takeovers – SindhTribune.com

Illegal takeovers and declining financial performance push investors away

April 28, 2025

U.S. and Iran to resume nuclear talks amid clashing red lines
U.S. Secret of State Marco Rubio said on Tuesday that Washington is working to reach an accord that would allow Iran to have a civil nuclear energy program but not enrich uranium, while admitting that achieving such a deal “will not be easy”. Supreme Leader Ayatollah Ali Khamenei, who has the last say on Iran‘s…
UBL makes KIA Picanto ownership reality
KARACHI: The United Bank Limited (UBL) has introduced a new auto financing scheme, branded as UBL Drive, aimed at making car ownership more accessible and affordable for its customers. This offer specifically targets the KIA Picanto 1.0 AT, allowing buyers to purchase the vehicle with low upfront payment and convenient monthly installments.The initiative is part…
Pakistan denies airspace access to Kashmir-bound flight caught in storm
On The Ground newsletter: Get a weekly dispatch from our international correspondents Get a weekly dispatch from our international correspondents Get a weekly international news dispatch Pakistan reportedly rejected an Indian commercial flight crew’s request to enter its airspace to avoid turbulence after the aircraft was caught in a storm. The IndiGo flight from New…
Indonesia appoints controversial ex-general to run customs authority
JAKARTA — Indonesia’s Ministry of Finance has appointed several new high-ranking officials, including a controversial former lieutenant general to lead its Directorate General of Customs and Excise. Djaka Budhi Utama, whose early retirement from the milit was finalized last week, will replace longtime bureaucrat Askolani, who has been reassigned to the Directorate General of Fiscal…
Police arrest third woman accused of helping escaped Louisiana convicts
Louisiana State Police arrested a 59-year-old woman for allegedly helping 10 inmates break out of Orleans Parish Jail last week, the third woman arrested in connection with assisting the escape. Connie Weeden, a 59-year-old from Slidell, was arrested and charged with one count of being an accessory after the fact for allegedly “assisting the fugitives”…
Ministry of Interior approves deployment of Army for T20 series
LAHORE: The Federal Ministry of Interior has approved the deployment of Pakistan Army and Civil Armed Forces to ensure security arrangements for the upcoming T20 cricket series between Pakistan and Bangladesh. According to ministry sources, the deployment will be for security and protection duties. The Pakistan Army will be deployed under Article 245 of the…
Nissan weighs selling head office to cover restructuring costs
TOKYO — Nissan Motor is considering selling its headquarters in Yokohama, south of Tokyo, in addition to cutting seven of its 17 global factories, Nikkei has learned. The headquarters is estimated to be worth over 100 billion yen ($698 million), according to a local real estate agency. Nissan would use the money to cover the…
Kim Kardashian and the world await the fate of the ‘grandpa robbers’ accused of stealing her jewels
The alleged “grandpa robbers” accused of stealing millions of dollars of Kim Kardashian’s jewelry could receive a verdict Friday at the end of their month-long trial, with French prosecutors asking for up to 10 years’ jailtime. Nine men and one woman are accused of planning and carrying out the armed robbery at Paris Fashion Week…
Junaid Family Foundation signs LoC with Gates Foundation & UNICEF to advance maternal health
ISLAMABAD/WASHINGTON: Junaid Family Foundation has signed a landmark Letter of Cooperation (LoC) with the Gates Foundation and UNICEF to strengthen collaboration on the promotion and scale-up of Multiple Micronutrient Supplementation (MMS) for women in Pakistan, with a particular focus on maternal and newborn health. Though Pakistan is already a global leader in scaling up MMS,…