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	<title>The News International - <![CDATA[Business]]></title>
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	<link><![CDATA[https://www.thenews.com.pk/]]></link>
	<description>The News International Pakistan's Leading English Language Newspaper.</description>
	<lastBuildDate>Fri, 17 Jul 2026 19:58:01 +0500</lastBuildDate>
	<language>en-US</language>
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			<title><![CDATA[China jails blogger for 20 months over fake Xiaomi EV video]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1409434-china-jails-blogger-for-20-months-over-fake-xiaomi-ev-video]]></link>
			<pubDate><![CDATA[Fri, 17 Jul 2026 17:25:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1409434-china-jails-blogger-for-20-months-over-fake-xiaomi-ev-video]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-17/1409434_052532_updates.jpg"/>]]>
                				<![CDATA[China jails blogger for 20 months over fake Xiaomi EV videoA Chinese blogger has been sentenced to 20 months in prison for fabricating negative claims about the safety of Xiaomi's SU7 electric sedan.As per state media, the sentence aligns with a broader, stepped-up effort by Chinese authorities to...]]>
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			<title><![CDATA[ How the SpaceX IPO earned millions for SBA Administrator Kelly Loeffler ]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1409432-how-the-spacex-ipo-earned-millions-for-sba-administrator-kelly-loeffler]]></link>
			<pubDate><![CDATA[Fri, 17 Jul 2026 16:25:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1409432-how-the-spacex-ipo-earned-millions-for-sba-administrator-kelly-loeffler]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-17/1409432_042524_updates.jpg"/>]]>
                				<![CDATA[ How the SpaceX IPO earned millions for SBA Administrator Kelly Loeffler US Small Business Administration head Kelly Loeffler took a significant step to increase her investment in SpaceX. This comes after she was nominated to her post and earned millions of dollars from the...]]>
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			<title><![CDATA[Why Brazil is pushing back against US 25% tariffs: What to know ]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1409294-why-brazil-is-pushing-back-against-us-25-tariffs-what-to-know]]></link>
			<pubDate><![CDATA[Thu, 16 Jul 2026 12:50:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1409294-why-brazil-is-pushing-back-against-us-25-tariffs-what-to-know]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-16/1409294_125016_updates.jpg"/>]]>
                				<![CDATA[Why Brazil is pushing back against US 25% tariffs: What to know Brazil has denounced the US decision to impose 25% tariffs on certain Brazilian products which followed the Trump administration&rsquo;s investigation into a range of what it deemed deceptive trade practices by the South American...]]>
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			<title><![CDATA[SpaceX stock under pressure as short sellers increase bets]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1409354-spacex-stock-under-pressure-as-short-sellers-increase-bets]]></link>
			<pubDate><![CDATA[Thu, 16 Jul 2026 12:00:29 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1409354-spacex-stock-under-pressure-as-short-sellers-increase-bets]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-16/1409354_120110_updates.jpg"/>]]>
                				<![CDATA[SpaceX shares have fallen below their IPO price for the first time as investors increase bearish bets against the aerospace company, according to data reported by CNBC.Figures from S3 Partners show around 185 million shares are now sold short, representing about 29 percnt of SpaceX's publicly...]]>
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			<title><![CDATA[Bank of Canada sees economic recovery despite tariff and Middle East risks]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1409268-bank-of-canada-sees-economic-recovery-despite-tariff-and-middle-east-risks]]></link>
			<pubDate><![CDATA[Thu, 16 Jul 2026 07:05:59 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1409268-bank-of-canada-sees-economic-recovery-despite-tariff-and-middle-east-risks]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-16/1409268_102518_updates.jpg"/>]]>
                				<![CDATA[The Bank of Canada has left its key policy interest rate unchanged at 2.25 percent, saying the economy is expected to recover despite weak growth over the past 18 months.In its latest Monetary Policy Report, the central bank said Canada's gross domestic product was "roughly unchanged from the...]]>
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			<title><![CDATA[AWS executive Dave Brown to leave Amazon after 19 years]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1409245-aws-executive-dave-brown-to-leave-amazon-after-19-years]]></link>
			<pubDate><![CDATA[Thu, 16 Jul 2026 00:51:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1409245-aws-executive-dave-brown-to-leave-amazon-after-19-years]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-16/1409245_125113_updates.jpg"/>]]>
                				<![CDATA[AWS executive Dave Brown to leave Amazon after 19 yearsAmazon veteran  Dave Brown, a senior vice president in Amazon &zwnj;Web Services is leaving the company after 19 years.Brown was a highly visible Senior Vice President leading AWS's core Compute and Machine Learning Services.He has been a key...]]>
