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SpaceX Starship Test Flight Aborted Due to Engine Failure, Stock Falls
BusinessbloombergNYTle-monde+19yle-uutisetcnbcfazaftonbladetberlingskele-figarosvenska-dagbladetdie-presse+11 more1mo ago22 sources

SpaceX Starship Test Flight Aborted Due to Engine Failure, Stock Falls

SpaceX abruptly aborted the 13th test flight of its Starship rocket just moments before liftoff, with Elon Musk confirming the reason was some engines failing to ignite. The automatic abort, the first since the company's recent IPO, led to a further drop in SpaceX's stock price.

Pakistan's FBR Considers New Performance Metrics
PoliticsDawn1mo ago

Pakistan's FBR Considers New Performance Metrics

Pakistan's Federal Board of Revenue (FBR) is reportedly considering a shift from monthly tax collection targets to a fiscal-year-based performance evaluation system for its field formations, aiming to reduce pressure.

Australia Confirms First Case of H5 Bird Flu on Mainland
HealthBBCbloombergThe Guardian+17Al Jazeerayle-uutisetcbcruvfazDWSCMPder-standard+9 more2mo ago20 sources

Australia Confirms First Case of H5 Bird Flu on Mainland

Australia has detected its first case of the contagious H5 strain of bird flu on its mainland, found in a migratory bird. This confirmation marks the virus's spread to every continent, prompting Australian authorities to pledge action to contain its spread.

Israel Halts Contact with EU Foreign Policy Chief Kaja Kallas Over Apartheid Remarks
WorldeconomistFTdr-dk+44nrkhelsingin-sanomataftonbladetberlingskeDWlsm-lvSCMPsvenska-dagbladet+36 more2mo ago47 sources

Israel Halts Contact with EU Foreign Policy Chief Kaja Kallas Over Apartheid Remarks

Israel's Foreign Minister announced the cessation of all contact with EU foreign policy chief Kaja Kallas following her alleged comparison of Israel's actions to apartheid. Kallas responded to the Israeli minister's comments, clarifying her position.

EU Pressures Meta to Break WhatsApp's 'Monopoly'
Politicsdie-presse2mo ago

EU Pressures Meta to Break WhatsApp's 'Monopoly'

The EU Commission is increasing pressure on Meta, demanding that its messenger subsidiary WhatsApp grant access to other AI chatbots, including MetaAI, within days and open up in other areas to address its perceived 'monopoly'.

Optimism Rises in Blatten After Major Rockslide
Worldfaz2mo ago

Optimism Rises in Blatten After Major Rockslide

Following a massive rockslide in Blatten, Switzerland, a sense of optimism and new beginnings is emerging, with four-legged animals seen as symbols of hope and a 'why not?' mindset driving possibilities.

LHC Quashes Super Tax on Inherited Land Sales
FinanceDawn3mo ago

LHC Quashes Super Tax on Inherited Land Sales

The Lahore High Court has ruled that an extra levy cannot be applied if the primary capital gains tax is zero, dismissing the FBR's claim that wealth overrides tax exemptions and citing a ruling limiting the scope of the super tax.

Péter Magyar Sworn In as Hungary's New Prime Minister
PoliticsBBCtagesschaufaz+16svenska-dagbladetNHK Worldtvn24de-volkskranthvgn1-serbiadnevnik-bghotnews+8 more3mo ago19 sources

Péter Magyar Sworn In as Hungary's New Prime Minister

Péter Magyar has officially been sworn in as Hungary's prime minister, ending Viktor Orbán's 16-year tenure. Magyar's new government is expected to pursue economic reforms and a pro-European shift, generating optimism among supporters.

Burglar Convicted for Hospital Power Outage
Politicsdr-dkberlingske3mo ago2 sources

Burglar Convicted for Hospital Power Outage

A man, identified as a burglar, has been convicted for deliberately cutting off the power supply to a hospital. The incident led to a conviction for interrupting the hospital's electricity.

