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[ ISLAMABAD: In a blow that undercuts Islamabad’s push for fresh Chinese investment, Shanghai Electric Power has scrapped its long-delayed plan to acquire K-Electric (KE) just days after Prime Minister Shehbaz Sharif returned from Beijing touting renewed economic cooperation. The Chinese power giant said Pakistan’s regulatory bottlenecks and shifting business environment had rendered the $1.77 … Read more
The chief of surgery at Clinica Las Condes in Santiago, Chile, Ricardo Funke, carried out a gallbladder removal alone during a laparoscopic surgery on Monday, thanks to an autonomous AI-guided camera. Using software that autonomously directed the surgical camera along with magnetic surgical instruments, AI tracked the surgeon’s tools, adjusting angles and following automatically. “The … Read more
[ KARACHI: In yet another historic session on Wednesday, the Pakistan Stock Exchange (PSX) rose to a new record high, driven by investor interest in selective stocks of fertiliser, energy and banking sectors. The benchmark KSE-100 index advanced 457.27 points, or 0.29%, and settled at 157,020.80. During the day, the index oscillated between the high … Read more
STRASBOURG: EU chief Ursula von der Leyen on Wednesday urged Europe to assert its independence in a “hostile” world, as she condemned Russia’s drone intrusion in Poland and pushed for tougher action against Israel over Gaza. “Battle lines for a new world order based on power are being drawn right now,” von der Leyen told … Read more
[ BEIJING: Pakistan and China deepened cooperation in the agriculture sector as enterprises from both sides signed joint ventures (JVs) worth $601.25 million during the 2nd Pakistan-China B2B Investment Conference in Beijing on September 4, held during the prime minister’s visit. Among the key agreements, Hitech Technological Concern of Pakistan partnered with Weichai Lovol Intelligent … Read more
It is unclear when the South Korean detainees will be repatriated. They were previously scheduled to depart the United States on Wednesday.
LONDON: From glittery “Ziggy Stardust” costumes and handwritten song lyrics to fan letters and notes on an unfinished musical, a new archive of David Bowie’s life and career is to open its doors to the public in London. From Saturday, fans and researchers interested in the late British music legend will be able to access … Read more
LONDON: Swimmer Ben Proud, who won an Olympic silver medal at Paris 2024, has become the first British athlete to join the Enhanced Games, a competition where athletes will be free to use performance-enhancing drugs. Proud, a world and European champion in the 50m freestyle, will be barred from international competition for taking part in … Read more
ISLAMABAD: Pakistan, along with Algeria and Somalia, on Wednesday requested an emergency meeting of the United Nations Security Council to discuss Israel’s reckless airstrikes on Qatar. “In view of the unprovoked illegal Israeli aggression against the brotherly State of Qatar, Pakistan, along with Algeria and Somalia, has requested an Emergency meeting of the UN Security … Read more
[ KARACHI: Gold prices in Pakistan remained unchanged at Rs388,100 per tola on Wednesday, a day after hitting an all-time high, according to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA). The price of 10-gram gold also held steady at Rs332,733. In the international market too, gold remained steady at $3,654 per ounce, hovering … Read more
