Oil pares gains but stays firm

Brent crude futures for June climbed $2.93, or 2.7%, to $111.16 a barrel at 1532 GMT NEW YORK: Oil prices pared earlier gains after the United Arab Emirates said it would leave OPEC and OPEC+, easing some supply concerns, though prices held near the upper end of a nearly 3% rally as stalled efforts to…

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Coach Sarfaraz unfazed by criticism

The former captain is focused on building a cohesive unit ahead of Bangladesh series Pakistan red-ball Head Coach Sarfaraz Ahmed was addressing a press conference in Lahore. Photo: PCB/File KARACHI: Pakistan Test head coach Sarfaraz Ahmed on Wednesday brushed aside criticism over his appointment, saying he remains focused on preparing the national side for their…

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MoU opens Norwegian ships to Pakistani seafarers

Minister says deal opens avenues for employment, aligns local certifications with international standards ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has welcomed the signing of a memorandum of understanding (MoU) with Norway that will allow Pakistani seafarers to serve aboard Norwegian-flagged vessels, according to an official statement issued on Tuesday. Hailing the…

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An experimental cafe run by AI opens in Stockholm

Cafe powered by Google’s Gemini hires staff, orders supplies and manages operations with mixed results An experimental cafe run by AI opens in Stockholm. PHOTO: AFP The avocado toasts and baristas making foamy lattes make it look like any other cafe, except at this one, located in a Stockholm residential neighbourhood, artificial intelligence (AI) is…

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Experts link home cleaning to better mental health

ISLAMABAD: Mental health experts are increasingly highlighting the positive impact of maintaining a clean and organised home on overall psychological well-being, noting that simple household chores can play a meaningful role in reducing stress and anxiety. As awareness about mental health continues to grow, experts suggest that maintaining a clean home should be viewed not…

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SBP raises Rs512b amid strong demand

KARACHI: The State Bank of Pakistan (SBP) raised over Rs512 billion through the auction of Pakistan Investment Bonds (PIBs), reflecting strong participation from banks amid increased interest rates. According to the auction result released on Tuesday, the central bank received total bids worth Rs906.4 billion across multiple tenors, against which it accepted Rs499.4 billion in…

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Pakistan launches retaliatory strikes after border aggression, security sources say

Sources say Operation Ghazab Lil Haq will continue until all designated objectives are achieved Pakistan-Afghanistan border at Chaman. PHOTO: FILE Security forces launched a strong retaliatory response under Operation Ghazab Lil Haq after unprovoked aggression by Afghan Taliban and terrorists along the Pakistan-Afghanistan border, security sources said on Wednesday. According to the sources, armed forces carried…

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SECP approves ETF reform roadmap

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has granted in-principle approval for the implementation of a comprehensive exchange-traded fund (ETF) reform roadmap, based on the recommendations of the working committee on ETFs, according to a statement issued on Tuesday. The roadmap will be implemented in phases following extensive consultations with key stakeholders, including…

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