Asia: China: U.S. Markets: Key Movements: Currency and Commodities: Upcoming Reports:
Category: Business
IMF criticizes Pakistan efforts to boost exports.
The International Monetary Fund (IMF) has expressed dismay at Pakistan’s authorities for their inadequate steps to increase the country’s exports. In a recent report, the […]
Global drugmakers pursue deals in China despite rising tensions.
Major global pharmaceutical companies, undeterred by escalating Sino-US tensions, are actively seeking deals in China to replenish their drug pipelines and enhance their presence in […]
Electricity tariff to rise by Rs2.63 per unit for june 2024 consumption.
Electricity consumers are facing an impending tariff increase of Rs2.63 per unit due to the Fuel Charges Adjustment (FCA) for electricity usage in June 2024. […]
AstraZeneca raises full-year forecast despite mixed Q2 results.
Anglo-Swedish drugmaker AstraZeneca raised its full-year sales and profit forecast on Thursday, driven by strong demand for its cancer, rare disease, and heart disease medications. […]
KSE-100 Index rebounds amid political uncertainty.
The KSE-100 Index rose by approximately 1.3 percent during early trading on Tuesday, following a 2 percent loss the previous day due to escalating political […]
Mercedes-Benz Adjusts Profit Margin Forecast Amidst Intense Competition
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 […]
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, […]