Improving oneself is a lifelong journey that requires commitment and dedication. It’s easy to get caught up in the daily grind of work, school, and family obligations, but it’s important to take time for yourself to focus on personal growth. In this article, we will discuss how to work on improving yourself by creating a…
Tesla reports 36% increase in vehicles deliveries for first-quarter of 2023
American automaker Tesla reported 36% increase in deliveries in the first quarter of 2023 ended March 30 to 422,875 vehicles, compared to the 310,048 deliveries posted during the same period a year earlier, and 4% sequential growth against 405,278 units delivered in the last quarter of 2022. First-quarter vehicle production stood at 440,808 units. The…
U.S. government seeks to reduce or remove tax credits on electric cars
The U.S. government has notified electric vehicle tax rules that will reduce or remove tax credits on some zero-emission models but grant buyers another two weeks before the new requirements take effect. According to Reuters, the Treasury Department rules are aimed at weaning the United States off dependence on China for EV battery supply chains…
Huawei partners Chery, BAIC,Anhui Jianghuai to produce Aito electric vehicles
Huawei Technologies is teaming up with Chery Automobile, BAIC Motor and Anhui Jianghuai Automobile Group in jointly developing and manufacturing Aito-branded electric vehicles, “Huawei, which has already a partnership with Seres Group to make Aito cars, plans a series of models including SUVs, sedans and multipurpose vehicles under the Aito brand, Richard Yu, Huawei’s Smart…
Consumer price inflation in Pakistan recorded at 35.37% in March 2023
KARACHI: Consumer price inflation in Pakistan surged to a record 35.37% in March 2023 compared with the corresponding month last earlier, the Bureau of Statistics said on Saturday. March inflation number eclipsed February’s 31.5%, the bureau said, as food, beverage and transport prices surged up to 50% year-on-year. According to Reuters, a spokesman at the…
Italy has bans ChatGPT because of unlawful data collection
Italy has imposed a ban on the use of the artificial intelligence (AI) bot ChatGPT, citing OpenAI’s “unlawful collection of personal data.” OpenAI, which is supported by Microsoft, has been directed by the national privacy regulator to halt the collection of data from Italian users until it rectifies its data collection practices. However, the UK…
Tesla recalls its Semi electric trucks after brake defect found
Tesla has issued a voluntary recall on its Semi trucks as the electronic parking brake valve module found to contain a defect, according to recall filings posted on the website of the National Highway Traffic Safety Administration. As many as, 35 Semi trucks were affected. The trucks were built with an electronic parking brake valve…
Unlocking the Value of Your Precious Metals: A Guide to Selling
Are you wondering what to do with all the gold, silver, and other metals hidden in your home for years? Selling these precious metals can make a significant impact on your financial security. But knowing where or how to start when dealing with such valuable commodities can be challenging. To help point you in the…
Pakistan stock exchange decline 21% in the first quarter of 2023
KARACHI: Economic and political issues affected Pakistan bourse in 1Q2023. As a result Pakistan Stock Exchange (PSX) benchmark KSE Index fell 1% in 1Q2023. With PKR falling 20% against USD, the Index was down 21% in USD terms which is highest decline after 1Q2020 where the index was down 33%. Delay in the 9th review…
Sartorius Stedim Biotech agrees to acquire Polyplus for 2.4 billion euros
PARIS, FRANCE: Sartorius Stedim Biotech, a leading international partner of the biopharmaceutical industry, has signed an agreement to acquire Polyplus for approximately 2.4 billion euros from private investors, including ARCHIMED and WP GG Holdings IV B.V., an affiliate of Warburg Pincus. Polyplus, with around 270 employees, develops and produces transfection as well as other DNA/RNA…
Pakistan’s locally produced urea fertilizer sales decline 13% in February 2023
Pakistan’s locally produced urea fertilizer sales declined 13% to 503,000 tonnes in February 2023 compared with sales recorded in the same month last year. The dip in urea offtakes is mainly attributable to lower urea production by RLNG-based plants due to unavailability of feed gas. Similarly, on MoM basis, urea offtakes declined by 24%, owing…
ArcelorMittal signs $5 bn loan agreement with Japan Bank for International Cooperation
AMSTERDAM: ArcelorMittal signed a memorandum of understanding (MOU) with the Japan Bank for International Cooperation (JBIC) to strengthen their partnership in steelmaking and decarbonisation. The signing of the MOU between ArcelorMittal and JBIC builds on their existing business relationship, which includes JBIC’s financing in support of ArcelorMittal’s joint ventures with Nippon Steel Corporation in India…