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Startups

Elon Musk's Neuralink puts computer chips in animal brains

Neuralink on Friday unveiled a pig named Gertrude that has had a coin-sized computer chip in its brain for two months, showing off an early step toward the goal of curing human diseases with the same type of implant.

Published 29 Aug, 2020 06:53pm

Business & Finance

6th reforms cycle for DB report 2022: WB official praises efforts of Sindh and Punjab govts

ISLAMABAD: The Board of Investment (BOI) in collaboration with the World Bank, the International Finance Corporation...

Updated 28 Aug, 2020 03:34am

Pakistan

PM directs finalizing proposal of setting up IT Clusters in major cities

The prime minister was given a detailed briefing on the role of the IT sector in national economy, exports and the obstacles facing the development of the sector.

Published 27 Aug, 2020 11:44pm

Opinion

Tech war chronicles: How a Silicon Valley chip pioneer landed in China

ARTICLE: As the United States steps up its campaign to block China from acquiring key technological know-how, the...

Updated 26 Aug, 2020 03:02am

Markets

SECP converts Covid-19 challenge into opportunities: Aamir

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) Chairman Aamir Khan has said that the SECP had...

Published 21 Aug, 2020 03:10am

Pakistan

RapidCompute reports record growth in Cloud adoption during Coronavirus lockdown

Cloud adoption has seen steady growth in Pakistan in the past few years, and this growth is set to accelerate as International players enter the region; increasing awareness of the technology.

Published 19 Aug, 2020 10:00am

Markets

Investors pan for gold in rush for coronavirus vaccine

ARTICLE: With the race on to find a coronavirus vaccine, the biotech sector - from an investor's point of view -...

Published 19 Aug, 2020 02:45am

Business & Finance

Amazon to help Toyota build cloud-based data services

The deal is an expansion of Amazon Web Services' existing collaboration with Toyota, and marks the e-commerce giant's expanding foray into the transportation business.
In the automotive sector, AWS previously has partnered with automotive suppliers such as Aptiv, Panasonic Corp and Nvidia Corp, big transportation providers.

Published 18 Aug, 2020 01:23am

Business & Finance

Reliance in talks to buy online furniture retail, milk delivery startups: report

The oil-to-telecoms conglomerate's talks with Urban Ladder are at an advanced stage, the report said, citing four unnamed sources briefed on the matter.

Published 17 Aug, 2020 10:32am

Business & Finance

Pandemic has increased importance of e-commerce, says FPCCI VP

KARACHI: The Covid-19 pandemic has increased the requirement of e-commerce and digital Pakistan. Vice President of...

Updated 16 Aug, 2020 02:51am

Business & Finance

Pakistani start-up WonderTree becomes the first to receive UNICEF’s Innovation Fund

Pakistani Tech startup WonderTree joins11 startups from across the globe, and as the only one from Pakistan to be...

Published 12 Aug, 2020 12:32pm

Markets

Digital food for thought

ARTICLE: The world is said to be producing plenty of food, still the number of undernourished has been rising since...

Published 12 Aug, 2020 02:58am

Technology

Minister hails projects of startups during visit to NIC

ISLAMABAD: The inclusion of numerous innovation hubs, incubation centres and venture capital funds are helping the...

Published 07 Aug, 2020 02:45am

Markets

Facebook's Zuckerberg skewered with internal emails during antitrust hearing

Using the exchanges, lawmakers got Zuckerberg to acknowledge that he saw photo-sharing app Instagram and messaging app WhatsApp as competitors when Facebook acquired them.

Published 30 Jul, 2020 10:24am

Pakistan

Pakistan generating revenue of $3bn annually from IT sector: Razak Dawood

The Adviser had an online meeting with a delegation of Pakistan Software Houses Association (P@SHA) led by its President, Jehan Ara here.

Published 24 Jul, 2020 06:46pm

BR Research

Behind Google’s billions

It has been a while that tech giants maxed out growth prospects in the so-called global north and started looking...

Published 15 Jul, 2020 08:08am

PMKJ-YES: SBP raises loan limit to Rs 25 million, cuts markup by 3 percent

KARACHI: Following the directives of the federal government, the State Bank of Pakistan has announced reduction in...

Published 11 Jul, 2020 02:48am

Companies Act 2017: Ordinance promulgated to withdraw six amendments

ISLAMABAD: The federal government has promulgated an Ordinance to withdraw six controversial amendments, out of ...

Updated 09 Jul, 2020 03:11am

Business & Finance

SoftBank governance reforms stop short of Vision Fund

In recent months Chief Executive Masayoshi Son has met other Elliott demands, from launching a 2.5 trillion yen ($23 billion) buyback.

Published 06 Jul, 2020 09:56am

Opinion

Internet services - charges and taxes

LETTER: The Covid-19 pandemic has changed the dynamics of the world and continuously evolving patterns of new ways ...

Published 06 Jul, 2020 03:03am

Perspectives

Understanding Pakistan’s First Super App

Careem has been working on its Super App for some time and has now officially rolled it out across the region. The...

Published 04 Jul, 2020 02:57pm

Business & Finance

KCCI chief urges govt to simplify procedures for starting a business

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has urged the government...

Updated 02 Jul, 2020 03:23am

BR Research

Talk about economic boycott

What started off as a border standoff is turning into an economic retaliation, well, sort of. After losing men to a...

Published 01 Jul, 2020 08:55am

BR Research

The startup hiatus

It wasn’t mere hyperbole that Pakistan’s startup scene was booming before COVID-19 - not only in terms of...

Published 01 Jul, 2020 08:55am

Business & Finance

Amazon pledges $2 billion to projects fighting climate change

The Climate Pledge Fund will back efforts by startups and other firms in multiple sectors to "facilitate the transition to a zero carbon economy," Amazon said in a statement.

Published 24 Jun, 2020 12:09am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 18	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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