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US FDA approves Gilead's liver disease drug

The U.S. Food and Drug Administration on Wednesday approved Gilead Sciences' liver disease treatment, Livdelzi, ...

Published 14 Aug, 2024 10:23pm

IT and Computers

Pakistan to miss IT export target unless human talent is developed: VP Emeritus

IT exports stand at mere $1.52 billion in first seven months of fiscal year 2023

Published 18 Mar, 2023 08:27pm

IT and Computers

Pakistan's edtech startup Maqsad says it has raised $2.8mn in seed funding

Funding takes its total capital raised to $4.9mn

Published 16 Mar, 2023 01:33pm

Telecommunication

Play Tests not T20s in business, IT sector stalwarts advise startups

KARACHI: IT sector stalwarts have advised startup founders to play the long game and avoid going for the quick buck,...

Published 24 Aug, 2022 09:17pm

IT and Computers

Pakistan's software developers emerging among top choices for US-based companies: Turing CEO

Siddharth says company focused on South Asia with Pakistani IT professionals high on its radar

Updated 02 Aug, 2022 10:59pm

IT and Computers

US-based Turing eyes Pakistan's software engineers as it expands in South Asia

Turing, an information technology company that enables businesses to hire software engineers from around the world,...

Published 30 Jun, 2022 08:48pm

IT and Computers

PSEB appoints AKD Securities as financial advisor for enlistment of 8 IT/ITES companies

The Pakistan Software Export Board (PSEB) has appointed AKD Securities Limited as financial advisor for the first...

Published 19 Mar, 2022 04:20pm

IT and Computers

Women Tech Quest 2022: coding their way to inclusivity

Digital development company organises coding, design and testing competition

Published 15 Mar, 2022 11:54pm

IT and Computers

PM approves incentive package for IT sector, freelancers

Public-private partnership venture capital fund also given go-ahead

Published 22 Feb, 2022 08:41pm

IT and Computers

PUBG Mobile Pro League MENA & South Asia Championship concludes

The first-ever cross-region pro-level tournament in the form of PUBG MOBILE Pro League MENA & South Asia...

Published 27 Nov, 2021 07:42pm

IT and Computers

Yahoo leaves China for good, cites ‘challenging’ environment

SHANGHAI: Yahoo said it had stopped allowing its services to be accessible from China "in recognition of the...

Updated 02 Nov, 2021 05:42pm

IT and Computers

Apple announces lossless Apple Music for Free

Apple announced that its Apple Music will be receiving two major updates in the coming June: support for high-quality, lossless audio and new Spatial Audio with Dolby Atmos feature.
This new feature will be available for free to all subscribers.

Updated 17 May, 2021 08:13pm

IT and Computers

Xiaomi surpasses Apple in Europe due to Impressive Growth

Xiaomi has surpassed Apple in terms of market share in Europe.
Xiaomi now accounts for 23 percent share of the European region as compared to Apple's 19 percent and witnessed impressive 85 percent year-on-year growth in Europe as compared to Apple's 22 percent.

Updated 08 May, 2021 05:37pm

IT and Computers

Microsoft has always sold Xbox consoles at a loss

Microsoft does not earn any profit on sales of Xbox consoles alone, according to a Microsoft executive during the Epic Games v. Apple trial on Wednesday.

Published 07 May, 2021 12:56pm

IT and Computers

Samsung's best phone ever officially retires after its last security update

Samsung has officially ended its android support for its known smartphone Galaxy 8.
Launched in the Spring of 2017, Samsung's favourite phone received its last security update four years after its release.

Updated 05 May, 2021 02:37pm

IT and Computers

HP commits to reducing its emissions by half this decade

HP has pledged to reduce its greenhouse gas emissions by half during this decade.
The company hopes to reach net zero emissions by 2040 and push its suppliers towards more environment-friendly practices as well.

Updated 20 Apr, 2021 08:29pm

IT and Computers

PlayStation 5 sets a sales record in the US

The PlayStation 5 becomes the hottest console in the market by setting a new sales record in the United States for units sold in the first five months of its launch.

