Tue, 21-Oct-2025

At a valuation of almost $6 billion, Klarna is to raise further capital

Klarna

Klarna Bank AB is nearing a deal to raise fresh capital. At a valuation of about $6 billion from existing investors led by Sequoia Capital. The financing round is yet to be finalized. If successfully completed would represent a stunning decline in the valuation of Klarna. Swedish installments firm Klarna Bank AB is approaching an … Read more

Govt urged to withdraw increase in property valuation

LCCI

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to withdraw the recent increase in property valuation, a statement said. LCCI president Mian Nauman Kabir said that there is a need to take business-related decisions after due consultation with the stakeholders. The Federal Board of Revenue (FBR) decision would affect not … Read more

Govt focusing on timely completion of privatisation plan: minister

Govt privatisation

ISLAMABAD: The government is focusing on the completion of the privatisation programme in the stipulated time, an official said. Chairing a meeting of the Privatisation Board, Federal Minister for Privatisation Muhamamdmian Soomro said that the issues regarding the privatisation of the state-owned entities were being jointly resolved by various departments and divisions. The board recommended … Read more