Month: September 2026

Prime Minister Shehbaz Sharif on Tuesday became the first Pakistani prime minister to open a trading session at the London Stock Exchange (LSE), where he also formally inaugurated Pakistan’s landmark $3 billion dual-tranche sovereign Eurobond. Addressing the ceremony at the LSE headquarters in Paternoster Square, PM Shehbaz said Pakistan had strengthened its macroeconomic indicators and was seeking to attract foreign investment. “We have strengthened our macroeconomic indicators, which are very promising and augur very well for the future,” he said. The ceremony was attended by London Stock Exchange Group CEO…

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Three Pakistani sailors were among five crew members killed during an operation by Somali security forces against pirates aboard the hijacked oil tanker Honour 25 off Somalia, according to surviving crew members. The Pakistani victims were identified as second officer Kashif Umar, third engineer Mahmood Ansari and oiler Rafiullah Khan. An Indian crew member identified as Tanveer and the vessel’s Myanmar chief engineer were also killed, according to the reports. Four other crew members were injured in the incident. They include second engineer Hussain Yousuf, fourth engineer Usman, Aqeel and…

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Saudi Crown Prince Mohammed bin Salman met UAE Vice President Sheikh Mansour bin Zayed Al Nahyan in Riyadh on Tuesday. Sheikh Mansour conveyed the greetings from President Sheikh Mohamed to the Crown Prince during the meeting, and Prince Mohammed reciprocated with his own best wishes. The two sides used the meeting to review the fraternal ties binding the UAE and Saudi Arabia as well as the latest developments across the region. Prince Khalid bin Salman, the Saudi Minister of Defence, attended the meeting alongside the Crown Prince, underscoring the significance…

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A UK probe into a suspected bomb plot at an airbase used by the United States was mired in confusion on Tuesday, after media reported that no explosives were detected in vehicles seized nearby. As armed guards maintained a cordon around a nearby village, Washington questioned the decision to release on bail five men arrested near Royal Air Force Fairford in southwest England. Three white vans were discovered near the base on Sunday and the men, all London-based Britons in their mid-20s, were detained. Armed police were also visible on…

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Advocate Supreme Court Muhammad Ahsan Bhoon has served a Rs5 billion legal notice on Captain (retd) Muhammad Safdar over an alleged statement questioning the authenticity of his LLB degree. The notice states that the alleged remarks, in which Bhoon’s degree was described as fake, were baseless, contrary to facts and defamatory. Bhoon has demanded that Safdar immediately withdraw the statement if he made any claim on September 23 about the absence of his degree record. Bhoon cites university verification According to the legal notice, Bhoon obtained his LLB degree from…

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Khyber Pakhtunkhwa Chief Minister Sohail Afridi on Tuesday inaugurated new hybrid buses, a Pink Bus service, the solarisation of the Chamkani depot and the Mall of Hayatabad depot for the Peshawar Bus Rapid Transit (BRT) system. A briefing given to the chief minister said the BRT carries about 250,000 passengers daily, 30 per cent of them women. It said the service cuts carbon dioxide emissions by 30,000 tonnes a year. The addition of 52 new buses takes the BRT fleet to 296. The briefing said the new buses would allow…

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McDonald’s is increasingly using artificial intelligence to guide menu prices across the US and some global markets, a plan that aims to boost headquarters’ profit but risks alienating customers and attracting antitrust scrutiny. One pricing factor supercharged by AI: an estimate of how much each store’s patrons are willing to pay. The details of how that pricing system works, its extensive use of AI, the company’s regulatory concerns and the tensions with its franchisees haven’t been previously reported. Reuters reviewed screenshots of the company’s pricing engine taken in August and…

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Pakistan Tehreek-e-Insaf (PTI) has decided to proceed with its planned long march to Islamabad on October 4, with the party’s Khyber Pakhtunkhwa parliamentary group considering a prolonged stay in Swabi before deciding the next phase of the protest. The decision was taken at a parliamentary party meeting chaired by Khyber Pakhtunkhwa Chief Minister Sohail Afridi on Tuesday. The meeting was held through Zoom and was attended by provincial and national lawmakers, ministers, advisers and other party leaders. According to PTI sources, CM Afridi directed lawmakers and party leaders to make…

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