Normally, you would expect news out of San Francisco would have to do with the city’s gigantic tech scene and the many major companies like Google and Meta that call Silicon Valley their home. But at the end of last month, the Tech Capital of the world was uncharacteristically at the centre of a tense … Read more
Strategic investors IFU Investment Partners K/S (IIP) and The Investment Fund for Developing Countries (IFU) have announced their decision to sell their collective 6.1% stake in Power Cement Limited, according to a notice sent to the Pakistan Stock Exchange (PSX) on Tuesday. The two entities hold a total of 80,506,670 ordinary shares in the company, … Read more
The production of the new King Charles III £10 note by the Bank of England is seen in this undated handout picture. — Reuters/File The first few banknotes from the Unted Kingdom’s new banknotes were recently sold off in a record auction of 11 times more than their face value. The new banknotes, with a … Read more
A selection of some of the earliest banknotes featuring King Charles III has fetched over £900,000 at auction. Spink & Son conducted four separate auctions, where early editions of King Charles £5, £10, £20, and £50 banknotes were put up for bidding, ultimately raising a total of £914,127. The banknotes, which had a face value … Read more
French oil major TotalEnergies has agreed to sell its 50% stake in oil marketing company Total PARCO Pakistan Limited to global commodities trader Gunvor Group, TotalEnergies said in a statement on Tuesday. A joint venture between Total Energies and Pak-Arab Refinery Limited in Pakistan, Total PARCO Pakistan limited has a retail network of more than … Read more