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Ferrari

1962 Ferrari auctioned for $51.7mn in New York: Sotheby’s

NEW YORK: A 1962 Ferrari 250 GTO sports car sold for $51.7 million in New York on Monday, making it the second most...

Published 14 Nov, 2023 01:11pm

Life & Style

‘Fast and Furious’: Paris collector offers drives in famous movie cars

PARIS: Dreaming of taking a tour in a Volkswagen Beetle like in the ‘Herbie’ films, a ‘Fast and Furious’-style...

Published 30 Sep, 2023 02:11pm

Sports

Ferrari’s Sainz wins Singapore GP to end Red Bull win streak

SINGAPORE: Carlos Sainz led from start to finish to win a dramatic Singapore Grand Prix on Sunday after a charging...

Published 18 Sep, 2023 06:32am

Life & Style

Brad Pitt respects F1 and thrills drivers at Silverstone

Brad Pitt was full of praise and respect for Formula One and, in particular, the drivers on Sunday after spending...

Updated 10 Jul, 2023 04:58pm

Business & Finance

Fiat and Ferrari staff to get more than 11pc pay rise over two years

MILAN: Italy’s largest automotive groups, led by Fiat-maker Stellantis, and unions on Wednesday signed an ...

Published 13 Mar, 2023 06:15am

Life & Style

Schumacher Ferrari fetches record $15mn at auction

GENEVA: The Ferrari in which Formula One legend Michael Schumacher won the 2003 World Championship title sold for...

Updated 09 Nov, 2022 11:21pm

Life & Style

Michael Schumacher's winning Ferrari up for auction in Geneva

GENEVA: The Ferrari driven to five race victories by Michael Schumacher during his World Championship-winning 2003...

Published 05 Nov, 2022 10:33pm

Business & Finance

Ferrari sales, earnings guidance shift higher

MILAN: Italian luxury sports car manufacturer Ferrari said Wednesday it had raised its 2022 earnings guidance after...

Published 02 Nov, 2022 08:17pm

Business & Finance

Ferrari lifts full-year forecasts after strong Q2 results, record orders

MILAN: Sports car maker Ferrari raised its forecasts for full-year revenue and core profit on Tuesday after posting...

Published 02 Aug, 2022 05:14pm

Markets

Ferrari says going electric means ‘even more unique’ cars

MARANELLO: Electric and hybrid models should make up 80% of Ferrari’s sales by 2030, the luxury carmaker told...

Published 16 Jun, 2022 08:13pm

Sports

Vettel mulls life after F1 after slow start to season

MIAMI: Sebastian Vettel isn’t prepared to settle for second best as he contemplates the final chapter of his...

Published 06 May, 2022 05:03am

Markets

Ferrari to recall more than 2,200 cars in China over brake risk

BEIJING: Italian luxury carmaker Ferrari has issued a recall plan with Chinese regulators over potential brake...

Published 22 Apr, 2022 06:27pm

Markets

Ferrari launches 296 GTS convertible hybrid model

MILAN: Ferrari unveiled on Tuesday the new 296 GTS convertible, its fourth plug-in hybrid model, as the luxury...

Updated 19 Apr, 2022 07:31pm

Sports

Leclerc puts Ferrari on pole at Australian Grand Prix

MELBOURNE: Charles Leclerc took pole position for Ferrari in crash-laden qualifying for the Australian Grand Prix on...

Published 09 Apr, 2022 09:14pm

Markets

Luxury carmaker Ferrari suspends production of vehicles for Russian market

MILAN: Luxury carmaker Ferrari said on Tuesday it would suspend exports to Russia due to Moscow’s invasion of...

Published 08 Mar, 2022 09:37pm

World

Italy police seize ‘mob’ assets worth 800m euros

ROME: Italian police have seized over 800 million euros worth of assets from three brothers suspected of links with...

Published 24 Feb, 2022 06:34am

Sports

Formula One: Ferrari carry burden of history and expectation as they unveil 2022 car

Ferrari are aiming for a return to competitiveness in 2022, with their SF-75 challenger unveiled on Thursday ...

