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CNBC

CNN and NBC News to lay off employees, CNBC reports

CNN, a unit of Warner Bros Discovery, plans to lay off hundreds of employees on Thursday, as it refocuses the...

Updated 23 Jan, 2025 08:57am

World

‘Close call’ on US June rate hike or pause, says Fed’s Kashkari

Minneapolis Federal Reserve President Neel Kashkari said on Monday it was a “close call” on whether he would vote to...

Published 22 May, 2023 05:27pm

Life & Style

Warner Bros Discovery unveils revamped ‘Max’ in push for streaming growth

BURBANK, California: Warner Bros Discovery Inc on Wednesday said it will launch on May 23 its long-awaited new...

Published 13 Apr, 2023 03:32pm

Technology

Elon Musk says Twitter has a headcount of about 2,300

Statement comes after CNBC reported Twitter's full-time headcount has reduced to about 1,300 active, working employees

Updated 21 Jan, 2023 04:06pm

Pakistan

‘Pakistan’s new govt may undo damage to ties with US’

NEW YORK: A commentary posted on an American television network’s website on Tuesday said that a key priority for...

Published 14 Apr, 2022 04:55am

Technology

Twitter CEO Jack Dorsey to step down

NEW YORK: Twitter Inc Chief Executive Officer Jack Dorsey will step down from his role and a successor has been ...

Published 30 Nov, 2021 05:23am

Business & Finance

Nexi exec says group interested in digital euro, no formal talks with ECB

MILAN: Nexi is interested in working on a digital version of the euro, but there are no formal talks with the...

Published 27 Sep, 2021 05:51am

Markets

Wall Street falls on taper worries, Kabul blast

NEW YORK: Wall Street's main indexes fell to session lows on Thursday on fears of a faster tapering of the US ...

Published 27 Aug, 2021 04:52am

Business & Finance

Dollar jumps after Fed official's taper talk stirs markets

NEW YORK: The dollar jumped from one-week lows on Thursday after a regional Federal Reserve president suggested a...

Published 27 Aug, 2021 04:52am

Business & Finance

Alibaba executive says founder Jack Ma lying low

"The idea that Jack has this enormous amount of power, I think that's not quite right," Tsai said. "He is just like you and me, he's a normal individual."
Alibaba was also fined $2.8 billion in April for anti-competitive business practices.

Published 15 Jun, 2021 07:40pm

Technology

US exchanges offer a rich potential target for hackers

The range of motivations means firms should aim to make themselves "the hardest target" possible to thwart attacks, Alvarado said.

Published 26 May, 2021 10:15am

Markets

ECB will act only if yield rise is unwarranted: de Guindos on CNBC

"If the increase in yields is the consequence of the normalisation of the economy, it's something that is going to part of the broader framework. If there's a recovery going on, if inflation starts to go up and normalise economic activity, then nominal yields will have to go up.

Published 19 May, 2021 06:38pm

World

Pfizer CEO: Vaccine third dose 'likely' needed within 12 months

"It seems strong but there is some waning of that and no doubt the variants challenge," he said.

Published 16 Apr, 2021 10:04am

Markets

ECB's Holzmann hopes to reduce emergency bond buys in Q3: CNBC

The Austrian governor was echoing similar remarks by his Dutch peer Klaas Knot in a Reuters interview earlier this week.

Published 08 Apr, 2021 02:06pm

Markets

Asian markets fall further as recovery pace fuels rate-hike fear

Profit-takers were also taking an opportunity to cash in after both contracts rallied to 13-month highs, they added.

Published 19 Feb, 2021 10:18am

World

Macron floats brokered Airbus-Boeing accord to Biden: report

The European Commission said in response to the move that it "regrets that the United States has chosen to add further EU products to its retaliation list in the WTO Airbus case on aircraft subsidies."

Published 11 Feb, 2021 11:15am

Markets

Indonesia 2020 fuel demand was down 25% y/y

"This year we estimate that there will be a 10%-12% increase in demand," Nicke said, adding that demand will still not be on par with 2019 levels.

Published 04 Feb, 2021 11:45am

Markets

Fed policy makers, like lawmakers, split on need for more fiscal aid

The White House continued Monday to press for the $1.9 trillion package.

Published 02 Feb, 2021 02:18pm

World

Operation Warp Speed chief adviser Slaoui has resigned: CNBC

The chief adviser for the US COVID-19 vaccine program, Slaoui's role leading vaccine.

Published 13 Jan, 2021 10:50am

Technology

'Dozens of email accounts' were hacked at US Treasury

Top US officials - including Secretary of State Mike Pompeo - have blamed Russia for the espionage operation, although some officials and experts have told Reuters it is too soon to know for sure who is behind the breach.

Published 22 Dec, 2020 10:11am

Business & Finance

Boeing CEO says possibility of 'large equity raise' is speculative: CNBC

The planemaker was a little speculative and the company did not plan to go down that path.

