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Amazon

Amazon to cut 9,000 jobs in second round of layoffs

Amazon.com Inc said on Monday it would cut 9,000 jobs, making it the latest Big Tech company to announce a second...

Published 20 Mar, 2023 09:17pm

Technology

Tech-sponsored study criticises plan to exclude non-EU cloud vendors

BRUSSELS: A proposed European Union cloud security label that could exclude Amazon, Alphabet’s Google, Microsoft and...

Published 06 Mar, 2023 10:52am

Life & Style

What to watch this March: 'Aasman Bolay Ga', 'What's Love Got To Do With It?,' John Wick: Chapter 4'

The advent of Spring brings many things, but aside from Basant, lawn fever and a stifling weather, it also brings...

Published 02 Mar, 2023 01:49am

Technology

ChatGPT launches boom in AI-written e-books on Amazon

SAN FRANCISCO: Until recently, Brett Schickler never imagined he could be a published author, though he had dreamed...

Published 21 Feb, 2023 05:45pm

Business & Finance

Dell to cut 5pc of its global workforce

WASHINGTON: American computer firm Dell said Monday that it will lay off some five percent of its global workforce,...

Published 13 Feb, 2023 05:57am

Business & Finance

Disney lays off 7,000 as streaming subscribers decline

SAN FRANCISCO: Entertainment giant Disney said Wednesday it was laying off 7,000 employees, as CEO Bob Iger ...

Published 09 Feb, 2023 01:19pm

Technology

German software giant SAP to cut 3,000 jobs

FRANKFURT: German software giant SAP on Thursday said it planned to cut some 3,000 jobs this year, joining a wave of...

Published 26 Jan, 2023 02:49pm

World

Amazon faces first strike by UK workers

LONDON: Online retail giant Amazon was Wednesday facing its first strike by UK workers, who are protesting over a ...

Published 26 Jan, 2023 05:58am

Markets

Wall St falls as Microsoft outlook dents tech stocks

NEW YORK: Wall Street benchmarks dropped on Wednesday as a decline in technology stocks after Microsoft’s downbeat...

Published 26 Jan, 2023 05:58am

Business & Finance

Amazon launches air freight service in India

BENGALURU: Amazon.com Inc on Monday launched its own air cargo fleet in India, Amazon Air, as it seeks to expand and...

Published 23 Jan, 2023 02:06pm

Business & Finance

Amazon plans to shut three UK warehouses

LONDON: Amazon plans to shut three warehouses in Britain in a move that will impact 1,200 jobs, but workers will be...

Published 16 Jan, 2023 06:18am

Business & Finance

US labor board upholds landmark Amazon union vote

NEW YORK: Amazon’s objections to a landmark unionization vote by workers in one of the retail giant’s US warehouses...

Published 12 Jan, 2023 10:54am

Business & Finance

Tech giant Salesforce to lay off 10pc of workers

NEW YORK: Cloud computing giant Salesforce on Wednesday said it was shedding about 10 percent of its employees, or...

Published 09 Jan, 2023 06:00am

Business & Finance

Amazon layoff signals more pain for tech sector as recession fears mount

BENGALURU: The massive job cuts by Amazon.com Inc , one of the biggest private employers in the United States, show...

Published 09 Jan, 2023 06:00am

Perspectives

Using Artificial Intelligence for hiring: there are pros and cons

Is Artificial Intelligence (AI) creeping in or is it the new normal? 10 seconds is how long a new ChatGPT takes to...

Updated 08 Jan, 2023 07:37pm

Business & Finance

Amazon CEO says job cuts to exceed 18,000 roles

BENGALURU: Amazon.com Inc’s layoffs will now increase to more than 18,000 roles as part of a workforce reduction it...

Published 06 Jan, 2023 05:58am

Markets

Wall Street goes up as jobless claims data ease rate-hike worries

NEW YORK: Technology and growth stocks lifted Wall Street’s main indexes higher on Thursday after data pointing to...

Published 30 Dec, 2022 05:50am

World

Amazon can be liable when sellers breach trademarks: EU court

PARIS: Online retail giant Amazon can potentially be held responsible when third-party sellers on its website misuse...

Published 22 Dec, 2022 07:11pm

World

Amazon strikes deal with EU to close anti-trust probes

BRUSSELS: Online retail giant Amazon has reached an agreement with the European Commission to close two inquiries...

Published 20 Dec, 2022 06:38pm

World

Pentagon awards $9bn in cloud computing deals to four firms

WASHINGTON: The Pentagon announced Wednesday it has awarded $9 billion in cloud computing contracts to Amazon,...

Published 08 Dec, 2022 11:23am

Opinion

US Chamber of Commerce warns against draft EU plan to exclude non-EU cloud vendors

The US Chamber of Commerce and 12 other groups on Thursday warned the European Union against adopting rules that...

