Anthropic and Hg Collaborate to Establish AI Consultancy in Europe
LONDON: Anthropic, a leading AI safety and research company, has announced a strategic partnership with Hg, a prominent software and services investor, to launch...
Business
OpenAI Partners With Google Cloud to Expand Enterprise AI Model Access
SAN FRANCISCO: Artificial intelligence pioneer OpenAI has announced a landmark strategic partnership with Google Cloud, enabling the cloud provider to host and sell OpenAI’s...
PTCL Group Reports Rs4.7 Billion Profit Amid Rising Revenues
ISLAMABAD: PTCL Group has announced a net profit of Rs4.7 billion for the July-September 2026 period, with revenues surpassing Rs304 billion. This significant financial...
FBR Launches Digital Auction System for Seized Goods in Pakistan
ISLAMABAD: The Federal Board of Revenue (FBR) has launched an innovative electronic auction system aimed at streamlining the disposal of seized and confiscated goods....
Pakistani Tech Firms Target US Market Amid Immigration Challenges
WASHINGTON: Pakistani technology companies are actively pursuing opportunities to expand their business with American clients by offering specialized services and products, as evolving US...
Government Housing Loans Boost Real Estate Sector Amid Ongoing Crisis
KARACHI: The real estate sector in Pakistan is experiencing a resurgence, largely driven by government housing loans aimed at stimulating construction and addressing a...
L’Oreal CEO Highlights Impact of Weight Loss Drugs on Beauty Sales
PARIS: L’Oreal’s CEO has announced that the rising popularity of weight loss drugs, particularly GLP-1 medications, is significantly affecting the company’s beauty and skin...
Barclays Bank Announces Layoff of 5,000 Employees Amid AI Integration
LONDON: Barclays Bank has announced plans to cut 5,000 jobs this year, representing approximately 5% of its global workforce. This decision comes as the...
Tesla Shares Decline as Spending Cuts Cast Doubt on AI and Robotics Plans
CALIFORNIA: Tesla’s stock price has dropped significantly following the company’s announcement of spending cuts that have raised concerns about its future investments in artificial...
Pakistan Aims for Renewed EU GSP+ Status Starting January 2027
ISLAMABAD: Pakistan is set to pursue a renewed Generalized Scheme of Preferences Plus (GSP+) status from the European Union, effective January 2027, as part...