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: The National Electric Power Regulatory Authority (Nepra) has approved Rs2.37 per unit hike in electricity tariff under the monthly...
ISLAMABAD: Ambassador of the Republic of Türkiye to Pakistan, Dr. İrfan Neziroğlu, has called for transforming the longstanding brotherly relations...
GILGIT: Gilgit-Baltistan Chief Minister Amjad Hussain Azar has launched an online registration system allowing local traders to apply for tax...
ISLAMABAD: The threat of artificial intelligence (AI)-powered cyberattacks against Pakistan’s financial institutions and critical infrastructure is increasing, prompting the National...
