DUBLIN: Wonga would close its Dublin office by the middle of next year as part of a cost-cutting programme.
The provider of controversial, short-term loans charged at high interest rates would cut 325 jobs as it seeks to reorganise its business in the face of tighter regulation.
Wonga’s loans can currently carry an APR of up to 1,509% but Britain’s Financial Conduct Authority has moved to cap that at a much lower level.
ISLAMABAD: Five of Pakistan’s largest oil refineries on Thursday warned that increasing smuggling of petroleum products is threatening refinery operations...
ISLAMABAD: The federal government has fully utilised a $1.2 billion oil facility from the Kingdom of Saudi Arabia (KSA), with...
ISLAMABAD: The Federal Board of Revenue has imposed penalties worth Rs2.7 billion on Gerry’s Dnata after adjudication orders found the...
LAHORE: Punjab recorded the highest growth in sales tax collection on services among all provinces during the first nine months...
