Business
Business
Starbucks 60% Stake in China Business to Boyu Capital in $4 Billion Deal
Starbucks Corp. has agreed to sell a majority stake in its China operations to private equity firm Boyu Capital valued…
Port Qasim Modernization to Drive Pakistan’s $100B Revenue Target
Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, announced a comprehensive modernisation plan for Port Qasim on Monday, targeting…
Pakistan Sets Ambitious 3-Year Economic Targets, Aims for 5.7% GDP Growth
The federal government has established a comprehensive three-year macroeconomic framework with ambitious targets to stimulate the national economy. The plan,…
Pakistani Farmers Sue German Firms RWE, Heidelberg for Climate Damage
A group of 43 farmers from Pakistan's Sindh province has launched legal proceedings against two of Germany's largest industrial companies,…
PSX Soars Over 2% on Ceasefire Optimism and Earnings Season Speculation
The Pakistan Stock Exchange (PSX) experienced a significant rally on Friday, with the benchmark KSE-100 index surging over 2.4%. The…
Netflix Explores Bid for Warner Bros. Discovery Studio and Streaming Assets
Netflix has taken a significant step toward potentially acquiring Warner Bros. Discovery's core studio and streaming business, according to an…
Pakistan Stock Exchange Plunges Over 1,700 Points in Seventh Straight Loss
The Pakistan Stock Exchange (PSX) experienced a significant downturn on Thursday, with the benchmark KSE-100 index falling by over 1,730…
Trump Cuts China’s Tariffs Rate to 47% After Xi Meeting
US President Donald Trump announced a significant reduction in tariffs on Chinese imports following a high-level summit with Chinese President…
Amazon Cuts 14,000 Jobs, Some Notified by Text Message
Amazon has reduced its corporate workforce in a significant new round of layoffs. The company has cut approximately 14,000 jobs,…