Mercedes-Benz on Friday revised its annual profit margin forecast for its core car division, anticipating a narrower range due to heightened competition in China. The […]
Category: Business
Gold and silver prices experience significant drop.
On Thursday, the price of 24 karat gold witnessed a notable decrease. The price of per tola (11.66 grams) of 24 karat gold fell by […]
Mercedes-Benz lowers profit margin forecast amidst fierce competition and weak electric vehicle sales.
Mercedes-Benz has revised its annual profit margin forecast for its core car division, now expecting an adjusted return on sales of 10-11% for the year, […]
Major banks collaborate with national crime agency to combat economic crime.
Barclays, NatWest, and Lloyds are among seven banks participating in a groundbreaking initiative to combat criminal gangs, money laundering, and illicit financial activities in the […]
Oil prices see slight uptick amid persistent weak demand and middle east tensions.
Oil prices saw a slight rise on Friday but remained on track for a third consecutive week of declines due to weak demand from China […]
Vivek malek touts chinese divestment in missouri treasurer race.
As state treasurer, Vivek Malek spearheaded Missouri’s divestment from Chinese companies within its main retirement system, positioning Missouri among the first states to take such […]
S&P 500 and nasdaq drop to multi-week lows amid disappointing earnings from tesla and alphabet.
The S&P 500 and Nasdaq hit multi-week lows on Wednesday as disappointing earnings from Tesla and Alphabet led investors to question the sustainability of the […]
Pakistan stock exchange continues downward trajectory amid political volatility.
The Pakistan Stock Exchange (PSX) experienced a continued downward trend on Monday, influenced by the volatile political climate. The KSE-100 index fell by 364 points, […]
KElectric Submits Application to NEPRA for Electricity Price Hike
KElectric’s application to NEPRA for a substantial increase in electricity tariffs highlights the ongoing challenges in balancing cost recovery for electricity providers with affordability for consumers