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Google, Amazon, Apple lobby group opposes India’s EU-like antitrust proposal

NEW DELHI: A US lobby group representing tech giants Google, Amazon and Apple has asked India to rethink its ...

Published 29 May, 2024 06:05am

Business & Finance

Amazon to invest 15.7bn euros in Spain

MADRID: Amazon’s cloud computing division AWS will invest 15.7 billion euros ($17 billion) to expand its data...

Updated 23 May, 2024 06:19am

Business & Finance

Amazon to invest $1.3bn in France, create 3,000 jobs

STOCKHOLM: Amazon said on Monday it would invest more than 1.2 billion euros ($1.3 billion) in its French operations...

Published 13 May, 2024 11:41am

Business & Finance

France secures jobs, investments from Amazon, Pfizer and Morgan Stanley

PARIS: France secured on Sunday new jobs and investments with Internet giant Amazon, healthcare company Pfizer and...

Published 13 May, 2024 06:08am

Technology

Amazon says will invest $9 billion in Singapore

SINGAPORE: Amazon said Tuesday it would invest US$9 billion in Singapore over the next four years to expand its...

Published 07 May, 2024 01:17pm

World

EU faces uphill battle to rein in big tech

BRUSSELS: The EU’s landmark curbs on how tech titans do business online kick in from Thursday, but just how far...

Published 07 Mar, 2024 11:01am

World

Jeff Bezos dethrones Musk to reclaim title of world’s richest man

WASHINGTON: Amazon founder Jeff Bezos took back his spot as the world’s richest man on Monday, dethroning Elon Musk...

Published 05 Mar, 2024 12:22pm

Markets

Nasdaq nears all-time high; Nvidia beats Amazon’s market value

NEW YORK: US stocks climbed on Monday, with the tech-laden Nasdaq inching close to its all-time high as investors...

Published 13 Feb, 2024 05:59am

Life & Style

Alia Bhatt joins ‘urgent’ wildlife crime drama as executive producer

'Poacher', based on true events, tells the story of the largest ivory poaching ring in Indian history

Updated 06 Feb, 2024 08:30pm

Technology

Meta, Amazon beat expectations with stellar results

SAN FRANCISCO: Meta and Amazon on Thursday blew through expectations in their latest quarterly results as Big Tech...

Published 02 Feb, 2024 02:51pm

Technology

Amazon, iRobot abandon merger in face of EU opposition

WASHINGTON: Amazon and robot vacuum maker iRobot said Monday they would end their plans to merge in the face of...

Published 29 Jan, 2024 08:18pm

Business & Finance

Sony ditches tie-up with India’s Zee: reports

TOKYO: Sony is pulling out of a $10 billion merger of its Indian operations with local rival Zee Entertainment,...

Published 22 Jan, 2024 10:16am

Technology

Amazon’s AWS to invest $15bn to expand cloud computing in Japan

TOKYO: Amazon Web Services (AWS) said on Friday it plans to invest 2.26 trillion yen ($15.24 billion) in Japan by...

Published 19 Jan, 2024 10:44am

Technology

Amazon to lay off several hundred staff in Prime Video, Studios

Amazon.com will lay off several hundred employees in its streaming and studio operations, it said in an internal...

Published 11 Jan, 2024 02:53pm

Markets

Wall St climbs on megacap boost

NEW YORK: Wall Street’s main indexes climbed in choppy trading on Wednesday, underpinned by strength in some...

Published 11 Jan, 2024 06:15am

Life & Style

Netflix releases vast viewing data for first time

LOS ANGELES: Netflix for the first time published detailed viewing figures about thousands of its shows and movies...

Published 13 Dec, 2023 01:20pm

Life & Style

Spotify cuts 17% of jobs as economic growth slows

STOCKHOLM: Music streaming giant Spotify said Monday it would reduce the number of its employees by around 17...

Published 04 Dec, 2023 06:15pm

Life & Style

Netflix, Viacom18 among streaming firms set to oppose India broadcasting bill

NEW DELHI: Netflix, billionaire Mukesh Ambani’s Viacom18 and other streaming companies plan to collectively lobby...

