Brad Pitt, Angelina Jolie’s Legal Battle Heats Up Again

Brad Pitt and Angelina Jolie’s ongoing legal feud is far from over. Despite their 2016 divorce, the two Hollywood stars are heading back to court next year for a high-stakes showdown. This comes after a judge recently dismissed Jolie’s motion to throw out Pitt’s lawsuit over their French vineyard, Chateau Miraval. The legal battle, which …

PSX Soars 750+ Points as Investor Sentiment Improves

Investor sentiment at the Pakistan Stock Exchange (PSX) remained positive on Friday, as the benchmark KSE-100 Index gained over 750 points in the first half of the trading session. This surge came after concerns over a potential mini-budget eased, contributing to growing optimism among investors. By 12pm on Friday, the KSE-100 Index was hovering at …

Earthquake Strikes Papua New Guinea’s Eastern Coast

SYDNEY: A powerful earthquake of magnitude 6.6 struck off the eastern coast of Papua New Guinea on Friday, according to the United States Geological Survey (USGS). The earthquake’s epicenter was located 123.2 kilometers (76.5 miles) from Kokopo, a town in the country’s East New Britain province. The quake hit at a depth of 51 kilometers …

Elon Musk Holds Secret Meeting with Iran’s UN Ambassador

Billionaire Elon Musk, a close adviser to U.S. President-elect Donald Trump, met with Iran’s Ambassador to the United Nations, Amir Saeid Iravani, on Monday, according to The New York Times. The meeting aimed to explore ways to ease tensions between the U.S. and Iran. The meeting, which lasted over an hour, took place at a …

Supreme Court Hears 18 Cases on First Day, Dismisses Several Petitions

ISLAMABAD: The Supreme Court’s Constitutional Bench heard 18 cases on its first day of proceedings, addressing key legal and constitutional issues. The bench, led by Justice Aminuddin Khan, focused on environmental pollution, the appointment of Qazi Faez Isa, foreign marriages involving parliamentarians, the rescheduling of the February 8 elections, and various petitions concerning foreign assets …

Sheikh Rasheed Acquitted in Defamation Case Against Asif Ali Zardari

Islamabad’s District and Session Court has acquitted former interior minister Sheikh Rasheed in a defamation case filed against him for making derogatory remarks about former President Asif Ali Zardari. The ruling, delivered today, brings an end to a year-long legal battle for the Awami Muslim League (AML) chief. Rasheed, who was booked last year at …

ICC Confirms Pakistan as 2024 Champions Trophy Host

The International Cricket Council (ICC) revealed a new visual identity for the men’s and women’s Champions Trophy on Wednesday. The announcement confirmed Pakistan as the host country for the prestigious event. The new design features elements of Pakistan’s culture, including Lahore’s Shahi Qila (Royal Fort) and traditional truck art. The Champions Trophy will be a …

Two Rockets Launched from Lebanon Intercepted Near Haifa

Two rockets fired from Lebanon toward the Haifa Bay area were intercepted by Israel’s missile defense system, the Israeli military confirmed. The attack did not result in any casualties, according to The Times of Israel. The interception marks a continued escalation of violence along Israel’s northern border as tensions with Hezbollah persist. Golani Brigade Faces …

Govt Plans Tax Relief for Salaried Class, Targets Cigarette Tax Evasion

ISLAMABAD: Minister of State for Finance and Revenue, Ali Pervaiz Malik, announced Thursday that the government aims to reduce the tax burden on the salaried class and withdraw taxes on milk. However, this will only be possible if the Federal Board of Revenue (FBR) succeeds in recovering Rs 300 billion to Rs 350 billion from …

US Secretary of State Congratulates Israel’s New Foreign Minister Gideon Saar

Antony Blinken, the US Secretary of State, spoke with Israel’s newly appointed Foreign Minister, Gideon Saar, marking their first official conversation. In Thursday’s call, Blinken congratulated Saar on his new role, emphasizing the significance of US-Israel relations amidst ongoing regional challenges. Saar assumed office on November 5 after Israeli Prime Minister Benjamin Netanyahu replaced Israel …

Meta Collaborates with Top Pakistani Creators

Throughout the week, Meta worked with some of Pakistan’s most popular digital creators, including Food Fusion, Samosiii, and Osamah Nasir. These collaborations involved unique content creation activities that highlighted the talent and creativity of local influencers on Meta’s platforms. The aim was to connect with wider audiences and amplify the voices of these digital creators …

