Baluchistan Wheels Ltd, an auto-part maker listed on the Pakistan Stock Exchange( PSX). RMS Ltd aims

Sweden, to buy assault rifles and other handguns from the Finnish arms maker Sako Ltd, owned by Italy'

A buyback is usually an indication that the company likes its stock enough to buy it back. Some analysts believe the reduction in the volume of tradeable shares is bad for the stock market.... Now the repurchase can only be made through the stock exchange based on the prevailing share price.... This is different from the previously allowed method of a tender offer, which involved a company asking stockholders to sell its shares for a specific price at a predetermined time. Published in Dawn, S

leading tractor manufacturers of the country — Millat Tractors Ltd( MTL) and Al-Ghazi Tractors Ltd

deeper into a new treatment area. The New York vaccine and cancer drug maker said Tuesday it will use

LAHORE: The auto industry is facing a severe setback as the investments made are taking a hit due to supply chain disruptions and weak demand. Despite significant investments in the latest machinery and infrastructure, the underutilisation of resources is becoming a growing concern for the industry.“ Our efficiency got affected due to current economic conditions as vendors’ current capacity utilisation is between 60 to 70pc, ” said Haroon Arshad, Chief Executive Officer, Ravi Autos Sundar( Pvt)

Join our Whatsapp channel KARACHI: Pakistan Petroleum Ltd( PPL) on Friday announced its highest

Commerce and Industry Minister Piyush Goyal on Thursday appealed to steel makers for assessing

BEIJING: China will step up efforts to encourage its electric vehicle( EV) companies to accelerate their overseas development, said an official at the Industry and Information Technology Ministry, warning that the restrictive measures imposed by a “ certain country and region ” on Chinese EV will only undermine the interests of global consumers. The official made the remarks during an exclusive interview with the China Daily after the United States announced that it would investigate Chinese-mad

BEIJING: Chinese electric vehicle( EV) battery producer Envision AESC is looking to accelerate its expansion in Europe with an eye on growing its global market share while planning ahead for an anticipated boom in sales of new energy vehicles. Following plans announced in late June to build a US$ 2. 4bil( RM10bil) battery plant to supply French carmaker Renault in northern France, the Shanghai-based company declared in July it would make another investment of ￡423mil( US$ 576mil or RM2. 4bil) to