UN Secretary-General Succession: Favorites Emerge
Worldnzz4mo ago

UN Secretary-General Succession: Favorites Emerge

Michelle Bachelet and Rafael Grossi are considered frontrunners to succeed António Guterres as UN Secretary-General. Their visions for a more efficient UN face challenges due to global tensions and the need to avoid alienating veto powers.

Swiss Climate Fund Initiative Fails
Politicsnzz20-minuten5mo ago2 sources

Swiss Climate Fund Initiative Fails

The Climate Fund Initiative was rejected by voters by a wider margin than anticipated, sending a clear signal against debt-financed climate policies.

Power outage across Iraq
Worldukrainska-pravdaberlingskedelfi-lt+5digi24hvgindex-hriefimeridaklix-ba5mo ago8 sources

Power outage across Iraq

The Iraqi Ministry of Electricity announced that the entire country has been affected by a complete power outage, without stating the cause.

Trump kicks off State of the Union touting his economic agenda
PoliticsNYTFox Newsla-repubblica+8Business InsiderdeloThe Independentpolitikennational-posthotnewshindustan-timesmyjoyonline5mo ago11 sources

Trump kicks off State of the Union touting his economic agenda

President Donald Trump gave his annual State of the Union speech before Congress. Nathan Howard/Getty Images President Donald Trump is giving his annual State of the Union address before Congress. He

Christopher Nolan's 'The Odyssey' Receives Mixed Reviews
CultureBBCle-mondewapo+46The Guardianyle-uutisetcbctagesschaufazberlingskele-figarosvenska-dagbladet+38 more1mo ago49 sources

Christopher Nolan's 'The Odyssey' Receives Mixed Reviews

Christopher Nolan's new IMAX epic, 'The Odyssey,' has premiered to a range of critical responses, with some praising it as a 'colossal piece of cinema' and visually stunning, while others found it emotionally adrift and struggling to match Homer's original work. The film explores the human aspects of the king's return and the effects of war.

Morocco Advances with High-Speed Rail and Economic Progress
Worldfaz1mo ago

Morocco Advances with High-Speed Rail and Economic Progress

Morocco is accelerating its development, symbolized by Africa's first high-speed train connecting Rabat and Tangier. This infrastructure project is a visible sign of the country's progress, balancing future aspirations with its cultural roots.

Burkina Faso cuts diplomatic ties with France
Worldle-mondeAl Jazeeradr-dk+13nosaftonbladetberlingskele-figaroSCMPFrance 24The Independentpolitiken+5 more1mo ago16 sources

Burkina Faso cuts diplomatic ties with France

Burkina Faso's ruling junta has announced the immediate termination of diplomatic relations with France, its former colonial power, marking a significant shift in the West African nation's foreign policy.

Pakistani Business Leaders Urge Outsourcing FBR to AI
Politicsexpress-tribune2mo ago

Pakistani Business Leaders Urge Outsourcing FBR to AI

Former presidents of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) are urging the outsourcing of the Federal Board of Revenue (FBR) to Artificial Intelligence, stating that IMF policies have pushed 50% of the population into poverty.

FBR Designated to Collect Levies on Petroleum Products
Politicsexpress-tribune3mo ago

FBR Designated to Collect Levies on Petroleum Products

The government has designated the Federal Board of Revenue (FBR) as the collection agent for the Petroleum Division, tasked with collecting petroleum development levy (PDL) and customs surcharge levy (CSL) on petroleum products.

Pakistan Increases Import Valuation for Used Mobile Phones
BusinessDawnexpress-tribune3mo ago2 sources

Pakistan Increases Import Valuation for Used Mobile Phones

Customs authorities in Pakistan have increased the import valuation for 62 models of old and used mobile phones, leading to a significant price hike for these devices. This move by the FBR has made used imported mobiles considerably more expensive.

India's Prototype Fast Breeder Reactor Achieves Criticality
BusinessbloombergDWTimes of India4mo ago3 sources

India's Prototype Fast Breeder Reactor Achieves Criticality

India has achieved a significant milestone in its nuclear program as the indigenously developed Prototype Fast Breeder Reactor (PFBR) at Kalpakkam reached criticality. This step advances the country's goal of nuclear fuel self-reliance.