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			<title><![CDATA[Publix shuts select supermarkets despite continued sales growth]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1409282-publix-shuts-select-supermarkets-despite-continued-sales-growth]]></link>
			<pubDate><![CDATA[Thu, 16 Jul 2026 00:10:18 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1409282-publix-shuts-select-supermarkets-despite-continued-sales-growth]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-16/1409282_121021_updates.jpg"/>]]>
                				<![CDATA[Publix has continued closing selected supermarkets across the southeastern United States as part of its strategy to modernise its store network, despite reporting continued sales growth.The grocery chain, which operates more than 1,440 stores across eight states, reported a 2 percent increase in...]]>
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			<title><![CDATA[PayPal draws massive $53 billion takeover offer from Stripe and Advent]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1409181-paypal-draws-massive-53-billion-takeover-offer-from-stripe-and-advent]]></link>
			<pubDate><![CDATA[Wed, 15 Jul 2026 11:43:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1409181-paypal-draws-massive-53-billion-takeover-offer-from-stripe-and-advent]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-15/1409181_114345_updates.jpg"/>]]>
                				<![CDATA[PayPal draws massive $53 billion takeover offer from Stripe and AdventFinancial technology company Stripe and private equity firm Advent International have reportedly submitted a joint takeover bid to acquire PayPal Holdings Inc. for more than $53 billion.The offer submitted this month is...]]>
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			<title><![CDATA[Reuters to sell 51% stake in global print business to KKR for $500 million]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1409114-reuters-to-sell-51-stake-in-global-print-business-to-kkr-for-500-million]]></link>
			<pubDate><![CDATA[Tue, 14 Jul 2026 20:01:55 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1409114-reuters-to-sell-51-stake-in-global-print-business-to-kkr-for-500-million]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-14/1409114_080742_updates.jpg"/>]]>
                				<![CDATA[Reuters to sell 51% stake in global print business to KKR for $500 millionThomson Reuters Corporation has officially signed a definitive agreement to form a joint venture with private equity giant KKR, selling a 51% majority stake in its Global Print business for $500 million in gross proceeds.The...]]>
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			<title><![CDATA[DeepSeek targets new funding round to boost AI computing power ]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1409104-deepseek-targets-new-funding-round-to-boost-ai-computing-power]]></link>
			<pubDate><![CDATA[Tue, 14 Jul 2026 17:18:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1409104-deepseek-targets-new-funding-round-to-boost-ai-computing-power]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-14/1409104_051836_updates.jpg"/>]]>
                				<![CDATA[DeepSeek targets new funding round to boost AI computing power DeepSeek is seeking fresh fundraising round just one month after completing its first-ever external financing, aiming to expand AI computing capacity and accelerate development.In a rapid push to scale its infrastructure, Chinese...]]>
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			<title><![CDATA[Bloomberg loses defamation case, ordered to pay $356,000 to Singapore ministers]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1409099-bloomberg-loses-defamation-case-ordered-to-pay-356000-to-singapore-ministers]]></link>
			<pubDate><![CDATA[Tue, 14 Jul 2026 16:10:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1409099-bloomberg-loses-defamation-case-ordered-to-pay-356000-to-singapore-ministers]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-14/1409099_041038_updates.jpg"/>]]>
                				<![CDATA[Bloomberg loses defamation case, ordered to pay $356,000 to Singapore ministersThe Singapore High Court has reportedly ordered Bloomberg to pay $356,000 to the ministers in a defamation case. While the case stemmed from a lawsuit filed against them for defamation over an article, citing their...]]>
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			<title><![CDATA[US June budget deficit hits $120 billion amid tariff refunds]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1409043-us-june-budget-deficit-hits-120-billion-amid-tariff-refunds]]></link>
			<pubDate><![CDATA[Tue, 14 Jul 2026 04:01:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1409043-us-june-budget-deficit-hits-120-billion-amid-tariff-refunds]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-14/1409043_040943_updates.jpg"/>]]>
                				<![CDATA[US June Budget deficit hits $120 billion amid tariff refundsA massive wave of federal refund payments for import tariffs recently declared illegal by the Supreme Court has pushed the U.S. federal budget deficit for June 2026 to $120 billion.A budget deficit occurs when government spending exceeds...]]>
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			<title><![CDATA[Hundreds of experts call for urgent action to tackle AI's economic impact]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408990-hundreds-of-experts-call-for-urgent-action-to-tackle-ais-economic-impact]]></link>
