No loadshedding due to power generation shortfall: NA told
Federal Law Minister Azam Nazeer Tarar speaks during the National Assembly session in Islamabad on September 4, 2024. — Screengrab via Geo News As the incumbent government faces scrutiny due to soaring electricity prices and issues involving independent power producers (IPPs), Federal Law Minister Azam Nazeer Tarar has said that no loadshedding is being carried out in the […]
X closing operations in Brazil due to ‘censorship orders’ from judge
The logo of X, formerly Twitter, can be seen on top of a building in this undated image. — X/File Media platform X on Saturday announced it would immediately cease operations in Brazil, citing what it described as “censorship orders” from Brazilian judge Alexandre de Moraes. X, which is owned by billionaire Elon Musk, alleged […]
PIA suffers Rs21.81b loss due to aircraft grounding | The Express Tribune
KARACHI: Pakistan International Airlines (PIA), which is currently for sale, has suffered a staggering operational and financial loss exceeding Rs21.81 billion due to the prolonged grounding of aircraft in its fleet for maintenance. According to the auditor general’s report, the routine maintenance of PIA’s aircraft took between 44 to 239 days, far longer than expected. […]
Gas supply in Sindh, Balochistan areas affected due to leakage
This representational image shows flame burning on the stove. — Unsplash Gas supply to some of the areas of Sindh and Balochistan will be affected as one of the feeder lines supplying gas to Sui Southern Gas Company (SSGC) is facing a leakage. The gas transmission company, in a alert on Facebook, said that a Gambat […]
PM’s adviser says IMF ‘relaxed’ demands due to friendly nations
International Monetary Fund logo is seen inside the headquarters at the end of the IMF/World Bank annual meetings in Washington, US, October 9, 2016. — Reuters Adviser to Prime Minister on Political Affairs Rana Sanaullah Monday underscored the crucial role played by friendly country whose pledge to assist Islamabad resulted in relaxed conditions of the […]
How much money did Mark Zuckerberg lose due to global outage of Meta platforms?
Mark Zuckerberg, CEO of Facebook, is seen. —AFP Meta CEO Mark Zuckerberg faced a staggering loss of nearly $3 billion in the wake of a one-hour global shutdown affecting various popular social media platforms under the company’s umbrella, the New York Post reported. The outage resulted in a decline of $2.79 billion in Zuckerberg’s net […]
Robitussin cough syrup recalled by Haleon in US due to contamination
A syrup being poured into a spoon. — Robitussin Robitussin cough syrup supplied nationally is being recalled by Haleon owing to microbial contamination that may cause fatal infections in susceptible individuals, the US division of the global consumer health company based in the UK announced this week. “Use of the recalled products could potentially result in […]
Several Karachi areas to see cut in power due to maintenance works today
An image showing a power breakdown in Karachi on January 10, 2021. — AFP Karachiites will experience power outages in multiple areas on Tuesday (today) as the metropolis’ primary electricity supplier K-Electric (KE) would undertake maintenance activity at multiple grids in the country’s economic hub. In a statement, KE announced that power shutdown is required from 9am […]
Tesla recalls 120,000 cars due to door risks
A Tesla Y model car stands outside its showroom. — AFP/File Tesla is recalling more than 120,000 of its cars because unlocked doors have the potential to open during a crash, raising the risk of harm as per a notification by safety inspectors. According to a National Highway Traffic Safety Administration (NHTSA) document, the fault […]
Pakistan suffering Rs8 trillion in tax loss each year due to illicit trade
Shipping activity can be seen at Port Qasim, Karachi. — APP/File Amid dire economic circumstances, Pakistan is also losing Rs8 trillion each year in tax loss due to rampant illicit trade which is further exacerbating the country’s worrisome financial indicators. Pakistan has “one of the highest” illegal trade in Asia, amounting to $68 billion or 20% […]