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Business
Amazon to Cut 30,000 Office Jobs: Media Reports
AFP/APP
San Francisco: Amazon plans to lay off tens of thousands of office workers as the e-commerce and technology giant seeks to trim costs while ramping up investments in artificial intelligence (AI), according to US media reports.…
Asia Stocks Surge on US-China Trade Deal Breakthrough
AFP/APP
HONG KONG: Asian equities surged Monday as investors cheered a breakthrough in US-China trade talks that set the stage for leaders Donald Trump and Xi Jinping to finalise a deal, averting an escalation in the world’s biggest…
Asian Stocks Rally as Traders Cheer Trump-Xi Meeting Plan
AFP/APP
HONG KONG: Asian markets rallied Friday after the White House confirmed President Donald Trump would meet China's Xi Jinping next week, stoking optimism for a cooling of trade tensions between the economic superpowers.
The…
Meta to Invest $1.5 Billion in New AI Data Centre in Texas
WAM/APP
New York: Meta Platforms on Wednesday announced plans to invest over $1.5 billion in a new data centre in the US state of Texas by 2028, underscoring its growing commitment to artificial intelligence (AI) infrastructure.
The…
US-China Trade War Reignites Over Rare Earths
News Desk
Islamabad: Trade tensions between the United States and China have reignited after President Donald Trump announced a sweeping 100 percent tariff on Chinese imports and unveiled new export controls on sensitive technologies,…
Gold Prices Rise in Pakistan Despite Global Dip
News Desk
Karachi: Gold prices in Pakistan climbed on Tuesday, even as the precious metal slipped in global markets amid ongoing US political and economic uncertainty.
According to data released by the All-Pakistan Gems and Jewellers…
Pakistan, Malaysia Sign Six MoUs to Strengthen Ties
News Desk
Putrajaya: Pakistan and Malaysia have reinforced their decades-long friendship with a series of high-level engagements culminating in the signing of six memoranda of understanding (MoUs), aimed at boosting bilateral cooperation…
Pakistan holds first e-balloting for 40,000 e-bikes
APP
Islamabad: In a landmark step toward green mobility, the Ministry of Industries and Production (MoIP) on Wednesday conducted Pakistan’s first-ever e-balloting under the Pakistan Accelerated Vehicle Electrification (PAVE) Scheme,…
Google to Invest £5bn in UK Ahead of Trump Visit
AFP/APP
London: Google announced Tuesday it will invest £5 billion ($6.8 billion) in the United Kingdom over the next two years to support the country’s artificial intelligence (AI) ambitions, ahead of a state visit by US President…
Gold Prices Ease in Local, Global Markets
News Desk
Islamabad: Gold prices slipped in both domestic and international markets on Saturday, mirroring a minor decline in global rates.
According to the All Pakistan Gems and Jewellers Association, the international bullion price…