Published 01 Dec, 2023 07:44pm

Technology

Second-hand shopping a $1-bln-plus business for Amazon in Europe

LONDON: Consumer demand for refurbished and pre-owned goods in Britain and across Europe has created a billion pound...

Published 29 Nov, 2023 10:45am

Business & Finance

OpenAI staff threaten mass exodus to join ex-CEO Altman

SAN FRANCISCO: Hundreds of staff at OpenAI threatened to quit the leading artificial intelligence company on Monday...

Published 22 Nov, 2023 05:48am

World

At APEC, Biden touts workers’ rights, stable Chinese relations

SAN FRANCISCO: US President Joe Biden on Thursday said he would keep working to advance a Pacific trade pact, even...

Published 17 Nov, 2023 10:37am

Business & Finance

LCCI holds workshop on Amazon Training

LAHORE: Lahore Chamber of Commerce and Industry Standing Committee on IT Infrastructure organized a workshop on...

Published 16 Nov, 2023 05:39am

Technology

Amazon sets new team to trains ambitious AI model codenamed ‘Olympus’

Amazon is investing millions in training an ambitious large language model (LLMs), hoping it could rival top models...

Published 08 Nov, 2023 12:08pm

Markets

Wall St gains on megacap boost ahead of Fed verdict

NEW YORK: Wall Street’s main indexes rose on Monday, boosted by megacap growth stocks ahead of a busy week of...

Published 31 Oct, 2023 05:26am

Markets

Nasdaq jumps over 1pc as Amazon, Intel updates lift megacaps

NEW YORK: The Nasdaq outperformed peers on Friday as robust updates from Amazon.com and Intel lifted beaten-down...

Updated 28 Oct, 2023 06:34am

Life & Style

Amazon, Walmart court early holiday shoppers in US with limited-time deals

NEW YORK: Amazon, Walmart, Target and other large retailers launched U.S. sales on Monday and Tuesday, dangling...

Published 10 Oct, 2023 04:46pm

Markets

Wall St dives as jobs data fans rate worries

NEW YORK: Wall Street’s main indexes slid more than 1% on Tuesday after a hotter-than-expected jobs report ...

Published 04 Oct, 2023 06:20am

Technology

Amazon to invest up to $4bn in AI firm Anthropic

PARIS: Amazon said on Monday it would invest up to $4 billion in AI firm Anthropic, as the online retail giant steps...

Published 25 Sep, 2023 01:32pm

Life & Style

Amazon to roll out ads on Prime Video in 2024

Amazon Prime Video users will see ads on shows and movies from early next year unless they subscribe for an ad-free...

Published 22 Sep, 2023 07:28pm

Markets

Nasdaq, S&P hit 1-month lows as rate worries lift yields

NEW YORK: The S&P 500 and the Nasdaq dropped to a more than one-month low on Thursday as a jump in Treasury...

Published 22 Sep, 2023 03:33am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 6	278.53
USD PKR Interbank Buying / Jun 6	278.33
USD to Japanese Yen / Jun 6	155.75
USD to Swiss Franc / Jun 6	0.89
Pound Sterling to USD / Jun 6	1.28
Euro to USD / Jun 6	1.09

Stock	Volume
S&P 500 / Jun 5	5354.03
Nasdaq / Jun 5	17187.05
Dow Jones / Jun 5	38807.33
India Sensex / Jun 6	75088.60
Tokyo Nikkei / Jun 6	38768.13
Hang Seng / Jun 6	18539.95
FTSE 100 / Jun 6	8259.78
Germany DAX 30 / Jun 6	18722.70

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 4	19935
Petrol/Litre / Jun 6	268.36
Crude Oil USD/Barrel / Jun 6	74.53
Gold 10 Grams PKR / Jun 6	208333
Gold Spot USD/Ounce / Jun 6	2369.35
Diesel/Litre / Jun 6	270.22

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 6 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 6 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 6 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 6 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 6 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 6 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 6 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 6 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 6 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 6 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 6 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 6 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 6 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 6 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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