Latest News on Business, Finance and Markets from Pakistan

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News

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Israeli strike kills two people in Gaza, medics say

3+ hour, 55+ min ago   (250+ words) An Israeli airstrike in Gaza killed two Palestinians and wounded 13, with Israel claiming it targeted Hamas militants. This occurred despite a 2025 ceasefire, which both sides accuse each other of violating. CAIRO: An Israeli airstrike on Sunday killed at least two…...

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Prices of essential kitchen items show upward trend

16+ hour, 49+ min ago   (269+ words) ISLAMABAD: The prices of essential kitchen items have witnessed an upward trend during the last week compared to the previous week, according to a survey conducted by Business Recorder on Saturday. The wholesalers and retailers at various markets said that…...

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brecorder.com > news > 40/43/9210 > anxious-french-consumers-cut-back-as-election-budget-battles-loom

Anxious French consumers cut back as election, budget battles loom

16+ hour, 49+ min ago   (253+ words) PARIS: A cash-strapped customer split an entrecôte steak with a companion the other day at David Zenouda’s Paris restaurant while others increasingly share starters, skip wine at lunch or opt only for a main course. It’s a sign of the…...

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Sindh advocates putting country at forefront of tech revolution

16+ hour, 49+ min ago   (478+ words) KARACHI: The Sindh government has pledged its fullest support for equipping Pakistan’s emerging technology talent with the latest skills and creating an enabling environment for entrepreneurs and startups in the information technology sector, with the objective of helping the country…...

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OpenAI's Altman won't do IPO this year, calls AI extinction risk 'unacceptable"

8+ hour, 29+ min ago   (524+ words) LOS ANGELES: OpenAI will not go public in 2026, Chief Executive Sam Altman said in remarks published ‌on Saturday, citing safety concerns over artificial intelligence that render “unacceptable” even a 10% risk that AI could cause human extinction by decade’s end. The…...

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Clifton, Defence: Damlottee pipeline project to supply 10MGD additional water

16+ hour, 49+ min ago   (276+ words) KARACHI: ‎Mayor Karachi Barrister Murtaza Wahab has taken a major initiative to improve the city’s water supply by adding 10 MGD for Defence and Clifton areas. ‎Karachi Water and Sewerage Corporation (KW&SC) and the Frontier Works Organisation (FWO) signed an…...

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Trump says US-Canada trade deal likely???fairly soon???

16+ hour, 49+ min ago   (103+ words) Trump says US-Canada trade deal likely ‘fairly soon’ Business Recorder DUBLIN: President Donald Trump said on Saturday that Canada was keen to reach a trade deal with the United States and that an agreement could come “fairly soon”, while repeating…...

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French economy not in danger but deficit must be cut, central bank chief says

16+ hour, 49+ min ago   (123+ words) Business Recorder PARIS: French central bank chief Emmanuel Moulin said on Friday that France was not in catastrophic economic danger but the government must act to reduce the country’s public deficit. Moulin was speaking after INSEE revised its economic forecast…...

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brecorder.com > news > 40/43/9270 > obama-voices-caution-on-ai-urges-democrats-to-tackle-it-nyt-says

Obama voices caution on AI, urges Democrats to tackle it, NYT says

8+ hour, 46+ min ago   (310+ words) Former President Obama warned AI is dangerous if mismanaged, urging Democrats to develop policy frameworks and future presidential candidates to prioritize AI safety and economic concerns. Former US President Barack Obama has warned that artificial intelligence could be “dangerous” if…...

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brecorder.com > news > 40/43/9269 > republican-senators-tv-interview-passes-muster-with-fccs-carr-even-though-democratic-candidates-does-not

Republican senator's TV interview passes muster with FCC's Carr even though Democratic candidate's does not

8+ hour, 51+ min ago   (359+ words) FCC Chairman Brendan Carr clarified that equal-time rules didn't apply to Ted Cruz's ESPN interview, contrasting with a warning issued to ABC for a Democratic candidate's appearance. LOS ANGELES: An ESPN interview on Saturday with a Republican US senator did…...