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OpenAI CEO says ‘optimistic’ on global AI coordination

TOKYO: The CEO of ChatGPT maker OpenAI on Monday said a tour of capital cities had left him “quite optimistic” about...

Published 12 Jun, 2023 12:01pm

Technology

White House calls in tech firms to talk AI risks

WASHINGTON: The White House plans to meet with top executives from Google, Microsoft, OpenAI and Anthropic on...

Published 03 May, 2023 12:25pm

Technology

Samsung bans use of ChatGPT for mobile, appliances staff

SEOUL: Samsung Electronics is banning employees in its mobile and appliances division from using generative AI...

Published 02 May, 2023 03:14pm

Technology

Microsoft signs 10-year deal with Spain’s Nware after UK blocks Activision bid

Microsoft Corp said on Friday it signed a 10-year deal with Nware to bring Xbox and Activision Blizzard games to the...

Published 28 Apr, 2023 06:34pm

Technology

Microsoft says EU more attractive after UK blocks deal

LONDON: Microsoft on Thursday said the European Union was “more attractive” for businesses than post-Brexit Britain...

Published 27 Apr, 2023 05:21pm

Markets

Nasdaq climbs as investors cheer Microsoft, Alphabet results

NEW YORK: The tech-heavy Nasdaq advanced on Wednesday as strong results from Microsoft and Alphabet offset concerns...

Published 27 Apr, 2023 06:24am

Technology

UK blocks Microsoft $69bn Activision deal over cloud gaming concerns

LONDON: Britain will block Microsoft’s $69 billion acquisition of “Call of Duty” maker Activision Blizzard over its...

Published 26 Apr, 2023 06:02pm

World

Elon Musk says he will launch rival to Microsoft-backed ChatGPT

SAN FRANCISCO: Billionaire Elon Musk said on Monday he will launch an artificial intelligence (AI) platform that he...

Published 18 Apr, 2023 10:37am

Markets

S&P 500 inches higher ahead of inflation data

NEW YORK: The benchmark S&P 500 edged higher on Tuesday, with economy-sensitive energy and material stocks...

Published 12 Apr, 2023 06:11am

Business & Finance

Meta plans to cut thousands of jobs as soon as this week

Meta Platforms Inc will cut thousands of jobs as soon as this week in a fresh round of layoffs, Bloomberg News...

Updated 07 Mar, 2023 09:10pm

Markets

Wall Street tumbles as rising yields pressure growth stocks

NEW YORK: Wall Street’s main stock indexes fell on Tuesday, dragged down by megacap names, after data showing a...

Published 22 Feb, 2023 03:30am

Technology

Baidu to finish testing ChatGPT-style project ‘Ernie Bot’ in March

BEIJING: China’s Baidu Inc said on Tuesday it would complete internal testing of a ChatGPT-style project called...

Published 07 Feb, 2023 10:36am

Technology

China’s Baidu to launch ChatGPT-style bot in March

BEIJING: Chinese internet search major Baidu Inc is planning to launch an artificial intelligence (AI) chatbot...

Published 30 Jan, 2023 09:16am

Technology

Microsoft cloud outage hits users around the world

Microsoft Corp said on Wednesday it had recovered all of its cloud services after a networking outage took down its...

Published 25 Jan, 2023 10:02pm

World

Microsoft to invest more in OpenAI as tech race heats up

Microsoft Corp said on Monday it would invest more in OpenAI, staking its future on the startup and tech behind the...

Published 23 Jan, 2023 08:31pm

Technology

Google parent to lay off 12,000 workers in latest blow to tech sector

Google’s parent Alphabet Inc is eliminating about 12,000 jobs, or 6% of its workforce, the company said Friday, in...

Updated 20 Jan, 2023 04:11pm

Markets

Wall St subdued as signs of tight labour market fuel rate hike concerns

New YORK: Wall Street’s main indexes were subdued on Wednesday as data showed US job openings fell less than...

Published 05 Jan, 2023 05:58am

Markets

Wall St rises on boost from growth stocks

NEW YORK: Wall Street’s main indexes rose on Wednesday, boosted by a rebound in growth stocks as US Treasury ...

Published 29 Dec, 2022 05:59am

Markets

Growth stocks boost Wall Street ahead of Fed minutes

NEW YORK: Wall Street’s main indexes rose on Wednesday as growth stocks gained after a mixed bag of economic data...

Published 24 Nov, 2022 04:28am

Markets

Wall St shoots up as cooling inflation spurs hopes of smaller rate hikes

The tech-heavy Nasdaq led a rally on Wall Street's main indexes on Thursday as signs of cooling consumer prices in...

Published 10 Nov, 2022 11:35pm

Life & Style

Paul Allen’s art collection tops $1bn at Christie’s

NEW YORK: Paintings and sculptures from the collection of late Microsoft co-founder Paul Allen were auctioned off...

Published 10 Nov, 2022 11:52am

Business & Finance

Meta to cut more than 11,000 jobs in one of the biggest layoffs this year

Meta Platforms Inc said on Wednesday it will let go of 13% of its workforce, or more than 11,000 employees, in one...

Updated 09 Nov, 2022 06:10pm

Markets

Nasdaq rises as battered growth stocks show recovery signs

NEW YORK: The Nasdaq index moved higher in early session on Monday as beaten-down growth stocks tried to stage a...

Published 27 Sep, 2022 04:06am

Markets

Wall Street in the red as Fed worries persist

NEW YORK: Wall Street’s main indexes slipped on Tuesday as a stronger-than-expected reading on the US services...

Published 07 Sep, 2022 04:13am

Markets

Wall Street extends recent gains, led by megacaps

NEW YORK: U.S. stocks were higher in afternoon trading on Monday, adding to recent strong gains, with megacap growth...

Published 16 Aug, 2022 12:21am

Markets

Dow rises at start of big earnings week, Big Tech pulls Nasdaq lower

NEW YORK: The Dow rose on Monday as investors braced for a Federal Reserve meeting during the week and earnings from...

Published 26 Jul, 2022 04:31am

Markets

Nasdaq boosted by growth stocks after Netflix’s upbeat forecast

NEW YORK: The Nasdaq gained nearly 2% on Wednesday after a positive forecast from Netflix added to largely upbeat...

Published 21 Jul, 2022 05:40am

Business & Finance

Netflix names Microsoft as partner for ad-supported subscription plan

Netflix Inc said on Wednesday it has selected Microsoft Corp as technology and sales partner for its planned...

Published 14 Jul, 2022 01:03am

Markets

Wall St slides as strong jobs data fuels rate hike worries

NEW YORK: Wall Street’s main indexes slipped on Friday after stronger-than-expected jobs data fueled expectations...

Published 09 Jul, 2022 03:57am

Markets

Wall Street sinks as recession fears ripple through markets

NEW YORK: US stock indexes tumbled on Thursday, with high-profile tech shares leading the rout, after the Federal...

Published 17 Jun, 2022 06:37am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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