BUSINESS
Thyssenkrupp’s shipbuilding division wants to combine the German shipyard industry.
May 14, 2022
Thyssenkrupp’s shipbuilding division wants to combine the German shipyard industry.
BERLIN – The new CEO of Germany’s second-largest defense company, Thyssenkrupp Marine Systems (TKMS), told the German newspaper Welt am…
Toyota predicts a 20% drop in earnings as raw material costs rise.
May 11, 2022
Toyota predicts a 20% drop in earnings as raw material costs rise.
TOKYO, Toyota Motor cautioned that “extraordinary” increases in raw material costs might shave a fifth off full-year earnings, a clear…
Allianz has put aside an additional $2 billion to cover the fund’s failure.
May 11, 2022
Allianz has put aside an additional $2 billion to cover the fund’s failure.
Allianz (ETR:ALVG), a German insurance company, said on Wednesday it will set aside another 1.9 billion euros ($2 billion) as…
petroleum sales increased by 30%. In April
May 10, 2022
petroleum sales increased by 30%. In April
KARACHI: Total petroleum product sales in Pakistan increased by 30% year on year and 19% month on month to reach…
Gold Rate in Pakistan as of today, May 7th, 2022
May 7, 2022
Gold Rate in Pakistan as of today, May 7th, 2022
KARACHI: The gold prices in Pakistan moved today, with the precious metal closing the day at Rs135,900 per tola and…
Under Baqir, inflation was the central bank’s “biggest headache.”
May 6, 2022
Under Baqir, inflation was the central bank’s “biggest headache.”
The State Bank of Pakistan (SBP) started a lot of new things when Dr Reza Baqir worked there. These include…
Punjab saw a 15% rise in cotton acres.
May 6, 2022
Punjab saw a 15% rise in cotton acres.
Punjab thinks there will be a 12 to 15% increase in cotton acres this year, but farmers think there will…
Ehsaas Rashan is unlikely to benefit targeted sections, a PIDE study finds.
May 6, 2022
Ehsaas Rashan is unlikely to benefit targeted sections, a PIDE study finds.
KARACHI: The food subsidy under the proposed Ehsaas Rashan Program (ERP) isn’t going to reach the people who need it…
MGM Resorts makes a $607 million deal to acquire Sweden’s LeoVegas.
May 2, 2022
MGM Resorts makes a $607 million deal to acquire Sweden’s LeoVegas.
(Reuters) MGM Resorts International (NYSE: MGM) made an offer to purchase LeoVegas AB of Sweden for approximately $607 million on…
The BOJ says that fuel and food prices will keep rising in Japan, which will help keep inflation in check.
May 2, 2022
The BOJ says that fuel and food prices will keep rising in Japan, which will help keep inflation in check.
The BOJ says that the price of gasoline and food will keep going up, which will keep the inflation rate…