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Business

Web Desk Karachi
Aug 01, 2025

Goldman Sachs eyes €15b investment in ice-cream giant Froneri in major deal

Froneri, which houses brands such as Häagen-Dazs in the US and Oreo and Cadbury ice creams as well as a large white-label business, has increased its revenues from €2.6billion in 2019 to €5.5billion in 2024.

Business

Reuters
Jul 02, 2025

Goldman Sachs names Raghav Maliah as global chairman of investment banking

Maliah will continue to serve as co-head of mergers & acquisitions in Asia Pacific, and head of the Technology, Media, and Telecommunications Group in Asia Pacific Ex-Japan, according to the memo.

Business

Web Desk Karachi
Jun 23, 2025

Brent crude could hit $110 if Strait of Hormuz flows drop by half, Goldman Sachs warns

The global oil market is trying to figure out the likely trajectory for energy prices as the crisis in the Middle East escalates.

Business

Web Desk Karachi
May 23, 2025

Indian bank loan growth slows to lowest since 2022 amid economic uncertainties

Despite persistent trade frictions, the outlook for India is one of “cautious optimism,” the Reserve Bank of India said in its State of the Economy report released Wednesday.

Business

Reuters
Apr 28, 2025

Germany’s Merck KGaA in $3.9b deal to buy US biotech firm SpringWorks

The deal came at a price tag about 20 per cent lower than what analysts expected due to lack of other serious bidders and the overall devaluation of the US biotech sector.

Business

Web Desk Karachi
Apr 15, 2025

UBS issues grim growth projections for China, just 3.4pc amid trade turmoil

The Swiss bank, which previously saw growth in 2025 at 4 percent maintained its estimate for next year at 3 percent. Both forecasts are the lowest of all projections.

Life

AFP
Feb 16, 2025

Global music superstars eye India, but show needs fine-tuning

Booming demand from young affluent Indians looking to splurge on new entertainment experiences leaning onto global music superstars

Business

Web Desk Karachi
Feb 12, 2025

Goldman Sachs, Deloitte revise policies in response to Trump’s push against diversity

The backlash against DEI initiatives has intensified in the wake of the ‘Black Lives Matter’ movement, which gained momentum following George Floyd’s murder.

Business

Web Desk Karachi
Feb 06, 2025

Trump’s tariffs could derail Europe’s 2025 growth, warn Goldman Sachs, JPMorgan

Business

Web Desk
Oct 26, 2023

Experts believe Pakistani rupee’s current strength unlikely to last

Goldman Sachs Group Inc. is expressing concern about the recent rise in the value of the Pakistani rupee, suggesting that this increase might not last long.