Pakistan’s proposed electric-vehicle tax incentives have come under fresh scrutiny after reports said the International Monetary Fund has objected to a concessional sales-tax rate for EVs in the country’s draft Auto and Auto Parts Manufacturing Policy 2026–31. PakWheels reported on October 6 that the lender has sought withdrawal of the proposed concession, a move that…
NASA and SpaceX are preparing the four-member Crew-12 team to depart the International Space Station on October 7, ending a long-duration mission that has kept the crew in orbit for 237 days. NASA is targeting an 8:05 a.m. EDT undocking, with splashdown off the coast of California expected at approximately 11:34 a.m. EDT on October…
Two of South Korea’s best-known megachurches are investigating suspected cyberattacks that may have exposed the personal information of hundreds of thousands of congregants. Reuters reported on October 7 that the incidents involve Seoul’s Yoido Full Gospel Church and Sarang Church, while cybersecurity company Oasis Security said evidence found on an overseas server suggests artificial intelligence…
BT Group has acquired TalkTalk Telecommunications and PlatformX Communications out of administration in a rescue transaction designed to keep broadband and telecom services running for about 2.5 million customers across the United Kingdom. BT estimates the total cash impact in its 2027 financial year at around £400 million, including consideration and other related cash costs….
Chinese artificial intelligence startup Moonshot AI has reportedly completed its latest private fundraising at a valuation of about $50 billion and is preparing for a possible initial public offering in Hong Kong in the first quarter of 2027, according to people familiar with the matter cited by Bloomberg. The Beijing-based company is considering raising up…
France produced a dramatic late comeback to beat Belgium 4-1 at the Stade de France on October 5, 2026, scoring four goals in the final 13 minutes to stay top of UEFA Nations League Group A1 and give Zinedine Zidane his first home victory as national-team coach. Belgium had led from the 35th minute through…
Asian equity markets moved higher on October 6, 2026, following a technology-led rally on Wall Street that pushed the Nasdaq Composite to a record close, even as U.S. Treasury yields remained near their highest levels in roughly 24 years. Reuters reported that MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.2%, while Japan’s Nikkei…
Spain will hold a snap general election on November 29, 2026, after Prime Minister Pedro Sánchez called an early vote amid mounting political pressure over the country’s housing crisis and a parliamentary defeat for his government’s latest housing measures. The election comes eight months ahead of schedule and follows large protests in Madrid and other…
Pakistan, Turkiye and Saudi Arabia have moved to implement the collective-defence provisions of the Makkah Joint Defence Agreement, approving measures for the rapid deployment of agreed military forces and capabilities to Saudi Arabia after escalating attacks linked to Yemen’s Houthi movement. The decision was announced after an emergency meeting of the Makkah Alliance’s Strategic-Political and…
KKR has agreed to acquire Gen II Fund Services, one of the largest private-capital fund administrators, in a transaction valued at $5.1 billion including debt, expanding the investment firm’s exposure to the operational infrastructure behind private markets. The deal, announced on October 6, 2026, will see KKR buy Gen II from Hg, General Atlantic and…
