GENEVA ( PRESS RELEASE ) Union Bancaire Privée, UBP SA (“UBP”) saw profits excluding non-recurring items (operating income) rise significantly by 26.3%. Net profits reached CHF 176.4 million, demonstrating a marked improvement in the profitability of the Group, where the cost/income ratio was 67.9% (compared with 69.3% at the end of 2015).Read More →

KARACHI ( TARIQ REPORT ) LG Electronics (LG) has introduced a new kind of refrigerator, called Smart InstaView™ that’s embedded with an array of convenient features provided by Amazon’s Alexa Voice Service and powered by LG’s own webOS smart platform. Unveiled at CES 2017, LG’s new flagship Door-in-Door refrigerator featuresRead More →

ISLAMABAD ( BMZ REPORT ) 2017 could be the year that Artificial Intelligence, the Internet of Thingsand chatbots go truly mainstream.Telenor Group’s Research arm today publishes the key global Tech Trends identified for the coming year. 2016 was in many ways a precursor for what Telenor Research believes will continueRead More →

Enterprise Private Cloud Total Cost of Ownership (TCO) model forecasts a minimum of 25 percent savings – over five years – on overall IT costs for large enterprises that adopt a private cloud versus a  legacy IT environment; break-even in less than three years Analysis applies to OpenStack®-based private clouds,Read More →

ISLAMABAD ( MEDIA REPORT ) Samsung reported its operating profit in Q4 2016 increased 50 per cent year-on-year to KRW9.22 trillion ($7.84 billion), as record sales in its memory and display panel businesses offset the impact of a global recall and subsequent discontinuation of the Galaxy Note 7 smartphone. The company saidRead More →

ISLAMABAD ( BMZ REPORT ) JazzCash, Pakistan’s fastest growing mobile financial service, has partnered with ecommerce giant, Daraz.pk, in a bid to facilitate online shoppers with its convenient and secure financial services. “JazzCash recently claimed market leadership with 1.5 million active Mobile Accounts, a feat we have achieved through our innovativeRead More →