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12/08/2024

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FDA shifts COVID-19 vaccine strategy for 2024-25, recommending manufacturers target KP.2 variant instead of previously f...
21/06/2024

FDA shifts COVID-19 vaccine strategy for 2024-25, recommending manufacturers target KP.2 variant instead of previously favored JN.1 strain. Moderna and Novavax react as FDA opts for fresher mRNA updates over Novavax's protein-based shot, despite Novavax's ongoing JN.1 production. Global discussions ensue with Pfizer on vaccine formulation adjustments amidst variant dominance shifts.

Armenia announces recognition of the State of Palestine amidst ongoing Gaza conflict, citing opposition to civilian viol...
21/06/2024

Armenia announces recognition of the State of Palestine amidst ongoing Gaza conflict, citing opposition to civilian violence. Yerevan's move sparks criticism from Israeli officials while signaling support for international law and peaceful coexistence in the Middle East. The decision reflects Armenia's stance on humanitarian principles amid its own history of conflict, including recent tensions with Azerbaijan. Palestinian authorities welcome the recognition as a victory for justice and independence.

China is advocating for Visa and Mastercard to reduce transaction fees on foreign bank cards to enhance payment convenie...
21/06/2024

China is advocating for Visa and Mastercard to reduce transaction fees on foreign bank cards to enhance payment convenience for international visitors. The Payment & Clearing Association of China has proposed cutting fees from 2-3% to 1.5%, aiming to lower costs for merchants accepting global cards. Visa and Mastercard are reportedly in negotiations following the industry group's initiative, reflecting efforts to facilitate smoother financial transactions in China.

Electric carmaker Fisker has filed for bankruptcy, citing inflationary pressures and production challenges as the primar...
20/06/2024

Electric carmaker Fisker has filed for bankruptcy, citing inflationary pressures and production challenges as the primary reasons. The company is in advanced discussions with financial stakeholders regarding the sale of its assets. Fisker has faced significant financial difficulties for months, leading to the halt of its Ocean model production, launched in 2022. Valued at $2.9 billion when it went public in 2020, Fisker struggled with delays in parts, labor issues, and high inflation. Founder Henrik Fisker noted these challenges significantly impacted the company in 2023. This move comes as US carmakers face fierce competition from Chinese producers, with Tesla announcing substantial job cuts.

Israeli tanks, supported by warplanes and drones, advanced deeper into Rafah in the Gaza Strip, killing eight people and...
20/06/2024

Israeli tanks, supported by warplanes and drones, advanced deeper into Rafah in the Gaza Strip, killing eight people and striking displaced families' tents in Al-Mawasi. Residents reported intense shelling and gunfire. Despite international mediation efforts, the conflict shows no signs of abating. Twelve more Palestinians died in an Israeli strike on civilians and merchants waiting for aid near the Kerem Shalom crossing. Israeli forces have devastated much of Gaza, with over 37,400 fatalities reported by Palestinian health authorities. The offensive aims to dismantle Hamas and free Israeli hostages, leaving Gaza in ruins and its population in dire straits.

The 2024 Hajj pilgrimage saw nearly 2 million Muslims journey to the Kaaba at the Grand Mosque in Mecca, but extreme hea...
20/06/2024

The 2024 Hajj pilgrimage saw nearly 2 million Muslims journey to the Kaaba at the Grand Mosque in Mecca, but extreme heat proved fatal for hundreds. At least 562 pilgrims, including 307 Egyptians, have died due to soaring temperatures, sometimes exceeding 51°C (124°F). The harsh conditions have highlighted the growing impact of climate change on religious practices. Scientists warn that the situation will worsen, with future Hajj seasons potentially coinciding with Saudi Arabia's peak summer heat. Despite efforts to mitigate heat risks, the unprecedented temperatures have raised concerns about the safety of millions of pilgrims in the coming decades.

WhatsApp has unveiled exciting new features to enhance user experience. The latest update includes the ability to host 3...
15/06/2024

WhatsApp has unveiled exciting new features to enhance user experience. The latest update includes the ability to host 32-person video calls, complete with a new speaker spotlight feature that highlights the active speaker. Users can now also watch videos together during calls. Additionally, WhatsApp introduces the Meta Low Bitrate (MLow) codec, improving call reliability and audio quality. In another significant upgrade, users can transfer chat history between devices without using Google Drive backups, simplifying the process. These updates, alongside the new status update feature for Mac users, demonstrate WhatsApp's commitment to continual improvement and user satisfaction.


In a significant relief for consumers, the Pakistan government has announced a reduction in fuel prices for the next for...
15/06/2024

In a significant relief for consumers, the Pakistan government has announced a reduction in fuel prices for the next fortnight. Petrol prices have been slashed by Rs10.20 per litre, bringing the new price to Rs258.16 per litre, down from Rs268.36. High-speed diesel (HSD) prices have also been reduced by Rs2.33 per litre, now costing Rs267.89. This marks the second consecutive cut, following reductions of Rs4.74 and Rs3.86 per litre for petrol and HSD, respectively, a fortnight ago. The total relief provided to the public in petrol prices now amounts to Rs35 per litre, reflecting the decline in international oil price.

LinkedIn has introduced a suite of new AI-powered features designed to revolutionize the job search and professional dev...
15/06/2024

LinkedIn has introduced a suite of new AI-powered features designed to revolutionize the job search and professional development experience for its users. Premium members can now utilize a jobseeker coach to find the right job with simple text prompts, receive personalized feedback on resumes and applications, and get targeted advice for crafting cover letters. Additionally, LinkedIn offers enhanced support for professional growth with features like Personalized Coaching, which provides content summaries and real-time insights for courses. Initially available in English, these tools promise to expand and improve based on user feedback, aiming to streamline the job-hunting process and boost career development.

Ahead of Eidul Adha, the Punjab Home Department has enforced Section 144, restricting the sale of sacrificial animals ou...
13/06/2024

Ahead of Eidul Adha, the Punjab Home Department has enforced Section 144, restricting the sale of sacrificial animals outside designated cattle markets and banning the burning of trotters in public. This measure also prohibits bathing and boating in rivers, canals, and dams, as well as the disposal of animal waste in manholes, drains, or canals. The enforcement aims to maintain law and order, protect the environment, and safeguard public health across the province until June 23. Eidul Adha, a major Islamic festival commemorating Prophet Ibrahim's sacrifice, will be observed on June 17, as announced by the Ruet-i-Hilal Committee.

In the 2024-25 federal budget, Finance Minister Muhammad Aurangzeb announced significant tax reforms, exempting individu...
13/06/2024

In the 2024-25 federal budget, Finance Minister Muhammad Aurangzeb announced significant tax reforms, exempting individuals earning up to Rs600,000 annually from income tax. The new tax target is set at Rs 12.97 trillion, reflecting a 38% year-on-year increase. Proposed changes include maintaining the exemption on incomes up to Rs600,000, introducing new tax slabs, and a fixed tax on higher incomes. Additionally, the budget outlines a 20-25% ad-hoc salary increase for federal employees and a 15% pension hike. Minimum wages will rise from Rs 32,000 to Rs 37,000 per month, aiming to boost purchasing power despite financial constraints.

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