Foxconn reports record Q2 revenue

[ad_1] Listen to article TAIPEI: Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record second-quarter revenue on strong demand for artificial intelligence products but cautioned about geopolitical and exchange rate headwinds. Revenue for Apple’s biggest iPhone assembler jumped 15.82% year-on-year to T$1.797 trillion, Foxconn said in a statement on Saturday, beating the T$1.7896 trillion LSEG SmartEstimate, … Read more

PHF welcomes reports of India allowing Pak for Asia Cup

[ad_1] KARACHI: Pakistan hockey officials and team captain Ammad Shakeel Butt have welcomed reports from India suggesting their national team will be allowed to compete in the upcoming Asia Cup, but stressed that any participation will hinge on approval from Islamabad. Indian media, citing sports ministry sources, reported that Pakistan’s hockey team will face no … Read more

Iran cuts off IAEA access under new law: reports

[ad_1] TEHRAN: Iranian President Masoud Pezeshkian put into effect on Wednesday a law passed by parliament last week to suspend cooperation with the UN nuclear watchdog, the IAEA, Iranian state media reported. Iran has threatened to halt cooperation with the IAEA, accusing it of siding with Western countries and providing a justification for Israel’s air … Read more

Pakistan vs India clash date during Asia Cup 2025 revealed: reports

[ad_1] The 2025 edition of the Asia Cup is expected to take place in the United Arab Emirates (UAE), with Indian media reporting that the tournament will begin around September 4 or 5 and conclude on September 21. According to the reports, the group-stage fixture between India and Pakistan is likely to be held on … Read more

Oil steadies on reports of OPEC+ August output hike

[ad_1] HOUSTON: Oil prices edged up slightly on Friday, recovering from a midday drop into negative territory following a report that OPEC+ was planning to hike production in August, but tumbled about 12% in the week in their biggest drop since March 2023. Brent crude futures settled at $67.77 a barrel, up 4 cents, or … Read more

Trump denies reports of $30bn nuclear offer to Iran

[ad_1] Listen to article US President Donald Trump dismissed media reports that said his administration had discussed possibly helping Iran access as much as $30 billion to build a civilian-energy-producing nuclear program. CNN reported on Thursday and NBC News reported on Saturday that the Trump administration in recent days had explored possible economic incentives for Iran in … Read more

Pakistan rejects reports of US strikes via its airspace

[ad_1] Listen to article Pakistani authorities strongly rejected claims circulating on social media suggesting that the country had permitted the United States to use its airspace or territorial waters for military strikes on Iran’s nuclear facilities, calling the reports “completely false and baseless.” The denial comes amid rising tensions in the Middle East following US strikes on … Read more

Sindh reports first Congo virus death of 2025

[ad_1] KARACHI: Sindh has reported its first death from Congo virus this year, following the passing of a 42-year-old man in Karachi. The patient, a resident of District Malir, was admitted to Indus Hospital in Korangi on June 16 after testing positive for the virus. He succumbed to the illness the following day. According to … Read more