			<pubDate><![CDATA[Mon, 13 Jul 2026 19:01:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408990-hundreds-of-experts-call-for-urgent-action-to-tackle-ais-economic-impact]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-13/1408990_070227_updates.jpg"/>]]>
                				<![CDATA[Hundreds of experts call for urgent action to tackle AI's economic impactAI acts as a massive demand-and-supply shock that is accelerating economic output.The economic impact of AI centers on unprecedented productivity growth, a massive restructuring of the global labor market, and a projected...]]>
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			<title><![CDATA[Netflix makes its biggest move yet to keep subscribers hooked: What users need to know]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408865-netflix-makes-its-biggest-move-yet-to-keep-subscribers-hooked-what-users-need-to-know]]></link>
			<pubDate><![CDATA[Sun, 12 Jul 2026 16:21:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408865-netflix-makes-its-biggest-move-yet-to-keep-subscribers-hooked-what-users-need-to-know]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-12/1408865_042211_updates.jpg"/>]]>
                				<![CDATA[Netflix makes its biggest move yet to keep subscribers hooked: What users need to knowIn a significant move, Netflix is seeking live-video programming  as a novel way to sustain viewership, according to a report shared by The Wall Street Journal.  The primary concern does not just revolve around...]]>
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			<title><![CDATA[Montreal's MTY Food Group announces 68 restaurant closures following weak earnings]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408744-montreals-mty-food-group-announces-68-restaurant-closures-following-weak-earnings]]></link>
			<pubDate><![CDATA[Sat, 11 Jul 2026 09:50:48 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408744-montreals-mty-food-group-announces-68-restaurant-closures-following-weak-earnings]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-11/1408744_095048_updates.jpg"/>]]>
                				<![CDATA[MTY Food Group says it will close 68 underperforming restaurants over the next six to nine months after reporting a decline in quarterly sales and profit.The Montreal-based company, which owns brands including Thai Express, Mr. Sub and Manchu Wok, announced the closures alongside its...]]>
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			<title><![CDATA[Apple files lawsuit against OpenAI over trade secrets theft]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408729-apple-files-lawsuit-against-openai-over-trade-secrets-theft]]></link>
			<pubDate><![CDATA[Sat, 11 Jul 2026 04:05:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408729-apple-files-lawsuit-against-openai-over-trade-secrets-theft]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-11/1408729_040600_updates.jpg"/>]]>
                				<![CDATA[Apple files lawsuit against OpenAI over trade secrets theftApple has filed a lawsuit against OpenAI over disclosing sensitive information.The high-profile relationship between Apple and OpenAI has experienced a profound breakdown after Apple officially filed a sweeping lawsuit in the U.S. District...]]>
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			<title><![CDATA[First electric air taxi test flights begin in US]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408724-first-electric-air-taxi-test-flights-begin-in-us]]></link>
			<pubDate><![CDATA[Sat, 11 Jul 2026 02:41:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408724-first-electric-air-taxi-test-flights-begin-in-us]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-11/1408724_024010_updates.jpg"/>]]>
                				<![CDATA[First electric air taxi test flights begin in USAir taxi company Beta completes first test flights in U.S. government pilot program. The highly anticipated multi-year eVTOL  Integration Pilot Program  has officially commenced in the United States, launching its very first real-world operational...]]>
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			<title><![CDATA[Circle wins final approval for US Trust Bank launch, share rise]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408700-circle-wins-final-approval-for-us-trust-bank-launch-share-rise]]></link>
			<pubDate><![CDATA[Fri, 10 Jul 2026 19:06:13 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408700-circle-wins-final-approval-for-us-trust-bank-launch-share-rise]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-10/1408700_070848_updates.jpg"/>]]>
                				<![CDATA[Circle wins final approval for US Trust Bank launch, share riseCircle, a financial technology company, has received the last required regulatory approval needed to move forward with establishing its own US trust bank.It comes as the U.S. Office of the Comptroller of the Currency  has granted final...]]>
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			<title><![CDATA[EasyJet agrees to accept a surprise takeover bid from a rival US firm: Here's why]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408686-easyjet-agrees-to-accept-a-surprise-takeover-bid-from-a-rival-us-firm-heres-why]]></link>
			<pubDate><![CDATA[Fri, 10 Jul 2026 16:29:20 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408686-easyjet-agrees-to-accept-a-surprise-takeover-bid-from-a-rival-us-firm-heres-why]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-10/1408686_043037_updates.jpg"/>]]>
