The company said on Thursday it was expecting third-quarter revenue to drop to low double digits after the embattled sportswear seller’s quarterly results beat market estimates. Elliott Hill, in his first public address as CEO on the post-earnings call, said Nike had “lost its obsession with sport” and vowed to put it back on track […]
The information provided on the currency website indicated that the Omani Rial experienced a rise of 26 paisas in relation to the Pakistani rupee within the open market. The Omani Rial denoted as OMR, serves as the official currency of Oman and is subdivided into 1,000 smaller units called baisa. Conversion of 500 and 1000 […]
Brent crude futures fell by 41 cents, or 0.56%, to $72.47 a barrel by 0420 GMT. U.S. West Texas Intermediate crude futures fell 39 cents, or 0.56%, to $68.99 per barrel. Chinese state-owned refiner Sinopec said in its annual energy outlook, released on Thursday, that China’s crude imports could peak as soon as 2025 and […]
As per details, the planes—a Boeing 777 and an Airbus A320—are being prepared for integration into active flight operations ahead of Europe flights. According to PIA sources, the Boeing 777 is designated for European routes and Hajj operations. The aircraft had been grounded for over a year, but its two engines are set to arrive […]
As per details, the PIA privatization issue was discussed in the National Assembly. Former commerce minister Naveed Qamar raised concerns about the privatization efforts, recalling a previous unsuccessful attempt during today’s NA session. “What timeline has been set for this initiative?” he inquired, adding that the privatization process needs to be carefully planned. In response, […]
KSE-100 shed 3,790.40 points, or 3.3 percent to settle at 111,070.29 at the closing of the stock market as against 114,860.69 points the previous trading day. A total of 1.11 billion shares were traded during the day at the PSX, as compared with 1.25 billion shares the previous trading day. The price of shares stood […]
As reported by WABetaInfo, the new functionality, enables businesses to utilize AI for managing customer communications, especially during periods when their human staff may not be available. This feature is expected to be included in an upcoming update, although it is currently accessible only to beta testers using the latest WhatsApp beta for Android version […]
As reported by Forex.pk, the price for 10 grams of 24-karat gold in Saudi Arabia is SAR 3,197. Furthermore, the price for an ounce of gold is noted to be SAR 9,947. It is crucial to recognize that gold prices are influenced by global fluctuations, including those occurring within Saudi Arabia, and the figures provided […]
Exports comprising computer services and call center services during the first five months (July-November) of the current fiscal year 2024-25 stood at $1.530 billion as against $1.152 billion during the same period of the previous fiscal year. According to official data, IT export remittances increased by nearly 25 percent on a year-on-year basis in November […]
Data from the currency website indicated that the Omani Rial experienced an appreciation of 65 paisas relative to the Pakistani Rupee in the open market. The Omani Rial denoted as OMR, serves as the official currency of Oman and is subdivided into 1,000 smaller units called baisa. Conversion of 500 and 1000 Omani Rial to […]
