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Sony to lay off 900 PlayStation employees, shut London studio

Japan’s Sony is cutting about 900 jobs at its PlayStation unit and shutting a studio in London, it said on Tuesday...

Published 27 Feb, 2024 07:55pm

Business & Finance

Digital media upstart Vice laying off ‘several hundred’ staff: CEO

WASHINGTON: Vice, the dynamic, fast-growing digital media company that gained a wide following with young readers,...

Published 23 Feb, 2024 05:50pm

Business & Finance

India’s SpiceJet to cut jobs, save $12mn annually

BENGALURU: Indian low-cost carrier SpiceJet said on Monday that it has started adopting measures to reduce its...

Published 12 Feb, 2024 02:02pm

Business & Finance

Roche cutting 345 jobs in product development

ZURICH: Roche is cutting 345 jobs, Swiss website Muula reported, as the drugs company responds to lower profit...

Published 09 Feb, 2024 11:26am

Technology

Fortum weighs cutting up to 130 jobs

COPENHAGEN: Finnish utility Fortum said on Friday it had started negotiations with labour unions that could see up...

Published 26 Jan, 2024 12:26pm

Technology

Microsoft lays off 1,900 Activision Blizzard, Xbox staff

Microsoft is letting go of 1,900 employees at Activision Blizzard and Xbox this week, news website The Verge...

Published 25 Jan, 2024 08:49pm

Business & Finance

Lloyds to cut around 1,600 branch jobs in digital switch

LONDON: Britain’s biggest domestic bank Lloyds is cutting around 1,600 roles across its branch network, a...

Published 25 Jan, 2024 07:15pm

Business & Finance

Tata Steel to cut 3,000 jobs in Wales

LONDON: Indian-owned Tata Steel is to cut about 3,000 jobs at a plant in Wales, a source with knowledge of the plan...

Published 19 Jan, 2024 05:37am

Business & Finance

Goldman Sachs to cut more jobs, eyes sharp fall in markets revenue

NEW YORK: Goldman Sachs Group Inc plans more workforce reductions as the difficult economic environment weighs on...

Published 05 Jun, 2023 03:27am

Business & Finance

Amazon to cut 9,000 jobs in second round of layoffs

NEW YORK: Amazon.com Inc on Monday said it would axe another 9,000 roles totaling 27,000 job cuts in recent months,...

Published 27 Mar, 2023 06:15am

Business & Finance

Accenture to cut 19,000 jobs as IT spending slows

BENGALURU: Accenture Plc lowered its annual revenue and profit forecasts and decided to cut about 2.5% of its...

Published 27 Mar, 2023 06:15am

Business & Finance

BASF to cut jobs, close units in response to high energy costs

FRANKFURT: German chemical giant BASF said Friday it would cut thousands of jobs worldwide and close several units...

Published 24 Feb, 2023 05:00pm

Business & Finance

Global banks cut jobs as cost pressures mount

LONDON: Global banks are in the process of cutting at least 5,000 jobs as profits at lucrative investment banking...

Published 16 Jan, 2023 06:18am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	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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