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A worker welds components at the cotton harvester manufacturing workshop of Xinjiang Boshiran Intelligent Agricultural Machinery Co., Ltd. in Wusu City, northwest China’s Xinjiang Uygur Autonomous Region, July 29, 2025. (Xinhua/Wang Fei)BEIJING, July 31 (Xinhua) — China’s manufacturing sector softened slightly in July due to seasonal factors, but underlying growth momentum remained resilient, with emerging industries gaining traction and business confidence continuing to improve.The purchasing managers’ index (PMI) for manufacturers stood at 49.3 in July, down from 49.7 the previous month, according to data released Thursday by the National Bureau of Statistics (NBS).The manufacturing industry entered its traditional low season,…

ISLAMABAD: Pakistan on Wednesday “categorically rejected” Indian claims made during a parliamentary debate on the so-called “Operation Sindoor,” accusing New Delhi of distorting facts, glorifying aggression, and pursuing domestic political mileage through provocative narratives. In an official statement issued by the Ministry of Foreign Affairs, the spokesperson said that the assertions made by Indian leaders during the Lok Sabha debate reflected a “dangerous tendency” to misrepresent the truth and justify unilateral aggression. “Pakistan categorically rejects the baseless assertions and provocative claims made by the Indian leaders during the Lok Sabha debate on the so-called ‘Operation Sindoor’,” the spokesperson said. “These…

China is one of Nvidia’s largest markets, particularly for data centers, gaming and artificial intelligence applications.Avishek Das | Lightrocket | Getty ImagesWhile Nvidia has been given assurances by Washington that it will be allowed to resume exports of its made-for-China H20 general processing units, the AI chips’ return may be met with increased scrutiny from Beijing.According to the Cyberspace Administration of China, Nvidia met with Beijing officials on Thursday regarding national security concerns posed by the H20 chips, which are expected to resume shipments to China following an effective ban in April.Nvidia was requested “to clarify and submit relevant supporting…

TORONTO: Top seeds Alexander Zverev of Germany and American Coco Gauff advanced to the third round of the Canadian Open on Tuesday after both players were pushed hard by their opponents. World number three Zverev, playing in his first match since his first-round loss at Wimbledon, was far from his best but emerged with a 7-6(8/6), 6-4 win over Adam Walton under the lights in Toronto. Momentum shifted firmly in Zverev’s favour when he won a 52-shot rally in the first set tiebreak, and he sealed the win on a double fault by the Australian in the second set. “It…

Listen to article KARACHI: Despite apparent economic recovery and stable headline inflation, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 11%, which reflects persistent and emerging vulnerabilities across Pakistan’s macroeconomic landscape. SBP Governor Jameel Ahmad, conducting a press conference, admitted that the inflation outlook has deteriorated due to steep gas tariff hikes and looming energy adjustments, while external sector pressures are mounting from a widening trade deficit, slowing remittance growth, and fragile export performance. At the same time, fiscal vulnerabilities persist, as the Federal Board of Revenue (FBR) once again fell short of revenue targets, and ambitious consolidation…

TASHKENT: Pakistan and Poland players in action during their World U-19 Volleyball Championship match at the Yunnusobod Hall and the Sport University Center on Wednesday.—courtesy FIVB LAHORE: Pakistan’s valiant campaign at the World Under-19 Volleyball Championship ended in heartbreak on Wednesday, as they succumbed to a narrow 2-3 defeat against volleyball powerhouse Poland in a fiercely contested pre-quarterfinal match. The clash, held at Yunnusobod Hall and the Sport University Center in Tashkent, Uzbekistan, saw Pakistan exit the title race despite a performance brimming with fight. Having topped Group ‘A’ and entered the last 16 as a threatening force, Pakistan pushed…

Jaque Silva| Nurphoto | Getty ImagesOpenAI on Thursday said it is launching a Stargate-branded AI data center in Norway, marking its first foray into Europe with such a project.British firm Nscale will design and build the site as part of a 50-50 joint venture with Norwegian energy infrastructure firm Aker. OpenAI will be a so-called “off-taker” in the project, meaning it will effectively buy capacity from the data center.The site aims to deliver 100,000 NVIDIA graphics processing units (GPU) by the end of 2026, “with the intention to expand significantly in the years ahead,” OpenAI said in a press release.…

ISLAMABAD: Iranian President Massoud Pezeshkian is set to visit Pakistan on Saturday at the invitation of Prime Minister Shehbaz Sharif on a trip being seen as crucial after the recent Iran-Israel war and other regional developments. According to officials, the Iranian President would land at Lahore on Saturday and first visit the Mausoleum of Poet Dr Muhammad Allama Iqbal. He would then travel to Islamabad where he would be having a series of meetings with Pakistan’s civil and military leaders including the President, Prime Minister and the Army Chief. The Iranian media reported that Pezeshkian’s agenda includes high-level meetings and…

Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, U.S. September 25, 2024.Manuel Orbegozo | ReutersMeta CEO Mark Zuckerberg plans to continue his company’s artificial intelligence spending blitz well into the next year as rival tech giants do the same.Zuckerberg told analysts Wednesday during a second-quarter earnings call that AI’s rapid pace of progress has informed much of Meta’s recent business decisions, including the company’s $14.3 billion June investment into the data-annotating startup Scale AI as part of a revamped AI strategy involving a wave of high-profile…

A worker assembles components at the cotton harvester manufacturing workshop of Xinjiang Boshiran Intelligent Agricultural Machinery Co., Ltd. in Wusu City, northwest China’s Xinjiang Uygur Autonomous Region, July 29, 2025. Founded in Xinjiang’s Wusu City in 2009, Boshiran has developed more than 30 models of agricultural machinery including cotton planters, sprayers, and harvesters, which cover the entire cycle of cotton farming.Self-manufactured components account for more than 90 percent in the products Boshiran is making at its subsidiaries across Xinjiang. (Xinhua/Wang Fei)An aerial drone photo taken on July 28, 2025 shows cotton harvesters at Xinjiang Boshiran Intelligent Agricultural Machinery Co., Ltd.…