Bank of England, Financial Conduct Authority, HM Treasury in talks with NCSC to examine potential vulnerabilities British financial regulators are holding urgent talks with the government’s cybersecurity agency and major banks to assess risks posed by the latest artificial intelligence model from Anthropic, the Financial Times reported on Sunday. Officials at the Bank of England…
First Lady Bibi Aseefa Bhutto Zardari. Photo: File First Lady Bibi Aseefa Bhutto Zardari on Sunday called on families and communities across Pakistan to fully cooperate with the upcoming nationwide polio vaccination campaign, scheduled to begin on April 13, and ensure that every child was protected from the disease. The campaign aims to vaccinate over 45…
BERLIN: Bayern Munich romped to a 5-0 win at St Pauli on Saturday, breaking a 54-year Bundesliga goalscoring record and moving to within touching distance of a 35th league crown.Leon Goretzka’s 53rd-minute goal, Bayern’s second of the match, brought up 102 league goals this season, breaking a previous mark set by the Bavarian giants in…
KARACHI: Pakistan’s commercial banking sector is bracing for a major financial shock, as a sharp spike in interest rate yields is expected to wipe out more than Rs600 billion in revaluation surpluses within a single quarter. A report by Optimus Capital Management, titled ‘Back to Square One’, warns that the rapid shift in the fixed-income…
IMF and World Bank warn war will slow global growth and raise inflation, hitting poorer nations hardest A worker counts Egyptian pounds and issues a receipt after filling a car’s tank at a Chillout petrol station as Egypt raises domestic fuel prices by up to 17% amid global energy turmoil and the expanding US-Israeli conflict…
The Pakistan Olympic Association (POA) has honoured Rizwan Aftab Ahmed in recognition of his contributions to the development and welfare of athletes in Pakistan, officials said on Sunday.Rizwan has emerged over the years as a committed supporter of Pakistani athletes, providing financial, medical and nutritional assistance aimed at improving performance at elite levels. His support…
Iran renewed attacks on the United Arab Emirates on Tuesday, causing oil loading at the port of Fujairah to be at least partly halted after the third attack in four days. FILE IMAGE: PIXABAY ISLAMABAD: The oil industry has expressed fear that it is going to face an inventory loss of Rs100 billion, which will…
Several Iranians also injured on B1 bridge attack. PHOTO: ANADOLU The head of Iran’s Legal Medicine Organisation said 3,375 people killed in US-Israeli airstrikes have been identified using scientific and specialised methods, state broadcaster IRIB reported on Sunday. Abbas Masjedi Arani said the fatalities, from February 28 to April 7, included 2,875 men and 496 women,…
Tyson Fury returned to action with a unanimous points win over Arslanbek Makhmudov. Photo: AFP/FILE LONDON: Former world heavyweight champion Tyson Fury marked his latest return to the ring with a unanimous points win over Arslanbek Makhmudov on Saturday before immediately challenging Anthony Joshua to a ‘Battle of Britain’ super fight. Two-time former world champion Fury,…
KARACHI: The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) staged a powerful rebound during the outgoing week, surging over 11% on a week-on-week (WoW) basis to close at 167,191 points, as easing geopolitical tensions and improving macroeconomic signals triggered broad-based investor interest. On a day-on-day basis, the PSX commenced the week with a…