Uber posts $1 bn loss in Q1 on growing revenue
SAN FRANCISCO: Ride share giant Uber on Thursday reported a $1 billion loss in the first quarter of this year despite rising revenue and monthly users. In its first earnings report as a publicly traded company, Uber said revenue climbed 20 percent to $3.1 billion from the same quarter last year, but that it lost $1 billion. ?In the ...
Streaming services battle Netflix for Arab audiences
Streaming platforms Starz Play and Wavo have emerged in recent years as local competitors to Netflix, while giant Saudi-owned TV powerhouse MBC Group announced plans for original productions as well as the acquisition of international content to boost its streaming services Shahid and Shahid Plus. ?Adding these shows to our roster of licensed content during Ramadan gives our audiences ...
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 31 May 2019
These currency prices are provided by open market currency exchange dealers, and currency rates in Pakistan are updated four times every day to keep them fresh and relevant for users.
Latest Gold Rate For May 31, 2019 In Pakistan
, 31 May 2019 is being sold for Rs 59,842 per 10 grams in Pakistan, and price of Gold is Rs 69,800 per Tola in Pakistan today. Since the gold prices are different in every city of Pakistan, the rates can be checked for each of the city at Urdu Point. Below is the table providing latest gold rates for the cities ...
Win For Wall Street Dads As Chase To Pay $5 Mn For Parental Leave Discrimination
New York, (UrduPoint / Pakistan Point News - 31st May, 2019 ):Wall Street fathers won a major victory on Thursday, with JPMorgan Chase agreeing to pay $5 million to male employees who felt discriminated against over parental leave. Derek Rotondo, an employee who became a father, was the first to raise the issue, accusing the bank of not granting ...
Win for Wall Street dads as Chase to pay $5 mn for parental leave discrimination
?I?m proud that since I filed my charge, Chase has clarified its policy to ensure that both male and female employees who wish to be the primary parental caregiver have equal access to those benefits.? Rotondo says that he tried to take 14 weeks of parental leave as a ?primary caregiver? after his son was born, but the human resources ...
OPPO unveils new brand identity by launching Reno series
OPPO partnered with world-renowned designer Eddie Opara of Pentagram, New York. While OPPO has reinforced its commitment towards a more costumer centric approach, OPPO plans to translate its ideology in the up and coming RENO series. From this point on, there is no looking back.OPPO aims to provide the best of both alongside providing the best phones throughunique designs, ...
UBL donates to worthy causes
These included the Abdul Sattar Edhi Foundation in Karachi for the expansion of their Bilquis Edhi Hospital to 100 beds, the Shaukat Khanum Memorial Cancer Hospital for an MRI Room in their under-construction Karachi hospital, the SOS Children?s Village for construction of an auditorium and science lab in their Khairpur School Project and to the National Institute of Child ...
Realme unveils 2 new products
Realme 3 Pro comes in 2 variants; 4 GB RAM + 64 GB ROM at PKR 35,499/- and 6GB RAM +128GB ROM at PKR 39,999/-in two exquisite colours Nitro Blue and Lightning Purple. Realme C22 3GB RAM + 32GB ROM at PKR 20,999/-, in two exquisite colours, Diamond Black and Diamond Blue.The phone goes on sale on May 30, 2019 on www.daraz.pk from 3 PM onwards.
Jazz automated self-care services via WhatsApp
Talking about this industry first move, Sadia Khuram, Chief Customer Experience Officer (CCEO) at Jazz said, ?In keeping with evolving habits of our customers in the digital space, Jazz is committed to providing friction-free and effortless services to its customers, and is proud to announce the launch of WhatsApp as a social support channel for its valued customers.? In the ...
Daraz improving lives this Ramazan
LAHORE (PR): Daraz, Pakistan?s leading online retailer, extends its Asaan Zakat campaign, and continues its commitment to improving the lives of those less privileged by taking multiple initiatives this Ramazan under the umbrella of ?Daraz Cares?. Some of them include Daraz?s Care Boxes, Employee Volunteer Program and Asaan Zakat along collection of zakat for different NGOs on Daraz?s platform. ...
Tecno joins hands with Khubaib Foundation
LAHORE (PR) Smartphone giant Tecno, which is the official partner of the Manchester City football team, just initiated its biggest CSR project in Pakistan titled “Tecno Blue Chalk”. The mobile company has joined hands with Khubaib Foundation, a local children’s welfare organization to help deliver quality education to orphans. The event marking Tecno’s collaboration with Khubaib was held at the foundation’s ...
BOP announces results
LAHORE? (PR)? A meeting of the Board of Directors of The Bank of Punjab was held on May 29, 2019 to consider and approve the un-audited financial statements for the 1st quarter of year ended March 31, 2019. During 1st quarter of the year 2019, the Bank posted before tax profit of Rs. Similarly, the Earnings per Share (EPS) ...
SNGPL conducts successful raid at factory
LAHORE?? (PR)?? SNGPL?s UFG section has conducted a successful raid at Sartaj Ice factory near main GT road and disconnected direct bypass from site. During the raid, consumers, Salman Riaz and Mian Haroon offered severe resistance but SNGPL team stood firm against the resistance and successfully managed to curb menace of gas theft.
Senate body seeks viewpoint from finance ministry
The Senate Standing Committee on Finance, Revenue and Economic Affairs in its meeting on Thursday reviewed Private Member Bills referred to it by the House. While taking up the Private Members Bill titled the Constitution (Amendment) Act, 2019 introduced by Senator Sherry Rehman, the Committee agreed to the Secretary Finance request for more time to review the Bill. Chairman ...
Stock exchange witnesses bullish trend
The three top traded companies were Bank of Punjab with a volume of 25.4 million and its price per share decreased by Rs 0.04 to close at Rs 11.21, followed by MLCF with a volume of 14.18 million and its price per share also decreased by Rs 0.14 to close at Rs 24.08 and Unity with a volume of ...
Further hike in power tariff not acceptable: ICCI
ISLAMABAD ? -? ? The Islamabad Chamber of Commerce & Industry (ICCI) has strongly rejected the 55 paisa per unit hike in allowed by NEPRA to all power distribution companies on account of fuel adjustment charges for April 2019 and termed it an unfavorable decision for the economy as it would further enhance the cost of doing business, ...
ECC gives approval for issuing Rs20b sovereign guarantee for investment in NIT’s fund
Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Dr Abdul Hafeez Shaikh chaired a meeting of the ECC of the Cabinet. In order to stabilize the stock market of the country, the ECC approved the proposal of Finance Division authorizing Government of Pakistan to issue sovereign guarantee amounting to Rs.20 billion for investment in National Investment Trust ...
Standard Chartered pioneers Trade AI Engine in partnership with IBM
Observer Report Singapore Standard Chartered has officially launched the Trade AI Engine, a joint solution developed in partnership with IBM to enhance the client experience in trade document processing through increased operational efficiency and strengthened operational control. ?As a market leader and major intermediary between buyers and sellers in the centre of global trade, we process more than 36 million ...
Chairman FBR urges traders to refrain from dealing in smuggled goods
Staff Reporter Islamabad The value of seizures of smuggled goods has registered an increase of 20% for the period July-April 2018-19 when compared to figures of corresponding period of previous year due to the stringent enforcement measures of Pakistan Customs against smuggling. Pakistan customs mobile squads is monitoring the major entry points/smuggling routes in the country, besides the information ...
