Author: i2wtc

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…

Many predict that the artificial intelligence boom will dramatically change how people live and work, and the scale and pace of recent AI deals seems to reflect this. At the center are a handful of companies that are increasingly turning to each other to finance and build out the necessary infrastructure.ChatGPT-maker OpenAI alone has racked up around $1 trillion in deals this year, according to a report from the Financial Times. In September, OpenAI confirmed that it would pay Oracle $300 billion for computer infrastructure over the course of five years. This deal is part of a $500 billion data…

This photo taken on Oct. 13, 2025 shows a scene at the closing ceremony of the Global Leaders’ Meeting on Women, in Beijing, capital of China. The Global Leaders’ Meeting on Women concluded in Beijing on Monday afternoon. (Xinhua/Zhang Yuwei)Looking back on history, the world has undergone an extraordinary journey to achieve gender equality, strengthening humanity along the way.by Xinhua writer Dong YueBEIJING, Oct. 15 (Xinhua) — The recently-concluded Global Leaders’ Meeting on Women, held in Beijing, has provided a valuable opportunity for the international community to take more concrete measures to bolster the development of women.As Chinese President Xi…

Moves court to instruct action by PEMRA, PTA, guidance by Council of Islamic Ideology A constitution petition has been filed before the Islamabad High Court against reality TV show Lāzawāl Ishq on allegations of promoting obscene and immoral content.  The petitioner, Aman Taraqqi Party Chairperson Muhammad Faiq Shah, contends that the reality TV show runs content contrary to the country’s religiosocio values, traditions and morals. It promotes obscenity and moral corruption to its young audience, the petitioner has argued, moving the court to direct PEMRA [Pakistan Electronic Media Regulatory Authority] and PTA [Pakistan Telecommunication Authority] to strictly monitor “immoral” content on…

Operation necessary to prevent powerful land mafia seizing control of valuable real estate The repatriation of thousands of Afghan nationals from the Afghan Basti (Afghan Camp) in Karachi, authorities have now begun demolishing homes in the vacated area amid growing concerns over potential illegal occupation. The Malir Development Authority (MDA) has taken control of the land and initiated demolition of the abandoned houses to prevent encroachment and reclaim the land for official use. The move comes after earlier warnings by DIG West Irfan Baloch, who had raised alarms about land grabbers eyeing the area. In a letter to the city…

A Pony.ai AION robot taxi is displayed during the 21st Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center in Shanghai on April 23, 2025. Wang Zhao | Afp | Getty ImagesAutonomous driving firms Pony.ai and WeRide have received approval from China’s securities regulator for secondary listings in Hong Kong, as the companies look to raise funds and continue their global expansion. The China Securities Regulatory Commission announced Tuesday that both companies had filed to issue and list shares in Hong Kong. Chinese companies seeking a foreign listing are required to file an application with the CSRC in advance,…

Brian Moynihan, CEO of Bank of America, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of debanking on Thursday, February 13, 2025. Tom Williams | Cq-roll Call, Inc. | Getty ImagesBank of America is scheduled to report third-quarter earnings before the opening bell Wednesday.Here’s what Wall Street expects:Earnings per share: 95 cents, according to LSEGRevenue: $27.5 billion, according to LSEGNet Interest Income: $15.24 billion, according to StreetAccountTrading: Fixed Income of $3.11 billion, Equities of $2.10 billion, according to StreetAccountBank of America is likely to have benefited from…

This photo taken on Oct. 14, 2025 shows a glasses-free 3D panda along a street in Chengdu, southwest China’s Sichuan Province. The glasses-free 3D pandas here have won the hearts of both residents and tourists since its debut in 2024, becoming a must-visit spot in the city. (Xinhua/Liu Kun)A drone photo taken on Oct. 14, 2025 shows glasses-free 3D pandas along a street in Chengdu, southwest China’s Sichuan Province. The glasses-free 3D pandas here have won the hearts of both residents and tourists since its debut in 2024, becoming a must-visit spot in the city. (Xinhua/Liu Kun)People take photos of…