Intel announced plans to spin off its venture capital and investment unit, Intel Capital, into an independent company to improve operational efficiency. The standalone entity, expected to launch in the second half of 2025, will operate under a new name, with Intel remaining a major investor. The transition will see the existing Intel Capital team … Read more
The State Bank of Pakistan (SBP) on Friday released the advance schedule of Monetary Policy Committee (MPC) meetings for the first half of 2025. According to the calendar, the central bank will hold four meetings between January and June. The first meeting of the Monetary Policy Committee is scheduled for January 27, followed by the … Read more
Film Independent announced the winners of its three Emerging Filmmaker Awards at its annual Spirit Awards Nominee Brunch on Saturday. Winners in the remaining categories are scheduled to be announced on February 22. Opening remarks were delivered by Film Independent Board Chair Brenda Robinson, who recalled the organization’s late president Josh Welch during her speech. … Read more
Elon Musk’s SpaceX announced that its upcoming Starship test flight will include the rocket’s first attempt to deploy payloads in space, launching 10 prototype Starlink satellites. “While in space, Starship will deploy 10 Starlink simulators, similar in size and weight to next-generation Starlink satellites as the first exercise for a satellite deployment mission,” the company … Read more
The Pakistan Stock Exchange (PSX) has completed the semi-annual reconstitution of the KSE-Mizan 30 Index (KMI-30) for the period from January 1, 2024 to June 30, 2024. The reconfiguration will take effect on Monday, December 30. 2024, includes the inclusion of seven companies with the elimination of an equal number based on the specified selection … Read more
Oil and Gas Development Company Limited (OGDCL) has announced the discovery of gas and condensate in the Samanasuk Formation, an exploration area, at the Petani-02 (Slant) well located in Lakki Marwat District, Khyber Pakhtunkhwa Province. The exploration and production giant shared this development with the Pakistan Stock Exchange (PSX) through a notification on Friday in … Read more
Islamabad: Mughal Energy Company Limited announced plans to issue sukuks worth 2.5 billion rupees, after its board of directors approved amending the terms and structure of the issuance. The company disclosed this development to the Pakistan Stock Exchange (PSX) on Monday. According to the notice, the sukuk will be offered to the company’s existing shareholders … Read more
FORT WORTH — Joe Exotic, who rose to fame in the Netflix series “Tiger King” and is currently serving time in federal prison, says he is engaged to a fellow Texan and hopes to get married. Exotic, whose real name is Joseph Maldonado, is currently incarcerated at the Federal Medical Center in Fort Worth. He … Read more
Mohammad Rizwan has been announced as Pakistan’s new white-ball captain, and his first assignment will be the ODI and T20I series against Australia next month. The team marks the return of Babar Azam, Shaheen Shah Afridi and Naseem Shah. The trio, absent from Pakistan’s last two Tests against England, are back in both white-ball formats. … Read more
A strike banner hangs from a position near a Boeing sign as Boeing factory workers and supporters gather in a picket line during the third day of the strike near the entrance to Boeing’s production facility in Renton, Washington, US on September 15, 2024. – Reuters Global aerospace giant Boeing announced it will cut 17,000 … Read more