Thursday, August 13, 2020

World

Apple sued for iPhone Chargers

A lawsuit was filed in California against Apple accusing the company of forcing users to buy new iPhone chargers by launching updates specifically designed to prevent phones from interfacing with older chargers, prompting users to purchase new chargers.   According to...

ExxonMobil announces Two new discoveries offshore Guyana

ExxonMobil said on Wednesday it made two additional discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells, bringing the total number of discoveries on the Stabroek Block to 12. The discoveries build on the previously announced estimated recoverable resource...

Oil drilling giants smell 500 million barrels or equivalent in Pakistan’s deepwater

After a few fallow years, oil and gas drillers may be poised to unearth new reserves in the Asia-Pacific, according to energy consultant Wood Mackenzie Ltd.   Some of the world’s biggest explorers are drilling wildcat wells in places like Pakistan,...

ExxonMobil Earns $20.8 Billion in 2018; $6 Billion in Fourth Quarter

Exxon Mobil Corporation on Friday announced estimated 2018 earnings of $20.8 billion, or $4.88 per share assuming dilution, compared with $19.7 billion a year earlier. Excluding U.S. tax reform and asset impairments, earnings were $21 billion, compared with $15.3...

US telecom giant announces moratorium on deployment of “fake 5G”

Global telecom operators are in a rush to develop 5G, but some operators have fallen into the "fake 5G" storm. Reports revealed that Verizon, the largest telecom operator in the United States, has announced to suspend 5G service in...

Google Plus to start closing from February 4

Google has decided to take some important measures to close the " Google plus " service, as the company said that users of the application will not be able to create any new pages or events or personal accounts,...

Apple blocks application used by Facebook to collect user data

Facebook had problems with Apple over a controversial data collection application used by the social network for market research, and this could affect Facebook's ability to test other applications internally.   Facebook paid people aged 13 to 35 to $ 20...

Facebook now has 7 million advertisers

Facebook stumbled from one affair to the next last year. Only on Wednesday there was again a controversy over the handling of the company with data, which also escalated a long-smoldering dispute with the electronics company Apple further. But...

Google redesigning the application of “GM Mail” on smart phones

Google has begun redesigning the Gmail application, officially on smart phones, to support a number of new features that make it easier to use. The redesign of the application on Android and iOS brings a lot of features to the...

World’s top ten kings of Black gold

Venezuela have about 1.4 trillion barrels, the largest oil reserves in the world.  Venezuela is one of the richest countries in terms of oil resources, and the crude oil, more than 90% of the country's export earnings. Five Arab countries...

Latest News

All 15 BMGians elected unopposed in KCCI’s Election 2020-22

All candidates of Businessmen Group (BMG) have been elected unopposed for the Managing Committee of Karachi Chamber of Commerce...

Mastercard partners Faysal Bank to expand digital payments in Pakistan

Mastercard has expanded on its existing strong partnership with Faysal Bank through an agreement that will further support the digitization of the payments infrastructure...

New Zealand reimposed lockdown in Auckland after first local Coronavirus case in 102 days

New Zealand announced on Tuesday that it would close its largest city, Auckland, after discovering four new cases of Covid-19 in the city, the...

Record Increase In Export Of Fruits & Vegetables Despite Coronavirus Global Pandemic

Pakistan has registered record enhancement in export of fruits & vegetables despite coronavirus global pandemic. The Financial year 2019-20 has witnessed an overall increase...

K-Electric successfully closes PKR 25 Billion Sukuk, the largest ever Sukuk issue in Pakistan’s private sector!

August 10th, 2020: K-Electric (KE) is pleased to announce the successful closure of its PKR 25 billion Sukuk which is the largest Sukuk issue...