The total amount of money invested in bitcoin surpassed $1 trillion on Wednesday for the first time since November 2021 as inflows to U.S. spot bitcoin exchange traded funds continued to support prices. Bitcoin’s price reached $51,606 on Wednesday, its latest 25-month high and a rise of 4.1% on the day, taking the token’s market cap to $1.005 trillion according …

President Vladimir Putin said on Wednesday that Russian scientists were close to creating vaccines for cancer that could soon be available to patients. Putin said in televised comments that “we have come very close to the creation of so-called cancer vaccines and immunomodulatory drugs of a new generation”. “I hope that soon they will be effectively used as methods of …

A small but rapidly growing number of U.S. adolescents began treatment with Novo Nordisk’s weight-loss drug Wegovy last year, a powerful new tool to address record rates of pediatric obesity, according to data shared exclusively with Reuters. In the first 10 months of 2023, 1,268 children ages 12 to 17 with an obesity diagnosis started taking Wegovy, according to U.S. …

SEOUL: A Korea Football Associ­ation (KFA) advisory committee recommended sacking head coach Juergen Klinsmann on Thursday after their semi-final exit at the Asian Cup and amid criticism of his leadership, KFA Technical Director Hwangbo Kwan said. The National Team Committee does not make administrative decisions, leaving it up to the KFA’s Executive Board whether to act on its recommendation to …

MADRID: Rafael Nadal on Wednesday was forced to shelve his plans to return to action at next week’s Qatar Open, admitting he is “not ready to compete”. The 37-year-old missed most of last year with a hip injury sustained at the Australian Open before making his comeback at last month’s Brisbane International. However, a small muscle tear then forced the 37-year-old to …

The Pakistan Cricket Board’s (PCB) termination of Haris Rauf’s central contract over his refusal to attend the Australia tour sparked a wave of reactions from cricket enthusiasts from across the globe. The move comes after Rauf allegedly declined to join Pakistan’s Test squad for the tour, citing a preference for limited-overs cricket to manage his workload. Public opinion on the …

RAJKOT: Captain Rohit Sharma and middle-order batter Ravindra Jadeja smashed defiant hundreds to drag India out of the doldrums and into a comfortable 326-5 on the opening day of the third Test against England on Thursday. India were reeling at 33-3 inside the opening hour after Mark Wood pro­ved the value of extra pace on a docile track at the …

KARACHI: The latest proposal of the International Monetary Fund (IMF) to further liberalise imports could destabilise rupee-dollar parity, said market sources. “The IMF wants to see up to 45 per cent increase in the imports in the second half of the current fiscal year which would surely put pressure on the exchange rate,” a well-informed senior banker told Dawn on Thursday. He …

ISLAMABAD: The federal cabinet on Thursday approved a 67 per cent increase in the natural gas tariff with effect from Feb 1, apparently to meet the revenue requirement of the gas utilities targeted for the current year. According to the Prime Minister’s Office (PMO), the cabinet meeting presided over by caretaker Prime Minister Anwaarul Haq Kakar approved all decisions of the Economic …