For all excitement surrounding IPO, determining what SpaceX is actually worth remains difficult valuation exercise Founder, CEO, Chairman, and Chief Engineer of SpaceX, Elon Musk, speaks via videolink on the day of SpaceX’s initial public offering (IPO) at the Nasdaq MarketSite in New York City, US, June 12, 2026. Photo: Reuters SpaceX jumped over 20%…
Govt may also allocate Rs3 trillion for defence spending and has finalised Rs50 billion relief for the salaried class The federal government has slashed next fiscal year’s proposed development budget by Rs126 billion, while three provinces, except Balochistan, would freeze their uplift expenses at current levels to create around Rs500 billion worth of fiscal space…
The precarious political situation in Pakistan reminds me of a famous children’s nursery rhyme. It goes something like this: Humpty Dumpty sat on a wall. Humpty Dumpty had a great fall. All the king’s horses and all the king’s men couldn’t put Humpty Dumpty together again. It feels like all the political, economic and constitutional…
Vaibhav Sooryavanshi (ANI photo) Teenage sensation added humour to the conversation, joking, “He could be burnt out by 21,” to which Vaughan replied, “He will have enough cash by 21, he might retire.” Cook had the final word with another quip, saying, “He can’t be burnt out, he plays 30 balls.” At just 15, Sooryavanshi’s…
US crude falls 15% to $96.31, Brent down 13% to $94.71 after market reacts to US-Iran ceasefire news Oil prices slid, stocks and bonds surged, while the safe-haven dollar was knocked back on Wednesday, as a two-week Middle East ceasefire brought some relief to markets on hopes for a resumption of oil and gas flows…
Interior minister meets US Charge d’Affaires to Pakistan Natalie Baker, discusses arrangements for high-level talks Interior Minister Mohsin Naqvi and US Charge d’Affaires to Pakistan Natalie Baker. SCREENGRAB Interior Minister Mohsin Naqvi assured US Charge d’Affaires to Pakistan Natalie Baker on Thursday of foolproof security ahead of the arrival of high-level foreign delegations in Islamabad…
Federal minister urges dialogue over confrontation as JAAC plans fresh protests in AJK Federal Minister for Parliamentary Affairs Tariq Fazal Chaudhry addresses a press conference in Islamabad on Sunday. SCREENGRAB Federal Minister for Parliamentary Affairs Dr Tariq Fazal Chaudhry on Sunday rejected claims that the October 3, 2025, agreement with the Joint Awami Action Committee…
KARACHI: Clear your dues or face termination of contracts” the Pakistan Cricket Board has launched a recovery campaign against defaulters. Notices have been issued to all concerned parties, directing them to make payments within the stipulated deadline. According to details, the 11th edition of the PSL has now concluded, and the PCB had already begun…
BATTAGRAM: Jamaat-e-Islami (JI) Emir Hafiz Naeemur Rehman on Tuesday called for a united movement against the prevailing system, saying districts like Battagram remained deprived of basic facilities despite contributing to national resources. Addressing a large public gathering titled “Haq Do Battagram Ko, Badal Do Nizam”, organised by JI, he said the district, which produces 120…
Trade agency said that the two sides will continue to advance their discussions on June 16-17 in Washington, DC MEXICO CITY: The US and Mexico trade negotiators on Friday concluded their first bilateral negotiating round to revise the US-Mexico-Canada Agreement on trade, discussing automotive rules of origin, steel and aluminum trade and economic security, the…