Crown Electric Mobility Launches Spark at EV’s World Expo 2026
Crown Electric Mobility unveils its new electric bike, Spark, at EV's World Expo 2026 in Lahore, designed for efficient daily commuting and…
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Global Markets
Karachi Startup Launches AI Assistant for WhatsApp Business Groups
Digital Tribe launches Myyna, an AI assistant that operates within existing WhatsApp groups to improve business communication and efficiency.
Novo Nordisk Names Mehtaz Sultan Khan as General Manager for Pakistan
Novo Nordisk has appointed Mehtaz Sultan Khan as General Manager for Pakistan, following the launch of an innovative obesity therapy.
SECP Launches Reform Initiative for Corporate Debt Market
The Securities and Exchange Commission of Pakistan has established a high-level working group to improve corporate debt issuance processes.
Tesla CEO Musk adopts cautious tone on driverless vehicles
Tesla CEO Elon Musk now speaks with caution about the future of its autonomous vehicle technology.
Yuan Holds Steady Despite Weaker PBOC Fixing
China's yuan remains stable despite weaker midpoint guidance from the People’s Bank of China.
Pakistan’s Auto Policy Fails to Benefit Ordinary Car Buyers
Critics argue that Pakistan's current automobile policy disproportionately benefits premium vehicles, while ordinary buyers bear the full tax burden.
JK Spinning Mills Expands Renewable Energy with 8MW Solar Capacity
J.K. Spinning Mills Limited has expanded its renewable energy footprint by adding 8 MW of solar power capacity to reduce carbon footprint…
Amazon’s AI investment drags on cash flow
Amazon's second-quarter results show market-beating earnings but negative free cash flow due to increased AI and cloud infrastructure spending.
Team Group profits soar over 200 times
Memory module maker Team Group reports record profits as DRAM shortage persists.
Kinsus increases spending amid tight IC substrate supply
IC substrate supplier Kinsus is expanding due to tight global supply and strong demand.
MediaTek advances SerDes 448G for cloud AI interconnects
MediaTek reports that its work on the advanced SerDes 448G specification for cloud AI interconnects is approximately halfway complete.
Cotton Production Surges by 32% Amid Imports
Phutti arrivals at ginning factories increased by 32.33%, with Sindh recording a record 66.82% increase, despite recent monsoon rains.
CXMT listing raises concerns over DRAM market
CXMT's public listing raises concerns over its potential disruption in the global DRAM market.
PSMA Urges Government to Approve Sugar Exports
The Pakistan Sugar Mills Association requests government approval to export surplus sugar, citing concerns for sugarcane farmers and industry sustainabilit
EU Enforces New AI Transparency Rules
The EU's landmark AI Act came into effect on August 2nd, requiring companies to disclose when people are interacting with AI models.
Gold prices rise sharply in Pakistan
Gold prices have increased by Rs 1,7000 per tola and Rs 1,457 for 10 grams of gold. Global markets also show similar…
Global Oil Prices Fall, But Relief Elusive for Pakistan
Despite global oil price drops, Pakistani consumers unlikely to see immediate relief due to fixed dealer margins.
New CEO Toni Schneider Puts Focus on Open Ecosystem for Bluesky
New CEO Toni Schneider discusses his vision for Bluesky, an open and interoperable social media platform.
American Bitcoin Reports Second-Quarter Loss Amid Crypto Market Volatility
American Bitcoin, backed by Trump sons, reports a $57.2 million loss amid crypto market volatility.