On Monday, Nvidia lost about 17% or close to $593 billion in market value – a record one-day loss for any company, while shares of companies in semiconductor, power, and infrastructure companies exposed to AI collectively shed more than $1 trillion. Monday’s selloff, which hammered many tech stocks across the globe, was prompted by the […]
This was revealed by the Attorney General of Pakistan (AGP) Mansoor Usman Awan during the hearing of the Customs Regulator Duty case. The AGP confirmed that an appeal would be filed against yesterday’s contempt of court decision announced by Justice Mansoor Ali Shah. Additionally, a decision has been made to file a review petition against […]
As per details, the tragic incident occurred in Multan’s Fahad Town, where a fire broke out in a gas-filled container, resulting in the deaths of five individuals and injuring 25 others, including women and children. The injured were immediately transported to Nishtar Hospital for medical treatment, while Rescue teams confirmed that several homes collapsed due […]
The truce is aimed at winding down the deadliest and most destructive war ever fought between Israel and the Hamas. The fragile deal has so far held, quieting airstrikes and rockets and allowing for increased aid to flow into the tiny coastal territory. On Saturday, four hostages are expected to be freed for 200 prisoners, […]
As per details, the decision came in response to a petition filed by a candidate for the technocrat seat in the Senate elections. Justice S.M. Ateeq Shah, in a six-page verdict, ordered the ECP to decide on the Senate elections by the law. The petition was filed in response to the ECP’s decision to postpone […]
Speaking to reporters outside Adiala Jail after meeting Imran Khan, Barrister Gohar Ali Khan said that Imran Khan directed that negotiations can continue if a three-member judges commission is formed to probe the May 9 riots and November 26 protests. Barrister Gohar Ali Khan stated that the government had been given seven days to announce […]
Bloomberg’s intervention aims to ensure the United Nations Framework Convention on Climate Change (UNFCCC) remains fully funded despite the United States halting its contributions. The United States typically provides 22 percent of the UNFCCC secretariat’s budget, with the body’s operating costs for 2024-2025 projected at 88.4 million euros ($96.5 million). “From 2017 to 2020, during […]
As per details, the IMF has recommended introducing a mini-budget to bridge the gap. However, sources report that the Prime Minister has rejected this proposal, instructing the Federal Board of Revenue (FBR) to address the shortfall through alternative measures. The FBR has already shared a comprehensive alternative plan with the IMF, aiming to enhance revenue […]
According to sources, the disruption of quorum in yesterday’s National Assembly session was orchestrated through a collaboration between the Pakistan People’s Party (PPP) and Pakistan Tehreek-e-Insaf (PTI). The plan to break the quorum was a joint effort between PPP and PTI, the sources knowing the matter said and added on the instructions of the Pakistan […]
The act effectively wipes away legal consequences for all but 14 of the nearly 1,590 people charged over the riot. The exceptions, members of the far-right Proud Boys and Oath Keepers organizations had their sentences ended early and will be released from federal prison. Trump also directed the U.S. attorney general to drop all pending […]