Gold Rate in Pakistan Records Second Huge Decrease This Week

The price of gold in Pakistan experienced its second major decrease this week, falling by Rs. 5,500 per tola on Thursday. This drop comes after a similar decline earlier in the week, marking a significant reduction in the precious metal’s value. Latest Price Decrease According to the All-Sindh Sarafa Jewellers Association, the price of 24-carat …

Israel Targets Palestinian Islamic Jihad Members in Damascus

The Israeli military confirmed recent strikes in Syria aimed at members of the Palestinian Islamic Jihad (PIJ). This Gaza-based militant group, which joined Hamas in the October 7 attacks against Israel, has reportedly been active in the region. Israel’s targeting of PIJ members in Syria marks an escalation, as recent strikes have predominantly focused on …

FBR Staff Protest Reward Disparities

  Employees of the Federal Board of Revenue (FBR) in Grades 1 to 16 have raised concerns about unequal reward distribution for the first quarter of FY25. They claim that the rewards were not distributed fairly among the staff. Letter Sent to Authorities In response to these concerns, FBR employees have sent a formal letter …

Sazgar Approves Rs. 1.5 Billion Land Purchase for Expansion

Sazgar Engineering Works Limited (PSX: SAZEW) has announced its approval to purchase 140 kanals of land for Rs. 1.54 billion. The land is located adjacent to Sazgar’s existing four-wheeler project. Support for Expansion This acquisition is part of Sazgar’s strategy to support its future growth. The additional land will provide space for expansion of its …

UN Report Urges Legal Action Against Israel

A new report from the United Nations human rights office claims that Israel’s actions in Gaza could be “consistent with genocide.” This report, issued by a special UN committee, urges member states to refrain from supporting Israel in what it describes as violations of international law. These findings are expected to provide stronger grounds for …

Pakistan High Commission Seeks UK Action on Khawaja Asif Incident

Islamabad: The Pakistan High Commission in London has formally requested British authorities to take action following an incident involving Defence Minister Khawaja Asif. The High Commission lodged a written complaint with the London Metropolitan Transport Police, urging them to investigate and act against the individual responsible. The High Commission has submitted an official complaint, pushing …

Ravi Shastri Backs Virat Kohli to Bounce Back Strong in Australia

Former India coach Ravi Shastri stands firmly behind star batter Virat Kohli as India heads into the highly anticipated Test series against Australia. Kohli’s recent form has raised eyebrows, but Shastri believes the experienced batter will make a strong comeback. Kohli has struggled in recent months, scoring only one half-century and averaging a low 21.33 …

SECP Introduces New Regulations to Boost Investment Advisory Services

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued the Securities Managers (Licensing and Operations) Regulations, 2024. This regulatory framework aims to facilitate investment advisory in Pakistan’s securities market. Under the new regulations, qualified securities brokers are allowed to provide portfolio management services. To do this, brokers must obtain a securities manager license …

Hidden Dangers Behind the Low Price Tag by Temu

In recent years, the Temu app has captured the attention of millions worldwide with its seemingly irresistible low prices and an endless catalog of quirky, fun, and unique items. From kitchen gadgets to funky home decor, the platform has become a favorite for anyone looking to spruce up their space without breaking the bank. Yet, …

Foreign Office Dismisses Reports of Chinese Security Pressure

Pakistan’s Foreign Office (FO), on Thursday, denied claims that China is pressuring Islamabad to allow Chinese security personnel to protect Chinese nationals in Pakistan. FO Spokesperson Mumtaz Zahra Baloch called these reports “speculations,” asserting they are “motivated by an agenda to create confusion.” She made the statement amid growing security concerns, as recent attacks have …

Pakistan Stock Exchange Sees Strong Recovery on Thursday

The Pakistan Stock Exchange (PSX) saw a strong recovery on Thursday, with shares climbing more than 800 points during intraday trade. Analysts attributed the rally to improving macroeconomic stability, which encouraged investor confidence. After a slight dip on Tuesday, when the market snapped its record-breaking streak, the PSX bounced back on Wednesday with a modest …

Trump and Biden Meet, Pledge Smooth Transition of Power

President-elect Donald Trump and President Joe Biden met at the White House on Wednesday. This was their first meeting since Trump reclaimed the presidency in last week’s election. Both men promised a smooth transfer of power in January, despite their long history as rivals. The two leaders sat side by side in the Oval Office, …

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