KARACHI: The Pakistan Stock Exchange (PSX) came under sustained pressure during the outgoing week, shedding 2.9%, or nearly 5,110 points, to close at 168,062 amid geopolitical tensions, cross-border security concerns and cautious investor sentiment. The decline coincided with the arrival of an International Monetary Fund (IMF) mission for the third review of Pakistan’s $7 billion…
NASA is preparing to launch a mission to the moon — and it’s making history for more reasons than one. The space agency’s Artemis II launch marks the U.S.’s first journey back to the moon in more than 50 years. It will also carry the first Black astronaut and the first female astronaut to travel…
KARACHI: Gold and silver prices surged in global and local markets on Saturday. In the international bullion market, the price of gold per ounce jumped by $100 to reach $5,278. In the domestic market, the price of gold per tola increased by Rs10,000 to Rs540,562, while the price per 10 grams rose by Rs8,574 to…
President Donald Trump said Friday that he was ordering every U.S. government agency to “immediately cease” using technology from the artificial intelligence company Anthropic. Trump in a Truth Social post said there would be a six-month phase-out for agencies such as the Defense Department, which “are using Anthropic’s products, at various levels.” Defense Secretary Pete…
An American flag flies at Warner Bros. Studio in Burbank, California, on Sept. 12, 2025. Mario Tama | Getty Images The Warner Bros. Discovery board may have enriched its shareholders Thursday when it chose Paramount Skydance‘s acquisition offer over Netflix‘s, but it also terrified a lot of its employees. While some of those people own…
The Paramount logo is displayed above an entrance to Paramount Studios on Feb. 23, 2026 in Los Angeles, California. Justin Sullivan | Getty Images A day after Paramount Skydance emerged as the winner to take over fellow media giant Warner Bros. Discovery, questions are mounting about the companies’ regulatory path forward. The WBD board said…
ISLAMABAD: Value-added textile exporters have flagged upfront taxes, high energy tariffs and liquidity constraints as major hurdles to export growth during a consultative session chaired by Federal Minister for Commerce Jam Kamal Khan. The meeting, held in hybrid mode at the Ministry of Commerce, was attended by chairmen and representatives of a host of textile…
Last Updated:February 27, 2026, 21:10 IST As part of the restructuring, CNBC’s website managing editor Jeff McCracken is expected to exit, the sources said. Representative Image CNBC is set to reorganise its newsroom by bringing its television and digital news operations under a single structure, a move that will lead to the elimination of nearly…
Michael Intrator, Chief Executive Officer of CoreWeave Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 22, 2025. Jeenah Moon | Reuters CoreWeave shares fell 8% in extended trading on Thursday after the artificial intelligence-focused cloud infrastructure provider delivered light revenue…
KARACHI: Gold prices remained stable in both international and local markets on Friday, while silver saw a moderate increase. In the international bullion market, the price of gold per ounce held steady at $5,178. In Pakistan, the price of gold per tola remained unchanged at Rs 540,562, while per 10 grams it stayed at Rs…