Oil slips ahead of US announcement

Oil prices fell more than $2 a barrel on Monday as investors took profits after recent gains and awaited details of expected new US sanctions on Iran, which could further disrupt supplies. Brent crude futures were down $1.71, or 1.81%, to $92.69 at 1648 GMT, while US WTI crude was at $85.34 a barrel, down…

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Mourinho happy with squad despite losing out on Rodri

MADRID: Real Madrid coach Jose Mourinho said Tuesday he is “very happy” with his squad, which he considers complete despite missing out on midfielder Rodri, later signed by rivals Barcelona. Los Blancos revamped their squad this summer, signing six players including record arrival Yan Diomande, Bernardo Silva and Marc Cucurella. However Madrid’s approach for Rodri…

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Shah Ghulam Qadir nominated as AJK prime minister

Qadir is one of the founding members of PML-N in AJK, has held a range of senior parliamentary and ministerial roles Pakistan Muslim League-Nawaz (PML-N) Azad Jammu and Kashmir (AJK) President Shah Ghulam Qadir. — FILE PHOTO Shah Ghulam Qadir was nominated as prime minister of Azad Jammu and Kashmir (AJK) by Pakistan Muslim League-Nawaz…

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Moody’s upgrades Pakistan’s rating

ISLAMABAD: Ahead of the government’s plans to venture into western markets to raise billions of dollars, Moody’s on Monday upgraded Pakistan’s rating to B3 but said international surveys continued to point to weak rule of law and control of corruption and limited government effectiveness. In its rating upgrade, one of the leading international credit rating…

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Facebook, TikTok promoted Colombian armed groups’ content to recruit children: HRW

HRW says circulation of content by armed groups ‘glorifies life in armed group ranks’, promotes ‘deceptive job offers’ Instagram, TikTok, Snapchat, YouTube, Facebook, Twitch and Reddit applications are displayed on a mobile phone, in this picture illustration taken on December 9, 2025. PHOTO: REUTERS Facebook and TikTok failed to prevent the spread of content produced…

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ISGS to execute refinery policy

Capacity concerns raised as bureaucracy shifts responsibility for upgrade programme ISLAMABAD: The government has designated Inter State Gas Systems (ISGS) as the policy implementation entity for the Pakistan Oil Refining Policy for Upgradation of Existing/Brownfield Refineries, 2023, shifting key responsibilities from OGRA to the state-owned company amid questions over its capacity. Sources in the Petroleum…

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The AI founders who walked away from Bezos-backed Prometheus to model the universe

The difference is that this new system is not built for understanding language; it is built for physics Accelerated Understanding Inc’s co-founders Anima Anandkumar and Benedikt Jenik pose for a picture, in Pasadena, California, US, August 23, 2026. PHOTO: REUTERS A research duo, once pitched to lead the Jeff Bezos-backed Project Prometheus, on Tuesday unveiled what…

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Private medical colleges barred from charging over Rs2.1m without approval: Mustafa Kamal

Health Minister Mustafa Kamal. Photo: Radio Pakistan Health Minister Mustafa Kamal told the National Assembly (NA) on Tuesday that the government capped annual fees at private medical colleges at Rs2.1 million, with institutions barred from charging more without approval, as authorities moved to tighten oversight of medical education costs, state-run Radio Pakistan reported. Responding to…

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Wheat shortfall could cost $1.2 billion

PKI warns of 3 million tonne shortfall, fears mount as support price fails farmers LAHORE: Millions of wheat growers across Pakistan face a bleak sowing season this year, with farmer representatives warning that the country could face a shortfall of nearly three million tonnes of wheat, forcing the government to spend roughly $1.2 billion in…

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