B & B

It appears that the Samsung Galaxy Note 3 release date in the United States is not over and that it will be bringing a bit of a surprise along with it as a Verizon Galaxy Note 3 Developer Edition release is apparently coming soon, according to Samsung. Yesterday, after a lengthy pre-order, Verizon finally released the Samsung Galaxy Note 3 and Galaxy Gear to its millions of customers around the United States. The device, which arrived early for those that pre-ordered, joins...

DUBAI: Pakistan Telecommunication Co (PTCL), a unit of UAE's Etisalat, has submitted a takeover bid for rival mobile operator Warid Telecom, according to a filing with the Karachi stock exchange. PTCL made the offer to acquire 100 per cent of Warid on Sept. 30 and it is valid for 30 days, the statement said, without giving the price offered or PTCL's plans for the company. Reuters reported in June that Warid had been put on the block in a sale likely to fetch up to $1 billion. The sector...

WHY is the Pakistani currency depreciating so rapidly vis-à-vis foreign currencies? How can this trend be arrested? What is the future outlook for Pakistan’s currency? These questions must be addressed in a dispassionate manner. Economic theory has many explanations for relative currency movements....