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Elon Musk once again becomes richest person in 2023, amassing total of $92 billion
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[ad_1] SpaceX owner and Tesla CEO Elon Musk poses as he arrives on the red carpet for the Axel Springer Awards ceremony in Berlin on December 1, 2020. — AFP Elon Musk becomes the wealthiest person in the world once…
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China’s emissions to surpass 4 billion MT | The Express Tribune
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[ad_1] COLORADO: China’s power sector emissions of carbon dioxide (CO2) and equivalent gases will surpass 4 billion metric tonnes for the first time in a calendar year in 2023, as the country cranks up coal-fired electricity output to new highs….
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Energy imports drop 13% to $1.42 billion in Nov | The Express Tribune
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[ad_1] KARACHI: Pakistan experienced a 13% decline in overall energy imports, reaching $1.42 billion in November 2023, shedding light on subdued demand for petroleum, oil, and gas products. Economic activities remained lacklustre due to sluggish growth, and the recent surge…
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Aon to purchase NFP for $13.4 billion
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[ad_1] An image of the outside of Aon office. — Aon An agreement has been reached for Aon plc to purchase NFP, a middle-market advisor for retirement plans, wealth manager, benefits consultant, and property and casualty broker. A total of…
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Pakistan inks $1.2 billion loan agreement with ADB
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[ad_1] An image of the headquarters of the Asian Development Bank (ADB). — ADB website/File The Asian Development Bank (ADB) Wednesday confirmed that it has inked a $1.2 billion loan agreement with Pakistan. The agreement, signed on December 15, provisions…
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Japan’s Nippon Steel to purchase US Steel Corp for $14.1 billion
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[ad_1] United States Steel Mon Valley Works Clairton Plant and Clairton Coke Works facility in Clairton Pennsylvania, Monday, September 11, 2023. — X/@thomasoneil Nippon Steel of Japan has agreed to purchase US Steel Corp for $14.1 billion, following the steelmaker’s…
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ECP gets over Rs17 billion in election funds
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[ad_1] A woman casts her vote in Pakistan’s general election at a polling station during the general election in Lahore, Pakistan, on July 25, 2018. — AFP ISLAMABAD: The federal government on Tuesday disbursed Rs17.4 billion to the Election Commission…
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Saudi Arabia rolls over $3 billion deposit for another year
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[ad_1] — AFP/File In a major relief to the country’s economy, Saudi Arabia has rolled over $3 billion deposit with the State Bank of Pakistan (SBP) for another year. “The Saudi Fund for Development (SFD) on behalf of the Kingdom…
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Pakistan IT exports could reach up to $10 billion under new policy: minister
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[ad_1] Caretaker IT Minister Dr Umar Saif is addressing event at a local hotel in Islamabad on November 23, 2023. — Ministry of IT and Telecommunication Caretaker Minister for Information Technology and Telecommunications Dr Umar Saif has said Pakistan IT…
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China, Saudi Arabia sign 50 billion yuan currency swap agreement
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[ad_1] Saudi Crown Prince Mohammed bin Salman shakes hands with Chinese leader Xi Jinping during the China-Arab Summit in the Saudi capital Riyadh on Friday. — AFP A local currency exchange agreement has been inked by the Saudi Central Bank…
