The benchmark 10-year U.S. Treasury yield could rise to 6% for the first time since 2000, according to Dan Ivascyn, chief investment officer at bond manager Pimco, as high oil prices, persistent inflation concerns and worries over U.S. public debt continue to pressure global bond markets. Reuters reported that the 10-year yield was trading around…
The global economy is expected to expand by only 2.6% in 2026, slowing from 2.9% in 2025 as higher energy costs, geopolitical tensions and uneven development weigh on growth, according to the United Nations Conference on Trade and Development. UNCTAD’s Trade and Development Report 2026, released on October 9, says the global economy remains resilient…
Mercedes-Benz reported a mixed third quarter in 2026, with deliveries in its core passenger-car business falling 8% year on year while battery-electric vehicle sales across cars and vans climbed 52%. The results show how the German luxury carmaker is gaining momentum in electric vehicles even as weak demand in China continues to weigh on its…
Pakistan has called for strengthening the role of the United Nations General Assembly in international peace and security, particularly when the Security Council is unable to act because of divisions or the use of veto powers. The proposal was presented during a General Assembly plenary discussion on the implementation of UN resolutions and the revitalisation…
NASA is testing a new generation of heat-shield materials and reentry designs that could help future spacecraft return safely from missions to the Moon, Mars and other destinations. The agency is using an unusually practical test platform: the final descent of a cargo spacecraft that has already completed its mission at the International Space Station….
Apple has reportedly asked suppliers to reduce component orders for the iPhone 18 Pro and iPhone 18 Pro Max by at least 15% from earlier projections as demand for the newly launched premium models comes in softer than expected. Reuters, citing Nikkei Asia, reported on October 9 that Apple has taken a more cautious approach…
Pakistan is building one of the region’s largest pools of digital talent, but weak mobile broadband penetration, incomplete electricity access and limited local-language data could slow wider adoption of artificial intelligence, according to the World Bank’s October 2026 regional economic update. The report places Pakistan among the Middle East, North Africa, Afghanistan and Pakistan region’s…
Blue Origin has raised $10 billion from outside investors for the first time, marking a major shift in how Jeff Bezos’ space company is financed and potentially setting the stage for a future initial public offering. Bezos said the company is likely to pursue an IPO in the coming years, describing a public listing as…
The Pakistan Cricket Board has confirmed that HBL Pakistan Super League 12 will be played from March 18 to May 2, 2027, giving fans, franchises and commercial partners a clear window for the next edition of Pakistan’s flagship T20 competition. According to the PCB’s official announcement on October 8, all eight franchises will return for…
Global oil prices rose sharply on October 8 as investors reacted to a combination of Middle East shipping risks, production shutdowns in the U.S. Gulf of Mexico and tighter crude inventories. Brent crude climbed to about $102.28 a barrel, while U.S. West Texas Intermediate rose to roughly $89.94, according to Reuters. The latest move extends…
