Local startup exits tripled in 2022
KARACHI: In a major milestone for the Pakistani startup ecosystem, the country witnessed a significant increase in exits in 2022, with the number tripling compared to the total number in…
Quiet streets, cautious firms as China exits from zero-COVID
Anxieties created by the ‘zero-COVID’ regime could hinder the world’s second largest economy’s return to health BEIJING: Judging by Friday’s quiet streets in the heart of China’s capital and city…
Crypto exchange FTX files for bankruptcy as wunderkind CEO exits
LONDON: Crypto exchange FTX filed for US bankruptcy protection on Friday and its founder Sam Bankman-Fried resigned as chief executive, after the biggest blowup in the crypto industry drew calls…
Uber exits five cities including Karachi and Islamabad
Uber Technologies Inc will discontinue its ride-hailing services app in five cities including Karachi and Islamabad, the company said on Tuesday, in a move that will reduce market overlap between the…
Greece exits EU surveillance
ATHENS: Greece’s exit on Saturday from the European Union’s so-called enhanced surveillance framework for its economy ends 12 years of pain and allows the country greater freedom in policymaking, its…