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Thatta Cement Company Limited has entered into a definitive agreement with Fauji Foundation in connection with the proposed restructuring of Pakistan Services Limited, which owns and manages the chain of Pearl Continental (PC) Hotels. The cement maker disclosed the development in a filing to the Pakistan Stock Exchange
BEIJING: A Chinese university with deep ties to the People’s Liberation Army bought Nvidia’s powerful H200 AI chips last month despite being on a US export blacklist, procurement records show, highlighting gaps in Washington’s efforts to curb China’s access to advanced technology. The findings come as Nvidia and its
The Asian Development Bank (ADB) has approved contingent disaster financing (CDF) facilities totalling $500 million under its policy-based lending to help Pakistan to withstand and respond to disasters. The CDF will provide prompt budget support following eligible disaster events to help reduce the economic and fiscal
Pakistan Petroleum Limited (PPL), one of the country’s largest E&P companies, plans to drill a 6,000-metre exploratory well at its Sui field in fiscal year 2027-28, targeting an initial 2 trillion cubic feet (TCF) of gas, as the company steps up exploration efforts to offset declining output from mature fields. The dev
SANT’AGATA BOLOGNESE: Italian sports car manufacturer Lamborghini said that the conflict in the Middle East was no longer disrupting deliveries to the region, but the Volkswagen-owned luxury brand warned that the outlook remained highly uncertain. “September and October saw an improvement in our ability to deliver th
Shaikha Robo Securities (Pvt.) Ltd., an SECP-licensed Securities Advisor, has launched Tijori Robo Investing, a digital robo-advisory platform designed to help retail investors in Pakistan build and manage long-term investment portfolios through a structured, technology-led approach. Tijori Robo Investing combines inve
The second match in the two-Test series between Pakistan and Sri Lanka next week has been moved to Rawalpindi from Lahore due to worsening smog, the Pakistan Cricket Board said on Tuesday. Rawalpindi is currently hosting the series opener, with the second match to be played from November 17-21 as scheduled. Laho
LONDON: England captain Harry Kane is set to cap his golden year by breaking the Three Lions’ appearance record in Thursday’s Nations League clash with Croatia. When Kane leads England out at Wembley to earn his 126th cap, he will surpass the previous record held by former goalkeeper Peter Shilton since 1990. It will b
NEW DELHI: India’s air pollution monitors were overwhelmed this week by toxic smog so severe that concentrations exceeded their upper measurement limit, equivalent to 66 times the World Health Organization’s recommended daily maximum, regulators said. The admission comes after opposition politicians accused authorities
RAWALPINDI: Fifties from Dhananjaya de Silva and Kamindu Mendis helped Sri Lanka reach 221-4 at lunch on day three of the opening Test against Pakistan in Rawalpindi on Wednesday. After resuming at 114-3, De Silva was on 87 after reaching his 21st half-century, while skipper Kusal Mendis was 21 not out, leaving the tou