Russia would support Pakistan’s inclusion in BRICS, says Russian deputy PM

Russia would support Pakistan’s inclusion in BRICS, says Russian deputy PM

ISLAMABAD, Sept 18 – Russian Deputy Prime Minister Alexei Overchuk said on Thursday that Moscow would support Pakistan’s inclusion in BRICS. “We would be supportive of it,” Overchuk, who is on a two-day visit to Islamabad told a joint press conference with Pakistan’s Deputy PM and Foreign Minister Ishaq Dar in Islamabad, in response to…

Elon Musk is on track to soon become the world’s first trillionaire

Elon Musk is on track to soon become the world’s first trillionaire

New York — Elon Musk’s sprawling empire — spanning everything from electric vehicles and social media to space rockets and miniature brain implants — may soon make him the world’s first trillionaire. Musk’s business success has made him one of the most influential — and controversial — people in the world. The Tesla boss is already the…

Russian Deputy PM Overchuk Arriving Pakistan: G2G pacts to be inked between Moscow and Islamabad.

Russian Deputy PM Overchuk Arriving Pakistan: G2G pacts to be inked between Moscow and Islamabad.

Trade, energy, finance and industry to be in focus ISLAMABAD: Pakistan and Russia are all set to ink a number of pacts on Government to Government with regard to trade, energy, finance and industry during the visit of Deputy Prime Minister of the Russian Federation, Alexey Overchuk on September 18-19, 2024. This would be the…

Swiss prosecutors freeze $310mn as part of Adani investigation

Swiss prosecutors freeze $310mn as part of Adani investigation

Court ruling reveals that money laundering probe began in 2021 Swiss prosecutors have frozen $310mn held at six Swiss banks by a person they suspect to be “a frontman” for Adani, the controversial Indian conglomerate fighting accusations of fraud.  A decision of the Federal Criminal Court published this week, which rejected an appeal against the…

Canada rail shutdown: PM says action coming soon

Canada rail shutdown: PM says action coming soon

The Canadian government will announce soon how it plans to tackle a nationwide freight rail stoppage, Prime Minister Justin Trudeau said on Thursday, stressing the need for a quick solution. Trudeau, speaking to reporters in Quebec, said the stoppage would soon have an impact across the country. Canada’s top two railroads locked out more than…

Top US oilfield firm Halliburton hit by cyberattack, source says

Top US oilfield firm Halliburton hit by cyberattack, source says

U.S. oilfield services firm Halliburton on Wednesday was hit by a cyberattack, according to a person familiar with the matter. Halliburton said it was aware of an issue affecting certain systems at the company and was working to determine the cause and impact of the problem. The company was also working with “leading external experts” to…

Tesla to get lower EU tariff on its Chinese-made EVs

Tesla to get lower EU tariff on its Chinese-made EVs

The European Union has slashed its planned extra tariff on Tesla (TSLA.O), electric vehicles imported from China by more than half, the bloc’s executive said on Tuesday, following further investigations requested by the company. The European Commission also revised its proposed punitive duties on imports of Chinese-made EVs in draft findings, in the highest profile EU…

Physical buyers win battle for copper market as funds retreat

Physical buyers win battle for copper market as funds retreat

Investors fleeing the copper market are likely to be sidelined for many months, leaving the field clear for physical players who expect demand in top consumer China and elsewhere to deteriorate over coming months and weigh on prices. A fund buying frenzy, based on an expected shortage of copper relative to demand, sparked a rally…