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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

Stock	Volume

Item	Value
Petrol/Litre / Jan 1	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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