CATL expands into AI infrastructure with DeepSeek
Chinese battery maker CATL invests in AI infrastructure to extend its business beyond electric vehicle batteries.
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Energy Rates
Dollar weakens as softer inflation data curbs Fed hike bets
The U.S. dollar weakened due to softer-than-expected inflation, while market expectations for a July rate hike from the Federal Reserve have decreased.
NA panel criticises internet quality, calls for improved infrastructure
National Assembly committee expresses concern over poor internet connectivity and calls for improved infrastructure, including renewable energy sources.
Tower Semiconductor invests $3 billion in Japan for AI data center shift
Semiconductor company bets big on Japan for AI data center shift from copper to light.
GEPCO Announces Five-Day Power Shutdown in Gujranwala
Gujranwala Electric Power Company schedules maintenance shutdowns from July 15-29 for repair and development work.
IESCO Announces Scheduled Power Outages for Wednesday
The Islamabad Electric Supply Company has announced planned electricity outages for Wednesday affecting various areas of Pakistan.
Pakistan Commences Fueling International Ships at Gwadar Port
Pakistan has completed its first marine bunkering operation, marking the launch of fuel supply services for international commercial vessels at Gwadar Port
China Exports Over One Million Cars in June, Boosting Trade Surplus
China's car exports hit one million units in June, boosting trade surplus despite US and EU tariffs.
OCAC Urges Government to Act Against Fuel Smuggling
The Oil Companies Advisory Council warns against fuel smuggling, estimating an annual loss of Rs. 280 billion.
PTA Briefs Parliament on 5G Rollout and Telecom Challenges
Pakistan Telecommunication Authority informs parliamentary panel about initial rollout of 5G services, existing infrastructure use, and challenges faced by
Trump threatens Iran with new sanctions and maritime blockade
US President Donald Trump announces a new maritime blockade in the Strait of Hormuz amid rising oil prices due to ongoing tensions.
Trump Abandons Hormuz Fee Plan, New Strikes Hit Iran
US President Donald Trump withdraws 20% transit fee proposal for Strait of Hormuz as new strikes hit Iran. Oil prices rise slightly.
Iran rejects US toll demands for Strait of Hormuz passage
Tensions rise as Iranian Foreign Minister Abbas Araghchi mocks Trump's proposal, while the US reinstates a blockade on Iranian shipping in the…
IESCO Announces Electricity Suspension for Routine Maintenance
The Islamabad Electric Supply Company (IESCO) has announced a series of scheduled power outages for Tuesday, affecting various areas in Islamabad, Rawalpin
Trump renews Iran blockade, demands 20% tariff on Hormuz shipping
US President Donald Trump has reimposed a naval blockade and demanded a 20% tariff for all cargoes passing through the strait of…
Colorado Voters to Decide on ‘Right to Natural Gas’
A ballot measure could amend Colorado’s Constitution to protect fossil fuel companies' rights. Voters will decide in November.
Pakistan’s Car Sales Soar by 39% in FY2025-26
Car sales in Pakistan increased by 39% during FY2025-26, driven by stronger consumer purchasing power and improved auto financing schemes.
Trump reinstates US blockade of Strait of Hormuz after Iran attacks
President Trump announces the reinstatement of a US blockade on Iranian shipping in the Gulf, following new missile and drone attacks by…
Iranian and US attacks escalate in Middle East
US and Iranian forces have launched the heaviest strikes since April, causing concern over regional tensions and oil prices.
Costa Rica Hosts Revitalized Media Market
Costa Rica’s Film Commission organizes a two-day media market conference and fam tours from July 14-15.