IMF to Set Tax Benchmarks for Pakistan's FBR
Businessexpress-tribune5mo ago

IMF to Set Tax Benchmarks for Pakistan's FBR

The International Monetary Fund (IMF) is reportedly set to establish new tax benchmarks for Pakistan's Federal Board of Revenue (FBR), focusing on audits, digital invoicing, and enforcement outcomes.

IMF staff-level deal delayed amid Middle East crisis
BusinessDawn5mo ago

IMF staff-level deal delayed amid Middle East crisis

• Lender, govt remain tight-lipped on review outcome • War tensions cloud fiscal, economic projections • Final session focuses on FBR transformation plan • Budget discussions may continue until IMF-WB spring meetings ISLAMABAD: Pakistan and the International Monetary Fund (IMF) could not reach a staff-level agreement (SLA) on the third review of the country’s $7 billion Extended Fund Facility (EFF) and the second review of the Resilience and Sustainability Facility (RSF) within the scheduled ...

FBR misses collection target by Rs429bn in eight months
FinanceDawn5mo ago

FBR misses collection target by Rs429bn in eight months

ISLAMABAD: The Federal Board of Revenue (FBR) missed its projected collection target by a staggering Rs429 billion during the first eight months of 2025-26. However, the collection recorded an 11 per cent increase to Rs8.121 trillion during July-February FY26, compared with Rs7.334tr raised in the same period last year, according to provisional figures released on Saturday. The FBR had set a revenue collection target of Rs8.550tr for 8MFY26. The revenue shortfall is primarily attributed to a ...

New Fiber Optic Cable Factory in Berrechid to Create 165 Jobs with MAD 200 Million Investment
Businessmorocco-world-news5mo ago

New Fiber Optic Cable Factory in Berrechid to Create 165 Jobs with MAD 200 Million Investment

Agadir – FBR Cables officially inaugurated a new industrial unit in Berrechid dedicated to the production of fiber optic and network cables on Monday, February 23. The ceremony took place in the presence of Ryad Mezzour, Minister of Industry and Trade. The project represents a total investment of MAD 200 million ($21.86 million) and is […] The post New Fiber Optic Cable Factory in Berrechid to Create 165 Jobs with MAD 200 Million Investment appeared first on Morocco World News.

Belgium Battles Largest Wildfire in History, Forcing Evacuations Near German Border
EnvironmentBBCle-mondehelsingin-sanomat+27nostagesschauaftonbladetberlingskeder-spiegelFrance 24irozhlastvn24+19 more4d ago30 sources

Belgium Battles Largest Wildfire in History, Forcing Evacuations Near German Border

Belgium is experiencing its largest-ever wildfire in the High Fens nature reserve, leading to evacuations of nearby villages and causing smoke to be detectable in Luxembourg. The blaze has prompted international concern and put Europe on high alert for wildfires.

Cuba Experiences Widespread Power Outages Affecting Multiple Provinces
Worldaftonbladetberlingskele-figaro+9svenska-dagbladettvn24politikenhindustan-timesnaftemporikinewsbeastavgiexpress-tribune+1 more17d ago12 sources

Cuba Experiences Widespread Power Outages Affecting Multiple Provinces

Five of Cuba's 15 provinces, including Havana, were plunged into darkness due to a significant power outage. This incident marks another widespread electricity disruption for the island nation.

Europe Grapples with Deadly Heatwave, Record Temperatures, and Power Surges
WorldBBCle-mondeAl Jazeera+46dr-dknzzyle-uutisetcbcfazaftonbladetlsm-lvirozhlas+38 more1mo ago49 sources

Europe Grapples with Deadly Heatwave, Record Temperatures, and Power Surges

A severe heatwave has gripped multiple European countries, leading to record-breaking temperatures, over 1,300 deaths, and a 20% surge in electricity consumption in some areas. The extreme conditions have also caused infrastructure issues and tragic incidents, including the deaths of children left in cars.

