Business

Will pay 22% premium to iRobot’s stock price of $49.99

Expects to recoup losses over the course of year

Weekly increases have mostly been in the single digits

It was up about 0.2% just before the release of the US Labour Department’s employment report

Unions in Norway and Sweden said a majority of their members also backed the deal

Digitisation of process will facilitate general public, bring efficiency

Reforms underway to improve linkage between capital markets, real economy

Benchmark KSE-100 index gains 1,946 points to settle at 42,096

Salinity compounds water stress, threatens food security

Farmers demand subsidy, reduction in prices of di-ammonium phosphate

Says special permission for release of consignments from ports will send wrong signals

Move came after income of CDNS surged from debt securities

Simple-cycle operations of RLNG-based turbines begin

Minister attributes rupee improvement ban on luxury imports, ‘market factors’

The benchmark has lost 0.6% this week

Suzuki had an order backlog of about 200,000 vehicles in Japan as of the end of June

Reduces cash margin to 25% for import payments

Workshops organised by NEPRA to create awareness among industry players

Underscores need for enhancing business-to-business exchanges

Says high paper cost has made textbooks, copies unaffordable for students

Assistance will be provided to investors for boosting exports of marble, granite products

Acting governor rules out knee-jerk reaction to inflation shock

Gains another 0.94% to stand at Rs224.04 against US dollar

Insists govt has steered country away from default on payments

Market rattled by worries recession can hit fuel demand

Wapda requests Nepra to help meet revenue target

Decision will give jolt of Rs42b to new budget

Rupee fall, spectrum price pegged to dollar drive down industry earnings

Recovers 1.17% to Rs226.15 vs dollar amid positive outlook

Expect up to 2m tons of surplus output next season

Decline came due to external debt and other payments

Listing will allow real estate investment trusts to raise financing for projects

Pakistan fails to empower debt office, harmonise sales tax laws and procedures

In new policy, market forces will determine margins of OMCs and refineries

OPEC+ says it will raise oil output target by just 100,000 bpd

Its net profit for the second quarter reached $8.6 billion

President Erdogan vows prices will start falling again at beginning of next year

Believes bilateral trade can be increased to $40 billion

The MoU signing ceremony was held at the chamber house

London nudged higher on the eve of a widely expected half point interest rate hike in Britain

Rate of return inches down to around 14% on long-term bonds

World Bank funding business process automation project

Businessmen emphasise time for bringing export proceeds be reduced to 40 days

Governor hopes currency will touch real value in 2-3 months

Researcher says tea plantation can be promoted through cooperative farming, subsidies

Every 5 MHz sale may fetch around $96m; licence will be for a period of 10 years

Coral Energy won tenders to sell eight fuel oil cargoes to PSO during April-August

It comes after strict curbs on imports that fall over $3 billion in July

Political observers divided over consequences for party

Asks IT ministry to develop dashboard for the purpose