Report projects earnings to annual 21% amidst stable macros and lower interest rates Pakistan is seeing a massive growth in car sales. In 2020, car sales amounted to 184,099 units in 10 months with Indus Motor’s share being 52,987. PHOTO: IMC/Filw KARACHI: In a significant shift for the Pakistani automotive landscape, industry experts are projecting…
D3sign | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Market data firms have been pitching artificial intelligence as the key to locating elusive ultra-high-net-worth clients. But…
A pharmacist displays a box of Wegovy pills at a pharmacy in Provo, Utah, Jan. 15, 2026. George Frey | Bloomberg | Getty Images The future of the booming obesity drug market won’t hinge on drugs that deliver greater weight loss alone. Top executives from drugmakers big and small told CNBC that the next phase…
Near expansive aisles of home improvement supplies, some of Lowe’s tiniest shoppers worked this Saturday on do-it-yourself projects of their own. The children, some as young as 3, sported miniature versions of the retailer’s signature red aprons while hammering together washing machine-themed piggy banks at the retailer’s kids’ workshop at the company’s store in North…
Both sides discussed projects connecting Pakistan to Central Asia via rail, potential economic, trade benefits Minister to upgrade passenger train booking, fully digitize freight booking to boost efficiency and cut interference. PHOTO: FILE ISLAMABAD: A high-level consultation was held at the Ministry of Railways between the Federal Minister for Railways and the Ambassador of Kazakhstan,…
Employees work on Buick Envision SUVs at General Motors’ Dong Yue assembly plant, officially known as SAIC-GM Dong Yue Motors Co., Ltd., in Yantai, Shandong Province, China, Nov. 17, 2022. Tang Ke | Visual China Group | Getty Images DETROIT — General Motors plans to move production of a Buick compact SUV from China to…
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines is in talks with alternative investment firm Castlelake for a potential takeover as the discount airline looks for a path out…
Procter & Gamble on Thursday reported mixed quarterly results as demand for its Gillette razors and Pampers diapers fell. The company also tweaked its earnings outlook for fiscal 2026. P&G now expects net earnings per share growth in the range of 1% to 6%, down from its prior forecast of 3% to 9%. The company…
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Ultra rich families are increasingly using their personal investment firms to bring millennial and Generation Z heirs into the fold. In a tough…
In 2006-07, a 1 percent withholding tax was imposed on commercial imports of gold in the country. Photo: Express News Gold and silver prices declined in both international and domestic markets on Thursday. In the international bullion market, the price of gold fell by $8 per ounce to $4,832. After the decline in the global…