Published 17 Dec, 2020 11:14am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 18	280.30
USD PKR Interbank Buying / Mar 18	280.10
USD to Japanese Yen / Mar 18	149.74
USD to Swiss Franc / Mar 18	0.88
Pound Sterling to USD / Mar 18	1.30
Euro to USD / Mar 18	1.09
UK LIBOR % / Mar 17	4.96

Stock	Volume
S&P 500 / Mar 17	5,675.12
Nasdaq / Mar 17	17,808.66
Dow Jones / Mar 17	41,841.63
India Sensex / Mar 18	75,056.73
Tokyo Nikkei / Mar 18	37,883.46
Hang Seng / Mar 18	24,597.87
FTSE 100 / Mar 18	8,724.65
Germany DAX 30 / Mar 18	23,354.09
France CAC40 / Mar 18	8,119.11

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 17	17,285
Crude Oil USD/Barrel / Mar 18	67.90
Gold 10 Grams PKR / Mar 18	272,076
Gold Spot USD/Ounce / Mar 18	3,012
Cotton US¢/pound / Mar 18	66.44
Petrol/Litre / Mar 19	255.63
Diesel/Litre / Mar 19	258.64

Gainers
Losers
Leaders

Stock	Price
First IBL Mod. / Mar 18 First IBL Modaraba(FIBLM)	3.05 ▲ 0.34 (12.55%)
Parmount Sp. / Mar 18 Paramount Spinning Mills Limited(PASM)	4.50 ▲ 0.49 (12.22%)
Int. Knit. / Mar 18 International Knitwear Limited(INKL)	19.76 ▲ 1.8 (10.02%)
Chakwal Spinning / Mar 18 Chakwal Spinning Mills Limited(CWSM)	57.16 ▲ 5.2 (10.01%)
TRG Pak Ltd / Mar 18 TRG Pakistan Limited(TRG)	66.62 ▲ 6.06 (10.01%)
Agritech Limited / Mar 18 Agritech Limited(AGL)	68.26 ▲ 6.21 (10.01%)
Macter Int. Ltd / Mar 18 Macter International Limited(MACTER)	372.76 ▲ 33.89 (10%)
Hala Enterprise / Mar 18 Hala Enterprises Limited(HAEL)	12.65 ▲ 1.15 (10%)
At-Tahur Ltd. / Mar 18 At-Tahur Limited(PREMA)	56.97 ▲ 5.18 (10%)
Bunnys Limited / Mar 18 Bunnys Limited(BNL)	17.40 ▲ 1.58 (9.99%)

Stock	Price
Universal Ins. / Mar 18 The Universal Insurance Company Limited(UVIC)	8.97 ▼ -1 (-10.03%)
Idrees Tex. / Mar 18 Idrees Textile Mills Limited(IDRT)	25.45 ▼ -2.83 (-10.01%)
Khyber Textile / Mar 18 Khyber Textile Mills Limited(KHYT)	435 ▼ -48.13 (-9.96%)
Sanghar Sugar / Mar 18 Sanghar Sugar Mills Limited(SANSM)	43.71 ▼ -4.06 (-8.5%)
Dewan Textile / Mar 18 Dewan Textile Mills Limited(DWTM)	7.75 ▼ -0.67 (-7.96%)
Equity Modaraba / Mar 18 First Equity Modaraba(FEM)	3 ▼ -0.22 (-6.83%)
F.Credit & Inv / Mar 18 First Credit and Investment Bank Limited(FCIBL)	7.75 ▼ -0.55 (-6.63%)
Unicap Modaraba / Mar 18 Unicap Modaraba(UCAPM)	2.90 ▼ -0.2 (-6.45%)
Masood Textile / Mar 18 Masood Textile Mills Limited(MSOT)	50.02 ▼ -3.31 (-6.21%)
Faisal Sp. / Mar 18 Faisal Spinning Mills Limited(FASM)	303.51 ▼ -19.57 (-6.06%)

Stock	Volume
Pak Int.Bulk / Mar 18 Pakistan International Bulk Terminal(PIBTL)	58,826,162 ▲ 0.57
Pak Elektron / Mar 18 Pak Elektron Limited(PAEL)	48,322,821 ▼ -0.7
B.O.Punjab / Mar 18 The Bank of Punjab(BOP)	46,581,767 ▲ 0.18
Fauji Cement / Mar 18 Fauji Cement Company Limited(FCCL)	24,855,885 ▲ 0.28
Pak Refinery / Mar 18 Pakistan Refinery Limited(PRL)	21,328,442 ▼ -0.64
WorldCall Telecom / Mar 18 Worldcall Telecom Limited(WTL)	19,370,888 ▲ 0.01
TRG Pak Ltd / Mar 18 TRG Pakistan Limited(TRG)	18,016,216 ▲ 6.06
Fauji Foods Ltd / Mar 18 Fauji Foods Limited(FFL)	17,460,299 ▼ -0.14
Silk Bank Ltd / Mar 18 Silkbank Limited(SILK)	16,324,496 ▼ -0.02
K-Electric Ltd. / Mar 18 K-Electric Limited(KEL)	16,312,492 ▲ 0.05

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