Business

Joni Lamb, Whose Christian TV Station Went Global, Dies at 65

She and her husband, Marcus Lamb, founded Daystar Television Network, which reached more than 200 countries and made the couple into televangelism stars.

UK long-term borrowing costs dip from 28-year high after Starmer allies back PM – business live

UK bond yields hit highest since 1998 this morning, before easing back as some cabinet ministers voiced support for Keir StarmerPolitics live: Keir Starmer tells cabinet he is not resigning amid growing pressure to stand downStarmer on the brink as cabinet ministers urge him to quitChris Beauchamp, ...

Inflation Jumps, Oil Prices Rise on U.S.-Iran Standoff

President Trump has declared the cease-fire on “life support,” and investors are taking a cautious approach as the economic effects of the war become more apparent.

Textile sector presents budget proposals

FinMin seeks industry cooperation to extend digital monitoring from sugar, cement sectors

Auto sales jump 108% in April

On a cumulative basis, 10MFY26 sales increased 49% YoY to 166,100 units

No new imported fuel-based IPPs

Renegotiations save Rs3.5tr; govt to shift 10m consumers to AMI meters

Recovery reliant on imports not exports

SBP warns of structural weaknesses as exports, productivity lag; firms profiteering keeps inflation sticky

Pakistan offers Kuwait strategic oil reserves

Minister seeks Gulf partnership to build emergency storage after war exposes vulnerability

Gold up Rs4,100 on global tensions

Rupee slightly appreciates by Rs0.01 to 278.66 against dollar

PSX ends lower amid choppy trading

KSE-100 index loses 1,590 points as US-Iran tensions weigh on sentiment

Petroleum levy jumps 45% to Rs1.2tr

IMF projects fiscal performance better than pre-war as provinces post surplus

China Sought Access to Anthropic’s Newest A.I. The Answer Was No.

The latest artificial intelligence models from Anthropic and OpenAI are extending the United States’ lead over China and intensifying the rivalry between the countries.

EBay Rejects GameStop’s $55 Billion Takeover Bid

The online marketplace called the cash-and-stock proposal “neither credible nor attractive.”

BBC staff fear meagre pay rise after bosses forgo own increase

Workers told to be realistic about outcome of union talks as corporation aims to make savings with job cutsBBC staff have been told their bosses will forgo a pay rise this year but fear the freeze will lead to a meagre increase for the rank and file, who have been urged to be realistic about the out...

US inflation jumped to 3.8% in April as war with Iran continues to drive up prices

Prices rose 3.8% over the last year, according to Bureau of Labor Statistics data, highest jump since 2023Sign up for the Breaking News US newsletter emailUS inflation jumped to 3.8% in April as the war in the Middle East continued to drive energy prices and everyday costs for Americans.Prices rose ...

Pity the poor billionaires – demands for higher taxes must feel hurtful | Arwa Mahdawi

No wonder they are upset by the slogan ‘tax the rich’. Despite their wealth increasing 81% since 2020, they need our emotional support now more than everWon’t anyone think of the poor, poor, billionaires? Their endless money can buy them political power, but it can’t buy them love. Instead of being ...

How Much Power Did Microsoft Have Over OpenAI?

The technology giant’s chief executive faced a grilling in court over whether it exerted too much control over what was meant to be an A.I. nonprofit.

CPI Shows Inflation Accelerating to 3.8% Annually in April After Weeks of War in Iran

The Consumer Price Index rose 3.8% in April from a year earlier as higher energy costs replaced tariffs as the driver of higher prices for Americans.

What to know about the report.

CPI Shows Inflation Accelerating to 3.8% Annually in April After Weeks of War in Iran

The consumer price index increased X.X% in April from a year earlier as higher energy costs raised a range of prices for Americans.

How an ‘Impossible’ Idea Led to a Pancreatic Cancer Breakthrough

The new strategy also holds promise for lung and colon tumors. Here’s how scientists discovered it.

UK Bond Yields Rise With Starmer’s Future as Prime Minister in Doubt

The yields on British debt pushed higher as the country’s prime minister, Keir Starmer, confronted a rebellion from members of his party.

What the Bond Markets Are Saying About Britain’s Politics and Economy

The yields on British debt pushed higher as the country’s prime minister, Keir Starmer, confronted a rebellion from members of his party.

eBay rejects $55.5bn offer from GameStop

The online auction giant said it doubted how the video game retailer would finance its offer.