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Ford

Tesla joins GM, Ford in slowing EV factory ramp as demand fears spread

SAN FRANCISCO: Tesla on Wednesday joined General Motors and Ford in being cautious about expanding electric vehicle...

Published 19 Oct, 2023 10:12am

World

Ford Chairman Bill Ford calls for deal to end UAW strike

DEARBORN (Michigan): Ford executive chairman Bill Ford on Monday urged the United Auto Workers union to end a 32-day...

Published 17 Oct, 2023 05:51am

Technology

Ford pauses work on $3.5bn battery plant

NEW YORK: Ford is halting work on a major battery plant in the northern US state of Michigan, the automaker said...

Published 26 Sep, 2023 12:36pm

World

UAW strikes more GM, Stellantis facilities, cites progress in talks with Ford

DETROIT: The United Auto Workers expanded its strikes against Detroit automakers General Motors and Chrysler parent...

Published 23 Sep, 2023 10:17am

World

'Premature' to predict hit from US auto strike: Yellen

WASHINGTON: US Treasury Secretary Janet Yellen said Monday it is too early to gauge the economic impact from an...

Published 18 Sep, 2023 10:39pm

Business & Finance

Ford doubles down on hybrid pickup trucks

DETROIT: Ford plans to double production of hybrid F-150 pickup trucks in 2024, accelerating the automaker’s pivot...

Published 18 Sep, 2023 06:32am

Business & Finance

US auto workers launch first simultaneous strike at Detroit Three

DETROIT: The United Auto Workers union launched simultaneous strikes at three factories owned by General Motors,...

Published 15 Sep, 2023 11:01am

Business & Finance

Tesla, suppliers to invest $15bn in Mexico factory

MEXICO CITY: A state governor in Mexico said on Monday that Tesla and its suppliers would invest $15 billion over...

Published 12 Sep, 2023 09:52am

Business & Finance

Ford to cut jobs in US, Canada in a bid to trim costs

BENGALURU: Ford Motor Co said on Tuesday it will begin layoffs this week, impacting mostly engineering jobs in the ...

Published 03 Jul, 2023 06:04am

Business & Finance

Ford says it will reduce costs to boost China business

SHANGHAI/BEIJING: Ford said on Monday it was working to reduce costs in China as it strives to recover from a long...

Published 15 May, 2023 03:37pm

Markets

Volkswagen to partner on Indonesia EV battery ecosystem

JAKARTA: Volkswagen will build an electric vehicle (EV) battery ecosystem in Indonesia and will partner with miner...

Published 17 Apr, 2023 11:36am

Business & Finance

Ford to cut 1,100 jobs in Spain

MADRID: U.S. auto maker Ford plans to slash 1,100 jobs at its plant located in Valencia in eastern Spain, a company...

Published 10 Mar, 2023 05:09pm

Business & Finance

Ford to cut 3,800 jobs, mostly in Germany and UK

PARIS: US automaker Ford said Tuesday it would cut 3,800 jobs in Europe, mostly in Britain and Germany, as...

Published 20 Feb, 2023 06:26am

Business & Finance

Ford to cut 3,800 jobs in Europe, mostly Germany, UK

PARIS: US automaker Ford said Tuesday it would cut 3,800 jobs in Europe, mostly in Britain and Germany, as...

Published 14 Feb, 2023 02:22pm

Business & Finance

Ford to cut 3,200 jobs in Europe, says union

BERLIN: Ford plans to cut 3,200 jobs across Europe and move some product development work to the United States,...

Published 30 Jan, 2023 05:56am

Business & Finance

Renault reorganises towards electric future

PARIS: French automaker Renault presented its green revamp to investors Tuesday, splitting its operations in two: a...

Published 08 Nov, 2022 12:25pm

Business & Finance

Ford reports strong demand for new vehicles in September

WASHINGTON: Ford Motor Co on Tuesday reported strong demand for new vehicles in the United States in September amid...

Published 05 Oct, 2022 07:08am

Business & Finance

Ford’s electric drive reinvents historic Michigan factory

DEARBORN: Construction crews are back at Dearborn, remaking Ford’s century-old industrial complex once again, this...

Published 25 Sep, 2022 11:35am

Business & Finance

Ford unveils newest Mustang, extending gasoline-powered life

DETROIT: Ford unveiled Wednesday its seventh-generation Mustang in a brash and boisterous launch event in downtown...

Updated 15 Sep, 2022 03:53pm

Life & Style

Princess Diana's one-of-a-kind Ford Escort goes up for auction

LONDON: A unique black Ford Escort driven by the late Princess Diana in the 1980s is due to be auctioned this ...

Published 24 Aug, 2022 04:20pm

Business & Finance

Ford profits rise on strong Q2 sales, pricing

NEW YORK: Ford shares zoomed higher Wednesday as the US auto giant reported increased second-quarter profits on a...

Published 28 Jul, 2022 09:51am

Business & Finance

Ford doubles down on electric push in Europe

FRANKFURT: US carmaker Ford on Monday unveiled plans for seven new electric models in Europe, a battery-assembly ...

Published 14 Mar, 2022 05:48pm

Business & Finance

Ford unveils new structure as it speeds electric car push

NEW YORK: Ford announced Wednesday it is creating separate businesses for its conventional and electric-auto...

Published 02 Mar, 2022 07:00pm

Markets

Ford, Suzuki to get incentives under India’s $3.5bn clean fuel scheme

NEW DELHI: Ford Motor Co, Suzuki Motor Corp and Hyundai Motor are among 20 companies that will be eligible for...

Published 12 Feb, 2022 05:09am

Business & Finance

Ford, Toyota halt some output as US, Canada warn on trucker protests

WINDSOR/OTTAWA/WASHINGTON: Ford and Toyota on Wednesday both said they were halting some production as...

Published 10 Feb, 2022 11:39am

Technology

Biden finally mentions 'Tesla' after Elon Musk complains

NEW YORK: US President Joe Biden, who has not publicly referred to Tesla when talking about electric vehicles since...

Published 09 Feb, 2022 11:34am

Markets

GM's $7 billion investment intensifies EV battle with Ford, Tesla

General Motors Co said Tuesday it will invest $7 billion in Michigan, much of that aimed at dramatically boosting...

Published 25 Jan, 2022 09:16pm

World

Toyota defends skipping COP26 emissions pledge

TOKYO: Toyota defended a decision not to sign an emissions pledge proposed during the COP26 climate talks on...

Published 11 Nov, 2021 05:20am

Business & Finance

Ford to drive electric transformation at UK car plant

LONDON: US auto giant Ford on Monday unveiled plans to convert a UK factory into its first component assembly site...

Published 19 Oct, 2021 03:52am

Business & Finance

Ford to invest around $300 million to build electric car parts at UK plant

LONDON: Ford said on Monday it would invest up to 230 million pounds ($316 million) to build electric car components...

Published 18 Oct, 2021 02:22pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 3 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 3 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 3 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 3 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 3 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 3 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 3 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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