Trump Delays TikTok Ban as $14 Billion U.S. Deal Takes Shape WASHINGTON – A new U.S.-based TikTok company is moving closer to reality, with an estimated value of around $14 billion, Vice President JD Vance confirmed Thursday. The figure is far below some Wall Street projections, but marks a major step in Washington’s effort to […]
Pakistan Signs Rs1.275 Trillion Deal to Settle Circular Debt ISLAMABAD – Pakistan has taken a major step to tackle its longstanding circular debt in the power sector, signing a Rs1.275 trillion financing agreement with commercial banks. The signing ceremony was held at the Prime Minister’s Office (PMO) in Islamabad, while Prime Minister Shehbaz Sharif joined virtually […]
EU and Indonesia Seal Landmark Trade Deal to Boost Investment and Cut Tariffs Bali, Indonesia – The European Union and Indonesia have signed a major trade agreement aimed at opening up investment in key sectors, including electric vehicles, electronics, and pharmaceuticals. The pact was signed in Bali by EU Trade Commissioner Maros Sefcovic and Indonesian […]
Shanghai Electric Cancels K-Electric Acquisition Deal Karachi – Shanghai Electric has officially withdrawn from its long-standing plan to acquire a majority stake in K-Electric, Pakistan’s sole power provider in Karachi. The deal, which had been stalled for several years due to regulatory and legal hurdles, involved Shanghai Electric purchasing 66.4% of K-Electric from KES Power […]
Iran Signals Willingness for Nuclear Deal, Warns Against Missed Opportunity TEHRAN — Iran has declared it is prepared to strike a “realistic and lasting bargain” on its nuclear program, offering strict oversight and limits on uranium enrichment in exchange for the lifting of sanctions. The message, delivered by Foreign Minister Abbas Araghchi, cautioned that failure […]
Trump Presses Hamas to Accept Ceasefire Deal After Israel Agrees WASHINGTON — Former U.S. President Donald Trump has urged Hamas to accept his proposed ceasefire plan, saying Israel has already agreed to the terms. “The Israelis have accepted my terms. It is time for Hamas to accept as well,” Trump declared in a Truth Social […]
Liverpool Close in on Sweden Star Alexander Isak in Record Deal Liverpool has reportedly reached an agreement to sign Sweden international Alexander Isak, according to sources. Football journalist Fabrizio Romano also confirmed that Isak is set to undergo medical tests today, ahead of joining the Reds on a long-term deal that was agreed months ago. […]
US Backs Missile Sale to Ukraine with European Support KYIV – Ukraine is set to purchase missiles with the help of European partners and U.S. backing, the U.S. Defense Security Cooperation Agency (DSCA) confirmed in a statement. The deal will be financed by Denmark, the Netherlands, and Norway, alongside a U.S. loan guarantee. According to […]
Oil Prices Ease as Trump, Putin Signal Push for Peace Deal Global oil prices edged lower on Monday as traders weighed geopolitical developments and U.S. monetary policy signals. Brent crude slipped 26 cents, or 0.39%, to $65.59 a barrel by 0028 GMT, while U.S. West Texas Intermediate (WTI) crude fell 18 cents, or 0.29%, to […]
Pakistan Set to Receive Major US Investments After Successful Trade Talks Islamabad — Pakistan is on track to welcome significant investments from the United States across multiple sectors, according to Finance Minister Muhammad Aurangzeb, who spoke following his recent visit to the US. In an informal chat after returning home, Aurangzeb shared that Pakistan made […]
