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Key PointsThe company is paying $400 million in stock to acquire Tazapay.
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KARACHI: Although the situation in the Middle East remained tense amid persistent supply disruptions due to attacks on ships, the Pakistan Stock Exchange (PSX) managed to break its four-session losing streak on Friday.
KARACHI: Consumers are facing a tough year as the Sensitive Price Index (SPI) rose 8.62 per cent year-on-year for the week ending on Sept 10, with a major contribution from costly onion and petroleum products, according to data released by the Pakistan Bureau of Statistics on Friday.
The Ceylon Motor Traders’ Association (CMTA), established in 1919 is the most senior automotive association in Sri Lanka affiliated with the Ceylon Chamber of Commerce, is calling for greater…
As diesel crosses $6, so does the risk that soaring energy costs will start hurting far beyond gas pumps.
India and Russia agreed to expand industrial collaboration across manufacturing and critical minerals. They aim to reach a $100 billion bilateral trade target by the year 2030.
Core CPI m/m came in at +0.3% vs. +0.2% consensus. Figure 1: Core CPI month-on-month inflation (blue), Bloomberg consensus (light blue square). Source: BLS. CME Fedwatch raised the odds of a 25 bps increase in the Fed funds rate from 72.4% to 86.5% (which is up from a week ago at 59.4%).
