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lawsuit

Tariff, USD indexation under PPA terms: South Korean co threatens to file global lawsuit

Seeks intervention of Power Division to take appropriate measures to ensure that contractual commitments outlined in the PPA are upheld

Updated 13 Aug, 2024 02:29pm

Opinion

Justice at a standstill?

Charles Dickens, the famous author, often criticized the slow and bureaucratic British legal system in his novels. ...

Updated 29 Apr, 2024 05:20am

World

US takes on Apple in antitrust lawsuit

WASHINGTON: The US Department of Justice and 15 US states on Thursday sued Apple, alleging it monopolized smartphone...

Published 22 Mar, 2024 04:57am

World

Google agrees to settle $5bn lawsuit over ‘incognito’ mode

SAN FRANCISCO: Google has agreed to settle a consumer privacy lawsuit seeking at least $5 billion in damages over...

Published 30 Dec, 2023 06:28am

World

US county sues oil cos for $51bn over ‘Heat Dome’ disaster

WASHINGTON: A county in the northwestern state of Oregon on Thursday filed a lawsuit against major fossil fuel...

Published 24 Jun, 2023 06:02am

Business & Finance

AT&T to pay $6mn to SEC to settle lawsuit over leaks to analysts

AT&T Inc. has agreed to pay a $6.25 million penalty to settle a Securities and Exchange Commission lawsuit...

Published 03 Dec, 2022 02:16pm

Business & Finance

Big bank HBL bigger responsibility

KARACHI: HBL faces secondary liability in a lawsuit in the United Sates. Bloomberg broke the news yesterday morning,...

Updated 30 Sep, 2022 06:31am

World

Twitter seeks to settle 2016 class action lawsuit for $800m

NEW YORK: Twitter Inc said on Monday it would pay $809.5 million to settle a shareholder class action lawsuit...

Published 21 Sep, 2021 04:10am

Life & Style

Nirvana sued by man who was nude baby on ‘Nevermind’ cover

The image depicts Spencer — like a sex worker — grabbing for a dollar bill

Published 26 Aug, 2021 03:57pm

Life & Style

Disney rejects Scarlett Johansson's complaint over Black Widow streaming release

Johansson's lawsuit claims that Disney breached her contract and enriched itself at her expense.

Published 30 Jul, 2021 12:49pm

Technology

Trump announces anti-censorship lawsuit against Facebook, Twitter

WASHINGTON: Former US president Donald Trump announced Wednesday he is filing a class-action lawsuit against...

Published 08 Jul, 2021 04:22am

Business & Finance

VW wins ruling in US bondholder litigation over emissions cheating

NEW YORK: A divided US appeals court ruled in favour of Volkswagen AG on Friday by giving the German automaker...

Published 27 Jun, 2021 03:56am

World

EU opens new front in AstraZeneca legal fight that may lead to fines

EU launches 2nd lawsuit against Astra over delayed supplies.
EU asks Astra to deliver at least 120mln doses by mid-year.
AZ aims to ship 100mn doses by end-June, out of contracted 300mn.

Published 11 May, 2021 04:27pm

Business & Finance

Apple to pay $3.4m over iPhone obsolescence

SANTIAGO: Apple has agreed to pay Chilean consumers $3.4 million in a lawsuit over programmed obsolescence of...

Updated 12 Apr, 2021 09:15am

Life & Style

Nike sues company that made 'Satan Shoes' with Lil Nas X

The shoes claim to contain human blood.

Published 30 Mar, 2021 12:26pm

Pakistan

Broadsheet pays Rs4.5 million to Sharif family in London lawsuit

Broadsheet has made a payment for the settlement of the Sharif family’s legal costs after having withdrawn the Avenfield Apartments attachment application
Lawyers acting for the Sharif family have confirmed that the payment has been received in their bank account

Published 23 Feb, 2021 05:13pm

Technology

Facebook to pay $4.7M to Italian developer for copying its ‘Nearby’ feature

Milan-based appeals court ruled the Facebook's ‘Nearby’ feature was copied from Business Competence's Faround app.

Published 08 Jan, 2021 01:18pm

Pakistan

UK court orders Pakistan to pay $28.7 million payment to British firm

British firm Broadsheet was hired by NAB during Pervez Musharraf’s government to trace assets in the UK and USA of more than 200 Pakistanis
The firm didn’t recover a single asset of any target anywhere in the world but its litigation against NAB started over the broken contract when the anti-graft watchdog ended its contract

Published 01 Jan, 2021 10:53am

World

Families of Italian COVID-19 victims seek $122mn from government

A group representing 500 families said it would file the lawsuit against Prime Minister Conte, health minister and Lombardy president.
Italy has recorded nearly 70,000 deaths linked to Covid-19, more than any other country in Europe.

Updated 23 Dec, 2020 08:30pm

World

Texas GOP chief suggests forming 'union of states' after U.S. Supreme Court tosses election challenge

The chairman of the Texas Republican Party suggested the formation of a “Union of states that will abide by the constitution” on Friday.
Texas GOP Chairman Allen West said the Supreme Court’s order had established “a precedent that says states can violate the U.S. Constitution and not be held accountable.”

Published 12 Dec, 2020 03:35pm

Technology

Facebook faces Antitrust Lawsuits in 46 US States

Facebook faces antitrust lawsuits from the United States FTC and 48 attorneys general across 46 states for engaging in illegal, anti-competitive tactics.

Updated 10 Dec, 2020 01:17pm

World

An antitrust lawsuit in US calls for the breakup of Facebook

FTC alleges that the social network used monopoly power with the intention of suppressing and deterring serious competitive threats
Facebook says the US government wants a do-over with no regard for the impact that precedent would have on the broader business community

Published 10 Dec, 2020 11:44am

World

Trump family urges U.S. appeals court to move marketing scam lawsuit to arbitration

The lawyer, Thomas McCarthy, told the 2nd U.S. Circuit Court of Appeals in Manhattan the plaintiffs were “done in by the allegations of their own complaint,” and that their proposed class action concerning the multi-level marketing company American Communications Network belonged in arbitration.

Published 02 Dec, 2020 02:46pm

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

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