                				<![CDATA[EasyJet agrees to accept a surprise takeover bid from a rival US firm: Here&rsquo;s whyEasyJet reportedly said it has agreed to a significant &pound;5.7bn takeover bid from US firm Apollo Global Management just days after executing a contract with a competitor. The carrier said Apollo&rsquo;s...]]>
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			<title><![CDATA[SK Hynix secures $26.5 billion in blockbuster US share sale]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408654-sk-hynix-secures-265-billion-in-blockbuster-us-share-sale]]></link>
			<pubDate><![CDATA[Fri, 10 Jul 2026 12:01:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408654-sk-hynix-secures-265-billion-in-blockbuster-us-share-sale]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-10/1408654_115954_updates.jpg"/>]]>
                				<![CDATA[In a significant move, South Korean semiconductor giant maker SK Hynix has reportedly raised $26.5bn in its blockbuster US initial public offering  on the Nasdaq, making it the largest-ever US listing by a foreign companyOn Thursday, the company, which is a strategic supplier to artificial...]]>
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			<title><![CDATA[Tech wealth boom fuels surge in private Jet demand]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408596-tech-wealth-boom-fuels-surge-in-private-jet-demand]]></link>
			<pubDate><![CDATA[Thu, 09 Jul 2026 21:01:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408596-tech-wealth-boom-fuels-surge-in-private-jet-demand]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-09/1408596_090532_updates.jpg"/>]]>
                				<![CDATA[Tech wealth boom fuels surge in private Jet demandThe success of major space and AI companies is expected to create many newly wealthy technology insiders, and some of that new wealth is contributing to higher demand for luxury goods and services.The wave of massive tech liquidity events...]]>
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			<title><![CDATA[IMF warns of slower global growth after US-Iran conflict escalates]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408543-imf-warns-of-slower-global-growth-after-us-iran-conflict-escalates]]></link>
			<pubDate><![CDATA[Thu, 09 Jul 2026 12:03:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408543-imf-warns-of-slower-global-growth-after-us-iran-conflict-escalates]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-09/1408543_120354_updates.jpg"/>]]>
                				<![CDATA[The International Monetary Fund  has lowered its global economic growth forecast for 2026, citing the continuing impact of higher energy prices linked to the conflict involving Iran.In its latest World Economic Outlook released on Wednesday, the IMF said the global economy is now expected to grow...]]>
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			<title><![CDATA[Blue Origin seeks $130B valuation in first outside funding push]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408499-blue-origin-seeks-130b-valuation-in-first-outside-funding-push]]></link>
			<pubDate><![CDATA[Wed, 08 Jul 2026 22:19:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408499-blue-origin-seeks-130b-valuation-in-first-outside-funding-push]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-08/1408499_102333_updates.jpg"/>]]>
                				<![CDATA[Blue Origin seeks $130B valuation in first outside funding pushBlue Origin is looking to raise money from investors outside the company for the first time.The Jeff Bezos company is aiming to raise $10 billion in a funding round that would value the rocket maker at $130 billion before the...]]>
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			<title><![CDATA[Why Apple is committing $30 billion to Broadcom for US chipmaking push]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408474-why-apple-is-committing-30-billion-to-broadcom-for-us-chipmaking-push]]></link>
			<pubDate><![CDATA[Wed, 08 Jul 2026 17:34:11 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408474-why-apple-is-committing-30-billion-to-broadcom-for-us-chipmaking-push]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-08/1408474_053518_updates.jpg"/>]]>
                				<![CDATA[Why Apple is committing $30 billion to Broadcom for US chipmaking pushApple is reportedly expanding its partnership with chipmaker Broadcom in a multi-year deal projected to surpass $30 billion, signaling a significant shift that marks the tech giant's largest domestic manufacturing commitment to...]]>
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			<title><![CDATA[ Amazon seeks to raise $25 billion through bond sale: report]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408399-amazon-seeks-to-raise-25-billion-through-bond-sale-report]]></link>
			<pubDate><![CDATA[Tue, 07 Jul 2026 23:40:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408399-amazon-seeks-to-raise-25-billion-through-bond-sale-report]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-07/1408399_113922_updates.jpg"/>]]>
                				<![CDATA[Amazon has filed a regulatory request to launch an eight-part U.S. dollar bond sale with the goal of borrowing billions of dollars from institutional investors as demand for tech debt is incredibly high right now.As reported by Bloomberg News, the tech giant is looking to raise at least $25...]]>
