Business
The UK economy grew by a faster-than-expected 0.3% in November after car production rebounded and the services sector got a boost. Industrial output rose by 1.1% in the month, the Office for National Statistics (ONS) said, helped by a return to production at Jaguar Land Rover’s facilities. November’s growth figure was stronger than analysts’ expectations…
Oil prices plunged on Thursday after fears over instability in Iran were eased by comments from US President Donald Trump. West Texas Intermediate dropped 3.0 percent to $60.16 per barrel while Brent crude was down 2.93 percent to $64.57, after Trump said he had been told the killings of protesters in Iran had been halted….
At current prices, the looted gold is worth around $70 million. PHOTO: PIXABAY Gold prices recorded a sharp decline in both global and local markets on Thursday, pulling back after recent gains, while silver prices also edged lower. In the international bullion market, the price of gold fell by $37 per ounce to $4,601, ending…
Goldman Sachs CEO David Solomon speaks during an interview at the Economic Club of Washington in Washington, D.C., U.S., Oct. 30, 2025. Kevin Lamarque | Reuters Goldman Sachs is scheduled to report fourth-quarter earnings before the opening bell Thursday. Here’s what Wall Street expects: Earnings: $11.67 per share, according to LSEG Revenue: $13.79 billion, according…
Last Updated:January 15, 2026, 08:43 IST X decision came after facing outrage over the misuse of Grok, where the AI Chatbot was found to be complying with user requests to digitally undress images of real people. Elon Musk’s Grok can no longer undress images of real people on X. (Representative Image) Amid the rising concerns…
Stellantis CEO Antonio Filosa speaks during an event in Turin, Italy, Nov. 25, 2025. Daniele Mascolo | Reuters DETROIT — Stellantis CEO Antonio Filosa views 2026 as an execution year for the embattled maker of Jeep, Ram and Dodge vehicles in the U.S. after years of market share declines. Filosa has been undertaking a turnaround…
California’s top prosecutor has launched an investigation into the spread of sexualised AI deepfakes generated by Elon Musk’s AI model Grok. Attorney General Rob Bonta said in a statement announcing the probe: “The avalanche of reports detailing the non-consensual, sexually explicit material that xAI has produced and posted online in recent weeks is shocking.” xAI,…
KARACHI: Pakistan’s broad money (M2) supply rose to Rs41.63 trillion, registering a week-on-week increase of Rs346 billion. On a fiscal year-to-date basis, M2 has expanded by Rs838 billion, while the calendar year-to-date growth stands at Rs346 billion. On an annual basis, the broad money recorded a substantial rise of Rs6.01 trillion, supported by higher deposit…
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails A planned strike by civilian staff in London’s Metropolitan Police has been suspended after a new offer was made aimed…
Saks Global, the parent company behind the 159-year-old department store that’s become both a destination and a symbol for luxury fashion, filed for Chapter 11 bankruptcy protection on Wednesday after an unsustainable debt pile crushed its business. The company also announced former Neiman Marcus CEO Geoffroy van Raemdonck will immediately take over as chief executive,…