Facebook could be forced to sell gif-maker Giphy on UK competition concerns
Britain might require Facebook to sell GIF website Giphy after the country's competition regulator said on Thursday its investigation found...
Adidas agrees to sell Reebok for $2.5 billion to a company aiming to go public this summer
Adidas agreed to sell struggling sneaker brand Reebok Thursday for roughly $2.5 billion , a sum less than what the German multinational...
Govt to borrow Rs103.8b from banks
The Privatisation Board on Wednesday allowed raising Rs103.8 billion debt from local banks through competitive bidding to replace the government’s...
How Sweden has become the Silicon Valley of Europe
As Klarna's billionaire founder Sebastian Siemiatkowski prepares to stage one of the biggest-ever European fintech company listings, a feast of...
Tarin Suggests a Strategy to Prevent Hoarding of Basic Commodities
Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, chaired the meeting of the National Price Monitoring Committee (NPMC) held...
Gold price takes another dip in Pakistan
On Saturday, the price of gold in Pakistan fell by Rs1,000. According to the All Sindh Sarrafa Jewelers Association, a...
Huawei reports biggest drop in revenue as its consumer growth engine stutters
On Friday, Chinese telecommunications giant Huawei Technologies saw its revenue drop by almost a third in the first half of...
PSO acquires LNG at its heavily expensive rate
On Thursday, State-run Pakistan State Oil (PSO) got a better offer for Liquefied Natural Gas (LNG) from longtime friendly supplier...
Chinese Steel Conglomerate to invest $360 Million
A Chinese company, Century Steel (Pvt) Ltd., will be investing $360 million in the Rashakai Special Economic Zone in Khyber...
IMF approves $2.8b in fresh funds for Pakistan
The International Monetary Fund (IMF) has approved allocation of new funds for its member countries, including Pakistan, to help them...
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