Germany may continue to run some coal plants

FRANKFURT: Germany delayed this week an interim report about the implications of the lignite exit in its biggest state, fuelling market expectations that the government could choose to let some plants run longer than initially planned. What has happened? Germany agreed in 2022 with its biggest power producer RWE to phase out lignite-fired power production…

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SC upholds woman’s right to khula

ISLAMABAD: The Supreme Court has declared violence against a woman for exercising her right to khula an “attack on the Constitution”, observing that the law would deal with those who subject women seeking dissolution of marriage to violence with full force. The remarks came in a detailed four-page judgment authored by Justice MuhammadHashim Khan Kakar,…

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Alphabet’s SpaceX bet grows to $94b

BENGALURU: Alphabet’s early bet on SpaceX has multiplied more than 100-fold, with the Google parent disclosing a stake worth about $94 billion at the end of June, up from a $900 million investment in Elon Musk’s rocket company in 2015. Alphabet has emerged as by far the largest single institutional holder of SpaceX following its…

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Lack of funding delays flood plan

Documents says 80% of total financial requirement to be met through donor financing ISLAMABAD: The Fourth National Flood Protection Plan has been delayed due to the federal government’s failure to secure the required funding from local and international donors, leaving targets to protect millions of acres of agricultural land, homes and infrastructure from floods unmet….

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Nvidia scales back funding guarantee

MEXICO CITY: Nvidia has revised its plans to support a proposed OpenAI data centre project in Ohio and is now expected to initially guarantee less than $120 billion, down from the $250 billion previously discussed, the Wall Street Journal reported on Friday, citing people familiar with the matter. The Journal said Nvidia and OpenAI are…

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