giant
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Boeing jetsam: Aerospace giant to issue thousands of layoff notices next month
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Boeing factory workers and supporters gather on a picket line near the entrance to a Boeing production facility in Renton, Washington, US on October 11, 2024. — Reuters Global aerospace company Boeing will start issuing 60-day notices to thousands of…
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‘Shipping giant to invest $2bn in Pakistan’
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A representational image of containers. — Reuters/File Ahead of his visit to Denmark, Minister for Maritime Affairs Qaiser Ahmed Sheikh on Saturday said that Danish shipping company Maersk will invest $2 billion in Pakistan’s port and transport infrastructure over the…
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State-owned housing finance giant cuts funding | The Express Tribune
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KARACHI: The House Building Finance Corporation (HBFC) has reportedly stopped providing subsidised housing and construction loans to the general public. According to the financial performance report of the state-owned housing finance giant till December 31, 2023, new financing has been…
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Saudi Arabia’s oil giant Aramco to invest in Pakistani company
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A view of the Saudi Aramco oil facility. — AFP/File ISLAMABAD: In a major development, Saudi Arabia’s oil giant Aramco on Tuesday signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd (GO), making its…
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UAE mineral giant eyes Pakistani mining venture | The Express Tribune
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KARACHI: The United Arab Emirate’s largest raw and value-added mineral supplier and importer, National Trust (NT), has entered into a memorandum of understanding (MoU) with a Pakistani firm to develop a strategic partnership with an investment of 30 million UAE…
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Swiss banking giant Credit Suisse reveals over $900m exposure to Russia
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Credit Suisse. Photo: AFP ZURICH: Swiss banking giant Credit Suisse said Thursday that its exposure to Russia totalled over $900 million at the end of last year, with “minimal” links to individuals sanctioned over the Ukraine war. Russia has…
