Apple set to lose nearly $500b in value
Big Tech has been scooping up advanced chip-making capacity and memory chips to power its…
Apple set to lose nearly $500b in value
Big Tech has been scooping up advanced chip-making capacity and memory chips to power its AI data centres BENGALURU: Apple shares fell nearly 10% on Friday after a disappointing forecast showed that the iPhone maker was struggling to secure enough components as the AI-driven data centre boom strains global supply chains. The drop, if sustained,…
Root won’t ‘rip up’ Bazball blueprint
Joe Root has played 17 previous Tests in Australia without winning. Photo: AFP LONDON: England Test captain Joe Root plans to keep faith with the aggressive ‘Bazball’ tactics used by his predecessor Ben Stokes as he starts his second spell in the role. Root was appointed as skipper following Stokes’ shock retirement from international duty…
Pakistan drawn with India, Maldives in SAFF Championship
Pakistan will renew its fierce football rivalry with India at the 2026 SAFF Championship in Bangladesh after the regional heavyweights were drawn together in Group B on Saturday. The tournament draw, conducted during the South Asian Football Federation (SAFF) Congress in Thimphu, Bhutan, also placed the Maldives alongside the two rivals for the competition, which…
Light rain brings relief to parts of Karachi, more showers expected
Sindh govt put all departments on high alert amid forecasts of heavy monsoon rains Parts of Karachi received light rain and drizzle on Saturday afternoon as the Meteorological Department forecast more showers and thunderstorms across the city over the next two days. Light drizzle was reported in some areas, while light rain fell in others,…
FTO pushes faceless refund system
FBR’s FIFO policy cannot override taxpayer rights, Ombudsman rules after Rs42.86m refund delay ISLAMABAD: The Federal Tax Ombudsman has recommended that the Federal Board of Revenue (FBR) introduce a faceless income tax refund system to enable electronic transfer of refunds directly into taxpayers’ bank accounts after automated verification of eligible claims. The recommendation was issued…
Quade Cooper eyes World Cup comeback
SYDNEY: Veteran 38-year-old Wallabies playmaker Quade Cooper says he never retired and is eyeing a comeback for next year’s World Cup on home soil. The 80-Test flyhalf took up a coaching role with Japanese club Kintestu Liners for the 2025–26 season, with many assuming he had hung up his boots. But Cooper, who was a…
Arshad Nadeem faces scrutiny following Glasgow debacle
He failed to qualify for the final round of the Javelin event at the Commonwealth Games KARACHI: Olympic champion Arshad Nadeem’s disappointing performance at the Commonwealth Games has raised fresh questions about his preparation and support system as he begins the build-up to defending his Olympic title in 2028 in Los Angeles. The Pakistani javelin…
Pak-China friendship is time-tested, remains steadfast despite evolving global challenges: CDF Munir
Says Pakistan Armed Forces, PLA are true partners bound by mutual trust and shared commitment to regional peace A ceremony was held at the General Headquarters (GHQ) in Rawalpindi to mark the 99th anniversary of the founding of China’s People’s Liberation Army on August 1, 2026. Photo: ISPR Chief of Defence Forces (CDF) and Chief…
Climate forum planned to cut wheat imports
National forum to tackle food security as minister outlines livestock exports, seed certification push ISLAMABAD: Pakistan and the Food and Agriculture Organisation (FAO) have agreed to organise a National Climate Forum to strengthen climate action in agriculture, as the country seeks to build resilience against the impacts of climate change despite its negligible contribution to…
Gold prices in Pakistan Today
KARACHI: Gold prices declined in global and local markets on Saturday, with bullion rates in the domestic market falling in line with a drop in international prices. In the international bullion market, gold prices fell by $37 per ounce to $4,043 per ounce. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), in the…