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			<title><![CDATA[Bank of England warns AI poses growing threat to financial stability]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408373-bank-of-england-warns-ai-poses-growing-threat-to-financial-stability]]></link>
			<pubDate><![CDATA[Tue, 07 Jul 2026 17:56:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408373-bank-of-england-warns-ai-poses-growing-threat-to-financial-stability]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-07/1408373_055813_updates.jpg"/>]]>
                				<![CDATA[The Bank of England has warned that artificial intelligence is becoming a growing source of risk to the financial system, adding AI-specific concerns to existing worries about high asset valuations, public debt, and risky corporate lending.In a half-yearly assessment of risks to Britain's...]]>
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			<title><![CDATA[Samsung posts 1,800%  profit surge as AI chip sales soar]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408341-samsung-posts-1800-profit-surge-as-ai-chip-sales-soar]]></link>
			<pubDate><![CDATA[Tue, 07 Jul 2026 12:02:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408341-samsung-posts-1800-profit-surge-as-ai-chip-sales-soar]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-07/1408341_120300_updates.jpg"/>]]>
                				<![CDATA[South Korean technology giant Samsung Electronics is projecting a  19-fold jump in its profits, driven by global demand for artificial intelligence memory chips. The company estimated that it made 89.4 trillion won between April and June, marking a significant milestone for its operating...]]>
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			<title><![CDATA[OPEC+ to raise oil output from August amid easing global supply concerns]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408220-opec-to-raise-oil-output-from-august-amid-easing-global-supply-concerns]]></link>
			<pubDate><![CDATA[Mon, 06 Jul 2026 12:16:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408220-opec-to-raise-oil-output-from-august-amid-easing-global-supply-concerns]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-06/1408220_121734_updates.jpg"/>]]>
                				<![CDATA[OPEC+ to raise oil output from August amid easing global supply concernsOPEC+ has agreed to increase oil production for a fifth consecutive month, announcing that seven member countries will raise output by 188,000 barrels per day from August as global energy markets continue to stabiliseAccording...]]>
			</description>
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			<title><![CDATA[Inside UK's easyJet Deal: Journey 'from start-up to takeover' explained]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408191-inside-uks-easyjet-deal-journey-from-start-up-to-takeover-explained]]></link>
			<pubDate><![CDATA[Mon, 06 Jul 2026 04:18:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408191-inside-uks-easyjet-deal-journey-from-start-up-to-takeover-explained]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-06/1408191_041809_updates.jpg"/>]]>
                				<![CDATA[Inside UK&rsquo;s easyJet Deal: Journey 'from start-up to takeover' explainedBritish airline easyJet has agreed in principle to a takeover bid from U.S. investment firm Castlelake that values the carrier at up to &pound;5.5 billion...]]>
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			<title><![CDATA[Uber halts Europe food delivery expansion as it pursues Delivery Hero deal]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408168-uber-halts-europe-food-delivery-expansion-as-it-pursues-delivery-hero-deal]]></link>
			<pubDate><![CDATA[Sun, 05 Jul 2026 23:00:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408168-uber-halts-europe-food-delivery-expansion-as-it-pursues-delivery-hero-deal]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-05/1408168_110038_updates.jpg"/>]]>
                				<![CDATA[Uber has paused  majority of its planned food delivery expansion across Europe, pivoting its strategy as it aggressively pursues a multi-billion dollar takeover of its Berlin-based rival, Delivery Hero.As reported by the Financial Times, after announcing to pursue with Delivery Hero, Uber no...]]>
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			<title><![CDATA[AI outpaces regulation, Europe's top bankers and regulators warn]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408044-ai-outpaces-regulation-europes-top-bankers-and-regulators-warn]]></link>
			<pubDate><![CDATA[Sat, 04 Jul 2026 11:10:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408044-ai-outpaces-regulation-europes-top-bankers-and-regulators-warn]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-04/1408044_111222_updates.jpg"/>]]>
                				<![CDATA[AI outpaces regulation, Europe&rsquo;s top bankers and regulators warnAccording to European policymakers, financial regulation is falling behind with the rapid development of artificial intelligence. They are calling for public support of the technology while focusing on mitigating its risks to...]]>
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			<title><![CDATA[Meta introduces new pricing plan for WhatsApp Business]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408036-meta-introduces-new-pricing-plan-for-whatsapp-business]]></link>
