Here’s the latest.
Here’s the latest.
Here’s Where the U.S. and Iran Have Launched Attacks as the War Escalates
The U.S. military has appeared to widen its targets in Iran, while Iran has fired at bases belonging to American allies in the Middle East.
SpaceX selloff an ominous sign as lockup expiry looms
Bullish analysts, investors say SpaceX warrants a high premium because of its profitable Starlink internet service The dip in SpaceX’s shares below its blockbuster IPO price of $135 a share is an ominous sign for Elon Musk’s internet and rocket company as it faces more potential volatility in early August, when the number of shares available for … Read more
Diesel Prices Hit $5 a Gallon Again, Up 33% Since Start of Iran War
[U.S. diesel prices first surpassed $5 a gallon in March. Renewed fighting in the Persian Gulf and reduced refinery capacity is once again pushing up prices again.
US approves nearly $2b in weapons sales to Saudi Arabia
Among weapons Gulf kingdom seeks are up to 20,000 Advanced Precision Kill Weapon Systems The US State Department said Wednesday it has approved the sale of an estimated $1.96 billion in weapons to bolster Saudi Arabia’s air defenses, as the war ramps up in the Middle East. “This proposed sale will support the foreign policy … Read more
Fuel supply chain under stress
[ OMCs set up infrastructure facilities like oil storages with capacity of 0.58 million tons for petrol and 0.88 million tons for high-speed diesel at various depots by the end of FY21. photo: file ISLAMABAD: Pakistan’s fuel supply chain is again showing signs of stress as policy delays, the closure of the Strait of Hormuz … Read more
Death toll from Venezuela earthquakes rises to 4,829
16,740 people injured in last month’s disaster, says National Assembly President Jorge Rodriguez People search for casualties amid the rubble of collapsed buildings, in the aftermath of earthquakes in La Guaira, Venezuela. Photo: REUTERS The death toll from last month’s back-to-back earthquakes in Venezuela climbed to 4,829, the country’s National Assembly President Jorge Rodriguez said … Read more
Argentina World Cup semi-final hero Martinez ‘dreamt’ of scoring winner
Argentina’s World Cup semi-final match-winner Lautaro Martinez said he had “dreamt” of scoring the goal which took his team through to the final at England’s expense on Wednesday. “I dreamt it. I told Alexis (Mac Allister) that I was going to score,” Martinez said after his heroics off the bench in Atlanta as the reigning … Read more
PSX surges over 2,800 points in midday trading
KARACHI: The Pakistan Stock Exchange (PSX) witnessed strong buying interest on Thursday, with the benchmark KSE-100 Index climbing over 2,800 points in midday trade, reflecting renewed investor confidence following Wednesday’s recovery. As of midday, the KSE-100 Index stood at 178,124.14, up 2,838.36 points or 1.62 percent from the previous close of 175,285.78. The index touched … Read more
SME clusters key to driving exports
[ Malik urges stronger institutional support, easier financing to unlock growth potential LAHORE: Small and medium enterprises (SMEs) need stronger institutional support, easier access to finance and technology-driven business clusters if they are to play a bigger role in exports, industrial growth and job creation, former SAARC Chamber of Commerce and Industry President Iftikhar Ali … Read more