Temasek buys 41% stake in India’s Manipal Health for $2bn – source
Singapore-based sovereign wealth fund Temasek said on Monday that it is acquiring an additional 41% stake in India's Manipal Health Enterprises from...
Binance’s US arm struggles to find bank to take its customers’ cash, WSJ reports
The U.S. arm of cryptocurrency exchange Binance is struggling to find a bank to handle its customers' cash after the failure of...
Why are exporters crying foul against the SBP?
The entire matter hinges around one thing: how long exporters take before converting the proceeds for their exported products into PKR and bringing them home.
What is next for Pakistan’s only aluminium can company?
PABC”s annual general meeting is later this month, where production capacity expansion will be a main feature.
Business confidence continues to steep downwards amidst economic crises, shows Gallup Business Confidence Index
Inflation, Rupee depreciation, and loan default leave business community perilously worried about current and future conditions
Airbnb shares fall after probe into unpleasant customer experiences
Shares of Airbnb Inc (ABNB.O) fell as much as 6% on Thursday after an online independent publication released a report that probed unpleasant...
Amazon plans to trim employee stock awards amid tough economy
Amazon.com Inc (AMZN.O) said it would reduce employee stock awards, a part of its compensation plan, as the e-commerce giant navigates an uncertain...
Apple says ‘Hello Mumbai’ at first India store launch
Apple Inc (AAPL.O) on Wednesday revealed the look of its first retail store in India, as several people tried to catch a glimpse...
Former central bank chief warns debt restructuring for Pakistan will be “very difficult”
According to an article in Dawn, former governor of the State Bank of Pakistan (SBP), Dr Reza Baqir, has warned that debt...
China urges WTO to sift US-led chip export curbs
China has urged the World Trade Organization to scrutinise US-led technology export restrictions aimed at curbing its ability to make advanced chips,...
Richard Branson’s Virgin Orbit files for bankruptcy, to seek buyer
Richard Branson's Virgin Orbit Holdings (VORB.O) filed for Chapter 11 bankruptcy on Tuesday after the satellite launch company failed to secure the long-term...
China’s reopening brightens developing Asia’s 2023 growth outlook – ADB
Developing Asia will grow faster than previously thought this year, underpinned by a stronger-than-projected rebound in China, but risks from global banking...
McDonald’s temporarily shuts US offices, prepares layoff notices, WSJ reports
Burger chain McDonald's Corp (MCD.N) is temporarily closing its U.S. offices this week as it prepares to inform corporate employees about its layoffs...
“Khao kasam,” says OLX to its sellers before finalising a deal
OLX makes sellers take a religious undertaking to earn commission from the proceeds
Exclusive: India regulator probing some Adani offshore deals for possible rule violations
India's market regulator is investigating possible violation of 'related party' transaction rules in the Adani Group's dealings with at least three offshore...