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The government raised Rs680 billion through the auction of Market Treasury Bills on Wednesday, falling short of the Rs800 billion target even as banks and investors submitted bids worth Rs2.77 trillion. The State Bank of Pakistan (SBP) accepted papers across four tenors at a weighted average yield of 11.60%. Demand was heavily skewed towards shorter … Read more
Uber and the British start-up Wayve are the latest to start testing autonomous cars in one of the world’s largest markets for ride-hailing services.
Amodei’s AI vision faces questions over surveillance, user control and the political influence of frontier AI firms Anthropic CEO Dario Amodei has offered one of the most optimistic visions of artificial intelligence, predicting that if powerful AI develops in the right direction, the world could become “stunningly beautiful” — with many diseases cured, human lifespans … Read more
Tropical Storm Marie has caused a frenzy in Southern California this week. Forecasters said it will almost certainly stay far offshore.
Singer also weighs in on AI’s role in music, saying it could replicate singing but not personal nature of composition Atif Aslam has once again drawn a distinction between Coke Studio Pakistan and Coke Studio Bharat, saying the Pakistani version has a certain “jaadoo” (magic) that its Indian counterpart lacks. The singer made the comments … Read more
ISLAMABAD: The legal counsel of Roosevelt Hotel has informed Pakistan’s government that chances of success in filing a petition against the arbitration award are 1%, which is forcing Islamabad to look for an amicable settlement. The counsel has delineated three options, which include accepting the arbitration award, which will cost $11 million and entail additional … Read more
Beijing and Washington are preparing for the possibility of conflict extending into space Militaries now view satellites as weapons systems, amid mounting space threats. US Space Force personnel monitor orbital operations from a military base in California in December. — REUTERS In June, a secretive unmanned Chinese spaceplane closely monitored by US military analysts released … Read more
Fifth edition will visit Islamabad, Sialkot and Jamshoro/Hyderabad, with the film lineup yet to be announced The European Film Festival (EUFF) is set to return to Pakistan this month for its fifth edition, expanding to two new host cities as it brings European cinema to audiences across the country. The Delegation of the European Union … Read more
‘Naza’, a documentary about Israeli forces’ killing of civilians in Gaza, scheduled to be highlight of this year’s VENICE: The Venice Film Festival kicked off on the sun-splashed Lido with a bang on Wednesday, with the glamorous cinema showcase poised to hand George Clooney a lifetime achievement award on its opening night. The charismatic 65-year-old … Read more
Gold held in New York and Ottawa was transferred to London between March and August as part of crisis preparedness Netherlands moves 86 tonnes of gold from North America to London amid global uncertainty The Dutch central bank has moved 86 metric tonnes of gold reserves from North America to London as part of what … Read more