BYD Pakistan Assembly Plant Delayed as Gharo Facility Misses Original Launch Deadline
Chinese electric vehicle giant BYD’s planned assembly plant in Pakistan has missed its original operational deadline, delaying the start of local vehicle production at the company’s facility in Gharo, Sindh. The $150 million project, developed in partnership with Mega Motor Company (MMC), was initially expected to become operational during the first half of fiscal year […]
Nike Drops Out of the S&P 100 After 18 Years as Market Position Shifts
Nike, one of the world’s most recognizable sportswear brands, has exited the S&P 100 after 18 years, marking a notable change in the company’s position among America’s largest publicly traded businesses. The development highlights the changing dynamics of the U.S. stock market and comes during a period in which Nike has been working to strengthen […]