24/7 News – What is Happening Around US

American military pilots and satellites have recorded many recent sightings of Unidentified Flying Objects (UFOs), and after years of communal disbelief and debate, the American government has resentfully acknowledged their existence. Hence, an intelligence committee backed by the US Senate and the Secretary of Defense is in the process of producing a detailed report on the matter, which is expected to be presented next month. ALSO READ Pentagon Confirms UFO Sightings By US Navy [Video] Many unusual details of the recent UFO sightings indicate how unprepared the world is for them. In this regard, a CBS news event round-up of…

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According to reports, Pakistan Cricket Board (PCB) has received the go-ahead from the authorities to hold the remainder of the sixth edition of the Pakistan Super League (PSL) in the United Arab Emirates (UAE). ALSO READ Here’s the Complete Schedule for Pakistan’s Tour to the West Indies The final decision has not been made with Abu Dhabi or Dubai being touted as the likely venues. PCB is likely to officially announce the itinerary for the tournament in the next few days. According to sources, the players and staff of all the six franchises of PSL will be required to undergo…

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Samsung is collaborating with the South Korean government and other agencies to address the global chip supply shortage. The tech giant has partnered up with popular automaker Hyundai Motor Co to produce semiconductors for cars. ALSO READ Samsung Galaxy F52 5G is Coming Soon, Price and Images Leaked The agreement was signed by both companies and the Korean Electronics Technology Institute, the Korea Automotive Technology Institute, and the Ministry of Trade, Industry, and Energy. This will allow the companies to recover the semiconductor supply chain that is vital for several production processes within the country. Samsung and Hyundai aim to…

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The federal government is considering providing an interim relief in the salaries of government employees by 15 to 20 percent and the freezing of the basic salary for pensions for a period of 25 years among other proposals. According to reports, the services of an internationally reputed private company have been hired to bridge the wide pay gap between the employees of various ministries, divisions, and departments and to rationalize pay and pension reforms. It will begin working from Monday under the supervision of the Pay and Pension Commission. ALSO READ Pakistani Grade 21 Officers are Earning More than UN’s…

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Bank Al Habib Limited (BAHL) has purchased the high-rise building of Karachi Centrepoint from its owner TPL Properties Limited. According to stock filing, the bank has completed the sale and purchase transaction from TPL Properties and is likely to shift its head office in this building located in the prominent commercial place, Shaheed-e-Millat Expressway, near KPT Interchange, Karachi. The transaction was approved duly by the concerned regulatory authorities. However, the parties did not disclose the amount to the shareholders at this point. Centrepoint is designed by the region’s leading team of professionals as a 385 ft. high landmark. The 28-story…

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Although there has been a noticeable decline in the coronavirus positivity ratio across Pakistan recently, the government is still working on curbing the spread of the deadly virus, for which the National Command and Operation Center (NCOC) has announced an indefinite ban on tourism across the country. Ban on Tourism will continue till further notice. NCOC will issue necessary instructions accordingly.#StayHomeStaySafe — NCOC (@OfficialNcoc) May 16, 2021 ALSO READ Will Cyclone Tauktae Hit Karachi? The government has ordered all the markets to close by 8 PM and has allowed the resumption of office work in regular working hours and at…

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The National Resources Private Limited (NRL) – a local joint venture company – has proposed to the government that it may be allowed to develop the Tanjeel reserves first and then the vast Reko Diq copper-cum-gold reserves, Dawn News reported. The JV company has submitted all necessary documents and feasibility studies to the Balochistan Mineral Exploration Company (BMEC) on an unsolicited basis to be given the task of developing the said reserves. BMEC is itself a joint venture of the Balochistan government (90 percent stake), the Federal Government (10 percent stake), and the concession holder of EL199 (consisting of Reko…

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The Oil and Gas Development Company Limited (OGDCL) has discovered gas in its exploratory well ‘Jandran X-04’ in Barkhan District, Balochistan, according to a notification submitted to the Pakistan Stock Exchange (PSX) on Monday, 17 May 2021. ALSO READ Govt Finally Allows Sale of KE to Chinese Company OGDCL stated that the structure of the site had been delineated, drilled, and tested using the company’s in-house expertise. The well had been drilled to the depth of 1200m into Parh limestone. Based on wireline logs data, successfully DST was carried out in Mughal Kot Formation wherein the well tested 7.08 million…

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American chipmaker Qualcomm recently released a lite version of the Snapdragon 888 SoC called the Snapdragon 780G. This chipset can be seen on recent upper mid-range smartphones and it is about to get a slightly downgraded version soon dubbed the Snapdragon 775G. ALSO READ Honor 50 Pro+ to Feature Snapdragon 888, 120Hz AMOLED Display, 50MP Camera, and More According to a Chinese tipster, the Snapdragon 775G (SM7325) will arrive first on the Honor 50, which is expected to release sometime next month. The report comes from none other than the renowned tipster, Digital Chat Station.  Honor 50 is going to…

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