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IMF Approves $1 Billion Deal for Pakistan

The IMF and Pakistani authorities have reached a staff-level agreement for a $1 billion extended fund facility.
Pakistan has made significant progress in restoring macroeconomic stability over the past 18 months.
The new 28-month d...

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𝟏. 𝐖𝐚𝐥𝐦𝐚𝐫𝐭 𝐄𝐱𝐞𝐜 𝐒𝐚𝐲𝐬 𝐈𝐏𝐎𝐬 𝐅𝐨𝐫 𝐅𝐥𝐢𝐩𝐤𝐚𝐫𝐭 𝐀𝐧𝐝 𝐏𝐡𝐨𝐧𝐞𝐏𝐞 𝐂𝐨𝐮𝐥𝐝 𝐓𝐚𝐤𝐞 𝐂𝐨𝐮𝐩𝐥𝐞 𝐎𝐟 𝐘𝐞𝐚𝐫𝐬

Walmart is planning IPOs for Flipkart and PhonePe within the next 2 years; Walmart may priori...

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Soulja Boy, known for his hit 'Crank That (Soulja Boy)', has been ordered to pay $4 million in a sexual assault and abuse lawsuit.
The lawsuit was filed by Jane Doe, who accused the rapper of sexual assault, emotional abuse, and hara...

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Leaked audio of PTI leader Ali Muhammad Khan exposes internal conflicts over protest locations.
Imran Khan's orders for a sit-in in Sangjani were allegedly ignored, leading to confusion and criticism.
Questions arise about the role...

I feel they would be raising for 4-5 months of runway at a time this way. Anybody knows?

The fundraise is an extension of its convertible debt round in which it has already raised $49 mi...

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Tencent sold 2.1% stake in PB Fintech for $200 million, reducing holdings to 2.1%
PB Fintech shares rallied 4x since June 2023, hitting $10 billion market cap
Tencent's exit follows Tiger Global and SoftBank's full exits from the I...

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Xiaohongshu, China's Instagram-like app, reported $1bn in Q1 2024 sales, a significant increase from $600mn in the same period last year.
The platform, popular among Gen Z women, also generated a net profit of $200mn in Q1, up from $...

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A devastating bus accident near Bola Khan police station in Jamshoro, Sindh, has resulted in at least 16 fatalities, with several others injured.
The bus was transporting workers from the Bheel community returning from wheat harvest ...