Trending Now: Latest global updates, business news, technology stories, sports headlines, and more.

US embassy in Pakistan expresses pride at Trump role in ending May conflict with India

Trump repeats claim of ending Pakistan-India conflict in Davos address at World Economic Forum US President Donald Trump speaks during a reception with business leaders on the sidelines of the World Economic Forum (WEF) annual meeting in Davos on January 21, 2026. The World Economic Forum takes place in Davos from January 19 to January … Read more

Punjab flags widespread fire safety risk at major commercial plazas

RAWALPINDI/ LAHORE: Alarmingly weak fire safety standards have been uncovered across major commercial buildings in Punjab following a province-wide inspection, launched after the deadly fire at Karachi’s Gul Plaza, which claimed over 50 lives, officials said on Wednesday. The Punjab Emergency and Rescue Department conducted a fire safety survey and found serious deficiencies at majority … Read more

Fitch affirms Pakistan’s ‘B-’ ratings with stable outlook, signals improved credit stability

[ Updates sovereign rating criteria from Sept 2025, incorporating recovery assumptions into debt ratings for first time Global ratings agency Fitch on Wednesday affirmed Pakistan’s long-term foreign- and local-currency debt ratings at ‘B-’ with a stable outlook and assigned a ‘RR4’ recovery rating to the country’s senior unsecured instruments. The rating action follows Fitch’s adoption of … Read more