U.S. President Donald Trump announced on Wednesday that Indian Prime Minister Narendra Modi has pledged to halt oil purchases from Russia, marking a major shift […]
Category: Business
IMF, Pakistan reach staff-level agreement for additional $1.2 billion support package.
The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement under which the global lender will provide an additional $1.2 billion to the […]
Gold hits record high amid U.S.-China trade tensions and rate cut expectations.
Gold surged to another record high on Monday as escalating trade tensions between the United States and China drove investors toward safe-haven assets, while growing […]
Apple faces lawsuit over alleged use of pirated books to train Its AI model.
Apple has been sued in a California federal court by two neuroscientists who claim the company illegally used thousands of copyrighted books to train its […]
Rishi Sunak Joins Microsoft and Anthropic as Senior Adviser
Former British Prime Minister Rishi Sunak has taken on new global roles in the technology and artificial intelligence sectors, joining Microsoft and Anthropic as a senior adviser. The move comes months after his resignation
Oil prices slip as Israel–Hamas ceasefire deal lowers geopolitical risk premium.
Oil prices fell in early Asian trade on Thursday after Israel and Hamas agreed to the first phase of a Gaza ceasefire plan, easing fears […]
Pakistan, IMF fail to reach staff-level agreement after second economic review talks.
Pakistan and the International Monetary Fund (IMF) concluded their second biannual economic review talks on Thursday without reaching a staff-level agreement, though both sides pledged […]
Sindh Government rejects dairy farmers’ demand to raise milk prices.
The Sindh government has rejected the Dairy Farmers Association’s (DFA) demand to increase the retail price of milk to Rs. 300 per litre, In Speaking […]
State Bank of Pakistan releases latest mark-to-market currency rates , USD slightly weakens, PKR holds steady.
The State Bank of Pakistan (SBP) has issued the latest mark-to-market (M2M) exchange rates for major global currencies against the Pakistani Rupee (PKR) as of […]