Published 17 Apr, 2021 07:27pm

IT and Computers

United Mobile Becomes OnePlus' First Official Distributor in Pakistan

United Mobile has joined hands with OnePlus to become its first official distributor in Pakistan.
OnePlus will be officially launched by United Mobile in Pakistan on the 19th of April, 2021.

Updated 16 Apr, 2021 07:42pm

IT and Computers

Sony Launches Two New Smartphones: Xperia 1 III & Xperia 5 III

Sony has finally unveiled two new smartphones: Xperia 1 III and Xperia 5 III.
Sony Xperia 1 III is the more premium offering with its slightly taller and heavier design, whereas Xperia 5 III provides the same experience in a more compact design.

Updated 14 Apr, 2021 08:01pm

IT and Computers

Galaxy S21 sales flourish in the US, thrice as much as S20’s

First-month sales of Samsung Galaxy S21 in the US were almost thrice of those of its S20 predecessor.
Galaxy S21 Ultra constituted around 40 percent of the S21 lineup sales.

Published 23 Mar, 2021 06:14pm

IT and Computers

LG might shut down its smartphone business

LG might shut down its smartphone business after unsuccessful attempts at selling it.
The company will inform its workforce about this decision next month.

Published 23 Mar, 2021 05:54pm

IT and Computers

Samsung working on a double-folding phone to add to its foldable lineup

Samsung is working on a third foldable phone with double-folding after Galaxy Z Fold and Z Flip.
The new phone is expected to be revealed around the end of this year.

Updated 23 Mar, 2021 02:19pm

IT and Computers

OnePlus Watch revealed earlier than its March 23rd launch event

The OnePlus Watch gets an early reveal ahead of its launch event on the 23rd of March, 2021.
The OnePlus watch looks similar to other smartwatch designs

Published 20 Mar, 2021 05:19pm

IT and Computers

OnePlus is bringing the 50MP ultra-wide camera to its OnePlus 9 series

OnePlus confirms that this new series will feature a 50MP ultra-wide camera.

Published 10 Mar, 2021 02:19pm

IT and Computers

Google to stop using browser history for ad targeting

Google made a surprising announcement that it will stop using its users' browsing history for ad tracking.

Published 04 Mar, 2021 12:05pm

IT and Computers

Huawei Mate X2 teaser hints at a new folding screen design

Huawei's teaser for its Mate X2 folding phone hints at a new folding screen design on Weibo.

Published 18 Feb, 2021 06:22pm

IT and Computers

Amazon to open its first Fire TV manufacturing line in India

Amazon announced today that it will be opening its first manufacturing line for Fire TV devices in India.

Published 17 Feb, 2021 02:48pm

IT and Computers

Xiaomi Mi 11 Ultra comes with a water-resistant flagship & rear screen

Xiaomi, launched its Mi 11 Ultra this month with water resistant features and a rear screen - never before seen in smartphones.

Published 13 Feb, 2021 11:11am

IT and Computers

Facebook to build an Android-powered smartwatch

Facebook could be secretly working on an android-powered smartwatch as part of its growing hardware ecosystem.

Published 13 Feb, 2021 10:23am

IT and Computers

Google tests dark mode for desktop search

Google is testing a dark mode for its desktop search on Windows 10 and macOS.

Updated 11 Feb, 2021 05:56pm

IT and Computers

Google adds heart & respiratory rate monitors to Pixel Phones

Pixel phones will now be able to read your heart and respiratory rates with their cameras.

Published 05 Feb, 2021 03:35pm

IT and Computers

Samsung Galaxy Z Flip 5G becomes the lowest priced foldable phone

Samsung slashes the price for its Galaxy Z Flip 5G by $250.

