Business & Finance - Company News

Emirates to resume flights from Karachi, Lahore and Islamabad

Emirates to resume flights from Karachi, Lahore and Islamabad

KARACHI: Emirates is going to resume a daily flight from Karachi, five flights from Lahore and two from Islamabad by June 8, 2020.Mohammad Sarhan, Emirates'...

Adidas sees green shoots in China after virus shock

Adidas sees green shoots in China after virus shock

FRANKFURT AM MAIN: German sportswear maker Adidas said Thursday it had returned to sales growth in China in May, after store closures due to the...

Emirates to resume flights from Karachi, Lahore and Islamabad

Emirates to resume flights from Karachi, Lahore and Islamabad

KARACHI: Emirates is going to resume a daily flight from Karachi, five flights from Lahore and two from Islamabad by June 8, 2020.Mohammad Sarhan, Emirates'...

Adidas sees green shoots in China after virus shock

Adidas sees green shoots in China after virus shock

FRANKFURT AM MAIN: German sportswear maker Adidas said Thursday it had returned to sales growth in China in May, after store closures due to the...

Insurance sector: SECP constitutes working group to develop risk based capital regime

Insurance sector: SECP constitutes working group to develop risk based capital regime

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has constituted a working group of actuaries for the development of Risk Based Capital Regime in...

Nishat Mills Limited

Nishat Mills Limited

OVERVIEW: Nishat Mills Limited (PSX: NML) was established in 1951. Its name is widely known in the textile sector of the country. It is one...

Consumer companies’ Q1 profitability dips 7 percent YoY

Consumer companies’ Q1 profitability dips 7 percent YoY

KARACHI: Pakistan consumer companies (Staples, Pharmaceuticals and Discretionary) profitability has declined by 7 percent on year-on-year basis in the first quarter of 2020.Category-wise, pharmaceuticals witnessed...

Masood Textile Mills Limited

Masood Textile Mills Limited

OVERVIEW: Masood Textile Mills Limited (PSX: MSOT) commenced its operations in 1984. It is a public limited company, established under the Companies Act, 1913 (now...

France approves $5.6bn emergency loan for Renault

France approves $5.6bn emergency loan for Renault

PARIS: The French government said Tuesday that it had signed off on a state-backed loan of five billion euros ($5.6 billion) for carmaker Renault, where...

Coffee maker JDE Peet’s shares pop 15pc after $17 billion virtual IPO

Coffee maker JDE Peet’s shares pop 15pc after $17 billion virtual IPO

Shares in the world’s No. 2 maker of packaged coffee, whose brands include Douwe Egberts, Peet’s Coffee and Jacobs, were priced at 31.50 euros,...

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