Elon Musk’s artificial intelligence company xAI has secured $20bn (£15.7bn) in fresh funding, pressing ahead with its expansion plans even as its flagship chatbot, Grok, faces intensifying global scrutiny over the creation of sexualised and non-consensual images of women and children. The Series E funding round, announced on Tuesday, exceeded xAI’s initial $15bn target and attracted heavyweight backers including Nvidia, …

UK housebuilding has fallen to its weakest level since the Covid-19 lockdowns of 2020, underlining the scale of the challenge facing ministers as they attempt to revive construction and meet housing targets. New data from S&P Global shows activity across the UK construction sector continued to shrink in December, with housing and commercial construction work both contracting at the fastest …

Donald Trump has claimed that Venezuela will “turn over” between 30 and 50 million barrels of oil to the United States following a US-backed operation that removed President Nicolás Maduro from power. Posting on social media, the US president said the oil — worth an estimated $2.8bn (£2.1bn) at current market prices, would be sold by the US, with proceeds …

Karachi: Lucky Investments Limited has crossed PKR 130 billion in Assets Under Management (AUM) within its first year of operations, marking a major milestone and positioning the Company as Pakistan’s fastest-growing Islamic Asset Management Company (AMC). Launched with a focused mandate to promote Shariah-compliant, ethical, and disciplined investing, Lucky Investments introduced its first Islamic fund in April 2025. In less …

Bitget Opens TradFi Trading to All Users After Record-Breaking Beta Demand VICTORIA, Seychelles, Jan. 07, 2026 (GLOBE NEWSWIRE) — Bitget, the world’s largest Universal Exchange (UEX), has officially opened its TradFi trading suite to all users, following a private beta that drew overwhelming interest and delivered standout trading activity across gold, forex, and global macro assets. The public launch marks …

Pakistan is a country blessed with a diverse range of minerals and natural resources, which form a cornerstone for industrial growth, export potential, and economic development. From industrial metals to precious stones, the nation’s mineral wealth is vast, yet remains largely underutilized. Understanding Pakistan’s materials and minerals is critical for investors, policymakers, and industries seeking to harness these resources sustainably. …

Drones, or Unmanned Aerial Vehicles (UAVs), have rapidly transformed from niche gadgets into essential tools across industries globally. From agriculture and logistics to defense and emergency response, the versatility of drones is redefining technological landscapes. In Pakistan, the adoption of drone technology is gaining momentum, paralleling international trends and opening new avenues for innovation and economic growth. Global Drone Trends: …

The UAV-P300 is an AI-powered enterprise drone platform built for clear imaging in fog, reliable day-night operations, and safe autonomous flight across complex environments GDU UAV-P300 LAS VEGAS, Jan. 06, 2026 (GLOBE NEWSWIRE) — — CES — GDU, a professional-grade drone leader established in 2015, today announced the launch of UAV-P300, the world’s first AI-powered optical and electronic fog-penetrating drone. Purpose-built for …

Regular exercise is one of the most effective ways to maintain a healthy body and mind. It strengthens muscles, improves flexibility, and helps prevent many health problems. Exercise is not only beneficial physically but also improves mental and emotional well-being. Improves Physical Health Engaging in regular physical activity helps maintain a healthy weight and reduces the risk of chronic diseases …

As the ICC Men’s T20 World Cup 2026 approaches, South Africa have officially unveiled their 15-member squad, aiming to finally secure their first global title. Led by Aiden Markram, the selection features a heavy emphasis on raw pace, but the inclusion of stars like Kagiso Rabada and Anrich Nortje has been overshadowed by a major selection controversy. South African legend …

Experienced wicketkeeper-batter Jonny Bairstow has expressed his take about England’s prospects at the upcoming ICC Men’s T20 World Cup 2026, scheduled to be co-hosted by India and Sri Lanka. With the tournament fast approaching, Bairstow believes England’s depth of experience and growing familiarity with subcontinent conditions will play a decisive role in shaping their campaign. Balanced and bold provisional squad …

UK media regulator Ofcom has made “urgent contact” with xAI, the artificial intelligence business owned by Elon Musk, following reports that its Grok chatbot can be used to generate sexualised images of children and non-consensual explicit images of women. The intervention follows widespread concern over Grok’s image-generation capabilities on X, where users have posted examples of the AI being prompted …

Block Scholes Report Highlights Growth of Tokenized Stocks, Citing Bitget as a Key Market Driver Block Scholes Report Highlights Growth of Tokenized Stocks, Citing Bitget as a Key Market Driver VICTORIA, Seychelles, Jan. 06, 2026 (GLOBE NEWSWIRE) — Bitget, the world’s largest Universal Exchange (UEX), has been featured in a newly released report by Block Scholes, a leading digital asset …

As the ICC T20 World Cup 2026 approaches, the global cricketing fraternity has been dissecting India‘s bold squad selection. While the return of Ishan Kishan and the shock omission of former vice-captain Shubman Gill grabbed the headlines, it is the exclusion of a veteran pace spearhead that has caught the attention of South African legend AB de Villiers. De Villiers, …

Renowned Chinese inverter manufacturer Hoymiles has entered Pakistan to provide high-tech, long-duration energy storage solutions for residential, commercial, and industrial buildings, utilizing solar systems for electricity consumption. Speaking as the chief guest at the Hoymiles launching ceremony held at a local hotel on Monday, Ali Rashid, Advisor to the Chief Minister of Sindh on Science and IT, said the provincial …