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ISLAMABAD: Supreme Court judge Jamal Khan Mandokhail has said he cannot understand how an article of the Constitution, Article 191-A, can be ignored while hearing the petitions challenging the 26th Constitutional Amendment. Article 191-A, introduced by the 26th Constitutional Amendment, outlines a new process for the Supreme Court’s practice and procedure, particularly concerning the constitution of benches. “How any constitutional article be sidelined?” Justice Manokhail, who is a part of an eight-member constitutional bench (CB) of the Supreme Court hearing petitions filed against the amendment, said on Tuesday. Justice Ayesha Malik, however, noted that there are legal precedents in this…
An Aligned data center in Northlake, Illinois, US, on Thursday, Oct. 9, 2025.Christopher Dilts | Bloomberg | Getty ImagesNvidia, Microsoft, BlackRock and Elon Musk’s xAI are part of a consortium of investors that has agreed to purchase Aligned Data Centers for $40 billion, the companies announced Wednesday.Aligned designs and operates data centers and data campuses across North and South America, and is owned by Macquarie Asset Management.MGX of Abu Dhabi, United Arab Emirates, BlackRock’s Global Infrastructure Partners and members of Artificial Intelligence Infrastructure Partnership, or AIP, will acquire 100% of the company’s equity, in what will be the largest global…
This photo taken on Oct. 15, 2025 shows a scene during the 138th edition of the China Import and Export Fair in Guangzhou, south China’s Guangdong Province. The 138th edition of the China Import and Export Fair, also known as the Canton Fair, kicked off in Guangzhou on Wednesday, with the number of booths reaching 74,600 and exhibitors exceeding 32,000, both record high figures in the history of this famous event. (Xinhua/Deng Hua)GUANGZHOU, Oct. 15 (Xinhua) — The 138th edition of the China Import and Export Fair, also known as the Canton Fair, started on Wednesday, with the number of…
RAWALPINDI: Former prime minister Imran Khan has warned that rising tensions with Afghanistan could increase the threat of terrorism. He has laid stress on finding a political, not a military solution to the issue. “Imran said the PTI strongly condemns all forms of terrorism but believes that the solution lies in political dialogue. Military strikes in Afghanistan could lead to increased terrorist activity in Pakistan,” said PTI Chairman Gohar Ali Khan after meeting with the PTI founder at Adiala Jail on Tuesday. Gohar was speaking to the media outside the prison facility along with Senator Ali Zafar and Barrister Muhammad…
Travis Hutchison, a soybean farmer, unloads his cargo from his family’s truck at a local grain dealer in Queen Anne, Maryland, on Oct. 10, 2025. Roberto Schmidt | AFP | Getty ImagesThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Transpacific turmoilThe volatile U.S.-China relationship hit another bump yesterday when President Donald Trump said he is considering placing a cooking oil embargo on Beijing in retaliation for it’s refusal to buy U.S. soybeans. The ongoing feud has led to choppy stock market trading…
Treasury Secretary Scott Bessent insisted Wednesday that the U.S. won’t change its trade negotiating stance on China due to stock market volatility.”We won’t negotiate because the stock market is going down” or shy away from taking strong measures against Beijing for that reason, Bessent said in an exclusive interview at CNBC’s Invest in America Forum.”We will negotiate because we are doing what is best economically for the U.S.,” he said.Bessent also pushed back on a report in The Wall Street Journal overnight that Chinese President Xi Jinping is “betting that the U.S. economy can’t absorb a prolonged trade conflict” with…
LONDON, ENGLAND – MAY 18: Minority shareholder of Chelsea, Alexis Ohanian during The Adobe Women’s FA Cup Final match between Chelsea and Manchester United at Wembley Stadium on May 18, 2025 in London, England (Photo by Eddie Keogh – The FA/The FA via Getty Images)Eddie Keogh – The Fa | The Fa Collection | Getty ImagesAlexis Ohanian is expanding his investment portfolio in women’s sports with a new stake in professional women’s volleyball.League One Volleyball (LOVB) announced on Wednesday that Ohanian’s investment firm, Seven Seven Six, will lead the ownership group of a new professional team, LOVB Los Angeles Volleyball.…
Pakistan’s support for their cause rooted in principles of justice, international lawPrime Minister Shehbaz Sharif. Photo: File ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday reaffirmed that the establishment of a strong and viable Palestinian state with pre-1967 borders and Al Quds Al Sharif as its capital remained the bedrock of Pakistan’s Middle East policy and would continue to guide the country’s stance on regional peace. In a post on X (formerly Twitter) while returning home after attending the Gaza Peace Summit in Sharm El Sheikh, the prime minister said that the freedom, dignity and prosperity of the Palestinian people remained…
Nscale, the UK-headquartered AI infrastructure provider.Courtesy: NscaleAI cloud company Nscale is eyeing an IPO, the company confirmed to CNBC Wednesday as it announced a $14-billion deal with U.S. tech giant Microsoft.The London-based company, which provides technology infrastructure to help AI scale, has “public market ambitions” which could be realized in the “back end of next year,” Chief Executive Josh Payne told the Financial Times on Wednesday.A company spokesperson declined to comment on where the company is considering listing.On Wednesday Nscale announced an “expanded partnership” with Microsoft, netting the younger company $14 billion, a figure first reported by the Financial Times…
Ted Pick, CEO of Morgan Stanley speaks on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 23, 2025.Gerry Miller | CNBCMorgan Stanley on Wednesday posted third-quarter earnings that beat expectations by the largest margin in nearly five years on booming equities trading, investment banking and wealth management results.Here’s what the company reported:Earnings per share: $2.80 vs. $2.10 expected, according to LSEGRevenue: $18.22 billion vs. $16.7 billion, according to LSEGThe bank said profit surged 45% from a year earlier to $4.61 billion, or $2.80 per share. Revenue rose 18% to a record $18.22 billion.Morgan Stanley shares…