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AFP/APP  London: Wall Street stocks slumped on Wednesday after data showed US consumer inflation continued to accelerate last month, reducing the chances of an early interest rate cut from the Federal Reserve. The annual consumer…

AFP/APP London: US and European stocks retreated on Tuesday as investors awaited this week's US inflation data, the eurozone central bank meeting, and corporate results. Investors will be poring over US consumer price data to be…

AFP/APP Tokyo: Tokyo stocks opened higher on Monday as investors took heart from Wall Street rallies on strong job data. The benchmark Nikkei 225 index was up 1.01 percent, or 392.88 points, at 39,384.96 in early trade, while the…

News Desk Islamabad: Metaverse is the biggest casualty of generative AI ‘frenzy’ due to the overall tech sector’s shift to the development of AI. Even Meta which has invested billions is shifting its focus on AI. Some analysts…

AFP/APP New York: Oil prices scored fresh five-month peaks Wednesday on unrest in the crude-rich Middle East and an OPEC+ call for its members to maintain its strategy of reducing output. Eurozone stocks advanced as a drop in…

APP Islamabad: The Consumer Price Index (CPI)-based inflation came down to 20.7 percent during the month of March 2023 as compared to 23.1 percent recorded during February 2023, the Pakistan Bureau of Statistics (PBS) reported Monday.…

AFP/APP New York:  Wall Street stocks mostly fell Monday after fresh inflation data raised questions about US monetary policy, while gold prices shot to a fresh record. The Institute for Supply Management's March survey is the first…

AFP/APP Paris: More women are taking top management jobs, but inequality persists, with men still dominating business leadership roles, research showed ahead of International Women's Day on March 8. Despite some high-profile exceptions…

AFP/APP San Francisco: Former top executives of Twitter sued Elon Musk on Monday, saying he had failed to pay them nearly $130 million since the billionaire took over the social media company and dismissed them. "Musk doesn't pay his…

AFP/APP Tokyo: Meta chief Mark Zuckerberg met with Prime Minister Fumio Kishida while on a visit to Japan, with reports saying they discussed the risks of generative AI. "We had a good, productive conversation about AI and the future…