Published 18 Feb, 2022 04:43pm

Markets

Ferrari and Qualcomm team up for tech projects for road, racing cars

ROME: Ferrari said on Tuesday it would partner with Qualcomm Technologies to use the San-Diego based group's premium...

Published 08 Feb, 2022 06:15pm

Markets

Ferrari signals higher profits this year after record 2021 shipments

MILAN: Sports car maker Ferrari said on Wednesday its core earnings would rise this year after posting strong...

Published 02 Feb, 2022 07:10pm

Markets

Ferrari unveils new organisation and top team to face electrification challenge

MILAN: Ferrari on Monday unveiled a new organisation and leadership changes to help it streamline processes, in the...

Published 10 Jan, 2022 09:07pm

Business & Finance

Ferrari unveils new management team to face electrification challenge

MILAN: Ferrari unveiled on Monday details of leadership changes aimed at boosting technology and product exclusivity...

Published 10 Jan, 2022 02:26pm

Business & Finance

Ferrari unveils hybrid V6 sports car to expand electric offer

New 296 GTB comes after 2019's SF 90 Stradale, Ferrari's first hybrid car in series-production, and 2020's SF90 Spider
Italian company has promised its first full electric model in 2025

Updated 24 Jun, 2021 06:30pm

Business & Finance

Ferrari turns to tech for an electric era chief

Ferrari appoints ST's Benedetto Vigna as new CEO.
Vigna, 52, will start as Ferrari CEO on Sept. 1.
Manager has a 26 years experience in chip industry.
Vigna also needs to revive Ferrari's F1 fortunes.

Updated 09 Jun, 2021 07:46pm

Business & Finance

Ferrari turns to world of tech for its new CEO

Vigna, who is also a member of the STMicroelectronics Executive Committee, will leave the company on Aug. 31.

Published 09 Jun, 2021 12:12pm

Business & Finance

World’s rich floor it in post-pandemic luxury car rush

PARIS: The global rebound from the coronavirus pandemic is revving luxury carmakers’ sales to never-before-seen...

Published 31 May, 2021 03:12am

Business & Finance

Ferrari postpones 2022 targets due to pandemic, shares dip

A Milan-based trader said the target postponement was not good news, since Ferrari shares were not cheap.
"This has raised concerns that the COVID-19 impact on the company could be greater than expected," he said.

Published 04 May, 2021 06:53pm

Business & Finance

Ferrari postpones 2022 targets due to COVID-19 despite record orders

We expect the prudent steps we took in 2020 and are continuing in 2021 to adjust our expenditure in response to the Covid-19 emergency, will postpone by one year the achievement of our year-end 2022 guidance.

Published 04 May, 2021 05:48pm

Business & Finance

ICCI organises mega auto show

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) in collaboration with the Centaurus Mall, Islamabad...

Published 08 Feb, 2021 03:46am

Business & Finance

Ferrari vows to roar back in 2021

On the Formula 1 side, the 2020 season ended on a disappointing note for Scuderia Ferrari, in sixth place in the Constructors Championship.

Published 02 Feb, 2021 07:49pm

Business & Finance

Luxury carmaker Ferrari says FY 2020 core profit fell 10pc

The 'Cavallino Rampante'- or 'Prancing Horse'- said its adjusted earnings before interest, tax, depreciation and amortization (EBITDA) stood at 1.143 billion euros ($1.38 billion) last year.
In line with a guidance of around 1.125 billion euros the company provided in November.

Published 02 Feb, 2021 05:41pm

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 29 Kohinoor Power Company Limited(KOHP)	5.88 ▲ 1.00 (20.49%)
Paramount Mod / Nov 29 First Paramount Modaraba(FPRM)	10.26 ▲ 1.00 (10.80%)
S.G.Power / Nov 29 S.G. Power Limited(SGPL)	5.17 ▲ 0.46 (9.77%)
Samba Bank / Nov 29 Samba Bank Limited(SBL)	8.57 ▲ 0.72 (9.17%)
Media Times Ltd / Nov 29 Media Times Limited(MDTL)	1.80 ▲ 0.14 (8.43%)
Service Textile / Nov 29 Service Industries Textiles Limited(SERT)	10.95 ▲ 0.84 (8.31%)
Arctic Textile / Nov 29 Arctic Textile Mills Limited(ARCTM)	14.84 ▲ 1.04 (7.54%)
Image Pakistan / Nov 29 Image Pakistan Limited(IMAGE)	19.05 ▲ 1.33 (7.51%)
Prosperity Weav / Nov 29 Prosperity Weaving Mills Limited(PRWM)	32.94 ▲ 2.30 (7.51%)
AKD Hospitality / Nov 29 AKD Hospitality Limited(AKDHL)	172.19 ▲ 12.01 (7.50%)

