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Apple unseats Nvidia as most valuable firm

[ Nvidia’s rally loses momentum as investors shift focus from AI spending to earnings resilience BENGALURU: Apple overtook Nvidia on Friday to become the world’s most valuable company, reshuffling the top ranks of tech heavyweights as investors reassess the outlook for artificial intelligence. Apple was last valued at $4.88 trillion as its shares held steady, … Read more

Punjab offers 10-year tax break to investors

[ Chinese firms investing in EV batteries, chip frame plant as province unveils industrial zones LAHORE: Punjab Industries Minister Shafay Hussain has announced a new industrial policy offering zero duty on machinery imports and 10-year income tax exemptions for industries in free economic zones, according to a statement issued on Saturday. Speaking at the inauguration … Read more

Security forces foil major terror plot in Wana

WANA: A terrorist was killed and five others injured in South Waziristan’s Wana as security forces thwarted a major terrorist plot by destroying an “explosive-laden vehicle intended for a suicide attack” during an intelligence-based operation on Saturday, state media said while citing security sources. In a post shared on X, state broadcaster Pakistan TV said, … Read more

Bugti announces commission to probe Ziarat incident

QUETTA: Balochistan Chief Minister Sarfraz Bugti said the provincial government had constituted a judicial commission to investigate the Ziarat incident, a day after an agreement between the government and protesters ended a days-long sit-in staged in response to the terrorist attack in Ziarat’s Mangi area. Thousands of poeple gathered at Ayub Stadium in Quetta on … Read more

Lawyers announce drive for rule of law

. ISLAMABAD: The Lawyers Action Committee has announced a nationwide lawyers’ movement for the rule of law and the independence of the judiciary after the summer vacations, with former Supreme Court Bar Association (SCBA) president Ali Ahmed Kurd set to lead the campaign. The movement will begin from Peshawar, according to the committee. Sources said … Read more

Pakistan, Kuwait call for de-escalation

. Pakistan’s Ministry of Foreign Affairs. Photo: File ISLAMBAD: Pakistan and Kuwait on Saturday stressed the urgent need for de-escalation in the Middle East amid the recent outbreak of fresh hostilities between the United States and Iran, while calling on all sides to exercise restraint. According to a statement issued by the Foreign Office, Deputy … Read more