ogood2054

Airline resumes service as regional tensions ease

Resumption comes after approximately 50 days of halted operations triggered by the Iran-US conflict The first PIA flight to Europe in over four years arrives at the terminal bay at Charles de Gaulle airport in Paris. Pakistan’s state-owned airline resumed flights to Europe after a four-year ban was lifted by EU regulators. Photo: videograb KARACHI:…

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Pakistan, S Korea agree to speedily finalise CEPA

ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan held a virtual meeting with South Korean Trade Minister Yeo Han-koo to strengthen trade ties, advance negotiations on the Comprehensive Economic Partnership Agreement (CEPA), and enhance investment cooperation. Secretary Commerce Jawad Paul and senior officials from both sides also participated in the meeting. At the outset, the…

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Sinner, Zverev reach Madrid Open final

Italy’s Jannik Sinner returns a ball to France’s Arthur Fils during the Madrid Open semi-final clash on Friday at the Caja Magica. Photo: AFP MADRID: World number one Jannik Sinner downed Arthur Fils 6-2, 6-4 on Friday to reach the Madrid Open final, where he will face Alexander Zverev. The second seed dispatched promising Belgian…

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Pentagon reaches deals with top AI firms

. WASHINGTON: The Pentagon said on Friday it had reached agreements with seven AI companies to deploy their advanced capabilities on the Defense Department’s classified networks as it seeks to broaden the range of AI providers working across the military. The statement excludes Anthropic, which has been in dispute with the Pentagon over guardrails on…

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President witnesses signing of JVA, MoUs

SANYA: President Asif Ali Zardari on Friday witnessed the signing of one Joint Venture Agreement and two memorandums of understanding between Pakistani and Chinese organisations, covering construction machinery, animal health and medical technology. The engagements are aimed at advancing practical cooperation in key sectors, a Presidency’s news release said. A memorandum of understanding was signed…

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‘Pay workers before sweat dries,’ says minister

ISLAMABAD: Federal Minister for Communications Abdul Aleem Khan paid tribute to millions of labourers on International Workers’ Day, stating that Islam places a sacred duty on employers to pay workers their wages ‘before their sweat dries’, according to an official statement issued on Friday. Aleem Khan said the working class is the backbone of human…

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Gaza flotilla activists taken to Crete

ATHERINOLAKKOS: More than 100 pro-Palestinian activists aboard boats carrying aid bound for Gaza were taken to the Greek island of Crete on Friday after Israeli forces seized their vessels in international waters near Greece, flotilla organisers said. The activists were part of a second Global Sumud flotilla, launched in recent months in an attempt to…

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Rs640m to be spent on two Dasu schools

DASU: Wapda has awarded a contract worth Rs640 million for the construction of two government schools at Seo Village in Upper Kohistan district of Khyber-Pakhtunkhwa. The contract signing ceremony was held at the Project office, said a message received on Friday. As per the contract, both schools are to be completed in two years, and…

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PSX slides 4.5% as geopolitics rattle investors

Pakistan's stock market came under renewed pressure during the outgoing week, as escalating geopolitical tensions between the US and Iran and a sharp surge in global oil prices triggered broad-based selling, pushing the benchmark KSE-100 index down by 4.5% week-on-week (WoW) to 162,994 points. On a day-on-day basis, the Pakistan Stock Exchange (PSX) commenced the…

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