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Pakistan’s history of making adversaries talk

Fifty years of brokering peace for others, can the ‘Islamabad Talks’ mark a turning point for Pakistan’s diplomacy? KARACHI: For a country long typecast as a source of regional instability, Pakistan pulled off something for the books. After almost six weeks of conflict between the United States, Israel, and Iran, it was Islamabad that brokered…

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Alcaraz, Sinner set for Monte Carlo final

Carlos Alcaraz sets up a high-stakes Monte Carlo final clash with Jannik Sinner. Photo: AFP/FILE MONTE CARLO: Carlos Alcaraz teed up a blockbuster Monte Carlo Masters final with Jannik Sinner as the world’s top two players will face off on Sunday for the number one ranking. Alcaraz ended the fairytale run of local boy Valentin…

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UK financial regulators rush to assess risks of Anthropic’s latest AI model, FT reports

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…

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Bayern closer to Bundesliga title

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…

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High yields cause Rs600b losses

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…

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POA honours Rizwan Aftab

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…

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Oil industry fears Rs100b inventory loss

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…

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