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Nippon Steel’s $14.9bn acquisition of US Steel has conferred an unusual degree of power for United States President Donald Trump after the Japanese company’s 18-month struggle to close the purchase. The deal closed on Wednesday, the companies said. Under the deal terms, Nippon bought 100 percent of US Steel shares at $55 per share which was first used in December 2023. A news release on the filing also discloses details of a national security agreement inked with the Trump administration, which gives Trump the authority to name a board member, as well as a non-economic golden share. Eiji Hashimoto, Nippon…

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View of partial traffic with the Karachi Port Trust building, in the background, during a shutter down and wheel-jam strike called by the traders on September 2, 2023. — ReutersKarachi has once again ranked among the world’s least liveable cities, according to the latest global liveability index published by the Economist Intelligence Unit (EIU).In the 2025 edition of the annual survey, Pakistan’s financial hub was ranked 170 out of 173 cities evaluated. Karachi received an overall score of 42.7 out of 100, placing it just above Dhaka (Bangladesh), Tripoli (Libya), and Damascus (Syria). Karachi was the only Pakistani city to…

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Flags and signs are seen as demonstrators protest outside India’s consulate, a week after Canada’s Prime Minister Justin Trudeau raised the prospect of New Delhi’s involvement in the murder of Sikh separatist leader Hardeep Singh Nijjar, in Vancouver, British Columbia, Canada September 25, 2023. — ReutersIndia is a perpetrator of foreign interference, Canada’s intelligence agency said in a report published on Wednesday, just after India’s and Canada’s prime ministers vowed to strengthen ties at a global summit hosted by Canada.Canadian Prime Minister Mark Carney and Indian Prime Minister Narendra Modi held what both sides called productive talks on Tuesday at…

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Pakistan hockey players celebrate after defeating Japan in the FIH Nations Cup in Kuala Lumpur on June 16, 2025. — X/@HokitaMYKuala Lumpur: Pakistan reached the semi-finals of the FIH Nations Cup on Wednesday, following Malaysia’s victory over Japan in their fixture.Pakistan’s place in the semis depended on Malaysia’s defeat; yet, Pakistan secured a spot. Pakistan secured second position in pool B. Both Pakistan and Malaysia had 4 points, and both had an equal number of wins in the cup. Similarly, both had the same goal difference across their three matches. The turning point for Pakistan was a greater number of…

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‘Cobra Kai’ creators reveal why Hilary Swank didn’t reprise ‘Next Karate Kid’ roleCobra Kai creators did their best to bring back Hilary Swank in the final season of the show.Swank played Julie Pierce, who becomes Mr. Miyagi’s student in the 1994 film The Next Karate Kid. Creators Josh Heald, Jon Huwitz, and Hayden Schlossberg, reached out to the actress’ representatives and asked for a meeting.”We did reach out in the very early days before the season to see if there was a path [for her to appear],” Heald told Entertainment Weekly. He continued, “We had an inkling of an idea…

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PARIS — At the 55th Paris Air Show 2025, China has introduced a groundbreaking unmanned air taxi, marking a significant milestone in urban air mobility (UAM). The innovative eVTOL (electric vertical takeoff and landing) vehicle, designed to carry two passengers for up to three hours, has captured the attention of aviation experts and investors worldwide. This autonomous flying taxi features VTOL technology, allowing vertical takeoff and landing without the need for a runway. Its electric propulsion makes it eco-friendly and suitable for urban environments, helping to reduce traffic congestion and carbon emissions. With a payload capacity of up to 600…

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The Pakistan-Iran border in Taftan on February 25, 2020. — AFPFamilies being moved out as “precautionary measure”.Non-essential diplomatic personnel also being recalled. Diplomatic missions in Iran remain fully functional: official. ISLAMABAD: Amid heightened regional tensions following the Iran-Israel war, Pakistan has decided to evacuate the families of its diplomats and other non-essential staff stationed in Iran, a senior official at the Foreign Office confirmed on Tuesday.In a statement, the FO official said that the families are being relocated as a precautionary measure, while certain members of non-essential diplomatic personnel are also being recalled.However, the Pakistani Embassy in Tehran and its consulates…

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