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: Credit ratings agency S&P Global raised Pakistan's long-term sovereign credit rating to "B" from "B-" on Wednesday, citing stronger...
ISLAMABAD: The Federal Board of Revenue (FBR) has left customs duty concessions granted under Free Trade Agreements (FTAs) and Preferential...
KARACHI: Pakistan’s banking sector is expected to report lower earnings in the second quarter of 2026 as the impact of...
ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the Federal Board of Revenue (FBR) cannot use technical limitations of...
