DAVOS (Web Desk) Finance Minister Muhammad Aurangzeb stated on Tuesday that Pakistan has finalized terms for a $1 billion loan from two Middle Eastern banks. The loans, which have an interest rate of 6 to 7 percent, include a bilateral agreement and a trade finance arrangement, both with short termsRead More →
(Reuters) – Oracle on Tuesday introduced a new collection of artificial intelligence agents to assist salespeople with a variety of customer-facing duties. Oracle’s agents, unlike the broad virtual assistants employed by customers, are intended to accomplish specialized tasks. Each time a salesperson interacts with a customer, they must update corporateRead More →
(Reuters) – The US Securities and Exchange Commission announced on Tuesday the formation of a new cryptocurrency task group, “dedicated to developing a comprehensive and clear regulatory framework for crypto assets.” The task force’s aim “will be to help the Commission draw clear regulatory lines, provide realistic paths to registration,Read More →
(Reuters)- Apple reaffirmed on Wednesday that it has never sold or utilized data acquired by its Siri voice assistant to develop marketing profiles, just days after resolving a case in which it was accused of doing so. The iPhone maker paid $95 million last week to resolve a class actionRead More →
Chief Financial Officer (CFO) Faisal Abdul Sattar of Karachi’s famous cardiac hospital, the National Institute of Cardiovascular Diseases (NICVD), submitted his resignation on Wednesday after depositing Rs2.3 million in the institution’s account. According to sources, NICVD administration decided to undertake a comprehensive investigation after reports of financial misappropriation appeared inRead More →
The federal government and the International Monetary Fund (IMF) have agreed to discontinue the wheat minimum support price (MSP) regime. Following the agreement, no minimum support price (MSP) for wheat would be published for 2025-26. The Ministry of National Food Security and Research requested provinces to submit wheat food securityRead More →
Pakistan International Airlines (PIA) has got a positive reaction from the public for its Paris route, which is scheduled to depart on January 10, 2025 after a four-year hiatus, since all economy tickets have been sold out in advance. According to a spokeswoman for the national carrier, all economy classRead More →
Qatar Airways has closed its offices in Pakistan as part of a cost-cutting initiative. Despite the shutdown of these offices, the airline announced that flights will continue as scheduled. According to sources, the airline’s move to close its offices would not effect flight operations, but will have an impact onRead More →
ISLAMABAD (A News) – The government is expected to raise petrol prices by Rs4 on New Year’s Eve. According to reports, the price of fuel is set to rise by Rs4 a liter. According to the reports, petrol prices are likely to remain constant. Furthermore, the price of kerosene oilRead More →
NEW YORK (AP)— Stock indices finished mixed on Wall Street Thursday, with advances in some heavyweight technology and telecom sectors offsetting gains elsewhere. The S&P 500 dipped less than 0.1% after fluctuating between minor gains and losses throughout the day. The little loss broke the benchmark index’s three-day winning streak.Read More →