Published 02 Feb, 2021 09:13am

IT and Computers

Chevron falls to fourth-quarter loss on weak refining, charges

Oil companies are expected to benefit from a bounce-back in oil and gas prices after a one-two punch of falling demand and prices put the industry in a tailspin last year.
While we're optimistic about vaccines and getting on a pathway to recovery, we're not there right now,

Published 29 Jan, 2021 07:49pm

IT and Computers

World's Most Dangerous Malware Botnet Defeated

After two years of efforts, the FBI, Europol, UK's National Crime Agency and others were able to effectively take down Emotet, the biggest malware botnets in the world.

Published 28 Jan, 2021 05:47pm

IT and Computers

Eli Lilly to test COVID-19 antibody treatment with Vir Biotech's drug

The collaboration marks the first time that monoclonal antibodies from separate companies will be tested together, the companies said.

Updated 27 Jan, 2021 11:23pm

IT and Computers

Apple warns iPhone 12 and MagSafe Users to stay away from Pacemakers

Apple warns users of iPhone 12 and MagSafe accessories to maintain a distance of more than 6 inches away from implanted medical devices like pacemakers.

Updated 25 Jan, 2021 08:18pm

IT and Computers

French media group Vivendi raises stake in Spanish rival Prisa to 9.9%

Beleaguered Prisa, which is struggling with a huge debt pile, is controlled by activist fund Amber Capital which is led by French investor Joseph Oughourlian.

Published 25 Jan, 2021 12:19pm

IT and Computers

Microsoft reverses its controversial Xbox Live price hike

Microsoft has announced that it will be reversing the controversial increase in the price for Xbox Live.

Published 23 Jan, 2021 05:41pm

IT and Computers

Pandemic-driven cleaning routines boost P&G sales forecast again

The company's shares rose 2% before the opening bell.
P&G said it expects full-year sales to rise 5% to 6%, compared with a prior forecast of a 3% to 4% increase.

Published 20 Jan, 2021 06:01pm

IT and Computers

Staples offers $2.1bn cash to buy Office Depot parent

The US Federal Trade Commission blocked Staple's $6.3 billion offer in 2016, saying a merger between the two could reduce competition for nationwide contracts for office supplies.
Staples said it is prepared to take "all necessary measures" to divest ODP's B2B Business to a FTC approved and qualified buyer.

Published 11 Jan, 2021 07:55pm

IT and Computers

China's factory activity likely sustained strong expansion in Dec

"China Beige Book data continue to show a less robust recovery than official statistics," said Leland Miller, the CEO of the US-based consultancy, in a statement released alongside the survey results.

Published 29 Dec, 2020 12:09pm

IT and Computers

Moderna, McKesson and US Army general begin rolling out new COVID vaccine

Moderna has already moved vaccines from its manufacturing plants to warehouses operated by distributor McKesson Corp where they are being packed into containers and loaded on to trucks on Saturday.
The Food and Drug Administration on Friday approved an emergency use authorization for Moderna's vaccine.

Published 20 Dec, 2020 12:28am

IT and Computers

Brazil's Petrobras sees oil exports, asset sales accelerating over 5 years

In a virtual presentation to investors during the firm's annual Petrobras Day, Petroleo Brasileiro SA, as the company is formally known.
Crude exports, however, should climb to an average of 891,000 bpd from the 445,000 bpd.

Published 01 Dec, 2020 12:41am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 3	278.63
USD PKR Interbank Buying / Jan 3	27,843
USD to Japanese Yen / Jan 3	157.26
USD to Swiss Franc / Jan 3	0.91
Pound Sterling to USD / Jan 3	1.24
Euro to USD / Jan 3	1.03

Stock	Volume
S&P 500 / Jan 3	5,942.47
India Sensex / Jan 3	79,223.11
Tokyo Nikkei / Jan 3	39,894.54
Nasdaq / Jan 3	19,621.68
Hang Seng / Jan 3	19,760.27
FTSE 100 / Jan 3	8,223.98
Dow Jones / Jan 3	42,732.13
Germany DAX 30 / Jan 3	19,906.08