			<pubDate><![CDATA[Sat, 04 Jul 2026 07:15:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408036-meta-introduces-new-pricing-plan-for-whatsapp-business]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-04/1408036_071536_updates.jpg"/>]]>
                				<![CDATA[Meta introduces new pricing plan for WhatsApp BusinessMeta is introducing a new pricing plan for its WhatsApp Business platform, aimed at better aligning costs with the underlying economics of generative AI.Starting August 1, 2026, businesses utilizing the Meta Business Agent "Meta&rsquo;s native...]]>
			</description>
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			<title><![CDATA[Tesla launches 'Robotaxi' Service in Miami, expanding beyond Texas]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408028-tesla-launches-robotaxi-service-in-miami-expanding-beyond-texas]]></link>
			<pubDate><![CDATA[Sat, 04 Jul 2026 02:04:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408028-tesla-launches-robotaxi-service-in-miami-expanding-beyond-texas]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-04/1408028_020444_updates.jpg"/>]]>
                				<![CDATA[Tesla launches 'Robotaxi' Service in Miami, expanding beyond TexasTesla robotaxis hit the streets of Miami-Dade in first out-of-state expansion. Elon Musk's Tesla on Friday marked a major milestone for the company's autonomous ride-hailing ambitions. Tesla's official robotaxi account said in a...]]>
			</description>
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			<title><![CDATA[Gold rally lifts TSX futures as US rate-hike bets ease]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1408023-gold-rally-lifts-tsx-futures-as-us-rate-hike-bets-ease]]></link>
			<pubDate><![CDATA[Fri, 03 Jul 2026 23:58:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1408023-gold-rally-lifts-tsx-futures-as-us-rate-hike-bets-ease]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-04/1408023_120151_updates.jpg"/>]]>
                				<![CDATA[Gold rally lifts TSX futures as US rate-hike bets easeTSX futures gain as gold prices rise amid easing US rate-hike bets.Gold prices climbed as investors scaled back expectations of further US interest rate hikes, boosting Canada's TSX futures ahead of the market open.Fueled by the gold surge, the...]]>
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			<title><![CDATA[Japanese yen surges as traders brace for possible intervention ]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1407857-japanese-yen-surges-as-traders-brace-for-possible-intervention]]></link>
			<pubDate><![CDATA[Thu, 02 Jul 2026 15:15:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1407857-japanese-yen-surges-as-traders-brace-for-possible-intervention]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-02/1407857_031607_updates.jpg"/>]]>
                				<![CDATA[Japanese yen surges as traders brace for possible intervention On Thursday, the yen suddenly leaped against the dollar, with traders alert and vigilant regarding the possibility of intervention by Japan to bolster the weakening currency and jumpy about a possible new approach to...]]>
			</description>
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			<title><![CDATA[Singapore seizes $42m mansion in Nvidia chip smuggling crackdown]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1407850-singapore-seizes-42m-mansion-in-nvidia-chip-smuggling-crackdown]]></link>
			<pubDate><![CDATA[Thu, 02 Jul 2026 13:26:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1407850-singapore-seizes-42m-mansion-in-nvidia-chip-smuggling-crackdown]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-02/1407850_012811_updates.jpg"/>]]>
                				<![CDATA[Singapore seizes $42m mansion in Nvidia chip smuggling crackdownIn a significant move, Singapore police have reportedly confiscated a multi-million-dollar luxury home that was purportedly purchased using proceeds from smuggling artificial intelligence  chips. The US Department of Justice has...]]>
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			<title><![CDATA[Alibaba agrees to $600m DOJ settlement over Illegal drug sales probe]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1407822-alibaba-agrees-to-600m-doj-settlement-over-illegal-drug-sales-probe]]></link>
			<pubDate><![CDATA[Thu, 02 Jul 2026 05:55:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1407822-alibaba-agrees-to-600m-doj-settlement-over-illegal-drug-sales-probe]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-02/1407822_055508_updates.jpg"/>]]>
                				<![CDATA[Alibaba agrees to $600m DOJ settlement over Illegal drug sales probeAlibaba-E-commerce giant, and its &zwnj;U.S.-based payment processor have agreed to pay $600 million to resolve allegations that they failed to prevent illegal drug sales, the U.S. Justice Department said on Wednesday.The...]]>
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			<title><![CDATA[Shopify settles copyright lawsuit against rival Shopline]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1407821-shopify-settles-copyright-lawsuit-against-rival-shopline]]></link>
			<pubDate><![CDATA[Thu, 02 Jul 2026 05:08:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1407821-shopify-settles-copyright-lawsuit-against-rival-shopline]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-02/1407821_054822_updates.jpg"/>]]>
                				<![CDATA[Shopify settles copyright lawsuit against rival ShoplineShopify has settled a lawsuit that accused a rival company of copying its software to build a  competing platform.The E-commerce giant has officially settled its copyright lawsuit against rival platform Shopline, a subsidiary of the Chinese...]]>
