KARACHI: HBL has been honored with the ‘Best Board of the Year’ award by the Pakistan Institute of Corporate Governance (PICG), in recognition of its exemplary leadership, outstanding governance, and strategic oversight. Aamir Irshad, Acting President & CEO of HBL, received the award on behalf of the Board of Directors of HBL at the PICG … Read more
India’s Bajaj Housing Finance attracted bids worth about $38.60 billion, or nearly 64 times the shares on offer, making it the most sought-after major public listing this year in a red-hot IPO market. The interest in the company’s public offer — the most this year among mainboard IPOs worth more than $500 million — was … Read more
Adobe will unveil a new generative AI-powered video creation and editing tool in a limited release later this year, the software maker said on Wednesday, as it looks to beef up its suite of applications catering to creative professionals. Dubbed Adobe Firefly Video Model, the artificial intelligence tool will be released in beta and will … Read more
An elderly farmer seen at his paddy fields in Meiwa, Gunma prefecture, Japan,on August 7, 2024. — Reuters During the first half of 2024, almost 40,000 people in Japan have died alone in their homes, the BBC reported citing the country’s National Police Agency. Among the dead, nearly 4,000 individuals were not discovered until more … Read more
ISLAMABAD: The federal government has released details of domestic and foreign debts up to June of this year. It has also shared a framework for the repayment of domestic and foreign debt over the next 16 years. According to the information presented by the Ministry of Finance in the National Assembly, by June of this … Read more
The federal government has released details of national and foreign debt up to June this year, as reported by the Ministry of Finance. The data was presented to the National Assembly. As of June this year, Pakistan’s domestic debt stood at Rs71 trillion, comprising over Rs47 trillion in domestic loans and more than Rs24 trillion … Read more
In Venice Film Festival premiere “The New Year That Never Came,” set during Nicolae Ceaușescu’s regime in Romania and debuting its exclusive trailer with Variety, no one can be trusted. Not even Santa Claus. “After all, he could be collaborating with Securitate [the secret police]! Maybe that’s the moral of this film: Always check Santa’s … Read more
Beekeepers handling the honeycomb frames at a bee farm. — AFP/File Beekeepers across France say it has been a disastrous year for honey, with bees starving to death and production plummeting by up to 80%. Mickael Isambert, a beekeeper in Saint-Ours-les-Roches in central France, lost 70% of his honey and had to feed his colonies … Read more
Apple Inc. will make the most expensive iPhone Pro and Pro Max models in India for the first time this year, a milestone for the US company and the Asian country’s manufacturing sector. Apple will export the bulk of the India-made Pro and Pro Max devices to Europe, the Middle East and the US as … Read more
A currency exchange dealer counting $100 bills. — AFP/File TOKYO: The dollar slipped to its lowest this year versus the euro on Wednesday as traders braced for potentially crucial revisions to US payrolls data later in the day, ahead of a speech by Federal Reserve Chair Jerome Powell at the end of the week. The … Read more