Pakistan Media Network

Latest & Trendy News All Around Pakistan

Day: November 7, 2023

Press Release

Matmerize secures DOD award to develop low-flammability polymer composite materials using advanced AI methods

ATLANTA, Nov. 07, 2023 (GLOBE NEWSWIRE) — Matmerize, Inc., an industry leader in Polymer & Formulations Informatics proudly announces its selection by the US Department of Defense (DOD) for a Small Business Innovation Research (SBIR) contract aimed at advancing AI methodologies for accelerating the design of novel low-flammability polymer composite materials. Matmerize is excited about the […]

Press Release

Pacific Green Enters Into Transaction to Sell Its 249MW / 373.5MWh Sheaf Energy Park Battery Development for an Enterprise Value of £210 Million (US$258 Million)

Dover, DE, Nov. 07, 2023 (GLOBE NEWSWIRE) — Pacific Green Technologies, Inc. (“Pacific Green”, OTCQB: PGTK) announces that it has entered into a transaction to sell 100% of the shares in Pacific Green Battery Energy Parks 2 Limited (“PGBEP2”) to Sosteneo Fund 1 HoldCo S.à.r.l. (“Sosteneo HoldCo”) for £210 million (US$258 million) (the “Transaction”). PGBEP2 […]

Press Release

ROSEN, LEADING TRIAL ATTORNEYS, Encourages Waldencast plc Investors to Inquire About Securities Class Action Investigation – WALD, WALDW

NEW YORK, Nov. 07, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Waldencast PLC (NASDAQ: WALD, WALDW) resulting from allegations that Waldencast may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Waldencast securities […]

Press Release

Quantexa Launches New Asia Pacific Headquarters in Singapore to Capture Next Wave of Growth

Quantexa’s growing presence in Singapore represents significant investment in delivering AI-enabled Decision Intelligence (DI) solutions to Enterprises and Government Agencies across Asia Pacific Quantexa has seen double-digit growth and tripled employee base in Asia Pacific region since Series D announcement in 2022 The new location in Singapore reinforces Quantexa’s global network and brings the company […]

Sports

PCB Announces Inzamam-ul-Haq’s Replacement

Tauseef Ahmed has been appointed the temporary Chief Selector for the Pakistan Cricket Team.In a significant development within the Pakistan Cricket Board (PCB), former cricketer Touseef Ahmed has assumed the role of Chief Selector temporarily. This ma…

Information

Punjab Announces Holiday for Schools and Offices in Cities Battling Smog

The caretaker Punjab government has announced the closure of schools amid suffocating smog that has disrupted everyday life in the province, particularly Lahore.During a press conference in Lahore, the caretaker Chief Minister (CM) Punjab, Mohsin Naqvi…

Market

Rupee Inches Lower 12th Day in a Row Against US Dollar

The Pakistani rupee fell 12th day in a row against the US Dollar today after opening trade at 282.725 in the interbank market.At 11:30 PM, it was stable at 284 against the greenback.Later, the interbank rate dropped below the 286 level between 1:30 PM …

Market

International Oil Prices Fall to 2.5-Month Low

International oil prices hit a 2.5-month low on Tuesday as the impact of the extension in output cuts by Saudi Arabia and Russia was offset by mixed economic data from China.Brent crude futures were down $2.11, or 2.5 percent at $83.07 a barrel as of 1…