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ABB

ABB raises full year guidance after Q3 profit beats forecasts

ZURICH: Swiss engineering group ABB on Thursday reported better-than-expected operating profit for its third quarter...

Published 17 Oct, 2024 10:01am

Technology

ABB beats forecasts with first quarter earnings

ZURICH: ABB reported better than expected profit at the start of the year, the Swiss engineering company said on...

Published 18 Apr, 2024 11:34am

Technology

ABB raises full year guidance after profit beats forecasts

ZURICH: ABB raised its full year outlook for sales and profit outlook on Tuesday after the engineering and...

Published 25 Apr, 2023 10:26am

Business & Finance

ABB to pay $315m to settle US charges over South Africa bribes

NEW YORK: Swedish-Swiss industrial company ABB agreed to pay $315 million to settle US criminal charges that it...

Published 05 Dec, 2022 05:47am

Business & Finance

ABB unveils higher sales and profit targets

ZURICH: ABB unveiled higher sales and profitability targets on Tuesday as the Swiss engineering company said it...

Published 07 Dec, 2021 11:31am

Technology

BlackRock joins e-car charging venture Ionity in $788mn funding round

FRANKFURT: BlackRock, the world's largest money manager, has joined electric vehicle charging (EV) venture Ionity in...

Published 24 Nov, 2021 12:48pm

Business & Finance

ABB downgrades 2021 sales forecast on supply shortages

ZURICH: Swiss engineering group ABB on Thursday downgraded its sales expectations for 2021 as global shortages in...

Published 25 Oct, 2021 05:35am

Business & Finance

ABB lowers sales guidance as supply bottlenecks bite

ZURICH: ABB lowered its full-year sales outlook on Thursday, as the Swiss engineering and technology group became ...

Published 21 Oct, 2021 11:17am

Business & Finance

ABB launches world's fastest electric car charger

ZURICH: ABB has launched the world's fastest electric car charger, the Swiss engineering company said on Thursday, ...

Updated 30 Sep, 2021 11:24am

Supplements

ABB

About ABB ABB is a leading global technology company that energizes the transformation of society and industry to...

Published 02 Aug, 2021 06:02am

Business & Finance

ABB may list electric car charging business, Q1 profit jumps by a third

It said it had not been affected in the first quarter by the global shortage of semiconductor chips, although it was seeing tighter supplies like many other technical firms.

Published 27 Apr, 2021 12:23pm

Business & Finance

ABB raises 2021 guidance as customers rebuild inventories

The engineering company also reported first quarter orders rising 1% to $7.75 billion, while its operational profit margin (EBITA) increased to 13.5% from 10.2% a year earlier.

Published 15 Apr, 2021 01:14pm

Business & Finance

ABB prepares turbocharging unit for sale or spin-off, picks banks

Chief Executive Bjorn Rosengren said last month that ABB would exit the business towards the end of 2021, adding that the business generates around 75% of its sales form services, which made it very resilient.
People familiar with the matter have said that the turbocharger business could raise fetch a price tag of $1.5 to $2 billion.

Published 17 Mar, 2021 06:06pm

Business & Finance

ABB's robots to meet post pandemic demand for workforce that never gets sick

More companies in pharmaceuticals, logistics, electronics and food and beverage manufacturing want to use robots, ABB said, with investment set to increase as companies emerge from lockdowns.
Customers want to be independent of these fluctuations in future.

Published 24 Feb, 2021 07:10pm

Business & Finance

ABB sees gradual improvement during 2021 after cautious start

ABB is a signifier for the health of the broader economy, with companies ordering more drives and controllers when they want to ramp up production.

Published 04 Feb, 2021 01:28pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.16
USD PKR Interbank Buying / Nov 21	277.96
USD to Japanese Yen / Nov 21	154.53
USD to Swiss Franc / Nov 21	0.89
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
India Sensex / Nov 21	77,155.79
Tokyo Nikkei / Nov 21	38,026.17
Nasdaq / Nov 21	18,972.42
Hang Seng / Nov 21	19,601.11
FTSE 100 / Nov 21	8,149.27
Dow Jones / Nov 21	43,870.35
Germany DAX 30 / Nov 21	19,146.17

Item	Value
Crude Oil USD/Barrel / Nov 21	70.18
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,669.46
Cotton US¢/pound / Nov 21	70.43
Petrol/Litre / Nov 22	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	95,563,962 ▲ 0.00
Pace (Pak) Ltd. / Nov 22 Pace (Pakistan) Limited(PACE)	51,499,190 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	48,260,119 ▲ 0.00
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	44,585,332 ▲ 0.00
Treet Battery / Nov 22 Treet Battery Limited(TBL)	42,849,466 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	41,650,133 ▲ 0.00
PIA Holding Co.Ltd / Nov 22 PIA Holding Company Limited(PIAHCLA)	33,841,692 ▲ 0.00
Fauji Foods Ltd / Nov 22 Fauji Foods Limited(FFL)	25,303,681 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	25,120,112 ▲ 0.00

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