Topic

Nike

Japanese security guard finds fame as designer of duct tape signs

Published 25 May, 2026 11:56am

Shuetsu Sato found his hidden passion when he was asked in 2004 to help travellers navigate the crowded

India’s higher tax on clothing threatens setback for global fashion brands

Published 04 Sep, 2025 06:54pm

NEW DELHI: India’s overhaul of consumer tax stands to make everything from soaps to luxury SUVs cheaper, but global...

Southeast Asia nations, hit particularly hard by US tariffs, prep for talks with Trump

Published 03 Apr, 2025 12:11pm

HANOI/BANGKOK: Vietnam’s government said on Thursday it would set up a task force and other Southeast Asian nations...

US trade deficit with Vietnam soars beyond $110 billion, as weak dong boosts exports

Published 08 Jan, 2025 10:38am

HANOI: The US trade deficit with Vietnam exceeded $110 billion in the first 11 months of 2024, latest US figures...

Nike warns its turnaround will be a slog, after results beat expectations

Published 20 Dec, 2024 08:14am

Nike, offered a muted forecast on Thursday, reversing gains in its shares made earlier in the day after the...

As Nike struggles, Adidas must surf Samba wave with caution

Published 08 Oct, 2024 02:11pm

LONDON: Nike’s ongoing struggles are giving Adidas a chance to keep taking market share from its larger U.S. rival,...

Adidas plots to swerve Samba slump

Published 03 May, 2024 01:46pm

LONDON: As Adidas aims to build on hot demand for its three-striped white and black Samba and multi-coloured Gazelle...

Nike plans to slash over 1,600 jobs in cost-cutting drive

Published 16 Feb, 2024 10:24am

Sportswear giant Nike plans to reduce its workforce by about 2%, or more than 1,600 jobs, in a cost-cutting move,...

Fit at 40: the revolutionary Apple Mac in numbers

Published 22 Jan, 2024 02:38pm

PARIS: Forty years ago Steve Jobs revolutionised personal computing by launching the Apple Macintosh, the first PC...

Golf legend Tiger Woods says Nike partnership ending

Published 09 Jan, 2024 03:50pm

NEW YORK: Tiger Woods announced Monday that he was ending a longstanding partnership with Nike, thanking the sports...

Adidas and Puma eye chances in soccer’s fashion moment

Published 01 Nov, 2023 03:32pm

LONDON: Sportswear brands like Adidas and Puma are seeking to take advantage of a flirtation with soccer by the...

In the age of AI, be careful if your employee is losing one of these skills

Published 30 Jun, 2023 02:35pm

In a world where HR is hustling to “upskill” employees to keep up with the Artificial Intelligence (AI) hype and...

Higher costs dent Nike profits

Published 30 Jun, 2023 12:35pm

NEW YORK: Nike reported a drop in quarterly profits Thursday despite higher sales due to the drag from increased...

Kevin Durant signs ‘lifetime contract’ with Nike

Published 29 Apr, 2023 02:06pm

Phoenix Suns’ Kevin Durant has signed a ‘lifetime contract’ with sportswear giant Nike, the NBA star said on Friday,...

Jordan's 'Last Dance' sneakers sell for record $2.2mn

Published 12 Apr, 2023 03:21pm

A pair of signed, game-worn Michael Jordan sneakers from the 1998 NBA Finals fetched a record $2.2 million on...

What to watch this April: 'Money Back Guarantee', 'Huey Tum Ajnabi', 'Fatal Attraction'

Published 28 Mar, 2023 07:29pm

As we begin to get into the summer months, a fresh new batch of series and movies aim to get us through the long ...

Nike profits down on higher costs

Published 27 Mar, 2023 07:35am

NEW YORK: Nike reported better than expected earnings on Tuesday in its latest quarter, supported by strong demand...

Formal shoes making comeback after years of sneaker dominance

Published 18 Jan, 2023 05:24pm

PARIS: Once the preserve of nerds and stuffy young conservatives, loafers, moccasins and other formal shoes are...

Nike says will permanently leave Russian market

Published 23 Jun, 2022 07:08pm

MOSCOW: Nike said Thursday it will be permanently leaving the Russian market and will not reopen its stores after...

Strong pricing boosts Nike results despite China hit

Published 28 Mar, 2022 07:31am

NEW: Strong product pricing helped Nike offset a hit from lower sales in China, enabling the sporting goods giant to...

Nike, IKEA close Russian stores as sanctions, trade restrictions bite

Published 04 Mar, 2022 04:11pm

Sneaker maker Nike and home furnishings firm IKEA shut down stores in Russia on Thursday, as trade restrictions and...

Wall Street jumps after sharp selloff as Nike, Micron lead gains

Published 22 Dec, 2021 06:13am

NEW YORK: Wall Street’s main indexes rose on Tuesday, boosted by Nike and Micron following strong earnings, with...

Nike warns on holiday delays, cuts full-year sales estimate

Published 27 Sep, 2021 05:51am

CHICAGO: Nike Inc on Thursday cut its fiscal 2022 sales expectations and said it expects delays during the holiday...

Nike says split with Neymar over refusal to cooperate with sex assault probe

Published 28 May, 2021 10:57am

But even so "Nike ended its relationship with the athlete because he refused to cooperate in a good faith investigation of credible allegations of wrongdoing by an employee."

Nike sues company that made 'Satan Shoes' with Lil Nas X

H&M was the first brand to come under fire.
Inditex's Xinjiang statement no longer visible on website.
Chinese sportswear shares rally in Hong Kong.

China squeezes Western brands as Xinjiang backlash builds

Published 25 Mar, 2021 04:40pm

Global brands are often consumed by PR crisis' in China after touching politically-sensitive subjects.

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BR30
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KSE30
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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 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
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

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

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