Luxury handbag maker Mulberry has received a takeover approach from Mike Ashley’s Frasers Group. The offer values Mulberry, which has seen sales fall sharply following a downturn in the luxury sector, at £83m. Frasers Group, which owns several chains including Sports Direct, Flannels and Evans Cycles, already holds a 37% stake in the firm. Its […]
New Delhi: China’s PC shipments (including desktops, notebooks and workstations) fell by 6 per cent (year-on-year) to 9.1 million in the April-June quarter as weak demand continued. The country’s PC shipments declined by 6 per cent in Q2, with the consumer and commercial sectors falling by 3 per cent and 9 per cent, respectively, as per […]
Democratic presidential candidate Vice President Kamala Harris and her husband, Doug Emhoff, stop at a Sheetz gas station in Coraopolis, Pennsylvania, on Aug. 18, 2024. Angela Weiss | AFP | Getty Images As she unveiled her most detailed economic plan yet this week, Democratic presidential nominee Kamala Harris pledged to fight price gouging in order […]
Finance Minister Muhammad Aurangzeb has said that the number of tax filers in Pakistan has doubled over the past year, with 723,000 new individuals added to the tax net. Speaking at a press conference in Islamabad, the minister confirmed that the total number of tax filers in the country has risen from 1.6 million to […]
The twin cities of Noida and Gurugram have done exceptionally well in terms of infrastructure development. NCR remains the only market in the September quarter where new launches have exceeded sales. Written by Sanju Bhadana: The national capital region (NCR) has recorded a significant growth in new property launches in the past one year. This […]
NEW DELHI: Fabless chip company L&T Semiconductor Technologies expects manufacturing of semiconductor products designed by it to start in the next two years, a top company official said. While speaking to PTI, L&T Semiconductor Technologies CEO Sandeep Kumar said the company will set up its chip manufacturing plants after achieving a threshold revenue in the […]
Getty Images A lot of us have been there, locked in a metal cylinder flying at more than 500mph (804km/h), gritting our teeth about the armrest the person to the left is hogging. Or the person next to the window who keeps getting up to go to the toilet, or the person in front who […]
Gold prices in Pakistan declined on Saturday in line with their decrease in international rates. In the local market, the price of gold per tola was lessened by Rs700, clocking in at Rs276,000. Similarly, 10-gram gold was sold at Rs236,625 after it recorded a decrease of Rs601, according to rates shared by the All-Pakistan Gems […]
For investors looking to invest wisely, understanding the key differences between equity mutual funds and debt mutual funds is crucial. These two popular investment options cater to different financial goals, risk appetites, and time horizons. Whether you’re aiming for long-term wealth creation or seeking safer, short-term returns, knowing how these funds operate will help you […]
New Delhi: Dominance of fossil fuels in electricity generation in India will end by the end of the decade said Reserve Bank of India in its latest report. The report also noted that the renewable energy is expected to cross 50 per cent share in electricity generation globally. It added that the energy transition has […]