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Intel to lay off more than 20% of workforce

Intel is set to unveil plans this week to slash more than 20% of its workforce, in a move to streamline operations...

Published 23 Apr, 2025 04:48pm

Business & Finance

Volvo to cut up to 800 US jobs

NEW YORK: Volvo Group plans to lay off as many as 800 workers at three US facilities over the next three months due...

Published 21 Apr, 2025 05:42am

World

Funding shortfall: UN aid chief says to cut 20% of staff in Pakistan, other nations

United Nations Office for Coordination of Humanitarian Affairs faces shortfall of $58 million

Updated 11 Apr, 2025 08:29pm

World

Madagascar risks losing 60,000 textile jobs to U.S. tariffs, official says

ANTANANARIVO: Madagascar could lose around 60,000 textile sector jobs because of U.S. President Donald Trump’s 47%...

Published 09 Apr, 2025 03:10pm

Business & Finance

WTO aims to reduce staffing costs after US funding pause

GENEVA: The World Trade Organization said on Tuesday it is reviewing staff costs after the United States paused...

Published 08 Apr, 2025 07:11pm

Technology

Meta’s content moderation contractor cuts 2,000 jobs in Barcelona

MADRID/BARCELONA: Canadian-based tech company Telus is dismissing as many as 2,000 people from its content...

Published 04 Apr, 2025 06:49pm

World

Sri Lanka warns US tariffs threaten ‘thousands’ of jobs

COLOMBO: Sri Lanka’s apparel manufacturing industry warned on Thursday that sweeping US tariffs will disrupt the...

Published 03 Apr, 2025 03:31pm

Business & Finance

British Steel warns of 2,700 job losses from blast furnace closures

LONDON: China-owned British Steel said it could close its two blast furnaces as soon as June with the potential loss...

Published 27 Mar, 2025 05:32pm

World

US health secretary RFK Jr. plans 10,000 job cuts in major department restructuring, WSJ reports

Health and Human Services Secretary Robert F. Kennedy Jr. is set to significantly cut the size of the agency he...

Published 27 Mar, 2025 05:27pm

Business & Finance

Microchip Technology to cut 2,000 jobs as automotive demand wilts

BENGALURU: Microchip Technology said it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker...

Published 26 Mar, 2025 08:04am

World

Trump admin begins mass layoffs at Voice of America

WASHINGTON: President Donald Trump’s administration on Sunday began mass layoffs at Voice of America and other...

Updated 17 Mar, 2025 09:23pm

Business & Finance

Volkswagen to lay off 1,600 staff at Cariad software unit, Handelsblatt reports

BERLIN: Volkswagen plans to lay off 1,600 staff at its Cariad software unit by the end of the year, the Handelsblatt...

Published 11 Mar, 2025 08:46pm

Business & Finance

Thyssenkrupp to cut 1,800 jobs on automotive weakness

FRANKFURT: Thyssenkrupp plans to slash around 1,800 jobs due to the prolonged weakness in the car sector it...

Published 06 Mar, 2025 06:30pm

Business & Finance

DHL to save $1.1 billion by 2027 with 8,000 job cuts, shares rise

DHL announced plans on Thursday to cut about 8,000 jobs in Germany this year as part of a strategy to save more than...

Published 06 Mar, 2025 05:24pm

Business & Finance

Microchip Technology to lay off 2,000 employees

Microchip Technology said on Monday it will cut around 2,000 jobs, or about 9% of its workforce, as the chipmaker...

Published 03 Mar, 2025 05:25pm

Business & Finance

India’s Ola Electric to cut jobs; over 1,000 roles impacted

Ola Electric, India’s top electric two-wheeler maker by sales, said on Monday it is eliminating some roles due to...

Published 03 Mar, 2025 05:00pm

Business & Finance

US auto safety agency laid off 4% of staff, spokesperson says

WASHINGTON: The National Highway Traffic Safety Administration laid off 4% of its staff as part of a government-wide...

Published 24 Feb, 2025 09:02pm

Business & Finance

Starbucks to cut 1,100 corporate roles in CEO Niccol’s turnaround push

Starbucks said on Monday it would eliminate 1,100 corporate roles as CEO Brian Niccol pushes ahead with his...

Published 24 Feb, 2025 08:58pm

Business & Finance

DBS Group set to cut 4,000 jobs in next 3 years, CEO says

MUMBAI: DBS Group plans to cut 4,000 jobs over the next three years as it expects artificial intelligence (AI) to...

Published 24 Feb, 2025 05:19pm

Technology

TikTok restructures trust and safety team, lays off staff in unit, sources say

SHANGHAI: TikTok is laying off global staff at its trust and safety unit which handles content moderation as part of...

Published 20 Feb, 2025 04:25pm

World

Packaging firm International Paper to close four US plants, cut 1% of global jobs

International Paper said on Thursday it was shutting down four production facilities in the U.S. and laying off...

Published 13 Feb, 2025 09:43pm

Business & Finance

Boeing warns moon rocket program employees of layoffs

SEATTLE: Boeing warned on Saturday of layoffs in its Space Launch System moon rocket program, saying it expects to...

Published 08 Feb, 2025 12:14pm

Business & Finance

Workday to cut 1,750 jobs in AI push

Workday said on Wednesday it will cut around 1,750 jobs, or 8.5% of its current workforce, as the human capital...

Published 05 Feb, 2025 06:16pm

World

Dow to cut 1,500 jobs as part of $1bn cost-saving plan after Q4 miss

Dow missed fourth-quarter profit estimates on Thursday, and said it will lay off 1,500 employees as a part of its $1...

Published 30 Jan, 2025 05:52pm

Business & Finance

CNN to cut jobs by 6pc amid digital push

WASHINTON: Warner Bros Discovery-owned CNN will lay off about 6 percent of its workforce as the TV news outlet...

Published 24 Jan, 2025 06:26am

Business & Finance

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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