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Ikea

Six recycling innovations that could change fashion

PARIS: The fashion industry’s enormous waste problem is pushing governments, particularly in Europe, towards...

Published 28 Nov, 2023 12:45pm

Business & Finance

OICCI launches ‘white paper’: ‘Synergizing the climate ambition...’

KARACHI: Overseas Investors Chamber of Commerce and Industry (OICCI), the collective body of over 200 foreign...

Published 24 Dec, 2022 05:50am

World

Shanghai to reopen all schools Sept. 1 as lockdown fears persist

SHANGHAI: China’s financial hub Shanghai said on Sunday it would reopen all schools including kindergartens, primary...

Published 14 Aug, 2022 01:24pm

Business & Finance

IKEA India to source more products locally to tackle rising inflation

BENGALURU: IKEA India plans to source more products locally to combat rising inflation, as the Swedish furniture...

Updated 22 Jun, 2022 02:43pm

Life & Style

Nike, IKEA close Russian stores as sanctions, trade restrictions bite

Sneaker maker Nike and home furnishings firm IKEA shut down stores in Russia on Thursday, as trade restrictions and...

Published 04 Mar, 2022 04:11pm

Business & Finance

IKEA temporarily closes its stores in Russia, halts sourcing in Russia, Belarus

STOCKHOLM: IKEA, the world's biggest furniture brand, is closing all its stores in Russia, and pausing all its...

Published 03 Mar, 2022 04:52pm

Business & Finance

Ikea to hike prices by 9pc due to supply chain woes

STOCKHOLM: Ikea will hike its prices by an average of nine percent next year due to ongoing supply and ...

Published 03 Jan, 2022 06:42am

Business & Finance

Ikea to hike prices by 9% due to supply chain woes

STOCKHOLM: Ikea will hike its prices by an average of nine percent next year due to ongoing supply and ...

Published 31 Dec, 2021 11:17am

World

Ikea pays out 110m euros in Covid bonuses

STOCKHOLM: Ikea will pay a total of 110 million euros ($128 million) in bonuses to employees worldwide as reward for...

Published 30 Oct, 2021 04:37am

Business & Finance

IKEA warns supply chain disruptions

STOCKHOLM: IKEA, the world's biggest furniture brand, is leasing more ships, buying containers and re-routing goods...

Published 18 Oct, 2021 04:42am

World

Ikea France found guilty in employee spying scandal

PARIS: A French court ruled Tuesday that Ikea had set up an elaborate system to illegally spy on hundreds of...

Published 16 Jun, 2021 03:40am

Business & Finance

Pakistan textile co grabs IKEA's ‘Affordable Sustainability’ award

“A proud moment for the fraternity and the country,” added Dawood.

Published 05 May, 2021 12:57pm

Business & Finance

IKEA makes first solar park investment in Russia

The total book value for the eight parks is more than 21 billion roubles ($272.16 million), Ingka Investments, the investment arm of the world's biggest furniture retailer, said in a statement.
Ingka Group has invested 2.5 billion euros ($2.97 billion) in renewable energy since 2009 and recently surpassed a target to produce as much renewable energy as the energy it consumes in its own operations.

Published 13 Apr, 2021 06:25pm

World

Ikea goes on trial in France for spying on staff

VERSAILLES, (France): The French branch of Swedish retailing giant Ikea went on trial Monday accused of running an...

Published 23 Mar, 2021 04:37am

Dire prospects for value-added textile industry

The worldwide attention given to the plight of the Uighurs in the Chinese Xinjiang province has led to a conscious...

Published 01 Mar, 2021 06:13am

Business & Finance

Furniture giant IKEA to commence operations in Pakistan

The company founded in Sweden in 1943 by the renowned businessman Ingvar Kamprad, is one of the world's largest furniture retailer since 2008.

Published 30 Dec, 2020 11:58am

Life & Style

Ikea scraps famed catalogue after 70 years

The catalogues offered a snapshot on contemporary living that made them intensely popular.

Updated 08 Dec, 2020 10:23am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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