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ISLAMABAD: The combined profits of Pakistan’s top 15 state-owned enterprises (SOEs) declined by 15% in the last fiscal year, falling to Rs622 billion, as weak governance, ineffective boards, and delayed audits continued to undermine performance, according to a new report by the Ministry of Finance. The State-Owned Entities (SOEs) Report for FY2024–25, prepared by the…
LOS ANGELES — Sydney Sweeney just set the record straight about the drama surrounding her American Eagle ad. She’s made it clear: she’s not a political figure, and she has no plans to dive into political debates. Talking with Cosmopolitan for their January 29 issue, Sweeney opened up about the mess that exploded online after…
Washington—The Trump administration is making it clear: They want Kevin Warsh as the next leader of the Federal Reserve. A formal announcement is expected Friday. People close to the White House and reports from big media outlets say Trump plans to tap Warsh to replace Jerome Powell, whose term as Fed chair runs out in…
WASHINGTON/BEIJING – President Donald Trump didn’t mince words. He told Britain straight out: getting too close to China on trade is “very dangerous.” Meanwhile, UK Prime Minister Keir Starmer was in Beijing, trying to hit the reset button with Chinese President Xi Jinping. Trump, talking to reporters in Washington, said he sees big risks if…
California: Tesla has announced it will discontinue production of its Model S sedan and Model X SUV, marking a significant strategic shift as the company pivots toward artificial intelligence and robotics. The decision was confirmed by CEO Elon Musk during Tesla’s investor call on Wednesday, where he said the company plans to wind down Model…
Bangladesh’s exclusion from the ICC Men’s T20 World Cup 2026 has triggered debate over the International Cricket Council’s decision-making process, with critics questioning whether India’s financial dominance in global cricket played a role in the outcome. The controversy emerged after the Bangladesh Cricket Board (BCB) refused to play its World Cup matches in India, citing…
PARIS: Paris Men’s Fashion Week is opening against a backdrop of global economic strain, pushing luxury labels toward safer, more commercially focused collections after years of uneven performance across key markets, particularly in China. Unlike recent seasons dominated by headline-grabbing creative shake-ups, this year’s menswear schedule reflects consolidation rather than upheaval. Many fashion houses are…
Silicon Valley / New York: Tech heavyweights Nvidia, Microsoft, and Amazon are in discussions to invest as much as $60 billion in OpenAI, according to a report by The Information, as the artificial intelligence race accelerates and costs surge. The report said Nvidia, an existing OpenAI investor whose advanced chips power many of the company’s…
BEIJING: British Prime Minister Keir Starmer on Thursday signalled a reset in relations with China, calling for a “sophisticated relationship” focused on economic growth and security during high-level talks with Chinese President Xi Jinping. The meeting, held at Beijing’s Great Hall of the People, marked the most important moment of Starmer’s four-day visit the first…
United Nations: Pakistan has reaffirmed its strong support for the establishment of an independent Palestinian state, stressing that Palestinian statehood remains the central objective of international efforts to achieve lasting peace in the Middle East. Addressing a United Nations Security Council open debate on the Palestinian question on Wednesday, Pakistan’s Permanent Representative to the UN,…
