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Business Recorder Logo
Jan 25, 2021 PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Industry

GlobalWafers further raises bid for Siltronic to 4.35bn euros
Industry

GlobalWafers further raises bid for Siltronic to 4.35bn euros

  • The proposal has been in jeopardy after hardly any shareholders, besides Siltronic's former parent company Wacker Chemie which has 30.8%, accepted it.
  • GlobalWafers Chief Executive Doris Hsu said the revised terms were its final offer and that the offer reflected a fair price for all shareholders.
Published 23 Jan, 2021 07:33pm
KCCI, SFIC ink MoU
Industry

KCCI, SFIC ink MoU

KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) has signed a Memorandum of Understanding (MoU) with...
Published 23 Jan, 2021 03:56am
Reliance profit jumps as costs fall; revenue slides 21pc on oil hit
Industry

Reliance profit jumps as costs fall; revenue slides 21pc on oil hit

  • Reliance said on Friday its consolidated profit rose to 131.01 billion rupees ($1.79 billion) in the quarter ended Dec. 31 from 116.40 billion rupees a year earlier.
  • Analysts on average had expected a profit of 110.09 billion rupees, according to IBES data from Refinitiv.
Updated 22 Jan, 2021 08:02pm
Daraz launches 'dMotors'
Industry

Daraz launches 'dMotors'

KARACHI: Given the changing consumer behaviour and an increasing number of customers moving online, Pakistan's...
Published 20 Jan, 2021 04:29am
Boeing 737 MAX to get EU flight clearance next week
Industry

Boeing 737 MAX to get EU flight clearance next week

  • The EU Aviation Safety Agency (EASA) is one of the last major regulators to approve changes to the MAX and its anti-stall software.
  • We expect to publish it next week, which means the MAX will be cleared to fly again.
Published 19 Jan, 2021 05:55pm