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Amazon launches air freight service in India

BENGALURU: Amazon.com Inc on Monday launched its own air cargo fleet in India, Amazon Air, as it seeks to expand and...

Published 24 Jan, 2023 07:11am

World

Dozens of companies, small business groups back US bill to rein in Big Tech

WASHINGTON: Dozens of companies and business organizations are sending a letter to US senators on Monday to urge ...

Published 13 Jun, 2022 06:53pm

Markets

Wall Street falls as growth stocks struggle with inflation reading in focus

NEW YORK: Wall Street’s main indexes fell in choppy trading on Thursday, as growth and bank stocks slipped amid...

Published 10 Jun, 2022 06:16am

Wall Street tumbles on fear Fed may need bigger rate hike

NEW YORK: Wall Street’s main indexes tumbled on Thursday as investors fretted the Federal Reserve’s rate hike...

Published 06 May, 2022 05:03am

Markets

Wall Street inches higher as growth stocks rebound

NEW YORK: US stocks edged higher on Monday as growth stocks rebounded after April’s rout, with investor focus...

Published 03 May, 2022 03:47am

Markets

Nasdaq slides after bleak Netflix results

NEW YORK: The tech-heavy Nasdaq fell on Wednesday as streaming giant Netflix slumped after shedding subscribers for...

Published 21 Apr, 2022 05:26am

World

India’s Future Retail asks court to declare arbitration with Amazon illegal

MUMBAI: India’s Future Retail has asked a New Delhi court to declare arbitration proceedings in Singapore with...

Published 04 Jan, 2022 06:54am

World

Amazon driver died in bathroom sheltering from tornado with colleagues

EDWARDSVILLE, Ill: Amazon cargo driver Austin J. McEwen, 26, was an only child who loved to listen to rapper Mac...

Published 13 Dec, 2021 06:45am

Markets

Early trade: Wall Street falls as economic woes hit banks, industrials stocks

NEW YORK: Wall Street’s main indexes fell on Wednesday as concerns around slowing economic growth and fresh...

Published 05 Aug, 2021 04:34am

Markets

Wednesday’s early trade: Main indexes ease

NEW YORK: Wall Street’s main indexes eased on Wednesday, with the S&P 500 retreating from a record high, as a...

Published 15 Jul, 2021 04:03am

Markets

Tuesday's early trade: Nasdaq eyes record closing high

NEW YORK: The Nasdaq was on pace for a record closing high on Tuesday, as investors anticipated Federal Reserve ...

Published 23 Jun, 2021 04:26am

Technology

Top US antitrust lawmaker targets Big Tech with new bills

A fourth would require platforms to set up a way for users to transfer data if they desire, including to a competing business.

Published 10 Jun, 2021 12:06pm

World

Financial Times, New York Times, Bloomberg websites temporarily down

Multiple websites operated by news outlets were inaccessible for a short while on Tuesday

Published 08 Jun, 2021 03:35pm

Markets

Wednesday’s early trade: Stocks up as Fed officials soothe inflation worries

NEW YORK: US stocks rose marginally on Wednesday after remarks from Federal Reserve officials helped ease worries...

Published 27 May, 2021 03:40am

Markets

Tuesday's early trade: Inflation fears push S&P to one-month low

NEW YORK: Wall Street's main indexes fell for a second straight session and the S&P 500 hit a one-month low on...

Published 12 May, 2021 04:23am

Markets

US stocks lower

NEW YORK: US stocks closed lower on Monday, slipping from last week’s record levels, as investors awaited guidance...

Published 21 Apr, 2021 03:21am

Business & Finance

Amazon commits $250mn for India's small businesses as traders question practices

"We are very passionate about trying to enable acceleration of small and medium-sized businesses, in fuelling innovation and the economy in India," the company's incoming CEO Andy Jassy said at Amazon India's event "Smbhav", which phonetically means "possible" in Hindi.
Jassy, who overseas Amazon's fast-growing cloud computing business, will take over as CEO from founder Jeff Bezos later this year.

Updated 15 Apr, 2021 07:27pm

Markets

Nasdaq plummets as high-flying tech stocks retreat

NEW YORK: The Nasdaq ended sharply lower on Wednesday after investors sold high-flying technology shares and pivoted...

Published 05 Mar, 2021 05:17am

Business & Finance

Amazon tries to block Future's asset sale to Reliance after Indian regulatory approval

Amazon argues Future breached some pre-existing clauses by entering into a deal with Reliance.
Future has "deliberately" disobeyed the arbitrator's order, Amazon argued in its court filing, which is likely to be heard by the court in New Delhi later this week.

Published 25 Jan, 2021 06:46pm

Markets

Thursday's early trade: Indexes hover near record highs

NEW YORK: Wall Street's main indexes hovered near record highs on Thursday as investors counted on more pandemic...

Published 22 Jan, 2021 04:47am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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