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Musk first person worth $700b

[ . Elon Musk’s company The company’s current market capitalization is around $1 trillion. Nvidia, currently the world’s most valuable company, is worth around $4 trillion.PHOTO :REUTERS BENGALURU: Tesla CEO Elon Musk’s net worth surged to $749 billion late Friday after the Delaware Supreme Court reinstated Tesla stock options worth $139 billion that were voided … Read more

Resolving industry issues key to revival

[ HYDERABAD: Hyderabad is a major business hub of Sindh and plays an important role in the province’s economy, but industrial issues must be resolved on a priority basis to improve economic conditions, Rawal Sharjeel Memon said on Saturday. According to a statement, Memon was speaking to industrialists at the Hyderabad SITE Association of Trade … Read more

Wheelchair user flies into space

. A German woman engineer on Saturday became the first wheelchair user to blast into space. Photo: Courtesy — AP HOUSTON: A German woman engineer on Saturday became the first wheelchair user to blast into space, taking a brief ride on a Blue Origin flight. The space company owned by American multi-billionaire Jeff Bezos launched … Read more

Keith Lee takes top honour at first US TikTok Awards

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LOS ANGELES: Content creators spanning dance, music, sports, fashion, entertainment and education gathered in Hollywood for the inaugural US TikTok Awards, a high-energy celebration of the platform’s most influential digital stars that blended viral internet culture with the spectacle of a traditional awards show. The event featured an array of playful, social-media-inspired moments, including Labubu … Read more

‘Russian strikes aim to cut off Ukraine from sea’

. Ukraine’s President Volodymyr Zelenskiy attends a news conference, amid Russia’s attack on Ukraine, in Kyiv, Ukraine on August 23, 2022 PHOTO.REUTERS KYIV: Russia is trying to sever Ukraine’s access to the Black Sea, President Volodymyr Zelenskiy said on Saturday, following days of ramped-up airstrikes on ports and energy facilities in the Odesa ‌region and … Read more

Japan’s rate hike signals new tightening phase

[ BOJ raises short-term rate to 30-year high, driven by persistent inflation, economic worries The Bank of Japan (BOJ) has raised its benchmark interest rate to 0.75%, marking its highest level in three decades. The move, which took place after a two-day policy meeting, comes as the country grapples with persistent inflation and concerns about … Read more

Horticulture podcast to address export gaps

[ ISLAMABAD: Federal Minister of Commerce Jam Kamal Khan on Saturday inaugurated the Pakistan Horticulture Development and Export Company’s (PHDEC) first podcast series, marking the ministry’s inaugural digital initiative for the horticulture sector. According to an official statement, the initiative aims to improve awareness, share best practices and support growth in Pakistan’s fruit and vegetable … Read more

Policy neglect hits coating exports

[ LCCI President Faheemur Rehman Saigol. Photo (file) LAHORE: Pakistan has significant export potential in non-traditional sectors, but a lack of policy focus has limited their performance, President of the Lahore Chamber of Commerce and Industry (LCCI) Faheemur Rehman Saigol said on Saturday. According to a statement, he was speaking at a meeting with a … Read more