Published 02 Dec, 2022 05:47am

Life & Style

What to watch this December: 'Joyland', 'Tich Button', 'Emily in Paris' and more

As the holiday season brings along with it a requisite slew of fresh programming, new and returning shows as well as...

Updated 29 Nov, 2022 08:08pm

Markets

Wall Street losses limited as Amazon gains on upbeat Cyber Monday

NEW YORK: Wall Street’s main indexes fell on Monday amid worries about protests in major Chinese cities against...

Published 29 Nov, 2022 05:57am

Business & Finance

Amazon workers across world urged to strike on Black Friday

BERLIN/PARIS: Workers at Amazon sites across the world, including in the United States, Germany and France, were...

Published 25 Nov, 2022 07:57pm

Markets

Growth stocks boost Wall Street ahead of Fed minutes

NEW YORK: Wall Street’s main indexes rose on Wednesday as growth stocks gained after a mixed bag of economic data...

Published 24 Nov, 2022 04:28am

Technology

Amazon confirms it has begun laying off employees

SAN FRANCISCO: Amazon confirmed on Thursday that it is laying off staff, after days of rumors that the e-commerce...

Published 18 Nov, 2022 11:49am

Pakistan

Delhi HC bars Amazon India from selling Pakistan-made Rooh Afza

Court also asks Amazon to remove other products made in Pakistan

Updated 17 Nov, 2022 01:20pm

World

Amazon plans to invest $2.5 billion in Spain

MADRID: Amazon cloud computing unit AWS plans to invest $2.5 billion in Spain over the next 10 years which will...

Published 16 Nov, 2022 05:31pm

Business & Finance

Amazon to layoff 10,000 employees

NEW YORK: Amazon is preparing to lay off as many as 10,000 employees, The New York Times reported on Monday, making...

Published 16 Nov, 2022 05:50am

Business & Finance

Amazon to lay off thousands of employees

Amazon.com Inc is planning to lay off around 10,000 employees in corporate and technology roles beginning this week,...

Updated 15 Nov, 2022 02:12am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Mar 26 786 Investments Limited(786)	4.95 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Mar 26 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▼ 0.00 (0.00%)
Agro Allianz / Mar 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 26 Allied Bank Limited(ABL)	62.50 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 26 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▼ 0.00 (0.00%)
Abson Ind. / Mar 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Mar 26 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Mar 26 Attock Cement Pakistan Limited(ACPL)	56.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Mar 26 786 Investments Limited(786)	4.95 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Mar 26 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▲ 0.00 (0.00%)
Agro Allianz / Mar 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Mar 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Mar 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Mar 26 Allied Bank Limited(ABL)	62.50 ▲ 0.00 (0.00%)
Abbott Lab. / Mar 26 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▲ 0.00 (0.00%)
Abson Ind. / Mar 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Mar 26 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▲ 0.00 (0.00%)
Attock Cement / Mar 26 Attock Cement Pakistan Limited(ACPL)	56.07 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Mar 26 Worldcall Telecom Limited(WTL)	4,011,170 ▲ 0.00
Telecard Limited / Mar 26 Telecard Limited(TELE)	3,877,000 ▲ 0.00
TPL Properties / Mar 26 TPL Properties Limited(TPLP)	1,839,174 ▲ 0.00
Pak Elektron / Mar 26 Pak Elektron Limited(PAEL)	1,788,500 ▲ 0.00
Fauji Cement / Mar 26 Fauji Cement Company Limited(FCCL)	1,517,500 ▲ 0.00
Ghani Glo Hol / Mar 26 Ghani Global Holdings Limited(GGL)	1,464,753 ▲ 0.00
TRG Pak Ltd / Mar 26 TRG Pakistan Limited(TRG)	1,323,297 ▲ 0.00
Cnergyico PK / Mar 26 Cnergyico PK Limited(CNERGY)	1,307,610 ▲ 0.00
Fauji Foods Ltd / Mar 26 Fauji Foods Limited(FFL)	1,204,138 ▲ 0.00
Hascol Petrol / Mar 26 Hascol Petroleum Limited(HASCOL)	1,161,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 24	130.73
USD to Swiss Franc / Mar 24	0.92
Pound Sterling to USD / Mar 24	1.22
Euro to USD / Mar 24	1.08
UK LIBOR % / Mar 22	4.56

Stock	Volume
S&P 500 / Mar 24	3970.99
India Sensex / Mar 24	57527.10
Tokyo Nikkei / Mar 24	27385.25
Nasdaq / Mar 24	11823.96
Hang Seng / Mar 24	19915.68
FTSE 100 / Mar 24	7405.45
Dow Jones / Mar 24	32237.53
Germany DAX 30 / Mar 24	14957.23
France CAC40 / Mar 24	7015.10

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 22	175068
Crude Oil USD/Barrel / Mar 24	69.26
Gold Spot USD/Ounce / Mar 24	1978.21
Cotton US¢/pound / Mar 24	76.54

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