Author: i2wtc

LONDON — EU heads of state will call for quicker action on the use of immobilized Russian assets at a meeting next week amid growing pressure from U.S. President Donald Trump, according to a document seen by CNBC.The European Commission, the executive arm of the EU, has been looking at how to use about 175 billion euros ($204 billion) in cash that has matured from frozen Russian assets held in Europe to further support Ukraine’s coffers. The Trump administration has pushed its G-7 counterparts, which include Italy, France, and Germany, to seize billions in frozen Russian assets, according to the…

Justices discuss no discrimination in tax, clarify super tax is separate from final tax regimeThe Supreme Court of Pakistan. PHOTO: APP/FILE Supreme Court Judge Justice Muhammad Ali Mazhar remarked that the super tax law clearly defines the taxable profit threshold, stating, “Companies must pay only what is legally due.” A five-member bench heard petitions challenging the super tax on Thursday. The bench, headed by Justice Aminuddin Khan, included Justice Jamal Khan Mandokhail, Justice Muhammad Ali Mazhar, Justice Ayesha Malik, and Justice Hasan Azhar Rizvi. At the outset of the session, Advocate Farogh Naseem concluded his arguments, representing several companies challenging…

Interior minister says peaceful protest is everyone’s right, but won’t tolerate arson or use of weaponsMohsin Naqvi addresses the media during his visit to the Mega Passport Center on Peco Road in Lahore. Photo: Screengrab Interior Minister Mohsin Naqvi has accused Tehreek-e-Labbaik Pakistan of adopting a violent approach during recent protests, including armed groups firing at police. saying govt made sincere efforts for peaceful resolution but thier leadership chose violence, Express News reported. Speaking at a media briefing in Islamabad on Thursday, Naqvi stressed that while violence had occurred during the protest, it was only directed at those who had…

A harvester produced by the Case New Holland (CNH) works in a corn field in Shuangcheng District of Harbin, northeast China’s Heilongjiang Province, Oct. 14, 2025. (Xinhua/Sun Xiaoyu)HARBIN, Oct. 16 (Xinhua) — At the Case New Holland (CNH) industrial plant in Pingfang District of Harbin, capital of northeast China’s Heilongjiang Province, the new 5088 combine harvesters are rolling off the production line at a rapid pace.Standing over 5 meters tall and stretching 11 meters long, these machines — powered by more than 200 horsepower and composed of over 10,000 components — symbolize the momentum of China’s agricultural modernization.With 44 workstations…

Says Trump welcome to mediate between Islamabad, Kabul with 48-hour ceasefire underway Any transgression by Afghanistan will result in swift response from Pakistan: Khawaja Asif Defence Minister Khawaja Asif has warned that if Afghanistan violates the 48-hour ceasefire set in place since 6pm on Wednesday (yesterday) on the latter’s request, Pakistan will be compelled to respond.  Speaking at a news segment broadcast by a private TV channel, Asif said the Afghan Taliban regime was effectively serving India’s interests, with the government in Kabul fighting a proxy war on India’s behalf.  Referring to the US president, the defence minister said, “Donald Trump has…

Schedule changes aim to improve efficiency, accommodate ongoing infrastructure challenges Pakistan Railways has introduced a revised train schedule for the winter season, which came into effect on Thursday. The updated timetable includes minor changes to the departure timings of 16 trains, the restoration of previously suspended services, and adjustments to routes affected by recent flooding. The schedule changes are designed to improve operational efficiency while accommodating ongoing infrastructure challenges. Four previously suspended trains have been reintroduced as part of the new schedule, and nine trains that were previously given temporary halts will now have regular stops at designated stations. Among…

Ron Conway, founder of SV Angel, speaks during the TechCrunch Disrupt NYC 2015 conference in New York on May 4, 2015.Michael Nagle | Bloomberg | Getty ImagesDays after suggesting that President Donald Trump should send federal troops to San Francisco, Salesforce CEO Marc Benioff is facing some consequences.Prominent startup investor Ron Conway, who backed companies including Google, Airbnb and Stripe, resigned from the board of the Salesforce Foundation on Thursday, CNBC has confirmed. Conway is a longtime Democratic donor who was a member of VCs for Kamala, and donated around $500,000 to at least two funds tied to Kamala Harris’…

People look at a humanoid robot of China Mobile at the 14th China International Patent Fair in Dalian, northeast China’s Liaoning Province, Oct. 13, 2025.  (Photo by Zhao Junxiang/Xinhua)DALIAN, Oct. 16 (Xinhua) — In a country home to over 5 million patented innovations, securing a gold patent award is a remarkable achievement.The 2025 China Patent Awards were presented to winners at the 14th China International Patent Fair held earlier this week in the city of Dalian, northeast China’s Liaoning Province. A total of 30 inventions and utility models, along with 10 industrial designs, received gold awards, the highest honor for…

The Peshawar High Court on Thursday granted protective bail to Khyber-Pakhtunkhwa Chief Minister Sohail Afridi during a hearing before a two-member bench comprising Justice Ijaz Anwar and Justice Muhammad Naeem Anwar. The court also issued directives barring law enforcement agencies from arresting the Chief Minister in connection with any pending cases. Justice Ijaz inquired whether any First Information Reports (FIRs) had been registered against the chief minister. In response, Advocate General Shah Faisal Uthmankhel acknowledged that multiple FIRs existed but said he was unaware of the exact number or whether any were directly linked to the Chief Minister. The court…

A man visits the Reading China booth at the Frankfurt Book Fair in Frankfurt, Germany, Oct. 15, 2025. The world’s largest book fair, the Frankfurt Book Fair, opened here on Tuesday with a focus on licensing and rights exchange. (Xinhua/Du Zheyu)The Chinese and English editions of Medical Human Experiments Conducted by Imperial Japanese Army for Biological Warfare in China (1932-1945) were launched during the Frankfurt Book Fair.FRANKFURT, Oct. 16 (Xinhua) — A book by a German population health researcher has debuted in Frankfurt on Wednesday. It exposes the history of medical human experiments conducted by Japanese biological warfare units in…