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coronavirus
Coronavirus
VERY HIGH
Source: covid.gov.pk
Pakistan Deaths
29,042
524hr
Pakistan Cases
1,345,801
6,80824hr
Sindh
513,046
Punjab
456,992
Balochistan
33,780
Islamabad
113,688
KPK
182,950

EBITDA

Watches of Switzerland expects sales to rise 16-21pc in FY 2022
Business & Finance

Watches of Switzerland expects sales to rise 16-21pc in FY 2022

  • "Market conditions are going to be very favourable, there's a lot of money around and people want to go out, socialise, travel again," Brian Duffy said in an interview on Thursday.
  • "We are encouraged by the outlook, and management have a track record of prudent guidance," Barclays analysts said in a note, upgrading their price target to 825 pence from 625 pence.
Published 20 May, 2021 07:41pm
UAE tuition increase freezes create uncertainty for GEMS: Moody's
World

UAE tuition increase freezes create uncertainty for GEMS: Moody's

  • "They nonetheless create a degree of uncertainty regarding GEMS' ability to increase tuition fees consistently in the future, which may further slow down its deleveraging trajectory," Moody's said.
  • The agency estimates GEMS generates around three quarters of its revenue in Dubai and Abu Dhabi, the economies of which have suffered from restrictions to stem the spread of the coronavirus.
Published 18 Mar, 2021 07:45pm
Shares of Lyft surge as cost-cutting charts path to profitability
Markets

Shares of Lyft surge as cost-cutting charts path to profitability

  • Regardless of whether EBITDA profit comes in Q3 or Q4, Lyft should be structurally more profitable coming out of the pandemic and focused on accelerating operating velocity.
  • Wall Street seems impressed, with 24 brokerages locking in a buy or higher rating on the stock, 12 at hold and two at sell or lower.
Published 10 Feb, 2021 08:19pm
Toshiba gets in its own way yet again
Business & Finance

Toshiba gets in its own way yet again

  • Overseas elevator outfits Otis Worldwide and Schindler command multiples of 15 times. Toshiba is in the same business, and its infrastructure and nuclear divisions rely similarly on long-term service contracts.
Published 14 Jan, 2021 11:44am