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jobs cut

Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts, sources say

STOCKHOLM: Nokia has laid off close to 2,000 people or about a fifth of its employee base across Greater China and...

Published 17 Oct, 2024 06:09pm

Business & Finance

Airbus to cut up to 2,500 jobs in space, defence unit

PARIS: European aviation giant Airbus plans to cut up to 2,500 jobs in its struggling defence and space division, a...

Published 16 Oct, 2024 02:47pm

Technology

Microsoft to cut 650 support jobs in Xbox Games unit

Microsoft said it is cutting 650 jobs in its Xbox unit, the third such layoff this year as the company tries to rein...

Published 12 Sep, 2024 05:15pm

Technology

Samsung Electronics plans global job cuts of up to 30% in some divisions, sources say

SEOUL/NEW DELHI: Samsung Electronics , the world’s top maker of smartphones, TVs and memory chips, is cutting up to...

Published 11 Sep, 2024 03:11pm

Technology

Swedish telecoms operator Telia says to cut 3,000 jobs

STOCKHOLM: Swedish telecoms operator Telia said Wednesday it will cut 3,000 jobs as part of a cost-cutting drive...

Published 04 Sep, 2024 11:56am

Business & Finance

Stellantis to cut up to 2,450 jobs at Michigan plant

NEW YORK: Auto giant Stellantis announced Friday it will cease production of its entry-level Ram 1500 Classic...

Published 10 Aug, 2024 10:30am

World

US weekly jobless claims fall more than expected; continuing claims rise

WASHINGTON: The number of Americans filing new claims for unemployment benefits fell more than expected last week,...

Published 11 Apr, 2024 06:23pm

Business & Finance

Apple lays off more than 600 staff

WASHINGTON: Apple has laid off more than six hundred employees, according to data from a California state agency,...

Published 05 Apr, 2024 06:34pm

Business & Finance

India’s Zee cuts staff by about half at Bengaluru’s Technology & Innovation Centre

BENGALURU: India’s Zee Entertainment on Friday said it has reduced the workforce at its Technology & Innovation...

Published 29 Mar, 2024 09:03pm

Business & Finance

Vodafone Germany to cut 2,000 jobs in revamp

FRANKFURT: Vodafone Germany aims to save around 400 million euros ($434.48 million) over the next two years as part...

Published 26 Mar, 2024 05:12pm

Business & Finance

Unilever to spin off ice cream unit, cut 7,500 jobs for cost savings

Unilever said on Tuesday it would spin off its ice cream unit, home to popular brands such as Magnum and Ben &...

Updated 19 Mar, 2024 02:53pm

World

US job openings fall marginally in January

WASHINGTON: U.S. job openings fell marginally in January, while hiring declined as labor market conditions continue...

Published 06 Mar, 2024 09:19pm

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

Business & Finance

French bank Societe Generale to cut 900 jobs

PARIS: French banking group Societe Generale announced plans on Monday to slash around 900 jobs at its head office...

Published 05 Feb, 2024 01:52pm

Business & Finance

Deutsche Bank to cut 3,500 jobs and reward shareholders

FRANKFURT: Deutsche Bank said on Thursday it would cut 3,500 jobs, buy back shares and pay dividends, in its latest...

Published 01 Feb, 2024 02:00pm

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

Bank of America cuts 20 staff in Asia, China-focused bankers affected most

HONG KONG: Bank of America on Tuesday announced job cuts of around 20 bankers in Asia, three sources with knowledge...

Published 23 Jan, 2024 06:39pm

Technology

Tencent’s Riot Games to lay off about 11% of staff

Tencent Holdings’ Riot Games plans to lay off 530 employees, or about 11% of its staff globally, the online gaming...

Published 23 Jan, 2024 10:01am

World

Los Angeles Times plans ‘significant’ layoffs, guild says

Los Angeles Times plans to lay off a “significant” number of journalists, the newspaper’s guild said on Thursday,...

Published 19 Jan, 2024 10:21am

Business & Finance

US bank Citigroup to cut 20,000 jobs in medium term

NEW YORK: Citigroup plans to cut 20,000 jobs over the next couple of years as part of a corporate reorganization...

Published 15 Jan, 2024 05:03am

World

US weekly jobless claims increase slightly

WASHINGTON: The number of Americans filing new claims for unemployment benefits increased less than expected last...

Published 07 Dec, 2023 07:09pm

Business & Finance

Clariant to cut 170 jobs after closing Romania plant, downsize German operations

ZURICH: Clariant cut its full year earnings guidance on Wednesday after it said it would close its bioethanol plant...

Published 06 Dec, 2023 01:51pm

Business & Finance

Metro Bank says to axe fifth of staff in UK

LONDON: Metro Bank, which has struggled in its quest to shake up Britain’s established banking sector, said Thursday...

Published 30 Nov, 2023 07:15pm

Business & Finance

Barclays eyes up to 900 job cuts in Britain

LONDON: Barclays is putting 900 jobs in its British business at risk of redundancy, employee union Unite said on...

Published 28 Nov, 2023 07:25pm

Markets

Binance.US says CEO Shroder to depart, 100 jobs will be cut

The US affiliate of crypto giant Binance said its chief executive, Brian Shroder, will leave and that it is cutting...

Published 13 Sep, 2023 11:59am

Business & Finance

Wells Fargo CFO expects more layoffs ahead

NEW YORK: Wells Fargo could see its headcount decline further as it aims to improve efficiency, Chief Financial...

Published 12 Sep, 2023 08:16pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Karachi Cotton PKR/37.32 KG / Nov 15	18,085
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Petrol/Litre / Nov 16	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 16 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 16 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 16 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 16 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 16 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 16 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 16 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 16 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 16 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 16 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 16 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 16 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 16 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 16 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 16 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 16 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 16 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 16 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 16 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 16 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 16 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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