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Starbucks Suspends Outlook as New CEO Aims for Turnaround Amid Weak Demand

New York, October 22, 2024 — Starbucks Corp (SBUX.O) has suspended its financial forecast for the upcoming fiscal year as its newly appointed CEO, Brian Niccol, seeks to overhaul the coffee giant’s strategy amid declining demand for its premium beverages. The company also reported preliminary results for its fourth quarter, revealing declines in same-store sales,…

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Qatar

Pak-Qatar Group and IFMP Collaborate to Boost Islamic Financial Expertise

Karachi, October 22 2024 – Pak-Qatar Group (PQG), Pakistan’s premier and pioneer Islamic financial services group, has entered into a strategic partnership with the Institute of Financial Markets of Pakistan (IFMP) by signing a Memorandum of Understanding (MoU). This collaboration aims to develop the skills and knowledge in Takaful and Islamic financial services, ensuring alignment…

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Dubai

Codebase technologies and abhi join forces to combat global financial exclusion

Dubai, October 16, 2024: Codebase Technologies is proud to announce its strategic partnership with Abhi, a leading financial wellness platform in the MENAP region, to introduce innovative Earned Wage Access (EWA) solutions across multiple geographies through Codebase Technologies’ Digibanc platform. This collaboration signifies a major milestone in advancing global financial inclusion, offering businesses cutting-edge tools…

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Turkey

President Zardari advocates for enhanced railroad connectivity with Turkiye

Ashgabat, October 11, 2024: During a pivotal meeting with Numan Kurtulmus, Speaker of the Turkish Parliament, President Asif Ali Zardari emphasized the importance of improving railroad connectivity between Pakistan and Turkiye as a means to enhance trade, economic cooperation, and people-to-people contacts. The discussion took place on the sidelines of the International Forum on “Interrelation…

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SCO

SCO Summit to boost business opportunities

Islamabad, October 11, 2024: In a meeting held today in Islamabad, Barrister Danyal Chaudhry, Parliamentary Secretary on Information and Broadcasting, expressed optimism about the upcoming Shanghai Cooperation Organization (SCO) summit, highlighting its potential to strengthen business ties between China and Pakistan. The meeting included representatives from the Pakistan Overseas Chinese Association and the China-Pakistan Youth…

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