Lahore: Al Baraka Islamic Bank is introducing new Islamic financial products and opening up new branches in Pakistan to facilitate the consumers of Islamic products.
Karachi: The KSE-100 Index broke through the psychological 16,000 barrier and closed at an all time high of 16,102, up 1.8 percent on week-on-week basis.
Karachi: Bank Alfalah has announced that it will be supporting the Karachi School for Business & Leadership (KSBL) by donating Rs100 Million to the Karachi Education Initiative (KEI), which is the parent body of KSBL.
Karachi: MCB Bank will accept donations from its consumers for Pink Ribbon Campaign, a project of Women Empowerment Group, a statement issued from MCB said today.
Lahore: The Telecom sector has always been at the forefront of various social initiatives in Pakistan. Warid Telecom is one such company that has remained active in fulfilling its Corporate Social Responsibility.
London: State-rescued Royal Bank of Scotland on Friday posted a third-quarter net loss of £1.384 billion on massive accounting charges and warned it would likely face fines over the Libor rate-rigging scandal.
The News Tribe is the largest independent and bilingual (English, Urdu) news website in Pakistan, United States, United Kingdom, Middle East and EU with Scandinavian countries headquarters in United Kingdom with Office in Pakistan and United States.
Tokyo: Sharp Corp. said Thursday it would book a $5.6 billion annual net loss as it undergoes a painful restructuring, underscoring the increasingly bleak outlook for Japan’s hard-hit electronics sector.
London: Energy giant Royal Dutch Shell said on Thursday that net profits climbed by two percent to $7.139 billion (5.514 billion euros) in the third quarter, when the group faced weaker oil and gas prices.
Beijing: China’s manufacturing activity grew in October for the first time in three months, data showed Thursday, adding to hopes the economy is finally emerging from its recent slumber.