Author: i2wtc

The Amazon Puget Sound Headquarters is pictured on Oct. 28, 2025 in Seattle, Washington.Stephen Brashear | Getty ImagesAmazon’s 14,000-plus layoffs announced last month touched almost every piece of the company’s sprawling business, from cloud computing and devices to advertising, retail and grocery stores. But one job category bore the brunt of cuts more than others: engineers. Documents filed in New York, California, New Jersey and Amazon’s home state of Washington showed that nearly 40% of the more than 4,700 job cuts in those states were engineering roles. The data was reported by Amazon in Worker Adjustment and Retraining Notification (WARN)…

Legislation includes financial measures such as microfinance, credit, insurance, and emergency support PESHAWAR: Khyber-Pakhtunkhwa is set to formally regulate and protect the livelihoods of street vendors, following the completion of a landmark draft legislation, Chief Minister Muhammad Sohail Afridi announced on Wednesday. The Ehsaas Rehribaan (Street Vendors) Livelihood Protection Bill 2025, once approved by the provincial cabinet and ratified by the Assembly, aims to incorporate more than 140,000 street vendors into a legal framework that safeguards their rights, regulates vending spaces, and integrates them into the formal economy. Speaking at a press briefing, Chief Minister Afridi described the legislation as…

U.S. President Donald Trump (L) greets Ukrainian President Volodymyr Zelenskyy outside the West Wing of the White House on October 17, 2025, in Washington, DC. Win Mcnamee | Getty Images News | Getty ImagesUkrainian President Volodymyr Zelenskyy said Thursday that Kyiv is “geared up for clear and honest work” to develop a peace plan to end the country’s war with Russia, after being presented with draft proposals by U.S. delegates. On Tuesday, Axios reported that a secret peace deal was being drawn up by Washington and Moscow, with some media outlets reporting a breakthrough could be imminent. In a post on the social networking…

A tea technician draws a panda pattern while making tea at an expo of panda-themed cultural and creative products in Chengdu, southwest China’s Sichuan Province, Nov. 21, 2025.The Global Panda Partners 2025 conference opened here on Friday. (Xinhua/Wang Xi)Guests learn about panda-themed cultural and creative products at the Global Panda Partners 2025 conference in Chengdu, southwest China’s Sichuan Province, Nov. 21, 2025.The Global Panda Partners 2025 conference opened here on Friday. (Xinhua/Jiang Hongjing)Guests stamp on panda-themed postcards at an expo of panda-themed cultural and creative products in Chengdu, southwest China’s Sichuan Province, Nov. 21, 2025.The Global Panda Partners 2025 conference…

Inquiry covers administrative and financial audits of the university, alongside staff complaints against the VCA view of an inundated University Road when a water supply line measuring 84 inches in diameter burst near the Federal Urdu University of Arts, Science and Technology last year. PHOTO: ATHAR KHAN/EXPRESS KARACHI: Speculation is rife over whether President Asif Ali Zardari’s decision to remove the Deputy Chair of the Senate of the Federal Urdu University of Arts, Science and Technology (FUUAST) has opened the door for possible action against the university’s vice chancellor, Prof Dr Zabta Khan Shinwari. Academic and administrative circles believe that…

Global investors are bracing for a battle between long and short-term wins amid a dramatic sell-off in artificial intelligence-related stocks. AI darling Nvidia buoyed an otherwise deflated market when it reported strong earnings after the bell on Wednesday, sending its own stock soaring and carrying related names alongside it. However, the rally quickly reversed on Thursday with Nvidia ultimately ending the trading session 3% lower.  While the U.S. chipmaker’s earnings initially appeared strong enough to quell concerns over an AI bubble, economic speculation put global investors back on the defensive as hopes dimmed of a December rate cut by the Federal Reserve. The U.K.’s hotly anticipated Autumn Budget is also expected next week.  Asia-Pacific markets fell Friday, led by tech heavyweight SoftBank, which plunged more…

PM lays foundation of Daanish School in AJK; vows educational and economic progressPrime Minister Shehbaz Sharif. Photo: File MUZAFFARABAD: Prime Minister Shehbaz Sharif on Thursday praised a recent report submitted to the US Congress that credited Pakistan with “military success” during its four-day clash with India in May, saying the findings validated the nation’s armed forces and their professional excellence. Speaking at the foundation stone laying ceremony of a Daanish School in Harighel, Azad Kashmir, the prime minister said the report confirmed what the country’s brave soldiers had achieved. He reiterated that the US congressional report highlighted Pakistan’s exemplary performance…

The entrance to a Foxconn construction site in Mount Pleasant, Wisconsin, in May 2019.Katie Tarasov | CNBCFoxconn showcased its push into artificial intelligence at its annual ‘Hon Hai Tech Day’ in Taiwan on Friday, underscoring the world’s largest contract manufacturer’s efforts to evolve beyond its role as the biggest assembler of Apple’s iPhones. The company, officially known as Hon Hai Precision Industry Co., has also become a major player in the AI hardware space, with its event taking place the same day it announced a partnership with ChatGPT maker OpenAI. OpenAI CEO Sam Altman, in a video statement streamed at the event,…

This photo taken on Nov. 17, 2025 shows a scene of the venue for the 20th Group of 20 (G20) Summit in Johannesburg, South Africa. (Photo by Shiraaz Mohamed/Xinhua)Lemmy Nyongesa Mulaku, a lecturer of international studies at the University of Nairobi, said, “The G20 summit provides an opportunity for a stronger partnership between China and Africa to not only push climate adaptation solutions ahead, but to entrench them into global governance institutions and structures.”JOHANNESBURG, Nov. 21 (Xinhua) — The Group of 20 (G20) Leaders’ Summit will convene over the weekend in Johannesburg, South Africa, the first ever to be held…

SBP injects liquidity into money market; gold down Rs5,000/tola, rupee posts a slight gain KARACHI: Pakistan’s foreign exchange reserves recorded a modest improvement during the week ended November 14, 2025, with the State Bank of Pakistan’s (SBP) holdings rising by $27 million to reach $14.551 billion, according to data released by the central bank on Thursday. The SBP’s weekly report showed that the country’s total liquid foreign exchange reserves stood at $19.738 billion. Of this, commercial banks held $5.187 billion in net reserves, while the SBP’s share made up the bulk of the total. The SBP on Thursday injected a…