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UN’s moment of reckoning

PUBLISHED July 19, 2026 Global governance, in its current form, is facing a crisis of legitimacy and confidence. The United Nations, while not obsolete, is increasingly seen as little more than a talk-shop — with its reins in the hands of powerful states. The post-World War II global order, founded on sovereign equality and collective … Read more

Industry supports daily oil pricing regime

[ ISLAMABAD: The Oil Companies Advisory Council (OCAC) has backed the government’s decision to review oil prices every day, paving the way for market deregulation, which has been discussed for two decades. Federal Minister for Petroleum Ali Pervaiz Malik on Saturday chaired a meeting with key stakeholders, including the Oil and Gas Regulatory Authority (Ogra), … Read more

Samsung cuts US jobs, offers relocations ahead of HQ move

Cuts highlight widening gap between booming chip business, struggling consumer electronics units Samsung Electronics has cut jobs at ​its US display, phone and other consumer electronics operations, affecting workers mainly in New Jersey and Texas, according to documents and two people familiar with ‌the matter. The South Korean tech giant said on Sunday in a statement … Read more

Banks cautious as SBP defines start-ups

[ KARACHI: The State Bank of Pakistan (SBP) has introduced a separate category for start-ups under its revised Prudential Regulations for SME Financing, a policy shift that could reshape access to formal finance for early-stage businesses. Experts caution, however, that regulatory recognition alone is unlikely to transform lending without broader banking reforms. For the first … Read more

FM Dar offers condolences to Venezuela, vows support after deadly earthquakes

Venezuelan FM acknowledges Pakistan’s constructive role in promoting dialogue and de-escalation between US and Iran Deputy Prime Minister and Foreign Minister Ishaq Dar (L), Venezuelan Foreign Minister Félix Plasencia (R). Deputy Prime Minister and Foreign Minister Ishaq Dar on Sunday conveyed condolences to Venezuela over the recent devastating earthquakes, reaffirming Islamabad’s “unwavering solidarity” with the Venezuelan … Read more

Andrew Tate, brother arrested in US

Two men arrested after British prosecutors filed new rape, sex-trafficking charges Andrew Tate and Tristan Tate arrive before US President Donald Trump to attend UFC 327 at Kaseya Center, Miami, US. Photo: Reuters Controversial social media figures Andrew Tate and his brother, Tristan, were arrested in the US on Saturday after British prosecutors filed new … Read more

$1.5b deals, MoUs inked at pharma conference

[ Pakistan, China pledge to deepen healthcare cooperation, improve access to advanced devices ISLAMABAD: Pakistan and China signed agreements and memorandums of understanding (MoUs) worth $1.492 billion during the two-day Pakistan-China Pharmaceutical and Healthcare B2B Investment Conference, with participants reaffirming their commitment to expanding bilateral cooperation in healthcare and improving access to advanced medical services. … Read more