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ABL’s profit in 2021 drops by 5%
KARACHI: Allied Bank Limited on Thursday reported a 4.75% drop in annual net profit, due to an increase in markup net income.
In its statement to the Pakistan Stock Exchange (PSX), the bank announced a net profit of 17.503 billion…
6 ways the Russian-Ukrainian conflict could hurt your wallet
By Matt Egan, CNN BusinessThe Russian-Ukrainian crisis is unfolding thousands of miles from the nearest major US city. And yet, millions of American families would feel the economic consequences of full-scale conflict.This is because the…
Ottawa’s $5.2 billion Muskrat bailout includes more borrowing, restructuring as project nears…
A complex financial arrangement to provide relief to electricity users on the island part of Newfoundland and Labrador in the days of Muskrat Falls is one step closer to reality, although concrete details of the amount that customers will…
Carry BIG in a SMALL package
LAHORE: Volatile exchange rates, rising profit margins and a weakening rupee are major obstacles to harnessing the full potential of the Rs 20 trillion packaging industry, says Zaki Aijaz Qureshi ,…
The FTSE drops at the start of the session; British American Tobacco among a handful of risers
The FTSE 100 falls at the start of the transaction; British American Tobacco among a handful of risers
09:28 GMT - The FTSE 100 index fell 0.9% to 7603.93 in early trading, following wide declines in equities in…
Raising interest rates is fucking the workers
With inflation above 5% for the first time since the financial crisis, policymakers are perplexed. The orthodox response to high inflation is to…
City of Greater Sudbury staff want to borrow another $103 million
Links to the breadcrumb News Local News Better to borrow now, for future capital projects, than wait for interest rates to rise, says report to advisers Canadian Currency -- $100 Bills Photo by Photo file…
Bank of England calls for wage moderation to tame inflation
Bailey fears out-of-control inflation with no wage constraintThe pill indicates that further action is needed if wage pressure persistsThe BoE raised rates for the second consecutive meeting on ThursdayCentral bank predicts more likely…
What is most likely to cool the Toronto market right now?
A closer look at the most likely factors - although they remain to be seen.
UK housing market off to best start to year since 2005 | housing market
The UK housing market had its best start to a year since 2005, with annual house price growth reaching 11.2%, according to the UK's largest building society.Nationwide said the average house price hit £255,556 in January, the sixth…