Disagreements over how to save Europe’s largest economy had been the main factor behind the collapse of Scholz’s fractious three-party coalition last month, and the economy is the top concern of German voters. Germany has gone from being Europe’s economic powerhouse to underperforming its major euro zone peers. The economy is expected to contract in […]
According to details, PIA has issued a report regarding aircraft hit by birds in 2024 so far. According to the report, 38 bird-hit incidents were reported from January to June. The incidents were reported in Islamabad, Multan, Faisalabad, Gilgit, Sukkur, Jeddah and Dubai. The report added five out of the 38 PIA planes were damaged […]
Discounts to clear inventory, price cuts and incentives such as cheaper financing options offered to boost EV sales have squeezed Tesla’s margin over the past two years, while sales dropped as customers grew tired of its old model lineup. The company is laying off 10% of its global workforce, a memo revealed in April. Now, […]
Brent crude oil futures fell 28 cents, or 0.3%, to $84.97 a barrel by 0310 GMT. U.S. West Texas Intermediate crude futures dropped 31 cents, or 0.4%, to $80.59 per barrel. Both benchmarks had settled slightly higher on Wednesday. “An expected increase in US inventories of crude oil and gasoline are weighing on the market […]
Mass production of the roughly 35,000-euro ($37,345) vehicle, produced by a BMW and China’s Great Wall Motor Co Ltd joint venture, began late last year – shortly after the EU launched its probe. With production still, in the early days, the JV was unable to fulfill the European Commission’s survey to the level of detail […]
Dawlance, Pakistan’s leading home appliances manufacturer, has launched a new range of premium products, under the umbrella of “Dawlance Prima Line – Designed for Better”. Catering specifically to the Pakistani market, this ground-breaking product range is a continuation of the company’s legacy of providing cutting-edge solutions, to meet the evolving needs of the consumers. Dawlance […]
Speaking to a delegation of the Council of Economic and Energy Journalists in Islamabad, PIA Chairman Abdullah Hafiz revealed that the national carrier is expected to receive the long-awaited safety approval from the International Aviation Safety Assessment (IASA) this month. “As soon as we get the clearance, we will initiate flights to Paris by June, […]
Data centers are often known for their plain and dull appearances, with mostly concrete walls and few windows. This is mainly because of safety rules, but it’s not as big of a deal when these centers are located away from cities. However, in Heidelberg city, they wanted their data center to be close to people. […]
On Friday, hundreds of demonstrators—many of them were Russian expatriates—gathered in cities throughout Europe and abroad to voice their outrage over the passing of Alexei Navalny, a critic of the Kremlin. They frequently gathered outside Russian embassies, brandishing signs labeling Russian President Vladimir Putin a “killer” and demanding responsibility, while chanting anti-Kremlin chants. After going […]
Europe took a step closer to enacting regulations on Friday when member states approved a political agreement struck in December, allowing for the use of AI and AI models like Microsoft’s ChatGPT. The regulations, which were put up by the European Commission three years ago, seek to establish a worldwide standard for a technology that […]