Tue, 21-Oct-2025

Unilever eyes GSK’s consumer goods arm in possible £50 billion deal

GSK

LONDON: Consumer goods giant Unilever said that it had approached Glaxosmithkline (GSK.L) about buying the pharmaceutical group’s consumer goods arm, after a newspaper reported that a £50 billion ($68.4 billion) bid it made had been rebuffed, Reuters reported. Unilever, which has been under fire from some investors for the group’s underperforming share price, confirmed the approach … Read more

Pakistan stocks remain bullish; KSE-100 Index gains 806.65 points

Pakistan Stocks Exchange

KARACHI: The Pakistan stocks rebounded on Tuesday, as the rupee finally managed to recover against the dollar after an entire week of losses coupled with an absence of uncertainty on the political front, dealers said. Ahsan Mehanti at Arif Habib Corporation said that the stocks showed sharp recovery led by scrips across-the-board on robust data … Read more