Index surges nearly 3,900 points over regional optimism, robust investor interest KARACHI: In yet another powerful recovery, Pakistan equities on Monday extended their bullish momentum as strong buying interest lifted the benchmark KSE-100 index sharply higher, which gained nearly 3,900 points amid improving regional situation and investor optimism during a trading week shortened by upcoming…
WHO has declared the outbreak of rare Bundibugyo strain of Ebola a public health emergency of international concern GENEVA: The head of the World Health Organization said on Monday that the fast-moving Ebola outbreak in Democratic Republic of Congo and Uganda was outpacing response efforts, giving the latest number of suspected deaths as 220. Addressing…
PM Shehbaz holds talks with Chinese leadership, Xi says Pakistan priority in neighbourhood diplomacy Chinese President Xi Jinping, Prime Minister Shehbaz Sharif, CDF Field Marshal Asim Munir and DPM Ishaq Dar pose for a group photo in Beijing. PHOTO: APP ISLAMABAD: Chinese President Xi Jinping on Monday described ties with Pakistan as “unbreakable” and declared…
VATICAN CITY: Pope Leo urged governments to slow down the development of AI systems in his first major document, released on Monday, warning that they spread misinformation, prioritise conflict and risk leading the world down a path of unending war. Leo, who has adopted a more forceful tone in recent months and has drawn the…
. LONDON: Britain had its hottest day on record for May on Monday, the country’s national weather service said, with the temperature nearing 35 degrees Celsius (95 degrees Fahrenheit). On a day that also broke records for a public holiday, the Met Office said the temperature hit 34.8 C (94.64 F) at west London’s Kew…
JERUSALEM: Prime Minister Benjamin Netanyahu has told confidants in private conversations that Israel has little ability to influence Donald Trump’s decision-making on Iran as the US president negotiates a deal in the nearly three-month-old war, two sources said. Netanyahu’s comments, described to Reuters by two Israeli officials with knowledge of the conversations, come as Israel…
. FRANKFURT/ BRUSSELS: The European Union is planning to fine Alphabet’s GOOGL.O Google a high triple-digit million euro amount as part of an antitrust investigation, Germany’s Handelsblatt newspaper reported on Monday, citing commission sources. The decision is nearing completion and is expected to be announced before the summer break, the paper said, adding it would…
. NEW YORK: Experts trying to prevent a tank holding a highly toxic and flammable chemical from exploding in Southern California found a “potential crack” in the container that might be reducing the pressure, a fire official said on Sunday. Since Friday, officials have warned that the tank, which contains methyl methacrylate, a chemical used…
MOSCOW: The Kremlin said on Monday Armenia could lose the “very attractive” price it pays for Russian gas if it turned away from integration with Russia. Armenia is a member of a Russian-led economic union and heavily dependent on Russia for energy supplies, but in recent years it has sought deeper ties with the European…
Meetings focus on yarn imports, cotton seed quality, mineral exploration, e?commerce CHINA: Federal Minister for Commerce Jam Kamal Khan has held a series of high?level business engagements with leading Chinese enterprises during his official visit to China, aimed at strengthening bilateral trade, attracting investment and expanding Pakistan’s export footprint across priority sectors including textiles, agriculture,…