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A China-founded start-up that specialises in artificial intelligence agents was acquired by US tech giant Meta Platforms for billions of dollars, marking a landmark deal amid US-China competition in AI technology.The acquisition of Singapore-based Manus just nine months after its…
Santa runs on diesel. Every year, the global holiday economy relies on a short, intense surge in distillate fuel consumption to power trucks, ports, warehouses,…
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World Economy
The dollar steadied on Tuesday ahead of the release of the December meeting minutes from the Federal Reserve, while the Chinese yuan extended its gains and broke above a key psychological level against the US currency. Year-end holidays continued…
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Finance & Economics
U.S. Treasury yields held steady on Wednesday as investors keenly awaited the Federal Reserve’s interest rate decision as well as a batch of economic data.At 4:19 a.m. ET, the 10-year Treasury yield was little changed at 4.33%. The 2-year yield was down less than…
Economist Impact
Shares at the Pakistan Stock Exchange (PSX) hit an all-time high of 124,000 points on Wednesday as the proposed federal budget for the upcoming fiscal year was well-received by investors for being “neutral-to-positive”. Maintaining an aggressive stance on…
A China-founded start-up that specialises in artificial intelligence agents was acquired by US tech giant Meta…
“Our nation’s beautiful clean coal resources will be critical to meeting the rise in electricity demand…
The dollar steadied on Tuesday ahead of the release of the December meeting minutes from the…
Economist Intelligence
LAHORE: The Punjab Revenue Authority (PRA) has launched a major enforcement operation against tax defaulters across Punjab, including Lahore, Rawalpindi, Jhelum, Taxila, and Bahawalpur. According to PRA officials, enforcement teams inspected 58 marquees and food outlets during the operation. As…
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A China-founded start-up that specialises in artificial intelligence agents was acquired by US tech giant Meta Platforms for billions of dollars, marking a landmark…
“Our nation’s beautiful clean coal resources will be critical to meeting the rise in electricity demand due to the resurgence of domestic manufacturing and…
The dollar steadied on Tuesday ahead of the release of the December meeting minutes from the Federal Reserve, while the Chinese yuan extended its…
Chinese artificial intelligence firm Zhipu AI kicked off a share sale on Tuesday to raise HK$4.35 billion (US$560 million), moving closer to becoming the…