(ABL)	75.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 26 Abbott Laboratories (Pakistan) Limited(ABOT)	640.70 ▼ 0.00 (0.00%)
Abson Ind. / May 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 26 Alfalah Consumer Index ETF.(ACIETF)	9.39 ▼ 0.00 (0.00%)
Attock Cement / May 26 Attock Cement Pakistan Limited(ACPL)	81.46 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 26 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 26 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 26 Allied Bank Limited(ABL)	75.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 26 Abbott Laboratories (Pakistan) Limited(ABOT)	640.70 ▼ 0.00 (0.00%)
Abson Ind. / May 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 26 Alfalah Consumer Index ETF.(ACIETF)	9.39 ▼ 0.00 (0.00%)
Attock Cement / May 26 Attock Cement Pakistan Limited(ACPL)	81.46 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 24	201.30
USD PKR Interbank Buying / May 24	201.10
USD to Japanese Yen / May 24	126.88
USD to Swiss Franc / May 24	0.96
Pound Sterling to USD / May 24	1.25
Euro to USD / May 24	1.07
UK LIBOR % / May 24	0.82

Stock	Volume
S&P 500 / May 24	3941.48
India Sensex / May 24	54052.61
Tokyo Nikkei / May 24	26748.14
Nasdaq / May 24	11264.45
Hang Seng / May 24	20112.10
FTSE 100 / May 24	7484.35
Dow Jones / May 24	31928.62
Germany DAX 30 / May 24	13919.75
France CAC40 / May 24	6253.14

Item	Value
Crude Oil USD/Barrel / May 24	110.54
Karachi Cotton PKR/37.32 KG / May 24	21180.00
Gold 10 Grams PKR / May 24	118500.00
Gold Spot USD/Ounce / May 24	1866.30
Cotton US¢/pound / May 24	123.78

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