Tim Martin: Wetherspoon boss knighted in New Year Honours
The pub chain founder and Brexit campaigner is recognised for services to hospitality and culture. Source link
Category: Business
‘Extortion plaguing Karachi industries’ | The Express Tribune
KARACHI: Businesspeople have expressed grave concerns and fretted about rising extortion slips and the targeted killing of traders, demanding that the government and law enforcement agencies take action against criminals spreading terror in north Karachi, Kharadar, Mithadar, Korangi, and other areas. Speaking to The Express Tribune, they highlighted that those running Small and Medium-sized Enterprises…
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Petrol price expected to decrease once again in Pakistan – SUCH TV
In a welcome development for Pakistani citizens grappling with inflation, the government is poised to introduce further relief for petroleum consumers. There is an anticipated reduction of Rs1.72 per litre in Pakistan’s petrol price in the upcoming fortnightly pricing update. Conversely, High-Speed Diesel (HSD) in Pakistan is expected to see a modest increase of approximately…
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RBI Expands Card Tokenization To Internet And Mobile Banking: Check
New Delhi: In a move towards enhancing digital security, the Reserve Bank of India (RBI) has expanded the scope of tokenization for debit and credit cards. Previously limited to merchant applications or websites, individuals can now tokenize their cards conveniently through the Internet and mobile banking services. The RBI has permitted the use of Card-on-File…
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Figma’s C.E.O. Laments Demise of $20 Billion Deal With Adobe
Among the several deals that have fallen apart recently, Adobe’s $20 billion takeover of Figma, an upstart design software maker, is among the most instructive. The companies had promised it was a way to “usher in a new era of collaborative creativity,” but regulators in three jurisdictions saw it as an unacceptable effort by a…
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Infosys salary hikes announced ahead of holiday season; here’s the likely average hike – Times of India
Infosys, the second largest IT services company in India, has brought some holiday cheer to its employees by announcing salary revisions. This move comes as a much-needed morale booster for the information technology sector, which has been grappling with sluggish demand for technology services worldwide.According to sources quoted by ET, the salary revisions, which are…
Driverless car firm Cruise to cut 900 jobs
In one incident from August 2023, the self-driving car hit someone at 1.4mph, while in the other incident, from October, the driverless car dragged a woman who had been thrown into its path after getting hit by another car, which was being driven by a person. Source link
Saudi Aramco to buy 40% stake in major Pakistani oil company | The Express Tribune
KARACHI: Saudi Arabia’s Aramco Tuesday signed an agreement to acquire a 40% equity stake in a Pakistani gas and oil company, said a statement from the Saudi company. Aramco Executive Vice President of Products & Customers Yasser Mufti, Chief Executive Officer of Lahore-based Gas & Oil Pakistan Ltd. (GO) Khalid Riaz signed the agreement. The…
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Petroleum products prices expected to witness a major reduction on December 16 – SUCH TV
Petrol and diesel prices in Pakistan are poised to experience a reduction in the upcoming week, with reports indicating a noteworthy decline. The anticipated decrease amounts to Rs13 per litre for petrol and an even more substantial reduction of Rs15 per litre for diesel, slated for implementation on December 16, pending approval in the fortnightly…
RBI Keeps Repo Rate Unchanged, Home Loan EMIs Likely to Remain The Same – News18
Last Updated: December 08, 2023, 10:08 IST RBI MPC Meeting December 2023: Reserve Bank of India (RBI) on Friday, December 8, kept repo rate unchanged, maintaining status quo on the previous policy. RBI Governor Shaktikanta Das said that the monetary policy committee has decided to keep repo rate at 6.5 per cent unanimously. With RBI…
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