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Tag: corporate news

Finance Minister Muhammad Aurangzeb
Business
  • Web Desk
  • Mar 11, 2024
Muhammad Aurangzeb resigns as President and CEO of HBL

HBL is set for a leadership transition as Muhammad Aurangzeb, the President and Chief Executive Officer (CEO), has submitted his resignation.

meta outage losses Mark Zuckerberg
Technology
  • Web Desk
  • Mar 06, 2024
Global outage takes toll on Meta’s finances: millions lost in a day

Meta CEO Mark Zuckerberg incurred a substantial loss of almost $3 billion during a widespread hour-long outage that impacted its platforms.

Pakistan stock exchange closes at record high
Business
  • Web Desk
  • Nov 15, 2023
Pakistan Stock Exchange maintains winning streak, closes at another record high

The primary indicator of the Pakistan Stock Exchange experienced a marginal increase on Wednesday, securing its fifth consecutive victory.

Shell petrol pump
Business
  • Web Desk
  • Nov 01, 2023
Saudi company to acquire one of Pakistan’s most prominent petroleum companies

Shell Pakistan announced that Shell Petroleum Company has entered into an agreement with Wafi Energy to divest its domestic operations.

Microsoft to buy Activision Blizzard soon
Technology
  • Web Desk
  • Oct 06, 2023
Microsoft to finalise $68.7 billion acquisition of Activision Blizzard next week

In a significant corporate move, Microsoft is on the verge of finalising its long-anticipated acquisition of Activision Blizzard, a deal valued at a staggering $68.7 billion.

Latest

US President Donald Trump on Monday said that diplomatic contacts with Iran are continuing “at a rapid pace”: File Photo
  • Web Desk
  • 6 Hours ago
Iran talks continue, indirect contact with Hezbollah amid Lebanon-Israel tensions: Trump
The Carolina Hurricanes are just four wins away from capturing their first Stanley Cup in nearly two decades as they prepare to face the Vegas Golden Knights: File Photo
  • Web Desk
  • 7 Hours ago
Hurricanes vs Golden Knights: Hurricanes eye first Stanley Cup since 2006 as final begins
Traffic on the M-5 motorway was disrupted after high-voltage transmission lines fell onto the roadway during a severe windstorm, prompting the Motorway Police to divert vehicles to alternative routes: File Photo
  • Web Desk
  • 8 Hours ago
Traffic on M5 motorway diverted after high-voltage wires fall
Prime Minister Shehbaz Sharif said, during a meeting with European Union (EU) representative Kaja Kallas, Pakistan wants to further strengthen its multi-dimensional partnership with the West: File Photo
  • Web Desk
  • 8 Hours ago
Shehbaz, EU representative review regional situation, strategic cooperation
Seagate Technology has reached a $175 million deal to settle a shareholder fraud case over alleged undisclosed sales of hard disk drives to China’s Huawei Technologies: File Photo
  • Web Desk
  • 9 Hours ago
Seagate reaches $175mln deal in shareholder fraud case over Huawei drives sales
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