Abrupt move underscores shift toward coding tools, enterprise focus ahead of potential IPO OpenAI has scrapped its AI video tool Sora, abruptly ending a planned $1 billion deal with Walt Disney Co, in a move that highlights the company’s shift toward more lucrative business areas. On Monday evening, teams from Walt Disney Co and OpenAI … Read more

Outbound occupancy remains 50-60% below inbound as security clearances continue, PAA says no emergency situation LAHORE: Air operations disrupted by the Middle East war have been partially restored. After 25 days, flight operations to and from Doha have also resumed. Flights arriving from Doha are not being dispatched back immediately and are departing only after … Read more

Private think tank index shows hanami food, drink costs have surged 25% since base year of 2020 Global inflation is taking a bite out of Japan’s iconic “hanami” cherry blossom picnics, with an index tracking food and drink costs up 25% since 2020, private think tank Dai-ichi Life Research Institute said on Tuesday. Around late … Read more

ISLAMABAD: Senior All Parties Hurriyat Conference (APHC) leader and Jammu Kashmir Salvation Movement (JKSM) Chairman Altaf Ahmed Bhat has denounced the sentencing of prominent Kashmiri leader Aasiya Andrabi and her associates as politically motivated. They urged the international community to take urgent notice of a deepening pattern of repression in Indian Illegally Occupied Jammu and … Read more

. Residents stand near their apartment buildings hit by a Russian drone strike in the town of Shakhtarske in Dnipropetrovsk region, Ukraine October 19, 2025. Photo: Reuters (file) KYIV: A rare Russian daytime drone attack on Ukraine killed at least three people, wounded 30 and set a building in the centuries-old centre of western Lviv … Read more

North Korean leader Kim Jong Un (C) heading towards the venue for a commemorative performance following the conclusion of the First Session of the 15th Supreme People’s Assembly in Pyongyang. Photo: AFP PYONGYANG: North Korea will never give up nuclear weapons, leader Kim Jong Un said, indicating that it will soon designate South Korea the … Read more

. Mette Frederiksen (L) and Greenland’s prime minister Jens-Frederik Nielsen. Photo: Reuters COPENHAGEN: Danes voted on Tuesday in an election that could hand Prime Minister Mette Frederiksen a third term thanks to her staunch line against US President Donald Trump over Greenland, even though cost-of-living worries have hurt her leftist credentials. Opinion polls show her … Read more

Sugar crisis. (file) Photo ISLAMABAD: The federal government has extended the reduced tax period for sugar imports. In this regard, the Federal Board of Revenue (FBR) has issued a notification amending the sales tax rules. According to the notification, the concession period has been extended from November 2025 to February 28, 2026. The Trading Corporation … Read more

State Bank of Pakistan. Photo: File KARACHI: The State Bank of Pakistan (SBP) on Tuesday cancelled the licences of two exchange companies for violating regulatory instructions, tightening oversight of the foreign exchange market. In separate statements, the central bank said it had revoked, with immediate effect, the authorisation of Al Raj International Exchange Company (Private) … Read more

IMF blocks move to control SOE chiefs. Design: Ibrahim Yahya ISLAMABAD: The International Monetary Fund (IMF) did not accept a request to empower the government to appoint heads of the state-owned entities (SOEs) by withdrawing this authority from their boards, blocking a move that could have again strengthened the grip of the executive on these … Read more