			</description>
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			<title><![CDATA[ Elon Musk rejects WSJ claims regarding SpaceX IPO]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1407820-elon-musk-rejects-wsj-claims-regarding-spacex-ipo]]></link>
			<pubDate><![CDATA[Thu, 02 Jul 2026 04:04:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1407820-elon-musk-rejects-wsj-claims-regarding-spacex-ipo]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-02/1407820_032538_updates.jpg"/>]]>
                				<![CDATA[ Elon Musk rejects WSJ claims regarding SpaceX IPOElon Musk on Wednesday denied a Wall Street Journal report that SpaceX showed investors and other stakeholders a prototype  of an AI-focused device ahead of its blockbuster IPO."Utterly &zwnj;false," Musk said in a post on X July 1, 2026,...]]>
			</description>
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			<title><![CDATA[Meta to launch Cloud business to monetize excess AI computing power]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1407796-meta-to-launch-cloud-business-to-monetize-excess-ai-computing-power]]></link>
			<pubDate><![CDATA[Wed, 01 Jul 2026 21:52:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1407796-meta-to-launch-cloud-business-to-monetize-excess-ai-computing-power]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-01/1407796_114332_updates.jpg"/>]]>
                				<![CDATA[Meta is building a cloud business to sell excess artificial intelligence computing capacity.The decision comes as tech giants seek returns  on costly AI investments amid worries about overspending.As the Bloomberg News reported on Wednesday, the plans are still in development and the strategy...]]>
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			<title><![CDATA[Kroger to acquire Giant Eagle for $1.65 billion in market expansion push]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1407784-kroger-to-acquire-giant-eagle-for-165-billion-in-market-expansion-push]]></link>
			<pubDate><![CDATA[Wed, 01 Jul 2026 19:35:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1407784-kroger-to-acquire-giant-eagle-for-165-billion-in-market-expansion-push]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-01/1407784_073914_updates.jpg"/>]]>
                				<![CDATA[Kroger, one of the largest supermarket chains in the U.S is set to buy Giant Eagle for $1.65  billion.The Supermarket chain officially confirmed on Wednesday, it would acquire food and drug retailer  Giant Eagle in &zwnj;a $1.65  billion deal.Kroger operates thousands of grocery stores across the...]]>
			</description>
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			<title><![CDATA[Nike quarterly earnings exceed forecasts even as China revenue falls]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1407708-nike-quarterly-earnings-exceed-forecasts-even-as-china-revenue-falls]]></link>
			<pubDate><![CDATA[Wed, 01 Jul 2026 07:30:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1407708-nike-quarterly-earnings-exceed-forecasts-even-as-china-revenue-falls]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-01/1407708_064729_updates.jpg"/>]]>
                				<![CDATA[Nike quarterly earnings exceed forecasts even as China revenue fallsNike reported stronger-than-expected fourth-quarter earnings and revenue on Tuesday, despite a sharp decline in sales in its Greater China market.According to CNBC, the sportswear giant posted adjusted earnings of 20 cents per...]]>
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			<title><![CDATA[Binance faces £150 million lawsuit from UK investors over alleged mis-sold crypto products]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1407687-binance-faces-150-million-lawsuit-from-uk-investors-over-alleged-mis-sold-crypto-products]]></link>
			<pubDate><![CDATA[Wed, 01 Jul 2026 00:31:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1407687-binance-faces-150-million-lawsuit-from-uk-investors-over-alleged-mis-sold-crypto-products]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-07-01/1407687_123043_updates.jpg"/>]]>
                				<![CDATA[Binance faces &pound;150 million lawsuit from UK investors over alleged mis-sold crypto productsIn a bold decision thousands of UK investors are plannings to sue cryptocurrency exchange platform Binance.Almost 1,700 British investors are suing Binance and founder Changpeng Zhao for at least...]]>
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			<title><![CDATA[Why Ford turned back to humans after AI failed quality checks]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1407619-why-ford-turned-back-to-humans-after-ai-failed-quality-checks]]></link>
			<pubDate><![CDATA[Tue, 30 Jun 2026 14:55:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1407619-why-ford-turned-back-to-humans-after-ai-failed-quality-checks]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-06-30/1407619_025544_updates.jpg"/>]]>
                				<![CDATA[Ford has taken the significant step of hiring veteran human engineers after AI fell short of the required skills and experience. In an effort to capitalize the benefits of the technology, which promises to mitigate costs and optimize workflow, the US carmaker has adopted it across various...]]>
			</description>