Item	Value
Crude Oil USD/Barrel / Jan 3	73.96
Gold 10 Grams PKR / Jan 3	243,488.40
Gold Spot USD/Ounce / Jan 3	2,640.22
Cotton US¢/pound / Jan 3	67.66
Karachi Cotton PKR/37.32 KG / Jan 4	18,285
Petrol/Litre / Jan 5	252.66

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Jan 3 Tri-Star Power Limited(TSPL)	6.87 ▲ 1.00 (17.04%)
Dewan Textile / Jan 3 Dewan Textile Mills Limited(DWTM)	7.50 ▲ 0.70 (10.29%)
Pak Gulf Leasing / Jan 3 Pak-Gulf Leasing Company Limited(PGLC)	28 ▲ 2.55 (10.02%)
Asim Textile / Jan 3 Asim Textile Mills Limited(ASTM)	14.72 ▲ 1.34 (10.01%)
Bannu Woollen / Jan 3 Bannu Woollen Mills Limited(BNWM)	39.34 ▲ 3.58 (10.01%)
Ali Asghar / Jan 3 Ali Asghar Textile Mills Limited(AATM)	87.12 ▲ 7.92 (10.00%)
AL-Ghazi Tractors / Jan 3 Al-Ghazi Tractors Limited(AGTL)	692.63 ▲ 62.97 (10.00%)
Arpak Int. / Jan 3 Arpak International Investments Ltd.(ARPAK)	76.89 ▲ 6.99 (10.00%)
Chakwal Spinning / Jan 3 Chakwal Spinning Mills Limited(CWSM)	79.30 ▲ 7.21 (10.00%)

Stock	Price
Khairpur Sug. / Jan 3 Khairpur Sugar Mills Limited(KPUS)	165.85 ▼ -18.43 (-10.00%)
Pak Paper Prod / Jan 3 Pakistan Paper Products Limited(PPP)	163.24 ▼ -18.14 (-10.00%)
Jubilee Spinning / Jan 3 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▼ -1.19 (-9.92%)
National Silk / Jan 3 The National Silk & Rayon Mills Limited(NSRM)	49.96 ▼ -5.48 (-9.88%)
Al-Khair Gadoon / Jan 3 Al-Khair Gadoon Limited(AKGL)	37.50 ▼ -3.95 (-9.53%)
Escorts Bank / Jan 3 Escorts Investment Bank Limited(ESBL)	6.22 ▼ -0.63 (-9.20%)
Intermarket Securities / Jan 3 Intermarket Securities Limited(IMS)	67.01 ▼ -6.76 (-9.16%)
Premium Textile / Jan 3 Premium Textile Mills Limited(PRET)	365.10 ▼ -34.90 (-8.72%)
Shahzad Tex. / Jan 3 Shahzad Textile Mills Limited(SZTM)	27.30 ▼ -2.57 (-8.60%)

Stock	Volume
Fauji Foods Ltd / Jan 3 Fauji Foods Limited(FFL)	89,478,727 ▲ 0.26
WorldCall Telecom / Jan 3 Worldcall Telecom Limited(WTL)	72,529,816 ▼ -0.06
Telecard Limited / Jan 3 Telecard Limited(TELE)	61,073,411 ▼ -0.38
Cnergyico PK / Jan 3 Cnergyico PK Limited(CNERGY)	56,752,893 ▲ 0.01
Fauji Cement / Jan 3 Fauji Cement Company Limited(FCCL)	54,319,935 ▼ -2.12
Pace (Pak) Ltd. / Jan 3 Pace (Pakistan) Limited(PACE)	47,336,133 ▲ 0.00
K-Electric Ltd. / Jan 3 K-Electric Limited(KEL)	47,012,733 ▼ -0.21
B.O.Punjab / Jan 3 The Bank of Punjab(BOP)	37,387,280 ▲ 0.11
Bank Makramah / Jan 3 Bank Makramah Limited(BML)	34,237,257 ▲ 0.25

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