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Microsoft

Microsoft avoids paying tax in many countries

LONDON: Tech giant Microsoft has avoided billions in taxes in Britain, Australia and New Zealand, all countries ...

Published 17 Oct, 2022 06:31am

Life & Style

Meta working to speed up metaverse, but success far from certain

SAN FRANCISCO: A year after rebranding itself from Facebook into Meta, the social network titan is striving to make...

Published 14 Oct, 2022 07:03pm

Technology

Mercedes-Benz and Microsoft collaborate on supply chain data platform

BERLIN: Mercedes-Benz and Microsoft announced a partnership on Wednesday using Microsoft Cloud for a data platform...

Published 12 Oct, 2022 01:36pm

Technology

UK to examine cloud services dominated by Amazon, Microsoft and Google

LONDON: Britain said it would investigate competition in cloud services, a market dominated by the “hyperscalers”...

Published 22 Sep, 2022 12:58pm

Technology

NZ’s Ardern says Christchurch Call anti-online hate project gets new tech investments

WELLINGTON: New Zealand Prime Minister Jacinda Ardern on Wednesday announced a new research initiative under a...

Published 21 Sep, 2022 11:49am

Technology

UK watchdog wants deeper probe into Microsoft’s $69bn Activision deal

Britain’s antitrust watchdog said on Thursday it would launch an in-depth probe into Xbox maker Microsoft’s...

Published 15 Sep, 2022 07:59pm

Business & Finance

Microsoft to create 36,000 data centre jobs in Qatar

LUSAIL: Technology giant Microsoft announced Wednesday it will create 36,000 jobs in Qatar to boost the Gulf...

Published 05 Sep, 2022 06:04am

Life & Style

Disney+ subscribers surge as Netflix stumbles

SAN FRANCISCO: The Disney+ streaming service saw its number of paying subscribers leap beyond expectations in the...

Published 11 Aug, 2022 02:38pm

Technology

Nvidia warns of lower second-quarter revenue on gaming weakness

Nvidia Corp on Monday warned its second-quarter revenue would drop by 19% from the prior quarter on weakness in its...

Published 08 Aug, 2022 11:43pm

Perspectives

We took digital services for granted. Now it’s time to pay

As the world adopts digital solutions at a rapid pace, companies offering these services are moving to maximise ...

Published 03 Aug, 2022 07:44pm

Markets

Wall St struggles to gain as earnings-driven rally peters out

NEW YORK: US stock indexes struggled to rise on Monday as an earnings-driven rally from last week faded and...

Published 02 Aug, 2022 05:36am

Markets

Wall St rises on Microsoft, Alphabet earnings as Fed decision looms

NEW YORK: The tech-heavy Nasdaq surged nearly 3% on Wednesday, leading Wall Street’s main indexes higher, as ...

Published 28 Jul, 2022 04:41am

Technology

Microsoft earnings fall short as computer sales sag

SAN FRANCISCO: Microsoft on Tuesday said that its earnings in the recently ended quarter fell shy of expectations as...

Published 27 Jul, 2022 10:02am

Technology

Netflix subscriber numbers drop two quarters in a row

SAN FRANCISCO: Netflix reported losing subscribers for the second quarter in a row Tuesday as the streaming giant...

Published 20 Jul, 2022 02:12pm

Business & Finance

Netflix partners with Microsoft to offer cheaper streaming plan

SAN FRANCISCO: Netflix will work with Microsoft to launch a cheaper subscription plan that includes advertisements,...

Published 18 Jul, 2022 06:22am

Technology

UK watchdog probes Microsoft’s $68.7 billion Activision buyout deal

Britain’s antitrust watchdog said on Wednesday it had started an investigation into Microsoft Corp’s $68.7 billion...

Published 06 Jul, 2022 05:39pm

Technology

Sony launches PC gaming gear, expanding beyond PlayStation

TOKYO: Japan's Sony is launching a new brand that will offer PC gaming gear, the company announced Wednesday, as it...

Published 29 Jun, 2022 06:25pm

Technology

Microsoft cuts Russia operations due to Ukraine invasion

Microsoft Corp is substantially cutting its business in Russia in response to Moscow’s invasion of Ukraine,...

Published 08 Jun, 2022 03:48pm

Markets

US House speaker Pelosi discloses trades in Apple and Microsoft

US House Speaker Nancy Pelosi disclosed new stock market trades on Monday, showing purchases of options to buy...

Published 06 Jun, 2022 10:20pm

Technology

Microsoft announces changes after cloud computing complaints

BRUSSELS: Microsoft, which had been fined 1.6 billion euros ($1.7 billion) by EU antitrust regulators, will revise...

Published 18 May, 2022 02:44pm

Technology

'Fortnite' returns to iOS, Android devices via Microsoft's Xbox Cloud Gaming

Users of Xbox Cloud Gaming will now be able to play 'Fortnite' for free on devices powered by Google-owned Android...

Published 07 May, 2022 05:25pm

Markets

Wall St slumps as bets of big rate hikes grow despite Fed view

NEW YORK: Wall Street’s main index fell sharply on Thursday in a broad-based selloff as the Federal Reserve’s...

Published 06 May, 2022 05:03am

Wall Street tumbles on fear Fed may need bigger rate hike

NEW YORK: Wall Street’s main indexes tumbled on Thursday as investors fretted the Federal Reserve’s rate hike...

