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Business

Qatari LNG cargo reaches Pakistan

Al Marrouna, a tanker carrying liquefied natural gas (LNG) from Qatar, has arrived at Pakistan’s Port Qasim on Thursday. The LNG carrier Al Marrouna, carrying 142,217.21 cubic metres of LNG, successfully berthed at Engro Elengy Terminal (EETL) at around 11:38am on Thursday, officials at Port Qasim Authority told Business Recorder.

World

What the record-high cost of diesel means for you

Most Americans don't buy diesel, but the soaring costs of trucking and shipping goods have cost the average household $350.

  • Diesel prices hit record high of $5.94 per gallon, up $2.27 from late February
  • California sees diesel at $7.87 per gallon, highest in U.S.
  • War in Strait of Hormuz causes 10% seaborne diesel supply shortage

Tech

iPhone fever: Dubai’s biggest sale-day rushes over the years

Dubai: Apple unveiled its biggest product lineup of the year at its September 9 “Surprise and Shine” event, led by the iPhone Duo, its first foldable iPhone. The device opens into a 7.6-inch display and starts at Dh8,499 in the UAE. Pre-orders begin at 4pm on October 16, with the phone available in the UAE from October 23.

Tech

Bank of Korea flags chipmaker-linked derivatives

The Bank of Korea (BOK) has called for closer scrutiny of overseas derivatives linked to South Korean semiconductor stocks, warning that the rapid expansion of leveraged products could intensify…

  • Bank of Korea warns of market volatility from overseas derivatives linked to semiconductor stocks.
  • Situational Awareness hedge fund used up to four times leverage in Korean chipmaker positions.
  • BlackRock's Korea ETF saw $2.8bn inflow in July, highlighting surge in investor interest.

Tech

Yossi Sagol enters nuclear energy: Invests in ARCVIA

The company develops small modular nuclear power plants (SMRs) in the US. The investment comes amid a surge in demand for continuous electricity for data centers.

  • Yossi Sagol invests in ARCVIA, a small modular nuclear power company
  • ARCVIA founded in 2025 by former executives Itamar Serussi and Yonatan Raskin
  • Investment aligns with US nuclear energy resurgence driven by tech demand

Science

Japan wants to plant no-pollen trees to solve its hay fever crisis

Two species of trees helped Japan build millions of homes after World War II. However, pollen from those same trees has also fueled a nationwide hay fever allergy. More than 40% of Japan’s population now suffers from hay fever, locally called kafunsho. That’s nearly double the rate in the U.S., reports contributor Jonathan Vit for […]

Health & Medicine

Very hot drinks may damage the food pipe and increase cancer risk

Regularly drinking beverages like tea and coffee at very hot temperatures increases the risk of cancer of the food pipe or gullet, known as oesophageal cancer, UK research suggests. Researchers say the findings, from a study of nearly a million people, make this the largest to date to establish the link.

  • Drinking very hot beverages raises oesophageal cancer risk by three times.
  • Very hot defined as 65°C or higher for drinks.
  • Waiting for drinks to cool reduces cancer risk.
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