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

Wildfires, drought, storms hound Europe even as heatwave recedes

Many scientists blame successive early summer heatwaves on human-driven climate change German armed forces Bundeswehr combat a wildfire with a CH-53 helicopter in Mueritz National Park, where according to the state of Mecklenburg-Western Pomerania, around 320 hectares of forest burned on Thursday, in Mueritz National Park, Germany. Photo: Reuters Firefighters backed by 30 aircraft ​struggled … Read more

SpaceX IPO earns millions for US Small Business Administration head Kelly Loeffler

Loeffler invested up to $10 million in xAI and SpaceX across two disclosures filed before and during 2025 US Small Business Administrator Kelly Loeffler speaks during a Small Business Summit in the East Room at the White House in Washington, DC, US, May 4, 2026. REUTERS US Small Business ​Administration head Kelly Loeffler multiplied the … Read more

PSX falls 2,320 points as geopolitical jitters weigh

[ KSE-100 closes at 175,802 points amid US-Iran tensions, which trigger risk aversion KARACHI: The KSE-100 index closed at 175,802 points on Friday, down 2,320 points, as investors adopted a risk-averse stance amid escalating United States-Iran geopolitical tensions and ahead of the upcoming corporate earnings season. The benchmark index closed at 175,802 points, down 2,320 … Read more