After the Gautam Adani-led company postponed a $2.5 billion share sale in a tumultuous market on Thursday, its shares fell sharply, bringing its total market capitalization losses since last week’s short-seller attack to $100 billion.
The most obvious indication yet that Pakistan, a nuclear-armed country, risks defaulting unless it receives significant backing is the full-blown economic crisis the country is currently experiencing
According to the developer of Gmail, the Chat Generative Pre-Trained Transformer, also known as #ChatGPT, would completely obliterate Google’s company in two years.
According to traders and industry insiders, Pakistan may experience a shortage of fuel in February as banks have ceased funding and facilitating payments for imports as a result of declining foreign exchange reserves.
Fauji Foods Limited (PSX: FFL) has ended CY22 in turmoil as a result of the company’s loss after tax increasing 73% YoY to Rs2.16 billion from losses in CY21.
KARACHI: According to a statement released on Thursday by Honda Atlas Cars Pakistan Limited (HCAR), the third quarter that concluded on December 31, 2022, saw a sizable profit.
An official announced on Thursday that a delegation from the International Monetary Fund (IMF) will be in Islamabad from January 31 to February 9 to resume discussions about the $9 billion Extended Fund Facility (EFFninth )’s review.
The price of gold per tola has increased by 4900 rupees as a result of the significant rise in the dollar’s value. In this nation, the cost of gold has risen to an all-time high.
The Exchange Companies Association of Pakistan (ECAP) stated on Tuesday that the US dollar cap would be lifted from January 25
One of the biggest commercial banks in the nation, Bank Alfalah, received recognition from the esteemed Institute of Bankers Pakistan (IBP) at the Pakistan Financial Awards.
To expand and speed up delivery in one of its core regions, Amazondotcom Inc. established its own air freight fleet, Amazon Air, on Monday.
The government is considering withholding tax on cash withdrawals from banks and banking instruments, and withholding tax on banking transactions.
