NEW YORK: The two largest food companies of the United States have decided to merge and become North America’s third biggest company.
According to the official statement, Heinz and Kraft are going to merge as Buffett. Heinz’s current shareholders will retain a 51 percent stake in the new Kraft Heinz Company, and Heinz’s controlling shareholders, US billionaire Warren Buffet and 3G Capital of Brazil, will reinvest $10 billion dollars in the new group, the statement added.
ISLAMABAD: The Power Division has introduced a new and simplified electricity bill format across the country to improve consumer convenience,...
ISLAMABAD: The Federal Constitutional Court has held that Section 7E of the Income Tax Ordinance, 2001, was effectively illusory and...
LAHORE: The Punjab government has proposed an increase in sales tax on restaurant payments made through digital channels under the...
ISLAMABAD: Advisor to the Finance Minister, Khurram Schehzad said on Wednesday that Pakistan’s information technology sector achieved a record export...
