NEW DELHI: BSE and NSE are set to conduct a special trading session in the equity and equity derivative segments today. The purpose of this session is to test their preparedness in handling major disruptions or failures at the primary site. There will be an intra-day switch over from the …
KARACHI: The stabilising Pakistani currency on Friday slightly depreciated to Rs279.19 against the US dollar in the inter-bank market, coming down from over four-month high in the wake of a decline in the central bank’s foreign currency reserves below $8 billion. According to State Bank of Pakistan’s (SBP) data, the …
ISLAMABAD: Local auto vendors are optimistic about the potential growth in demand within the auto industry, foreseeing positive outcomes for the vendor sector in the near future. “Declines in inflation and interest rates, along with increased economic activity with the new government, offer hope for sustainable recovery,” said Syed Nabeel …
KARACHI: Pakistan’s inflation rose to a seven-week high at 1.27% in the week ending February 29, primarily due to the recent significant increase in gas prices by the government, which greatly influenced the short term inflation figures. The weekly SPI (Sensitive Price Indicator) inflation had slowed to 0.04% in the …
OpenAI, the influential artificial intelligence company that ousted and then reinstated its high-profile chief executive three months ago, faces a new drama: a lawsuit from Elon Musk, one of the richest men in the world and a co-founder of the A.I. lab. Mr. Musk sued OpenAI and its chief executive, …
correction A previous version of this article contained a misspelling of Jason Kwon’s last name. The article has been corrected. Elon Musk is suing OpenAI, the artificial intelligence powerhouse he helped found and now competes with, alleging it has strayed from its original nonprofit mission of researching AI for the …
Airplane fuselages bound for Boeing’s 737 Max production facility sit in storage at their top supplier, Spirit AeroSystems Holdings Inc, in Wichita, Kansas, U.S. December 17, 2019. Nick Oxford | Reuters Boeing is in talks to buy back Spirit AeroSystems, which makes fuselages for Boeing’s 737 Max jets, the companies …
