Trends - JOB CUT - Business Recorder

JOB CUT

Dutch rail operator NS to cut 500 jobs to curb losses

THE HAGUE: Dutch rail operator NS on Thursday announced it will cut 500 jobs to curb costs, with the state-owned...

Published 01 Aug, 2024 04:17pm

Business & Finance

Toshiba to cut up to 4,000 jobs in Japan

TOKYO: Troubled Japanese industrial giant Toshiba said Thursday that it plans to cut up to 4,000 jobs domestically...

Published 16 May, 2024 02:57pm

Business & Finance

Some Wells Fargo employees vote in favor of unionization; others reject

Wells Fargo employees at its Albuquerque, New Mexico branch voted to join a union on Wednesday, while some of the...

Published 21 Dec, 2023 10:32am

Business & Finance

Telefonica seeks to cut 5,100 jobs in Spain by 2026, union says

MADRID: Telefonica told unions on Monday it sought to cut around 5,100 jobs in Spain by 2026 in an effort to reduce...

Published 04 Dec, 2023 05:52pm

Business & Finance

UBS to cut Credit Suisse investment bank staff in Spanish overhaul

ZURICH: UBS is cutting nearly half of the staff it inherited from Credit Suisse in Spain in the latest restructuring...

Published 25 Oct, 2023 08:13pm

Business & Finance

Barclays to lay off dozens of US consumer bank employees

NEW YORK: Barclays Plc is laying off dozens of staff in its U.S. consumer banking division as part of a global drive...

Published 25 Oct, 2023 08:10pm

Technology

Nokia to cut up to 14,000 jobs after sales drop 20%

STOCKHOLM: Finnish telecom gear group Nokia on Thursday said it will cut up to 14,000 jobs as part of a new cost...

Published 19 Oct, 2023 11:00am

Business & Finance

Biogen to cut 1,000 jobs to save costs as Alzheimer’s drug launch gathers pace

Biogen Inc said on Tuesday it expects to slash about 1,000 jobs, or about 11% of its workforce, to save costs as the...

Published 25 Jul, 2023 05:05pm

Business & Finance

Alibaba’s cloud unit to cut 7% of staff in overhaul

Alibaba Group Holding Ltd’s cloud unit has started a round of downsizing that will impact 7% of the staff as it...

Published 23 May, 2023 05:23pm

Business & Finance

BT to axe up to 55,000 jobs by 2030

LONDON: British telecoms group BT said Thursday it will axe up to 55,000 jobs by the end of the decade in the latest...

Published 22 May, 2023 06:23am

Technology

UK telecoms firm BT to axe up to 55,000 jobs by 2030

LONDON: British telecoms and television group BT said Thursday it would axe up to 55,000 jobs by the end of the...

Published 18 May, 2023 01:50pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01