Business

This category covers all news related Business & Finance

Huawei OceanStor Pacific Achieves Top Rankings in Gartner® 2023 Report

Shenzhen, Huawei OceanStor Pacific has achieved significant recognition in the 2023 Critical Capabilities for Distributed File Systems and Object Storage report by Gartner. Huawei's storage product ranked highest in 5 out of 7 Use Cases, marking a nota...

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VIS Revises Outlook for International Industries Limited to Stable, Maintains Ratings

Karachi, VIS Credit Rating Company Ltd. (VIS) has revised the rating outlook for International Industries Limited (IIL) from 'Rating Watch - Developing' to 'Stable', while maintaining its entity ratings at 'AA-/A-1'. This revision reflects IIL's resili...

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PACRA Maintains Stable Ratings for Sapphire Fibres Limited Amid Textile Industry Volatility

Lahore, The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of Sapphire Fibres Limited, reflecting the company's strong business profile and its ability to manage volatility in the textile industry. Sapphire Fibres Limit...

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VIS Reaffirms Servo Motor Oil’s Ratings with Stable Outlook Amid Industry Challenges

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Servo Motor Oil (Private) Limited (SMOPL) at ‘BBB/A-2’, indicating adequate credit quality and good certainty of timely payment with a stable outlook. This rating ref...

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