Posted inWorld

Musk’s Boring Company raises $675 mn to scale Loop projects

Tech billionaire Elon Musk’s Boring Company has raised $675 million in the Series Cround, bringing its valuation up to $5.7 billion. Boring Company is Musk’s project to build underground highways to alleviate traffic congestion.  The round was led by Vy Capital and Sequoia Capital, with participation from Valor Equity Partners, Founders Fund, 8VC, Craft Ventures, […]

Posted inWorld

Ukraine foils Russia-backed cyber attack on power grid

Ukraine has foiled a massive cyber attack on its power grid that was the handiwork of Russia-backed hackers. Ukrainian officials said they stopped an attack on an energy facility with the help of researchers from cybersecurity firm ESET and Microsoft, reports The Record. “They discovered a new variant of Industroyer, an infamous piece of malware […]

Posted inWorld

World Bank approves $300mn rehabilitation fund for Ethiopia

The World Bank has announced it has approved a $300 million rehabilitation fund for Ethiopia.In a press statement, the World Bank on Wednesday said the newly approved funds will be used to rehabilitate those affected by conflict and its consequences in various parts of the east African country. “Conflicts in Ethiopia have resulted in loss […]

Posted inWorld

Netizens think Pak PM’s plane-meeting is all ‘hot air’

Netizens and observers are terming the newly-elected Pakistan Prime Minister Shehbaz Sharif’s much- hyped meeting to discuss the economy “up in the air” a “mere optics” to cultivate his “can-do” image in his initial days, Express Tribune” reported. According to sources, the newly elected Prime Minister also issued instructions to relevant authorities during an official […]

Posted inWorld

Heavy rains kill 253 in S.Africa

The death toll due to heavy rains in South Africa’s KwaZulu-Natal province has risen to 253, said a government official. KwaZulu-Natal Member of the Executive Council for Health, Nomagugu Simelane announced the death toll while speaking to the television station ENCA on Wednesday. Simelane was speaking on the sidelines of the visit by President Cyril […]

Posted inWorld

Philippines storm death toll rises to 121

The death toll from the tropical storm that battered the Philippines over last weekend rose to 121, including 81 victims buried by landslides in central Philippine city, authorities said on Thursday. The deaths include 118 in the central Philippines and three in the southern Philippines, the areas that experienced flooding and massive landslides triggered by […]

Posted inWorld

2nd phase of special military operation begins in Ukraine: Russia

The second phase of the special military operation in Ukraine began on Wednesday, announced Russian Foreign Minister Sergei Lavrov. As per media reports, the operation in eastern Ukraine is aimed at “completely liberating” the populations of Donetsk and Lugansk, Lavrov said on Tuesday, Xinhua news agency reported. According to a report from Russia Today, Mikhail […]

Posted inWorld

PML-N plans impeachment of Pak President Alvi

The PML-N led government in Pakistan has announced plans to impeach President Arif Alvi, who has recently emerged as a major obstacle to the smooth sailing of the new government and blocked Pak Punjab Chief Minister-elect Hamza Shehbaz Sharif’s oath-taking among other things, Samaa TV reported. The possibility of impeachment was first raised by Pak […]