Top Treasury Lawyer Resigns After Creation of ‘Anti-Weaponization Fund’
[Brian Morrissey, the department’s general counsel, stepped down hours after the Trump administration announced the $1.8 billion fund.
India’s strategic $9 bn megaport plan for pristine island
This photograph taken on March 26, 2026 shows a board marking a tribal reserve area on the outskirts of Campbell Bay at Great Nicobar island. PHOTO: AFP On a remote island in the Andaman Sea, bulldozers are tearing into pristine forests that are home to one of Earth’s most isolated people — part of India’s … Read more
Elon Musk’s lawyer asked Sam Altman on the stand: Are you trustworthy?
Elon Musk’s lawyer asked Sam Altman on the stand: Are you trustworthy?
Iran war saddles global companies with $25 billion bill
Airlines, automakers and other companies face higher costs, supply disruptions, and operational changes Vessels in the Strait of Hormuz, Musandam, Oman, May 18, 2026. REUTERS The US-Israeli war with Iran has already cost companies around the world at least $25 billion, and the bill is climbing, according to a Reuters analysis. A review of corporate … Read more
Wapda hydel generation crosses 6,000MW
. LAHORE: With increased indent by Indus River System Authority (IRSA) from the water reservoirs, Wapda’s hydel power generation surpassed 6,000MW, supplying 6,118MW to the national grid during peak hours last night, according to a statement on Monday. Tarbela Hydel Power Station contributed 2,332MW, with its fourth extension adding 1,095MW. Ghazi Barotha generated 1,160MW, Mangla … Read more
Here’s How Iran Could Respond to Renewed U.S.-Israeli Strikes
In any new round of fighting, Iranian officials could adopt new tactics, including intensified strikes on neighbors and trying to close off a second strait.
Elon Musk Loses $150 Billion Suit Against OpenAI and Sam Altman
A nine-member jury found that Mr. Musk had waited too long to sue. The setback for the tech mogul frees OpenAI to continue in the artificial intelligence race.
U.S. Hits Top Cuban Officials With Sanctions
The Trump administration, ratcheting up its effort to cripple the Cuban government, also imposed sanctions on three government agencies, including the police.
Pollock and Brancusi Join the $100 Million Club at Auction
A “drip” painting by the Abstract Expressionist sold for $181.2 million with fees, while a bronze head by the Romanian sculptor, from the S.I. Newhouse collection, brought in $107.6 million at Christie’s.
S&P cites macro stress risk from ME war
ISLAMABAD: S&P Global Market Intelligence has identified Pakistan as the economy facing the highest macro-financial stress risk under a prolonged Middle East conflict scenario. This is part of the latest assessment of major Asia-Pacific (APAC) economies. The outlook projects Pakistan’s real GDP growth to ease to 3.2% in fiscal year 2027, with the balance of … Read more