Stock	Price
Tri-Star Mutual / Nov 29 Tri-Star Mutual Fund Limited(TSMF)	4.40 ▼ -0.85 (-16.19%)
Dewan Textile / Nov 29 Dewan Textile Mills Limited(DWTM)	3.55 ▼ -0.60 (-14.46%)
Bawany Air Products / Nov 29 Bawany Air Products Limited(BAPL)	9.01 ▼ -0.97 (-9.72%)
Pak Gulf Leasing / Nov 29 Pak-Gulf Leasing Company Limited(PGLC)	6.80 ▼ -0.70 (-9.33%)
J.A.Textile / Nov 29 J.A. Textile Mills Limited(JATM)	46.29 ▼ -3.75 (-7.49%)
Metro Steel / Nov 29 Metropolitan Steel Corporation Limited(MSCL)	23.10 ▼ -1.87 (-7.49%)
Imperial Limited / Nov 29 Imperial Limited(IML)	13.90 ▼ -1.10 (-7.33%)
Sardar Chemical / Nov 29 Sardar Chemical Industries Limited(SARC)	25.80 ▼ -2.00 (-7.19%)
Asim Textile / Nov 29 Asim Textile Mills Limited(ASTM)	13 ▼ -1.00 (-7.14%)
Saritow Spinning / Nov 29 Saritow Spinning Mills Limited(SSML)	6.42 ▼ -0.45 (-6.55%)

Stock	Volume
Kohinoor Spining / Nov 29 Kohinoor Spinning Mills Limited(KOSM)	79,242,500 ▲ 0.03
WorldCall Telecom / Nov 29 Worldcall Telecom Limited(WTL)	57,449,984 ▼ -0.02
B.O.Punjab / Nov 29 The Bank of Punjab(BOP)	44,327,667 ▲ 0.19
Cnergyico PK / Nov 29 Cnergyico PK Limited(CNERGY)	31,321,478 ▼ -0.05
Treet Corp. (R) / Nov 29 Treet Corporation Limited (R)(TREETR2)	27,240,170 ▲ 0.01
Pak Refinery / Nov 29 Pakistan Refinery Limited(PRL)	24,938,598 ▼ -0.13
Ghani Chem. Ind. / Nov 29 Ghani Chemical Industries Limited(GCIL)	15,398,500 ▼ -0.27
TPL Properties / Nov 29 TPL Properties Limited(TPLP)	14,283,958 ▼ -0.19
Oil & Gas Dev. / Nov 29 Oil & Gas Development Company Limited(OGDC)	12,904,027 ▼ -0.67
The Searle Co. / Nov 29 The Searle Company Limited(SEARL)	12,454,526 ▼ -1.30

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 29	285.52
USD PKR Interbank Buying / Nov 29	285.02
USD to Japanese Yen / Nov 29	147.23
USD to Swiss Franc / Nov 29	0.88
Pound Sterling to USD / Nov 29	1.27
Euro to USD / Nov 29	1.10
UK LIBOR % / Nov 28	5.46

Stock	Volume
S&P 500 / Nov 28	4554.89
Nasdaq / Nov 28	14281.76
Dow Jones / Nov 28	35416.98
India Sensex / Nov 29	66637.46
Tokyo Nikkei / Nov 29	33302.60
Hang Seng / Nov 29	16952.85
FTSE 100 / Nov 29	7431.46
Germany DAX 30 / Nov 29	16036.43
France CAC40 / Nov 29	7246.91

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 28	17735
Gold 10 Grams PKR / Nov 28	185614
Crude Oil USD/Barrel / Nov 29	76.48
Gold Spot USD/Ounce / Nov 29	2043.84
Cotton US¢/pound / Nov 29	79.36

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Ferrari

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