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PSX gains nearly 1,000 points on broad-based buying

Strong investor interest in banking, cement, fertiliser and energy stocks lifts market’s mood KARACHI: Buying interest dominated trading at the Pakistan Stock Exchange (PSX) on Thursday, lifting the benchmark KSE-100 Index by nearly 1,000 points during intraday trade. Investor activity remained concentrated in automobile assemblers, cement, chemical, commercial banks, fertiliser, oil and gas exploration companies, … Read more

Israel strikes south Lebanon after soldiers killed, talks continue in Rome

People move an Israeli casualty to an ambulance, as casulaties arrived in a helicopter after being wounded in an explosion in Lebanon, in Haifa, Israel. Photo: Reuters Israel said two of its soldiers were killed in southern Lebanon on Wednesday while Lebanese ​authorities said Israeli retaliatory attacks killed at least one person, a ‌flare-up in … Read more

Google’s $15b India data centre project battles water, wildlife concerns

Activists, children march with banners reading ‘We cannot drink DATA’ in Visakhapatnam A truck at the construction site of the Google-Adani data centre in Tarluvada, Visakhapatnam, Andhra Pradesh, India. Photo: Reuters Work to build Google’s planned Indian data centre hub is in full swing, with a ​hillside above the site stripped to red earth and … Read more

Meta AI model hacks another company during testing

Breaches ​highlight growing concerns that advanced AI systems could pose new cybersecurity risks People are seen behind a logo of Meta Platforms, during a conference in Mumbai, India, September 20, 2023—REUTERS Meta said on Wednesday that one of its AI models hacked another company ​during cybersecurity testing, fanning concerns about how developers can contain increasingly … Read more

OpenAI asks US judge to dismiss Apple’s trade secrets case

‘OpenAI has ​no use, need, or desire for ⁠Apple’s trade secrets,’ lawyers for OpenAI wrote in the motion OpenAI asked a US judge on Wednesday to dismiss Apple’s lawsuit ​accusing it and two former ‌Apple employees of misappropriating the iPhone maker’s trade secrets to benefit the ChatGPT maker’s ​foray into consumer hardware. “OpenAI has ​no use, … Read more

AJK observes Youm-e-Istehsal

MUZAFFARABAD: Azad Jammu and Kashmir (AJK) observed Youm-e-Istehsal-e-Kashmir on Wednesday to mark seven years since India revoked the special constitutional status of Indian Illegally Occupied Jammu and Kashmir (IIOJK), with rallies, protest demonstrations and public gatherings held across AJK. The main event was held in Muzaffarabad where participants took out a protest rally and chanted … Read more

Austria hits record temperature

BUDAPEST: The temperature in Austria climbed to a record high on Wednesday, while Hungarians curbed power use as the latest heatwave and drought took their toll on central and southern Europe. Europe, the world’s fastest warming continent, has been ravaged by record-breaking heat and destructive wildfires this summer, with France and Spain particularly hard hit … Read more

Tension eases as Iran, Oman seal Hormuz deal

• Two countries agree on shipping route • Proposed agreement would give Iran control of inbound traffic • Any contr DUBAI/RIYADH: Iran and Oman have reached an understanding on the geographic coordinates for a shipping route through the Strait of Hormuz, and a joint announcement is being finalised, provided certain third parties do not interfere, … Read more

Toddler dies after suspected rape

In a deeply disturbing incident, a one-and-a-half-year-old girl died after allegedly being sexually assaulted in Qayyumabad, prompting police to arrest a 17-year-old relative as investigations get under way. The tragedy occurred in the densely populated Qayyumabad area, where the child was brought back home in critical condition after allegedly being taken out by a relative … Read more