Stocks held their ground and oil rose on Tuesday as investors weighed the stalemate in the Iran conflict, while the yen was steady after a hawkish split at the Bank of Japan underlined fears over the war’s impact on inflation. The United States was reviewing Tehran’s latest proposal to resolve the war, even as a […]
The special central court on Tuesday granted interim bail to Prime Minister Shehbaz Sharif’s daughter, Rabia Imran and son-in-law Imran Yousaf in a reference related to alleged corruption in the Punjab Power Development Company (PPDC). Judge Ashfaq Ahmed heard the interim bail applications and restrained the Federal Investigation Agency (FIA) from arresting them till May 7. Rabia […]
A trial that could help shape the future of artificial intelligence begins on Tuesday, with billionaires Elon Musk and Sam Altman at odds over the evolution of ChatGPT maker OpenAI from a nonprofit to a profit-seeking juggernaut worth hundreds of billions of dollars. Opening statements in Musk’s civil lawsuit against OpenAI and Altman will take […]
Finance Minister Muhammad Aurangzeb on Tuesday said Pakistan’s economic growth will be about four per cent this fiscal year while speaking at the EU-Pakistan High Level Business Forum in Islamabad, according to Radio Pakistan. He noted that this represents a significant improvement over the previous fiscal year, adding that the country has been consolidating gains […]
Gold prices fell by Rs8,900 on Tuesday in Pakistan as global markets experienced fluctuations and a downward trend amid US-Iran tensions and broader uncertainty across international markets. According to the All-Pakistan Gems and Jewellers Sarafa Association, following the decline, the price of gold per tola reached Rs485,062, while the price of 10 grams of gold […]
Chery, China’s largest car exporter, is taking inspiration from two very different automakers – Toyota and Tesla – as it pursues expansion in Europe and beyond, its top executive told Reuters. Chery is considering adding production capacity in Barcelona, Spain, where it has a joint venture. It is also looking for more opportunities to share […]
Oil prices edged up and stocks wavered on Tuesday as Donald Trump weighed an Iranian proposal that would reportedly reopen the Strait of Hormuz and end the eight-week-old war. Investors were also gearing up for key central bank meetings and earnings reports from Wall Street giants this week. Tehran was reported to have passed “written […]
Alphabet’s Google joined a growing list of technology firms to sign a deal with the US Department of Defence to use its artificial intelligence models for classified work, The Information reported on Tuesday, citing a person familiar with the matter. The agreement allows the Pentagon to use Google’s AI for “any lawful government purpose”, the […]
Pakistan Institute of Medical Sciences (PIMS) said on Tuesday that Pakistan Tehreek-e-Insaf (PTI) founder and former prime minister Imran Khan received a fourth dose of an intravitreal injection as part of his eye treatment. According to a statement, Imran was brought to PIMS for follow-up eye treatment on April 28. “Prior to the procedure, he […]
Russian President Vladimir Putin on Monday praised the Iranian people for battling to stay independent in the face of US and Israeli pressure and said Moscow would do all it could to help Tehran. Russia has offered to mediate to try to help restore calm to the Middle East following US and Israeli strikes, which Moscow has strongly […]