Moonis Alvi has resigned from his position as Chief Executive Officer of K-Electric, the company’s spokesperson confirmed. The information has been formally shared with the Pakistan Stock Exchange, according to K-Electric. In a statement on X, Moonis Alvi said institutions are always greater than individuals, and the organisation’s improvement has remained his top priority. “After…
If you’re looking for the current copper price in Pakistan today or the 1 kg tamba rate on February 6, 2026, here are the latest available figures. High-quality Millberry scrap copper is trading at approximately Rs. 5,500 per kg in the main markets of Karachi, Lahore, Islamabad, and Gujranwala. Refined new copper continues to command…
Anthropic announced the launch of Claude Opus 4.6 on Thursday, its latest artificial intelligence model designed to improve coding capabilities, sustain tasks for longer periods, and produce higher-quality professional work. Claude Opus 4.6 represents Anthropic’s first major model launch of the year, following the release of three other models last year: Claude Opus 4.5, Claude…
MOSCOW: Russia faces a steep drop in oil income if U.S. President Donald Trump successfully pressures India to stop importing Russian crude, because losing its top purchaser of seaborne exports would force Moscow to slash prices to find other buyers, analysts and traders said. Trump on Monday cut U.S. tariffs on Indian goods in a…
Germany’s Siemens Energy said on Tuesday that it has decided to invest $1 billion to boost production in the US and significantly expand its workforce to meet a surge in electricity demand. The US has been experiencing unparalleled growth in electricity demand as the country is rapidly expanding data centers, artificial intelligence infrastructure, and modern…
Pakistan and Jordan have agreed to pursue a preferential trade agreement (PTA) and significantly expand bilateral cooperation across 16 priority sectors, ranging from trade, finance and industry to climate change, maritime affairs, health, technology and education, as the two countries signed the protocol to translate long-standing historical, political and diplomatic ties into measurable economic and…
SINGAPORE: Bitcoin was on the cusp of breaking below the key $70,000 level on Thursday as a slide in the world’s largest cryptocurrency showed no signs of stopping. Bitcoin tumbled more than 3% in the Asian session to $70,052.38, its lowest level since November 2024. Ether, the world’s second-largest cryptocurrency, was similarly down nearly 2%…
The Kuwait Labour Relations Department at the Public Authority for Manpower (PAM) has begun implementing a new system for receiving and processing labour complaints, with a particular focus on cases filed against small and medium-sized enterprises (SMEs). A source said the move forms part of ongoing efforts to modernise working procedures and enhance service quality….
Karachi: Gold and silver prices rose in Pakistan on Wednesday, February 4, 2026, tracking gains in the international bullion market, according to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA). Renewed geopolitical tensions between the United States and Iran supported gold prices, extending the metal’s recent rally after it recorded its strongest single-day gain…
LAHORE: The Chief Minister of Punjab, Maryam Nawaz has announced the launch of a new project titled ‘Apna Khet Apna Rozgar, aimed at providing free agricultural land up to five acre to underprivileged and unemployed citizens. Maryam Nawaz has revealed this initiative in Rajanpur while speaking at the inauguration ceremony of an electric bus service….