FedEx questioned for hiring hundreds of H-1B workers while firing US staff after $2.24 billion federal contract: ‘Our strategy is…’

American company FedEx has come under fire after a multibillion-dollar federal delivery contract coincided with a sharp increase in the company’s hiring of foreign workers, even as it cut hundreds of US jobs across multiple states.In December 2022, the US Transportation Command awarded FedEx a contract worth $2.24 billion for the Next Generation Delivery Service-2 […]

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Elon Musk’s net worth: The world’s richest man becomes the first ever with $600 billion worth amid SpaceX’s valuation surge | World News

Elon Musk has reached a historical financial milestone, as he has become the first-ever person to ever achieve a net worth that surpasses the whopping figure of $600 billion, as reported in Forbes magazine. This milestone has been achieved during a time when there is newfound interest in his privately owned rocket company, SpaceX, which […]

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IMF slaps Pakistan with 11 more conditions! $7 billion bailout on line; total regulations stand at 64

The International Monetary Fund hit Pakistan with 11 fresh conditions, linked to its $7-billion bailout programme. The latest directives, revealed in the Fund’s staff-level report for the second review released on Thursday, push the total number of conditions to 64 across the span of 18 months, according to the Express Tribune.The new measures target long-standing […]

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Peak philanthropy: Jeff Bezos’ ex-wife MacKenzie Scott donates $7 billion in a single year | World News

MacKenzie Scott has revealed that she donated nearly $7.2 billion in 2025, according to an updated post on her Yield Giving platform. The disclosure brings her total lifetime contributions to more than $26 billion. Her latest update includes 225 new grants across education, climate work and community support, continuing her pattern of providing large, unrestricted […]

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Saudi Arabia approves $350 billion budget for 2026, focused on vision 2030 goals | World News

Saudi Arabia’s 2026 $350 billion budget emphasizes Vision 2030, giga projects, social programs, and economic growth/Image: SPA Saudi Arabia has approved its 2026 state budget, outlining ambitious spending plans aimed at sustaining economic growth, supporting citizens, and advancing the Kingdom’s Vision 2030 initiatives. The total budget for the coming fiscal year amounts to 1.313 trillion […]

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US approves $1.4 Billion in military sales to Saudi Arabia and Bahrain, strengthening Gulf defence ties | World News

The US approved $1.4 billion in sales supporting Saudi helicopters and Bahrain’s ageing F-16 fleet/Representative Image For decades, the United States has played a central role in strengthening the military capabilities of its Gulf allies, from supplying advanced fighter jets to training local forces. These partnerships are more than a matter of defence, they are […]

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UAE launches $1 billion ‘AI for Development’ initiative to growth in African countries | World News

The UAE launched a $1 billion AI for Development initiative, integrating AI into Africa’s education, agriculture, and infrastructure/Image: X The United Arab Emirates has unveiled a groundbreaking $1 billion initiative, ‘AI for Development,’ aimed at harnessing artificial intelligence to drive economic, social, and infrastructural growth in African nations. The program underscores the UAE’s commitment to […]

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‘Heavy debt, rising costs’: UK’s largest pub group to sell around thousand sites; eyes deal worth 1 billion pounds | World News

Stonegate Group, the UK’s largest pub operator, is reportedly considering selling approximately 1,000 of its most profitable “platinum” pubs for an estimated £1 billion. This move aims to address the company’s substantial £3 billion debt burden. The sale of these separately structured sites would not impact the rest of Stonegate’s extensive estate. Stonegate Group, the […]

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Saudi Arabia’s AMAALA Triple Bay set to create 50,000 jobs, contribute $3 billion to GDP | World News

AMAALA Triple Bay opens with six resorts, yacht club, Wellness Route/Image: Red Sea Global (RSG) Saudi Arabia is set to redefine luxury, wellness, and economic impact with the opening of AMAALA Triple Bay. Developed by Red Sea Global, the ultra-luxury coastal destination on the Red Sea is projected to create 50,000 jobs and inject USD […]

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Donald Trump to sue BBC for $1 billion: What he actually said vs what the BBC Panorama documentary claimed he said

A major row broke out after US President Donald Trump threatened to sue the BBC for at least one billion dollars over what he says is a misleading edit of his January 6 speech. The clash has triggered resignations at the top of the broadcaster, What the BBC documentary claimed The Panorama episode at the […]

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