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Daily Archives: May 22, 2024

Generative power of AI and disruptive technologies discussed in Karachi


May 22, 2024

KARACHI: A day-long conference on Tuesday brought together industry leaders, innovators and professionals to discuss the transformative potential of artificial intelligence and mind sciences in enhancing customer engagement and driving organisational growth. The event titled “New age innovations: AI tools and mindscience for customer growth” was organised by the New World Concepts at a local hotel here. Consul General of …

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Serial winner Kroos eyes two-trophy finish to career


May 22, 2024

Toni Kroos, a world champion and five-time Champions League winner, is eyeing two more major trophies after announcing on Tuesday he will retire after Euro 2024. Kroos, who had stepped down from international duty after Germany’s last-16 Euros exit to England in 2021, answered a call from manager Julian Nagelsmann to return to the international setup in February.     This summer’s …

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Pogacar continues Giro dominance on day of rider protests


May 22, 2024

SANTA GARDENA: Tadej Pogacar continued his dominance of the Giro d’Italia after pounding his way to victory in Tuesday’s shortened 16th stage, which started three hours late after riders rebelled at demands they race through snow. Slovenian cycling superstar Pogacar burst to the fifth stage win — and second in a row — of his first ever Giro to take another big …

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Fraser-McGurk added as reserve to Australia’s T20 World Cup squad


May 22, 2024

MELBOURNE: Explo­sive batsman Jake Fraser-McGurk has been added to Australia’s T20 World Cup squad as one of two reserve players after his dominant performances in the Indian Premier League (IPL). Fraser-McGurk smashed 330 runs in nine appearances for the Delhi Capitals, sparking a media campaign to have him included in the squad for next month’s showpiece in the United States …

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‘No more experiments’ as Pakistan face England in final T20 World Cup warm-ups


May 22, 2024

LEEDS: With their combination established after weeks of experimentation, Pakistan will treat their four-match Twenty20 International series against England — which starts at Headingley on Wednesday — as their final warm-up ahead of the T20 World Cup. Starting off their preparations for the T20 showpiece only in April, Pakistan had bolstered their bowling line-up after veterans, all-rounder Imad Wasim and pacer …

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Stocks manage to close in green


May 22, 2024

KARACHI: Despite aggressive foreign selling, the benchmark KSE 100 index shrugged off overnight negative sentiments and closed in the green on Tuesday. Ahsan Mehanti of Arif Habib Corporation said stocks closed higher on speculation ahead of the federal budget FY25, to be unveiled on June 7. He added that a strong earnings outlook, upbeat World Bank forecast for 15pc inflation …

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Vibrant agriculture accelerates Pakistan’s economic expansion


May 22, 2024

ISLAMABAD: Pakistan’s economy will grow at a higher rate in the outgoing fiscal year, beating international lenders’ predictions. Howe­ver, due to a downturn in the manufacturing and service sectors, it fai­l­ed to meet budgetary projections. The provisional GDP growth is anticipated to be 2.38 per cent for FY24, surpassing the projections of International Monetary Fund’s 2pc, Asian Development Bank’s 1.9pc …

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Automakers urge govt to stop import of used vehicles


May 22, 2024

Islamabad: The automotive industry has urged the government to determine the sector’s future direction, warning that local manufacturing and the import of used cars cannot move together. In a letter to the ministries of finance, commerce, and industries, the Paki­stan Association of Auto Parts & Accessories Manuf­acturers (Paapam) said that the industries and manufacturing sectors were the job providers, but …

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US pushes for G7 response to China’s industrial overcapacity


May 22, 2024

Islamabad: The automotive industry has urged the government to determine the sector’s future direction, warning that local manufacturing and the import of used cars cannot move together. In a letter to the ministries of finance, commerce, and industries, the Paki­stan Association of Auto Parts & Accessories Manuf­acturers (Paapam) said that the industries and manufacturing sectors were the job providers, but …

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