Sindh Budget Prepared Under Constitutional Arrangements
Politicsexpress-tribune2mo ago

Sindh Budget Prepared Under Constitutional Arrangements

The Sindh Chief Minister stated that the Sindh budget was prepared under constitutional arrangements. The Federal Board of Revenue (FBR) has set a target of Rs15.264 trillion, with provinces expected to receive their share up to Rs13.35 trillion.

LCCI Urges Fair Tax Targets and Higher PSDP
Businessexpress-tribune2mo ago

LCCI Urges Fair Tax Targets and Higher PSDP

The Lahore Chamber of Commerce and Industry (LCCI) has proposed a 4-5% increase in FBR revenue targets, a 10-12% rise in defense spending, and the removal of infrastructure cess.

Long Island Rail Road Strike Paralyzes New York Commuter Service
BusinessbloombergThe GuardianCNN+16Fox NewsDWtvn24die-presseEL PAISThe Independentobservadorstraits-times+8 more3mo ago19 sources

Long Island Rail Road Strike Paralyzes New York Commuter Service

Workers for the Long Island Rail Road (LIRR) have gone on strike, halting service on the busiest commuter line in the United States. The strike has left hundreds of thousands of New York commuters without service and caused significant travel chaos.

Russia, Ukraine Exchange Intense Strikes Amid Escalating Conflict
PoliticsBBCukrainska-pravdaaftonbladet+14berlingskesvenska-dagbladetrzeczpospolitael-mundoBusiness Insiderdelfi-lthvgindex-hr+6 more3mo ago17 sources

Russia, Ukraine Exchange Intense Strikes Amid Escalating Conflict

Russia launched widespread missile and drone attacks across Ukraine, hitting railway infrastructure, industrial facilities, and causing casualties and gas supply disruptions. Simultaneously, Ukraine conducted massive drone strikes deep into Russian territory, targeting oil refineries and military complexes.

Multiple Nations Implement Fuel Tax Cuts and Discounts
Financeruvtagesschaule-figaro+13la-repubblicavgn1-serbiail-sole-24-orela-vanguardiaindian-expresscyprus-mailiefimerida+5 more3mo ago16 sources

Multiple Nations Implement Fuel Tax Cuts and Discounts

Governments in several nations, including Italy, India, Germany, and Serbia, are implementing or extending fuel tax cuts and discounts. These measures aim to mitigate the impact of rising fuel costs on consumers and industries.

Suspect in White House Correspondents' Dinner Shooting Targeted Officials
WorldAPReutersBBC+147bloombergNYTwsjFTle-mondewapoThe GuardianNPR+139 more3mo ago150 sources

Suspect in White House Correspondents' Dinner Shooting Targeted Officials

A shooting occurred at the White House Correspondents' Dinner, with authorities stating the suspect likely targeted Trump administration officials. The incident raised concerns about security and prompted reactions from attendees and officials.

EDB tightens rules for used vehicle imports
Businessexpress-tribune4mo ago

EDB tightens rules for used vehicle imports

The Engineering Development Board (EDB) has tightened regulations for importing used vehicles, making compliance with tax regulations, including a valid NTN and active filer status with the FBR, mandatory.

FBR forms committee to address taxpayers’ concerns
PoliticsDawn5mo ago

FBR forms committee to address taxpayers’ concerns

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mah­mood Langrial has constituted a committee to add­ress taxpayers’ issues following a meeting at the FBR Headquarters with representatives of the Pakis­tan, Lahore, Karachi, and Rawalpindi-Islam­abad tax bar associations. An official statement said members of the Tax Bar Associations apprised the chairman of the challenges being faced by taxpayers, particularly in relation to the super tax and SRO 350(I)/2024. Mr Langrial assured par...

FBR Chief Summoned Over Cigarette Theft Case
PoliticsDawn5mo ago

FBR Chief Summoned Over Cigarette Theft Case

A parliamentary committee has demanded accountability for the theft of 2,828 cartons of confiscated cigarettes from Federal Board of Revenue godowns in Swabi and Mardan, summoning the FBR chairman for an explanation.