Pacific Life

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South Korean President Faces Impeachment Crisis

South Korean lawmakers call for President Yoon's impeachment after a brief martial law declaration.
Chaotic scenes ensue as troops clash with parliament, but lawmakers quickly overturn martial law.
Financial markets react, with the...

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Bharti Airtel is also in FMCG

TIL Bharti (owner of airtel) is also in FMCG.

Del Monte Foods Private Limited is a 50:50 joint venture between Bharti Enterprises and Del Monte Pacific Limited

2010 - Bharti unveils FieldFresh in joint venture with Del Monte

2021 - F...

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Pacific Fusion Secures $900M+ Series A for Innovative Nuclear Fusion Approach

General Catalyst leads a $900M+ Series A for Pacific Fusion, aiming to advance nuclear fusion through a pulsed magnetic approach.
The investment is part of General Catalyst's long-term commitment to identifying clean, secure, and af...

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Global Powers Unite Against North Korea's Crypto Cyber Attacks

WazirX, India's largest crypto exchange, lost $235 million in a July 2024 security breach attributed to North Korea's Lazarus Group.
A joint statement by the US, Japan, and South Korea blames DPRK for multiple cyber thefts, includin...

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Pakistan’s Banks Reap Profits Amid Government Debt Surge

Pakistan's banks have seen significant profits due to high interest rates and government debt, with seven of the top 15 banks in Asia-Pacific by returns being Pakistani.
The banking sector's after-tax profit nearly doubled to Rs642.2...

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Border Tensions Flare: 58 Soldiers Killed in Clashes

Overnight clashes between Afghan and Pakistani forces have resulted in significant casualties and the closure of border crossings.
Afghan troops retaliated against Pakistani airstrikes, claiming 58 Pakistani soldiers were killed.
P...

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Australia Joins India's Largest Air Exercise

Australia sends 3 EA-18G Growler aircraft and 120 personnel to India for Exercise Tarang Shakti.
The exercise, held in Jodhpur, includes participants from Greece, Singapore, US, and UAE.
**Air Marsha...

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Australia Proposes Under-16 Social Media Ban

Australia introduces bill to ban social media for under 16s, with fines up to $32m for breaches.
The proposed law includes stringent age-verification and no exemptions for parental consent.
The move is part of a wider effort to p...

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On This Day: 18th October

On October 18, 1867, the United States officially took possession of Alaska from Russia, following a purchase that would later be known as "Seward's Folly."

Key points: