Topic

FedEx

Global centres in India slow hiring as AI reshapes work, ANSR CEO says

Published 18 May, 2026 11:25pm

BENGALURU: Global capability centres in India are being measured while hiring as companies are wary about the impact...

FedEx sues US for refund on Trump’s emergency tariffs

Published 25 Feb, 2026 04:49am

LOS ANGELES: Global transportation company FedEx on Monday filed a lawsuit in the US Court of International Trade...

UPS, FedEx ground MD-11 cargo planes after deadly crash

Published 08 Nov, 2025 07:47pm

WASHINGTON: Freight carriers UPS and FedEx said they have grounded their fleets of MD-11 cargo planes, after one of...

FedEx has not seen much impact from Red Sea disruptions, CEO says

Published 14 Jan, 2024 08:54pm

NEW YORK: US parcel delivery giant FedEx said that it hasn’t seen much of a shift to air freight due to disruptions...

S&P 500, Dow muted as rate-cut rally sputters

Published 21 Dec, 2023 03:54am

NEW YORK: The benchmark S&P 500 and the blue-chip Dow were nearly flat on Wednesday as investors took a breather...

FedEx appoints new CFO

Published 24 Jul, 2023 06:11am

BENGALURU: FedEx Corp on Monday appointed former CEO of Atlas Air Worldwide John Dietrich as chief financial ...

FedEx to cut senior jobs as part of larger staff reduction

Published 06 Feb, 2023 07:42am

LOS ANGELES: FedEx Corp on Wednesday said it would cut its officer and director ranks by 10% as part of a broad...

European shares slide

Published 19 Sep, 2022 05:45am

LONDON: European shares slid 1.6% on Friday as recession warnings from two major global financial institutions and...

Wall Street drops to 2-month lows as recession fears mount

Published 19 Sep, 2022 05:45am

NEW YORK: US stocks ended in the red on Friday, falling to two-month lows as a warning of impending global slowdown...

AT&T, Verizon agree to delay 5G implementation at some airports

Published 19 Jan, 2022 09:46am

NEW YORK: AT&T and Verizon agreed Tuesday to a partial delay in activating their 5G networks following an outcry...

US FAA reviews FedEx proposal to install A321 laser-based missile-defence system

Published 16 Jan, 2022 04:17am

WASHINGTON: The Federal Aviation Administration (FAA) said on Friday it is proposing conditions that would allow...

FedEx posts better than expected results despite rising costs

Published 20 Dec, 2021 06:29am

NEW YORK: The US courier giant FedEx reported higher than expected turnover and profit Thursday, despite rising ...

IMF, G20 fret over supply chain bottlenecks, inflation fears

Updated 15 Oct, 2021 09:25am

WASHINGTON: Global finance officials gathered in Washington on Wednesday were focused on finding a way to alleviate...

White House asks U.S. oil and gas companies to help lower fuel costs

Updated 14 Oct, 2021 12:02am

The White House has been speaking with U.S. oil and gas producers in recent days about helping to bring down rising...

UK businesses fear for Afghan rug weavers after Taliban takeover

Published 24 Aug, 2021 09:49am

British businessman James Wilthew has built up close ties with Afghan rug weavers and sellers, buying the sought-after carpets directly from the northern provinces

Ex-employee kills eight in rampage at US FedEx facility

Against the yen, the dollar fell 0.2% to 108.84 yen.

Asian shares hit a record high after Yellen calls for big spending

Published 20 Jan, 2021 11:42am

The yen was little moved at 103.81 to the dollar while the Chinese yuan ticked up about 0.1% to 6.4741 per dollar.

FedEx to lay off up to 6,300 workers in Europe after TNT takeover

Published 20 Jan, 2021 04:29am

NEW YORK: FedEx announced Tuesday it plans to cut up to 6,300 jobs in Europe as it eliminates staff duplication...

US to start vaccinating as Germany returns to partial lockdown

Published 14 Dec, 2020 09:18am

Even as US health experts welcomed the unprecedented vaccine effort, they cautioned people not to grow lax in observing precautions.

US considers Pfizer Covid-19 vaccine approval

Published 11 Dec, 2020 09:41am

Another question is how well the shot will stop virus transmission, and whether it will be effective in children, pregnant women, and the immunocompromised.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79

Item	Value
Gold 10 Grams PKR / Jun 3	401,030
Petrol/Litre / Jun 4	381.78
Crude Oil USD/Barrel / Jun 4	95.52
Gold Spot USD/Ounce / Jun 4	4,475.32
Diesel/Litre / Jun 4	380.78
Cotton US¢/pound / Jun 4	80.34

Gainers
Losers
Leaders

Stock	Price
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Ideal Spinning / Jun 4 Ideal Spinning Mills Limited(IDSM)	79.73 ▲ 7.25 (10%)
Pak Synthetics / Jun 4 Pakistan Synthetics Limited(PSYL)	127.36 ▲ 11.58 (10%)
Zuma Resources / Jun 4 Zuma Resources Limited(ZUMA)	72.62 ▲ 6.6 (10%)
Allawasaya Tex / Jun 4 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,707.26 ▲ 155.21 (10%)
Nets Internat.Comm. / Jun 4 Nets International Communication Limited(GEMNETS)	27.95 ▲ 2.54 (10%)
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	25.43 ▲ 2.31 (9.99%)
Askari Life Assur. / Jun 4 Askari Life Assurance Company Limited(ALAC)	21.16 ▲ 1.92 (9.98%)
Pak Qatar Gen.Takaful / Jun 4 Pak Qatar General Takaful Limited(PQGTL)	15.15 ▲ 1.35 (9.78%)

Stock	Price
Shams Textile / Jun 4 Shams Textile Mills Limited(STML)	38.36 ▼ -3.25 (-7.81%)
Security Investment Bank / Jun 4 Security Investment Bank Limited(SIBL)	7 ▼ -0.49 (-6.54%)
JS Global Cap. / Jun 4 JS Global Capital Limited(JSGCL)	150.05 ▼ -10.11 (-6.31%)
Arpak Int. / Jun 4 Arpak International Investments Ltd.(ARPAK)	108.50 ▼ -6.95 (-6.02%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	28 ▼ -1.78 (-5.98%)
Blessed Tex. / Jun 4 Blessed Textiles Limited(BTL)	1,121 ▼ -63.3 (-5.34%)
Saritow Spinning / Jun 4 Saritow Spinning Mills Limited(SSML)	23.70 ▼ -1.28 (-5.12%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.42 ▼ -2.46 (-4.93%)
Kohinoor Spinning / Jun 4 Kohinoor Spinning Mills Limited(KOSM)	5.25 ▼ -0.27 (-4.89%)
Cordoba Logistics / Jun 4 Cordoba Logistics & Ventures Limited(CLVL)	12.28 ▼ -0.55 (-4.29%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	76,489,560 ▲ 0.39
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	14,909,003 ▲ 1.67
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	13,949,372 ▲ 2.31
Wasl Mobility Mod. / Jun 4 Wasl Mobility Modaraba(WASL)	13,002,304 ▲ 0.36
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	11,719,860 ▲ 0.4
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	11,574,480 ▲ 0.41
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	10,099,333 ▲ 0.06
Telecard Limited / Jun 4 Telecard Limited(TELE)	10,004,983 ▲ 0.36
Cnergyico PK / Jun 4 Cnergyico PK Limited(CNERGY)	8,945,200 ▲ 0.07
Kohinoor Spinning / Jun 4 Kohinoor Spinning Mills Limited(KOSM)	8,770,651 ▼ -0.27

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