In Pakistan, delay is not a flaw in the system-it is the system. Files do not move slowly by accident; they move slowly because movement has a price. Time, in this economy, is not neutral. It is monetised, negotiated, and often weaponised. What looks like inefficiency is, in reality, a parallel economy where waiting generates […]
profits
Banijay profits rise 10% on strong gaming performance
PARIS: French media and entertainment group Banijay reported a 10% increase in nine-month profits on Thursday, driven primarily by its gaming division, as the company prepares to finalize a major acquisition that will double its betting operations. The group, known for producing TV shows such as Big Brother and owning the betting platform Betclic, posted […]
Walmart Q1 profits fall 32pc as pandemic sales growth slows
New York: Walmart reported a drop in first-quarter profits Tuesday with pandemic-related sales growth moderating somewhat, but shares rallied as the results still topped expectations. Profits in the quarter ending April 30 came in at $2.7 billion, down 32 percent from the year-ago period. Revenues were $138.3 billion, up three percent. The world’s biggest retailer, […]