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Govt reduces petrol price by Rs4, diesel by Rs2
The government on Friday reduced the price of petrol by Rs4 per litre and diesel by Rs2 per litre with immediate effect. Following the decrease, the price of petrol stands at Rs373.78 per litre and HSD’s at Rs378.78. The Petroleum Division’s press release notifying the decrease said the new prices would be effective from June 13 (Saturday). More to follow
Bernie Sanders Blasts Musk Becoming World’s First Trillionaire After SpaceX IPO
BreakingBusinessBernie Sanders Blasts Musk Becoming World’s First Trillionaire After SpaceX IPOByAntonio Pequeño IV,Forbes Staff. Pequeño is a breaking news reporter who covers tech and more.Follow AuthorJun 12, 2026, 02:02pm EDTToplineElon Musk became the world’s first trillionaire Friday following SpaceX’s initial public offering, drawing criticism from progressive lawmakers, some of whom renewed calls for taxes on the wealthy and changes to Social Security.Sanders said Musk becoming a trillio...
PTI rejects federal budget for FY2026-27, terms it an 'exercise in elite self-preservation'
ISLAMABAD: PTI, the main opposition party in the National Assembly, on Friday rejected the federal budget for FY2026-27, terming it a “refined exercise in elite self-preservation”. In an NA session earlier today, the federal government unveiled a Rs18.8 trillion budget for the upcoming fiscal year. In a statement, PTI Secretary Information Sheikh Waqas Akram said that even the Pakistan Economic Survey released on Thursday showed that the country had been facing a continued decline across sectors...
SpaceX’s IPO is a display of Musk’s autocratic power
His unrivalled grip on the public imagination has transmuted into Wall Street gold
American Airlines Reboots Hub In Philly, Origin For U.S. 250th Birthday
BusinessAerospace & DefenseAmerican Airlines Reboots Hub In Philly, Origin For U.S. 250th BirthdayByTed Reed,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Charlotte-based reporter Ted Reed covers airlines and airline labor.Follow AuthorJun 12, 2026, 01:20pm EDTAmerican Airlines unveiled its America 250th aircraft logo at DFW in April: CEO Robert Isom spoke.American AirlinesFor the American Airlines hub in Philadelphia, this is a busy and historic summer...
Sam Bankman-Fried loses appeal of fraud conviction in FTX case
The opinion came the same week Bankman-Fried submitted his application for a presidential pardon.
Costs rise as Man Utd agree new $550m funding deal
Costs rise as Man Utd agree new $550m funding dealImage source, Getty ImagesImage caption, Manchester United's Old Trafford stadiumBySimon StoneChief football news reporterPublished1 minute agoManchester United have had to agree a hefty interest rate rise after renegotiating part of their £1bn-plus debt.United owed $425m (£317m) of their overall debt in bonds that were due to mature on 25 June 2027.They have now agreed to borrow $550m (£410m) under new terms, which settles the $425m and gives th...
هل تريد أن تصبح مليارديرًا؟ إليك 5 عادات صباحية يشاركها جميعهم!
اكتشف كيف يقضي المليارديرين صباحاتهم، ولماذا تؤدي هذه العادات إلى نجاحهم المالي الهائل. ستفاجأ بما يفعله أغنى الرجال والنساء في العالم قبل شروق الشمس!
Unlocking Billionaire Success: The 5 Morning Habits Every Billionaire Swears By
Ever wondered what separates the ultra-wealthy from the rest of us? Discover the five morning habits that all billionaires share, and how emulating these routines could be your ticket to success!
Elon Musk Becomes World's 1st Trillionaire After SpaceX Shares Surge On Debut
Elon Musk Becomes World's 1st Trillionaire After SpaceX Shares Surge On Debut
Apollo selects Austin as site of second headquarters
Private capital giant chose Texas city over Miami and Palm Beach as private schools’ capacity fills up in Florida
US consumer sentiment improves in June due to easing gas prices
Consumer sentiment still remains at historically low levels amid Iran war and rising inflation, new survey showsEasing gas prices are making Americans feel better about their personal finances and the economy in June, but consumer sentiment remains at historically low levels amid ongoing conflict in the Middle East, according to new survey data from the University of Michigan.The latest numbers come as SpaceX marks its historic stock market debut, which will likely make Elon Musk the world’s fir...
SpaceX IPO Lines Up $230 Billion Windfall For Peter Thiel And Other Musk Backers
InnovationDaily CoverSpaceX IPO Lines Up $230 Billion Windfall For Peter Thiel And Other Musk BackersEva Marie Uzcategui/Bloomberg; John Lamparski/Getty Images; Guerin Blask for ForbesByIain Martin,Forbes Staff. I'm a senior editor at Forbes and cover tech and venture capital.Follow AuthorJun 12, 2026, 12:20pm EDTSpaceX’s investors have been waiting nearly 20 years for Elon Musk’s rocket and AI company to go public. Now, the big moment is here. #article-num-0 .color-accent{color: #333;} #ar...
Sam Bankman-Fried loses fraud conviction appeal
Three-judge panel upholds 25-year prison sentence for founder of collapsed crypto exchange FTX
SpaceX IPO debuts in US markets, Musk becomes world’s first trillionaire
The landmark listing cemented Musk's status as the first trillionaire and propelled SpaceX into ranks of most valuable.
An Oil Export Ban Would Reverse America’s Energy Dominance
BusinessEnergyAn Oil Export Ban Would Reverse America’s Energy DominanceByDan Eberhart,Contributor.Forbes contributors publish independent expert analyses and insights. Dan Eberhart is CEO of Canary, LLC.Follow AuthorJun 12, 2026, 11:44am EDTThe Clearocean Mesquite oil products tanker docked at the Port of Long Beach in April. Los Angeles Times via Getty ImagesEvery time gasoline prices rise, Washington rediscovers bad ideas. Few are as self-defeating as the proposal to ban U.S. crude oil export...
Budget FY26-27: What relief measures has the government announced for next year?
As part of its budget proposals for the next fiscal year (FY26-27), the government has announced a range of measures to provide some measure of relief to the public, ranging from an expanded income support programme for the most vulnerable segment of the population, to lower taxes for individuals earning more than Rs183,000 a month. As part of its relief, subsidy and social safety plans, the government has announced a seven per cent increase in salaries for serving federal employees, a 7pc incre...
How Pakistan stabilised its way into poverty in 21 graphs
The Pakistan Economic Survey arrives each June in two registers. The first is the press conference: growth is back, inflation has been beaten. The second is the statistical annex, which records, without adjectives, what actually happened—and this year it describes a stabilisation, real, hard-won, and worth defending. Except that it has so far fixed none of the things that made stabilisation necessary in the first place. We have been here before—in 2000, in 2016, in 2019; the difference this time...
Stay-at-home mums dwindle as proportion of economically 'inactive' falls to lowest on record - nearly halving since 1993
Stay-at-home mums dwindle as proportion of economically 'inactive' falls to lowest on record - nearly halving since 1993See more Daily Mail on Google - save us as a Preferred SourceBy JAMES TAPSFIELD, UK POLITICAL EDITOR Published: 16:08, 12 June 2026 | Updated: 16:08, 12 June 2026 e-mail View comments
Billionaire hedge fund tycoon buys one of the world's most expensive superyachts at $400m
Billionaire hedge fund tycoon buys one of the world's most expensive superyachts at $400mSee more Daily Mail on Google - save us as a Preferred SourceBy OLIVIA ALLHUSEN, FOREIGN NEWS REPORTER Published: 16:01, 12 June 2026 | Updated: 16:01, 12 June 2026 e-mail View comments