Trending Now: Latest global updates, business news, technology stories, sports headlines, and more.

Cross-subsidy slashed by Rs123b in two years: Power Division

[ Various options being explored to further ease subsidy burden on industrial consumers ISLAMABAD: The Power Division has announced that the industrial cross-subsidy burden has been reduced from Rs225 billion (Rs8.9 per unit) in March 2024, when the current government took charge, to Rs102 billion (Rs4.02 per unit) now, which represents a substantial reduction of … Read more

Damon talks rejection of his request for more takes

matt damon photo file

“Why? You wanna waste everybody’s time?” Clint Eastwood had shot back on the suggestion Matt Damon. Photo: file Matt Damon recently opened up about a memorable moment early in his collaboration with legendary director Clint Eastwood, revealing that Eastwood once shut down his request to film additional takes on set and that the blunt exchange … Read more

Pakistan needs $566b to meet climate targets

[ KARACHI: Pakistan will need a staggering $565.7 billion in investment to meet its Nationally Determined Contributions (NDC) 3.0 climate commitments by 2035, it was revealed during a session on the Pakistan Green Taxonomy (PGT) and ESG Disclosure Guidelines hosted by the Overseas Investors Chamber of Commerce and Industry (OICCI). According to a statement issued … Read more

32 Thais killed as crane collapses onto train

. A child looks on as recovery workers stand next to the wreckage of a train that crashed when a construction crane collapsed in Thailand’s Nakhon Ratchasima province. Photo: AFP NAKHON RATCHASIMA: A crane at a China-backed high-speed rail project in Thailand collapsed onto a passenger train on Wednesday and caused it to derail, killing … Read more

PSX succumbs to profit-taking pressure

[ Shares of 340 companies were traded. At the end of the day, 93 stocks closed higher, 233 declined and 14 remained unchanged. PHOTO: FILE KARACHI: The Pakistan Stock Exchange (PSX) registered a notable fall on Wednesday as caution gripped investors amid escalating geopolitical tensions, particularly between the US and Iran and fears of a … Read more

What happens when fire ignites in space?

. Astronaut Buzz Aldrin, lunar module pilot for Apollo 11, poses for a photograph beside the deployed US flag during an extravehicular activity on the surface of the moon, July 20, 1969. PHOTO: REUTERS PARIS: When fire breaks out in the low-gravity, high-stakes conditions inside spacecraft or space stations, it behaves very differently than back … Read more

Actor Sebastian Chacon’s sexual assault case officially closed

sebastian chacon photo file

‘Daisy Jones and the Six’ actor terms it a ‘tremendously painful and costly experience’ that upended his life Sebastian Chacon. Photo: file The civil sexual assault lawsuit filed against actor Sebastian Chacon, known for his role as drummer Warren Rojas on the Amazon series Daisy Jones & the Six, has been officially closed in New … Read more

Trump softens rhetoric after threatening Iran

WASHINGTON: President Donald Trump on Wednesday made a vague statement that he’s been told “on good authority” that plans for executions in Iran have stopped, even as Tehran has indicated fast trials and executions ahead in its crackdown on protesters. The US president’s claims, which were made with few details, come as he’s told protesting … Read more

Pakistan, UAE agree to fast-track CEPA talks

[ ISLAMABAD: Ambassador of the United Arab Emirates to Pakistan Salem Mohammed Salem Al Bawab Al Zaabi met Federal Minister for Commerce Jam Kamal Khan on Tuesday, with both sides reaffirming their commitment to deepen bilateral economic ties and expedite progress on the Pakistan-UAE Comprehensive Economic Partnership Agreement (CEPA). According to an official statement released … Read more