Business
Business
Hugo Boss Takeover Offer Rejected as Too Low
Hugo Boss urged shareholders on Thursday to reject Frasers Group’s €2 billion ($2.3 billion) Hugo Boss takeover offer. The company…
Currency Exchange Rates: US Dollar Selling at Rs279.90
KARACHI: Currency exchange rates in Pakistan’s open market put the US dollar at Rs278.65 buying and Rs279.90 selling on July…
BankIslami Digital Bank Award Given by Euromoney
KARACHI, Sindh: Euromoney has named BankIslami digital bank Pakistan’s Best Islamic Digital Bank, recognising the lender’s technology-led push into Shariah-compliant…
Pakistan Remittances Reached a Record USD 41.6bn in FY26
KARACHI: Pakistan remittances reached a record $41.6 billion in FY2025-26, rising 9% from a year earlier. The inflows rose from…
Oil Prices Surge 5% as Global Markets Fall
Oil prices surge more than 5% Wednesday, July 8, while global stock markets fell after US President Donald Trump said…
Hedge Fund Returns Rise as Stock Pickers Gain 4pc
LONDON: Hedge fund returns rose in June as stock pickers gained 4% and fundamental equity funds posted an 18.4% quarterly…
Global Markets Fall as Brent Crude Jumps 5.37pc
LONDON: Global markets fell broadly as the Nikkei 225 lost 2.11% and Brent crude oil rose 5.37% to $78.14, LSEG…
KSE-100 Stocks: GAL Leads Three-Year PSX Outperformers
KSE-100 stocks led by Ghandhara Automobiles Ltd. beat the benchmark for three straight fiscal years, Pakistan Stock Exchange data showed.…
Oil Prices Rise 2% After US Strikes in Southern Iran
Oil prices rose more than 2% on Wednesday after US strikes in southern Iran and renewed crude sales sanctions raised…