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Fitch assigns Pakistan’s proposed dollar bond ‘B-‘ rating

1 September 2026 at 13:35

KARACHI: Fitch Ratings has assigned a ‘B-‘ rating to Pakistan’s proposed U.S. dollar-denominated bond, with a Recovery Rating of ‘RR4,’ the ratings agency announced. Pakistan plans to use proceeds from the bond for general budgetary and sovereign financing purposes, according to Fitch. The bond rating is aligned with Pakistan’s Long-Term Foreign-Currency Issuer Default Rating, while ... Read more

The post Fitch assigns Pakistan’s proposed dollar bond ‘B-‘ rating appeared first on BOL News.

Tim Cook steps down as Apple CEO after 15 years

1 September 2026 at 11:59

Tim Cook moves to executive chairman as John Ternus takes the CEO role, putting Apple under new leadership at a crucial moment for artificial intelligence.

The post Tim Cook steps down as Apple CEO after 15 years appeared first on BOL News.

FBR collects Rs1.722 trillion in first two months of fiscal year surpassing target

1 September 2026 at 11:44

ISLAMABAD: Pakistan’s Federal Board of Revenue collected Rs 1.722 trillion in taxes during July and August, the first two months of the current fiscal year, exceeding its target of Rs 1.710 trillion by Rs 12 billion, according to FBR sources. The result came despite slowing revenue growth and a decline in income tax receipts. A ... Read more

The post FBR collects Rs1.722 trillion in first two months of fiscal year surpassing target appeared first on BOL News.

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