multibilliondollar – SindhTribune.com

Pakistan’s Punjab eyes multibillion-dollar high-speed rail project

May 13, 2025

Mitsubishi Estate buys UK’s Patron Capital in diversification drive
TOKYO — Japanese property group Mitsubishi Estate is acquiring a majority stake in Patron Capital Partners, a U.K. fund manager with assets under management of about 4.6 billion euros ($5.2 billion). The deal, which will bring Mitsubishi Estate’s assets under management to around $48 billion, is aimed at diversifying the Japanese company’s investments. It will…
Consumers face growing risks as CFPB financial safeguards crumble
Rob Haskell was hoping a new rule would shield his credit report from thousands of dollars in bills for recent heart procedures. Instead, he’s bracing for impact from President Donald Trump’s push to slash financial regulations. “I’ve always had medical debt hanging over me but, you know, it’s just completely unmanageable,” Haskell said in late…
Nintendo Switch 2 sells at record pace as 3.5m units go in 4 days
TOKYO — The Nintendo Switch 2 gaming console sold over 3.5 million units worldwide in the first four days of its release, the company said on Wednesday. “This is the highest global sales level for any Nintendo hardware within the first four days,” according to a news release. The company said in May that it…
The U.S. men’s national team has a major opportunity hosting the next World Cup. Is it ready?
Tony Meola knows the pressure of competing in front of his home fans. Back in 1994, when the United States hosted the FIFA World Cup, Meola, the national team’s starting goalkeeper, and his teammates had not one but two jobs: beat the competition and help grow the game. “It was relentless,” he told NBC News.…
South Korea hints at thaw in North Korea ties with loudspeaker halt
SEOUL — South Korea’s new president, Lee Jae-myung, on Wednesday ordered the milit to cease loudspeaker broadcasts of music and propaganda messages into North Korea in a possible indication of cooling cross-border tensions under Seoul’s new administration. Lee’s spokesperson, Kang Yu-jung, said in a televised briefing that the move was made to “restore inter-Korean trust and for…
How CDC cuts affect women with chronic diseases like sickle cell
WESTLAND, Mich. — For D’Asia Jackson, every day is a guessing game over whether excruciating pain will upend her life. The 28-year-old medical assistant was born with sickle cell disease, an inherited condition that causes red blood cells to be shaped like a crescent moon. The anomaly can cause blood clots, organ damage and excruciating…
Argentina’s top court upholds 6-year prison sentence for ex-President Fernández over corruption
BUENOS AIRES, Argentina — Argentina’s highest court upheld a six-year prison sentence for former President Cristina Fernández de Kirchner in a ruling Tuesday that permanently banned her from public office over the corruption conviction that found she had directed state contracts to a friend while she was the first lady and president. The explosive Supreme…
World’s biggest sand battery to heat Finnish town without fossil fuels
A small town in Finland is about to ditch fossil fuels in its heating network thanks to a sand-filled energy storage tank the size of a house. Finnish startup Polar Night Energy recently turned on the so-called sand battery in the municipality of Pornainen, an hour north of Helsinki. The machine, which uses dirt to…
Hong Kong police accuse a mobile game app of promoting armed revolution
HONG KONG — Hong Kong police on Tuesday accused a mobile game application of advocating armed revolution and promoting secessionist agendas, saying that those who publish it or share it with others online may risk violating national security laws. The announcement — the first to publicly denounce a gaming app — indicates that authorities are…