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			<title><![CDATA[Australian treasurer calls alleged access to Anthony Albanese's bank data 'incredibly concerning']]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1407614-australian-treasurer-calls-alleged-access-to-anthony-albaneses-bank-data-incredibly-concerning]]></link>
			<pubDate><![CDATA[Tue, 30 Jun 2026 14:04:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1407614-australian-treasurer-calls-alleged-access-to-anthony-albaneses-bank-data-incredibly-concerning]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-06-30/1407614_020445_updates.jpg"/>]]>
                				<![CDATA[Australian Treasurer Jim Chalmers reportedly announced today that a report involving multinational firm Ernst&amp; Young found that two employees on temporary assignment at the Commonwealth Bank of Australia purportedly accessed Prime Minister Anthony Albanese&rsquo;s personal banking details-a...]]>
			</description>
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			<title><![CDATA[Nvidia partners with Firmus Technologies to power AI-infrastructure]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1407447-nvidia-partners-with-firmus-technologies-to-power-ai-infrastructure]]></link>
			<pubDate><![CDATA[Sun, 28 Jun 2026 22:12:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1407447-nvidia-partners-with-firmus-technologies-to-power-ai-infrastructure]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-06-28/1407447_120146_updates.jpg"/>]]>
                				<![CDATA[Nvidia partners with Firmus Technologies to bring cost-effective AI computing to startups. The deal includes deploying 170,000 GPUs in Indonesia by 2028.The Australian company Firmus said the deal would see it buy Nvidia infrastructure and sell Nvidia&#8209;powered cloud services to "AI Native"...]]>
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			<title><![CDATA[California lawsuit accuses gas stations of using AI to fix fuel prices]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1407419-california-lawsuit-accuses-gas-stations-of-using-ai-to-fix-fuel-prices]]></link>
			<pubDate><![CDATA[Sun, 28 Jun 2026 17:17:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1407419-california-lawsuit-accuses-gas-stations-of-using-ai-to-fix-fuel-prices]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-06-28/1407419_012300_updates.jpg"/>]]>
                				<![CDATA[Californian residents filed a federal class action lawsuit on June 22, 2026, in the US District Court for the Eastern District of California against Kalibrate and 14 major gas station chains, alleging the companies used AI-based pricing software to coordinate and inflate fuel prices. The...]]>
			</description>
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			<title><![CDATA[Why tech firms are blaming AI for the massive surge in device and console prices]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1407392-why-tech-firms-are-blaming-ai-for-the-massive-surge-in-device-and-console-prices]]></link>
			<pubDate><![CDATA[Sun, 28 Jun 2026 12:48:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1407392-why-tech-firms-are-blaming-ai-for-the-massive-surge-in-device-and-console-prices]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-06-28/1407392_014934_updates.jpg"/>]]>
                				<![CDATA[Why tech firms are blaming AI for the massive surge in device and console pricesMajor tech companies are defying convention after a long trend of consumer hardware getting cheaper over time, that trajectory now seems to have completely reversed.Recently, Apple and Microsoft Xbox have begun raising...]]>
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			<title><![CDATA[Microsoft raises Xbox console prices as component costs soar]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1407311-microsoft-raises-xbox-console-prices-as-component-costs-soar]]></link>
			<pubDate><![CDATA[Sat, 27 Jun 2026 13:57:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1407311-microsoft-raises-xbox-console-prices-as-component-costs-soar]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-06-27/1407311_021239_updates.jpg"/>]]>
                				<![CDATA[Microsoft raises Xbox console prices as component costs soarMicrosoft has reportedly announced that it will raise the prices of its Xbox game consoles, marking a significant shift, hours after Apple declared price hikes for MacBooks and iPads. This major move will be implemented on August 1....]]>
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			<title><![CDATA[UN suspends ship escorts through Strait of Hormuz after vessel attack]]></title>
			<link><![CDATA[https://www.thenews.com.pk/latest/1407198-un-suspends-ship-escorts-through-strait-of-hormuz-after-vessel-attack]]></link>
			<pubDate><![CDATA[Fri, 26 Jun 2026 13:36:00 +0500]]></pubDate>
            <guid><![CDATA[https://www.thenews.com.pk/latest/1407198-un-suspends-ship-escorts-through-strait-of-hormuz-after-vessel-attack]]></guid>
			<description>
                                    <![CDATA[<img src="https://www.thenews.com.pk/assets/uploads/2026-06-26/1407198_125346_updates.jpg"/>]]>
                				<![CDATA[The UN International Maritime Organization suspended its operation to escort ships through the Strait of Hormuz following an attack on a commercial vessel, sparking concerns about whether a provisional deal to end the Iran war will survive.According to the British navy agency, the cargo ship was...]]>
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