Published 06 May, 2022 05:03am

Markets

Wall Street rises on earnings boost from Microsoft, Visa

NEW YORK: US stocks rose in choppy trading on Wednesday, as strong earnings from Microsoft and Visa lifted investor...

Published 28 Apr, 2022 05:37am

Markets

Nasdaq slides 1pc as surging yields hit growth stocks

NEW YORK: The Nasdaq fell more than 1% on Monday, leading Wall Street’s main indexes lower, as rising bond yields...

Published 12 Apr, 2022 05:17am

Markets

S&P, Nasdaq slide 1pc as surging yields hammer growth stocks

The S&P and the Nasdaq fell more than 1pc on Monday as rising bond yields weighed on megacap growth stocks such...

Published 11 Apr, 2022 10:36pm

Technology

Crypto-curious corporations struggle to find right recipe

PARIS: Four years ago, fried-chicken chain KFC tweeted from its Canadian account that it would accept bitcoin as...

Published 10 Apr, 2022 11:19am

Technology

New EU rules regulating U.S. tech giants likely to set global standard

BRUSSELS: Landmark EU rules targeting Alphabet unit Google, Amazon, Apple, Meta and Microsoft are likely to set a...

Published 25 Mar, 2022 10:13am

Technology

Microsoft faces anti-competition complaint in Europe

PARIS: Three companies have lodged a complaint with the European Commission against Microsoft, accusing the US...

Published 20 Mar, 2022 11:13am

Pakistan

Microsoft organizes ‘EDU Day 2022’

ISLAMABAD: Microsoft Pakistan organized EDU Day 2022, a global initiative that is taken to attain its goal of...

Updated 13 Mar, 2022 07:05am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 9 786 Investments Limited(786)	5.50 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 9 Al-Abbas Sugar Mills Limited(AABS)	462.50 ▼ 0.00 (0.00%)
Agro Allianz / Jun 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 9 Allied Bank Limited(ABL)	67 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 9 Abbott Laboratories (Pakistan) Limited(ABOT)	396.99 ▼ 0.00 (0.00%)
Abson Ind. / Jun 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 9 Alfalah Consumer Index ETF.(ACIETF)	6.44 ▼ 0.00 (0.00%)
Attock Cement / Jun 9 Attock Cement Pakistan Limited(ACPL)	82.45 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 9 786 Investments Limited(786)	5.50 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 9 Al-Abbas Sugar Mills Limited(AABS)	462.50 ▲ 0.00 (0.00%)
Agro Allianz / Jun 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 9 Allied Bank Limited(ABL)	67 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 9 Abbott Laboratories (Pakistan) Limited(ABOT)	396.99 ▲ 0.00 (0.00%)
Abson Ind. / Jun 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 9 Alfalah Consumer Index ETF.(ACIETF)	6.44 ▲ 0.00 (0.00%)
Attock Cement / Jun 9 Attock Cement Pakistan Limited(ACPL)	82.45 ▲ 0.00 (0.00%)

Stock	Volume
Unity Foods Ltd / Jun 9 Unity Foods Limited(UNITY)	28,723,523 ▲ 0.00
WorldCall Telecom / Jun 9 Worldcall Telecom Limited(WTL)	17,617,018 ▲ 0.00
TPL Properties / Jun 9 TPL Properties Limited(TPLP)	15,788,641 ▲ 0.00
Pak Refinery / Jun 9 Pakistan Refinery Limited(PRL)	9,600,621 ▲ 0.00
P.I.A.C.(A) / Jun 9 Pakistan International Airlines Corp(PIAA)	8,850,500 ▲ 0.00
Pak Int.Bulk / Jun 9 Pakistan International Bulk Terminal(PIBTL)	6,660,000 ▲ 0.00
Fauji Foods Ltd / Jun 9 Fauji Foods Limited(FFL)	6,382,956 ▲ 0.00
Hascol Petrol / Jun 9 Hascol Petroleum Limited(HASCOL)	6,313,500 ▲ 0.00
Telecard Limited / Jun 9 Telecard Limited(TELE)	5,453,799 ▲ 0.00
Fauji Cement / Jun 9 Fauji Cement Company Limited(FCCL)	4,608,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 8	287.32
USD PKR Interbank Buying / Jun 8	287.12
USD to Japanese Yen / Jun 8	139.76
USD to Swiss Franc / Jun 8	0.91
Pound Sterling to USD / Jun 8	1.24
Euro to USD / Jun 8	1.07
UK LIBOR % / Jun 7	5.07

Stock	Volume
S&P 500 / Jun 7	4267.52
Nasdaq / Jun 7	13104.89
Dow Jones / Jun 7	33665.02
India Sensex / Jun 8	63203.02
Tokyo Nikkei / Jun 8	31605.11
Hang Seng / Jun 8	19177.52
FTSE 100 / Jun 8	7612.23
Germany DAX 30 / Jun 8	15994.38
France CAC40 / Jun 8	7222.68

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 7	20235
Gold 10 Grams PKR / Jun 7	194873
Crude Oil USD/Barrel / Jun 8	72.32
Gold Spot USD/Ounce / Jun 8	1946.62
Cotton US¢/pound / Jun 8	81.37

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