The Pasadena, California-based fried-chicken chain is working with investment bank North Point on a sale process, which is attracting interest from private equity firms, the sources said, requesting anonymity as the discussions are confidential. The deliberations come at a time when restaurant operators like Dave’s are facing increased labor costs and are attempting to pass […]
Despite having some of the world’s biggest oil and gas reserves, Iran has been facing power shortages as it struggles to supply enough fuel to its power plants, especially in winter when heating demand surges. “Due to extreme cold, frost, snowfall and the need to cut energy consumption, government offices and schools have been shut […]
In a complaint filed in St. Louis federal court, Missouri accused Starbucks of tying executive pay to the company’s achieving racial and gender-based hiring quotas. It also accused Starbucks of singling out preferred groups for additional training and job advancement prospects and employing a quota system to ensure its board of directors had a variety […]
The move has been taken under the right-sizing policy of the incumbent government to save extra expenditures. According to the notification, the Narcotics Control Ministry has been abolished and the Anti-Narcotics Force (ANF) has been given under the control of the Interior Ministry. Earlier in July, Finance Minister Muhammad Aurangzeb stressed the importance of rightsizing […]
The ATC judge expressed resentment over terrorism charges against the Muhajir Qaumi Movement’s Chairman, who was arrested in two arson and terrorism cases by police. “Politicians become more popular when they go to jail,” the Judge remarked. “A gentleman is already in jail and not being controlled, now he is being asked to go out, […]
As per details, FIA Gujranwala Zone-I arrested Zubair Mahar from Gujrat for his involvement his the Libya boat tragedy in 2023. The prime suspect’s name was also included in the red book of highly wanted human smugglers. The FIA officials said the arrested suspect was wanted in multiple cases in 2023 at the Composite Circle […]
As per details, a five-member special committee has been formed to conduct a performance audit of the FIA. The committee, headed by the Director-General of the National Police Bureau, will review the FIA’s performance in various areas, including the number of cases registered and suspects arrested. The committee will also examine the FIA’s efforts in […]
In an informal conversation with the media at the Anti-Terrorism Court, Shah Mahmood Qureshi said major opposition parties are supporting PTI and hinted at the formation of a grand alliance soon. Qureshi pointed out that Shahid Khaqan Abbasi has distanced himself from his government and is now standing with them. He added that prominent political […]
A mission of the International Monetary Fund (IMF) has been on a visit to Pakistan to conduct a Governance and Corruption Diagnostic Assessment (GCDA), the Ministry of Finance earlier said in a statement. The IMF delegation was briefed that the Parliament has been the major forum of audit and accountability in the public sector and […]
This was informed by police to the Anti-Terrorism Court (ATC) hearing Azam Swati’s interim bail applications in five cases. In today’s hearing, police said they have completed the investigation into the cases against Azam Swati and found the former minister ‘guilty’. The court gave Swati’s lawyers one final chance to present arguments before adjourning the […]
