Under Armour said on Friday it would settle a 2017 shareholder class action lawsuit that accused the apparel maker and CEO Kevin Plank of intentionally misleading them about […]
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Dollar clings to gains against major currencies – Business & Finance
NEW YORK: The dollar rose against other major currencies on Friday, hitting a fresh eight-week high against the yen as data showed a strong US economy and as […]
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Foreign direct investment rises 15pc from July-May – Newspaper
KARACHI: Pakistan received only $1.7 billion in foreign direct investment (FDI) during the first 11 months of the outgoing fiscal year. The State Bank of Pakistan (SBP) on […]
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Current account turns negative in May after three months – Pakistan
A graph depicting Pakistan’s current account for the past 11 months. — Rehan Ahmed KARACHI: Pakistan’s current account turned negative in May after surpluses in the three preceding […]
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Auto financing drops for 23rd straight month – Business
KARACHI: Auto financing declined for the 23rd month to Rs233 billion in May, down 22.5 per cent year-on-year and 1.2pc month-on-month. The State Bank of Pakistan (SBP) data […]
BUSINESS
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What To Expect From The Fed On Interest Rates For The Rest Of 2024
Federal Reserve Chairman Jerome Powell is shows on a screen behind a trader on the floor of the New … [+] York Stock Exchange, Wednesday, June 12, 2024. […]
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Huawei announces new AI innovations at developer conference
Chinese tech giant Huawei has announced a series of new innovations at its annual developer conference in the city of Dongguan, south China’s Guangdong Province. Artificial intelligence (AI) […]