Elon Musk Becomes World’s First $500 Billion Man — Briefly Elon Musk, the billionaire behind Tesla and SpaceX, has become the first person in history to briefly cross the $500 billion net worth mark, according to Forbes’ Real-Time Billionaires tracker. The 54-year-old’s wealth touched $500.1 billion on Wednesday before slipping slightly to $499.1 billion, fueled […]
UN Warns Billions Still Lack Safe Drinking Water and Sanitation UNITED NATIONS – A new UN report has revealed a stark reality: one in every four people across the globe did not have access to safely managed drinking water in 2023. More than 100 million people were forced to rely on unsafe sources such as […]
Shares in the maker of Dove soap and Hellmann’s condiments rose 6.8% in early trade to the top of London’s FTSE 100 index. Unilever posted a 3.9% rise in second-quarter underlying sales, below the 4.2% increase expected by analysts in a company-compiled consensus. It maintained its full-year underlying sales growth forecast of 3% to 5%, […]
The prime suspect, Sheikh Rashid, and his partners are under direct investigation for allegedly embezzling billions of rupees from sugar dealers and traders. NAB DG Lahore has formed a team to conduct immediate investigations, and the inquiry has begun against Sheikh Rashid, Kashif, and Faisal. The NAB spokesperson said that Sheikh Rashid’s four warehouses in […]
The foreign exchange reserves held by the central bank rose 0.45% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On October 23, the foreign currency reserves held by the SBP were recorded at $12,121.5 million; up $55 million compared with $12,066.6 million in the previous week. […]