Google limits Meta’s use of its Gemini AI models, FT reports

Capacity shortfall disrupts some of Meta’s internal AI projects, with several other Google clients also affected The Google logo is pictured at the entrance to the Google offices in London, Britain January 18, 2019. PHOTO: REUTERS Google has put limits on Meta’s use of its Gemini AI models after the social media company sought more computing capacity than the rival tech group could provide,…

Read More

Traders demand immediate reopening of cotton market

One year on, exchange sealing paralyses trade, sends negative signals to foreign investors KARACHI: The Karachi Chamber of Commerce and Industry (KCCI), while expressing deep concern over the continued sealing and forceful occupation of the historic Cotton Exchange building, has stated that it has inflicted severe damage on Pakistan’s cotton trade, disrupted hundreds of businesses…

Read More

South Korea, Japan reaffirm denuclearisation goal, closer defence ties

Ahn Gyu-back, Koizumi agree to revive joint search-and-rescue drills in sixth round of bilateral talks Japanese Defence Minister Shinjiro Koizumi and South Korean Defence Minister Ahn Gyu-back salute to national flags during a welcoming ceremony before their meeting at the Defence Ministry in Seoul, South Korea, June 28, 2026. PHOTO: REUTERS South Korea and Japan on Sunday reaffirmed their…

Read More

‘Govt to introduce barcode system on medicines’

Health minister announces major reform to curb fake drugs and improve quality control KARACHI: Federal Minister for Health Syed Mustafa Kamal on Saturday announced that Pakistan will introduce a barcode system for all medicines within the next 60 days as part of a major initiative to eliminate counterfeit and substandard drugs and ensure quality control…

Read More

PVARA chief demands global role

ISLAMABAD: Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman and Minister of State Bilal Bin Saqib has said that the principles of the financial system are being redefined, and Pakistan intends to play its role in shaping them. He noted that the financial system is increasingly becoming automated through software and blockchain, and software does not…

Read More

PAKISTAN’S TRANSIT DISCONNECT

PUBLISHED June 28, 2026 Pakistan’s major cities have witnessed massive investment in public transport infrastructure over the past decade, with governments introducing Bus Rapid Transit (BRT) systems, metro buses, metro trains and electric buses in an effort to modernise urban mobility. These projects were launched with the promise of reducing traffic congestion, providing affordable transportation,…

Read More

Tempers flare as budget battle drags on in SA

Opposition, treasury benches exchange sharp remarks as sixth day debate continues in heated atmosphere KARACHI: The Sindh Assembly on Saturday continued its sixth day of general debate on the provincial budget for the upcoming fiscal year, with senior parliamentarians from both the government and opposition taking part in a charged and often heated discussion. Provincial…

Read More

PSX climbs 0.36% amid easing oil prices

KARACHI: The KSE-100 index of the Pakistan Stock Exchange (PSX) closed the three-day week at 179,571, gaining 649 points, or 0.36% week-on-week, as the easing of geopolitical tensions and the passage of FY27 budget lifted investor sentiment. On a day-on-day basis, the PSX witnessed a range-bound session on Monday, with the KSE-100 declining 451 points…

Read More