[ad_1] SYDNEY: The Australian government has confirmed it will contribute A$3.435 billion ($2.25 billion) towards the A$7.1 billion cost of building the venues for the 2032 Brisbane Olympics, clearing the way for the start of construction. Queensland taxpayers and private finance will provide the balance of the money for the 17 new and upgraded venues … Read more
[ad_1] US President Donald Trump on Tuesday threatened to cut off billions of dollars in subsidies that Elon Musk’s companies receive from the federal government, escalating a public feud between the president and the billionaire tech magnate. The clash reignited on Monday when Musk, a one-time Trump ally who spent hundreds of millions supporting his … Read more
[ad_1] PESHAWAR: There is growing concern over the possible closure of 19 outsourced hospitals in Khyber-Pakhtunkhwa’s merged districts due to a suspension of funding. According to sources, the provincial health department was obligated to pay Rs1 billion to these hospitals. However, no funds have been disbursed over the past six months, and employees have not … Read more
[ad_1] ISLAMABAD: The Karachi-Rohri section will be the most vital segment of the of the Mainline (ML)-1 project in terms of freight connectivity with Central Asia and Russia, as well as providing transportation link to the Thar coal and Reko Diq mines, Railways Minister Hanif Abbasi said on Friday. Talking to the reporters outside the … Read more
[ad_1] Listen to article ISLAMABAD: National Credit Guarantee Company Limited (NCGCL) has agreed to support green financing up to Rs10 billion in a bid to create a conducive ecosystem for climate-smart entrepreneurship, particularly for young innovators and women-led green startups. NCGCL, which has recently been awarded ‘AAA’ rating by Pakistan Credit Rating Agency (Pacra), will provide support … Read more
[ad_1] LAHORE: Facing financial constraints in pursuing research and development projects, several big government universities in Lahore are considering a hike in their fees. According to the budget documents, the Punjab government has allocated Rs18 billion for the 51 public sector universities in the province for the coming year. As compared to that, the Sindh … Read more
[ad_1] Nuclear innovation firm TerraPower, chaired by Bill Gates, has raised $650 million in new funding to support the construction of the United States’ first advanced commercial nuclear reactor, with Nvidia’s venture arm, NVentures, among the key investors. The funding, which was announced through a press release, reiterated TerraPower’s ultimate aim of providing clean and … Read more
[ad_1] ISLAMABAD: The recent rollback of the Metro Bus fare from Rs100 to Rs50, following public outcry and the prime minister’s intervention, has offered immediate relief to thousands of commuters in Islamabad and Rawalpindi. But behind the applause lies a more complex challenge: how to sustain quality public transport while keeping it affordable for the … Read more
[ad_1] Listen to article A federal judge dismissed a lawsuit against the Trump administration by two labor unions for Columbia University faculty that challenged funding cuts and demands to overhaul student discipline and boost oversight for a Middle Eastern studies department. US District Judge Mary Kay Vyskocil in Manhattan said the American Association of University Professors and … Read more