<p>KARACHI: An artificial exchange rate not only discourages exporters but also poses a major hurdle to foreign investment, particularly in the exportable manufacturing sector, said exporters, who expressed their dismay over the policy.</p> <p>For the past year and a half, the dollar-rupee parity has been managed, and the local currency has continued to appreciate against the greenback, bit by bit. During the last 18 months, the rupee appreciated by at least Rs4 against the US dollar.</p> <p>Exp

<p>Industry wants mandate forcing manufacturers to sell increasing share of electric cars each year to be eased</p><p>Carmakers are delaying final decisions to invest in UK factories until electric car sales rules are relaxed, according to the head of the British car industry’s lobby group.</p><p>The chief executive of the Society of Motor Manufacturers and Traders (SMMT), Mike Hawes, said those with existing UK operations were considering building new models, but had held back so far.</p> <a

<p>Environmental groups renew calls for windfall tax to support households following Q2 earnings rise to $9.84bn </p><p>Shell more than doubled its profit in its second quarter of the year, as Europe’s biggest oil and gas company reaped the benefits from the jump in oil and gas prices triggered by war in the Middle East.</p><p>The FTSE 100 company’s net profit hit $9.84bn (£7.4bn) in the three months ended in June, more than double compared with the same period last year.</p> <a href="https

<p>Prime Minister Shehbaz Sharif said on Wednesday that the government’s vision for national digitalisation aims to provide citizens access to all public facilities under a single digital identity.</p> <p>Chairing a review meeting in Islamabad on the implementation of a national-level integrated digital policy framework, PM Shehbaz said that implementing this vision in line with modern-day demands held “key importance” in forming an integrated society, according to a statement issued by th

<p>Rescuers were frantically searching on Wednesday for survivors of a <a href="https://www.dawn.com/news/2019143/major-quake-hits-japan-30-missing-as-mall-collapses">7.1-magnitude earthquake </a>that shook southern Japan, killing at least 13 people, knocking out power to thousands of homes and rupturing roads across the region.</p> <p>Eight people were pulled from the rubble of a partially collapsed <a href="https://www.dawn.com/news/2018983">shopping mall </a>near the city of Kumamoto that was

<img src='https://i.cbc.ca/ais/373543b9-f2b4-4a4a-a0df-3f57d3277042,1785263866373/full/max/0/default.jpg?im=Crop%2Crect%3D%28176%2C869%2C5803%2C3264%29%3BResize%3D%28620%29' alt='a woman with long dark hair and glasses looks around at a conference, in front of a bright screen that says &quot;kimi k3 - open frontier models&quot; and other promotional flags saying &quot;kimi&quot;' width='620' height='349' title='A worker stands at the booth for Chinese AI Startup Moonshot&apos;s Kimi K3 during th

<p>The world risks a resurgence of ‌the HIV epidemic after global funding fell by nearly a fifth last year, the UN body fighting AIDS said on Monday.</p> <p>Washington previously accounted for 75 per cent of international HIV funding before President Donald Trump’s <a href="https://www.dawn.com/news/1886576">return </a>to the White ​House in January 2025. That month, he ordered a temporary halt to all HIV-related ​funding before restoring life-saving HIV work days later, although most pr

<p>Leading thinktank says higher oil prices and inflation will give Andy Burnham a ‘challenging inheritance’</p><p>Andy Burnham has been warned by a leading thinktank of “very difficult trade-offs in the next autumn budget” if the Iran war keeps oil prices and inflation high.</p><p>The National Institute of Economic and Social Research (NIESR) said the new prime minister faced a “challenging inheritance” and his plans to revamp public services would meet severe pressure from persiste

As prediction market giants like Kalshi and Polymarket begin offering perpetual futures trading with CFTC approval, other investment platforms are looking to expand their offerings. CME Group is launching single-stock futures, allowing investors to hedge or speculate on more than 50 of the largest US companies. The contracts, offering leverage without the complexity of options, will be cash-settled on the closing price of the stocks they’re tied to. FIA CEO Walt Lukken joins Bloomberg Busine

<p>A mass shooting near the Space Needle landmark in Seattle killed three people on Sunday and wounded at least four others, including a toddler, according to the police.</p> <p>Seattle Police said one suspect has been arrested and they are searching for another following the incident at a food festival in a popular tourist district of the northwestern US city.</p> <p>Assistant Police Chief Tyrone Davis said shots were heard around 6pm (6am PKT) and “there were two people who we believe were s