Naspers revises profit targets and reduces losses in business update.
Naspers, a global consumer internet and tech group, has almost doubled its earnings in the first half of the year. This was due to higher interest rates and a bigger…
Amazon’s Q AI assistant allows users to inquire about their company’s data.
Amazon’s cloud business AWS has launched a chat tool called Amazon Q, where businesses can ask specific questions about their companies. AWS CEO Adam Selipsky announced Amazon Q during a…
October sees a significant increase in profit repatriation from Pakistan, reaching $272.5 million.
The State Bank of Pakistan (SBP) released data showing that the repatriation of profit and dividends by foreign investors in Pakistan was $272.5 million in October 2023, a huge increase…
Shoprite takes action: Criminals receive 24 life sentences, thousands more years in prison.
Shoprite, South Africa’s largest retailer, is fighting crime by helping to secure prison sentences for criminals who commit crimes against the company. Over the past three years, Shoprite has secured…
Mardi’s research reduces the import of onions.
The Malaysian Agricultural Research and Development Institute (Mardi) is doing research to reduce the country’s dependence on imported onions. They are confident that their research and development activities will be…
Shopify reports Black Friday sales jump 22% to reach $4.1 billion.
Latest business news includes updates on Black Friday sales, the stock market, and developments in the oil sands industry. The Pathways Alliance, a group of oil sands companies, is confident…
Nepra’s Hearings.
Two important hearings are taking place today at NEPRA, which will provide more clarity on the future of the power sector in Pakistan. The first hearing is about the license…
Samsung establishes control center for future growth initiatives.
Samsung Electronics announced the establishment of a new team to explore future business items, keeping the two-CEO system unchanged. The new team will report to Han Jong-hee, the chief of…
PSX close to reaching 60,000 milestone as intraday trade continues to rise.
The Pakistan Stock Exchange (PSX) reached close to 60,000 points on Monday, with the KSE-100 index showing a sudden surge of 563.58 points at 1:11pm. The previous session saw the…
Amid the crisis in Gaza, calls for boycotting ‘Israeli’ goods are being made, but are they effective?
Boycotts should not be seen as the end goal. The BDS movement calls for boycotting corporations linked to the oppression of Palestinians. It has been gaining traction in countries like…