The former prime minister, already serving a six-year jail term for corruption related to the plunder of sovereign wealth fund 1MDB, faces several other cases linked to the financial scandal that led to his defeat in the 2018 elections. Taking the witness stand, Najib told the court: “The charges against me are politically motivated.” The […]
According to the Power Division, this is a notable decrease from last year’s losses of Rs 308 billion during the same period. In the previous financial year, DISCOs suffered losses of Rs 591 billion due to these issues. However, the current financial year’s first-quarter results show a slight improvement, with a recovery rate of 91% […]
The Kyoto-based gaming company has not made any official announcement about the console other than confirmation that development on a success of Switch was underway. Now, Brazilian journalist Pedro Henrique Lutti Lippe who reported on Switch 2 being delayed to 2025, has said that Nintendo was set to announce the gaming console in the week […]
The company is positioning autonomous agents – programs that need little human intervention unlike chatbots – as “apps for an AI-driven world” that can handle client queries, identify sales leads, and manage inventory. Other big technology companies such as Salesforce (CRM.N), which opens a new tab have also touted the potential of such agents, tools […]
The upcoming launches are crucial for Apple as it looks to reverse a global sales slowdown, particularly in China, and lay out its artificial intelligence (AI) roadmap. At its developer’s conference in June, Apple announced a slew of AI features under the umbrella of “Apple Intelligence”, including a revamped Siri and integration with ChatGPT. However, […]
Purpose & Importance of Financial Ratio: Ratios help in analyzing the performance trends over a long period of time. They also help a business to compare the financial results to those of competitors. Ratios assist the management in decision-making. They also point out the problem and weak areas along with the strength areas. Ratios to […]
A liquidity ratio is a type of financial ratio used to determine a company’s ability to pay its short-term debt obligations. The metric helps determine if a company can use its current, or liquid, assets to cover its current liabilities. 1. Current Ratio: Current Ratio = Current Assets / Current Liabilities The current ratio is the […]
This article outlines the qualities of good bosses. Working for a good boss is a very motivating experience. It makes one to work even harder and give their very best efforts at the workplace while at the same time enjoying your job. A Good Boss has a Clear Vision For a boss to effectively lead […]
Elsewedy Electric, Egyptian engineering services company; is keen on expanding production in Pakistan after acquiring Validus Engineering Pakistan. This was announced by the Minister of State and Board of Investment (BOI) Chairman, Atif Bokhari. Atif took to Twitter and said that the Managing Director of Elsewedy Electric; Sherif Abo Elhassan, reached out to him to […]
Lee Kun-Hee, the ailing Samsung Electronics chairman who transformed the small television maker into a global giant of consumer electronics. 78-year-old Lee died on Sunday. His family was by his side when he died because of heart attack. The death of the chairman comes at a time when his son, the de facto leader of […]
