SpaceX has delivered its first-ever quarterly business report, which showed revenue nearly doubled but its spending skyrocketed. The company, run by Elon Musk, builds space rockets and Starlink internet satellites and owns the social media platform X. It began trading on the US stock market in June. SpaceX said its revenue had grown 92% to…
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Finance minister Satsuki Katayama reportedly to confirm move Monday, first such effort since 2011 Japanese Finance Minister Satsuki Katayama will announce on Monday that Tokyo and Washington took joint action in the currency market to arrest the yen’s slide to 40-year lows, two Japanese government officials told Reuters. Katayama is likely to stress the two countries’ determination to combat what they consider…
The Oil and Gas Regulatory Authority (Ogra) updates petroleum products prices on a daily basis on its website to ensure transparency and allow the immediate impact of international price fluctuations to be passed on to consumers. The daily pricing is based on a seven-day weekly average of international market prices to align with international standards,…
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The Trump administration announced on Tuesday that it intended to end a Biden-era program that for the past two years has helped tamp down the cost of monthly premiums for drug coverage for people on Medicare. The decision means that millions of Americans 65 and older could face higher Medicare drug premiums next year, when…
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For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails The Government is continuing to allow Fujitsu to bid for contracts despite subpostmasters waiting for compensation payouts following the Horizon…
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The IT firm will establish the AI data centre in partnership with homegrown AI startup Sarvam and Odisha govt BENGALURU: HCLTech plans to invest Rs 14,257 crore to set up its first AI data centre at the upcoming Odisha Sovereign AI Park, marking one of the country’s largest investments in sovereign AI infrastructure.The IT firm…
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The co-founder of Hugging Face, a technology start-up that was hacked after some of OpenAI’s most advanced artificial intelligence (AI) models went rogue, said on Thursday that the incident is “a wake up call” for the industry. Thomas Wolf told BBC’s Newsday radio programme that “this will be one of the most common types of…
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Under revised rates, the price of petrol is fixed at Rs 315.80 per litre, while HSD will cost Rs 360.06 per litre A petrol pump in the federal capital seen in this undated image. —FILEPHOTO The federal government on Monday increased the price of high-speed diesel (HSD) by Rs 5.71 per litre while reducing the price…
The report presents primarily as a strong endorsement of Pakistan’s economic relevance, institutional engagement and continued progress under the EU’s GSP+ framework. Pakistan remains the largest beneficiary of GSP+, with the arrangement delivering measurable gains for exports, employment and industrial production. ▪️ In 2024, EUR 7.482 billion of Pakistani exports were eligible for GSP+ preferences,…
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails TikTok is driving consumers back to local high streets, with more than 10 million people visiting a cafe or shop…
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