Author: i2wtc

11 arrest warrants cancelled, 15 frozen accounts to be restored, property seizures halted. Aleema Khan appeared in a Rawalpindi anti-terrorism court for her November 26 hearing on Thursday, after threats of property seizure, frozen bank accounts, a blocked CNIC and passport, and 11 arrest warrants. However, government counsel Zaheer Shah did not let the hearing proceed without raising the issue of Aleema’s continued absence, raising strong objections in court. The prosecutor noted that more than a month had passed since charges were framed against Aleema Khan, yet she had remained consistently absent. No request for exemption from attendance had been submitted…

Shoppers walk past a GAP fashion retail store on Oxford Street on October 30, 2025 in London, United Kingdom. John Keeble | Getty Images News | Getty ImagesApparel retailer Gap said Thursday its comparable sales rose 5% during the fiscal third quarter, driven by strong revenue at its namesake brand after its viral “Better in Denim” campaign with girl group Katseye. Putting aside pandemic-related spikes, the rise in comparable sales is the strongest growth for Gap since its fiscal 2017 holiday quarter and is well ahead of Wall Street expectations of 3.1%, according to StreetAccount. In an interview with CNBC, CEO Richard…

Mercedes-AMG Petronas F1 CEO and team principal Toto Wolff is bringing in new team ownership, selling a portion of his holdings to CrowdStrike founder and CEO George Kurtz, the executives told CNBC Thursday. Kurtz’s personal acquisition expands a partnership between the auto racing team and software provider that dates to 2019. It also expands the tech industry’s push into global motorsport. The financial terms of Kurtz’s investment were not disclosed, but a person familiar with the matter told CNBC the deal values the Mercedes team at $6 billion. “You have all these new fans coming in,” Kurtz said. “The reason…

23 terrorists in two intelligence-based operations in Kurram, seven more killed in separate operations Security forces killed at least 30 terrorists in a series of intelligence-based operations conducted across multiple districts of Khyber-Pakhtunkhwa (K-P) over the past two days, the military’s media wing said on Thursday. According to the Inter-Services Public Relations (ISPR), the operations were carried out on November 18 and 19 in Mohmand, Lakki Marwat, Tank and Kurram districts following reports of terrorist presence in the region. In Mohmand, troops launched an intelligence-based operation and came under fire while approaching a suspected hideout. Security personnel returned fire and…

Andriy Onufriyenko | Moment | Getty ImagesBitcoin dropped on Thursday to levels not seen in more than six months, as investors appeared to pull back exposure to riskier assets and weighed the prospects of another Federal Reserve rate cut next month. The flagship digital currency fell to as low as $86,325.81, its lowest level since April 21. It last traded at $86,690.11.The release of stronger-than-expected U.S. jobs data raised questions about whether the central bank would lower its benchmark overnight rate. The U.S. economy added 119,000 in September, well above the 50,000 economists polled by Dow Jones expected. That report…

Four men have been indicted on federal criminal charges related to a plot to export Nvidia chips worth millions of dollars to China and Hong Kong in violation of tight U.S. restrictions, court documents show.One of the defendants, Brian Curtis Raymond, a 46-year-old resident of Huntsville, Alabama, was identified last week as the chief technology officer of an artificial intelligence cloud company in Virginia that announced plans for a merger that would allow its stock to be publicly traded. That company is not implicated in the case, and told CNBC that his job offer has been rescinded.Raymond and the other…

Energy experts warn spiralling capacity payments, underutilised plants remain core crisis The Asian Development Bank has approved a $330 million financing package for Pakistan to expand and modernise its high-voltage transmission infrastructure, a move expected to significantly improve the flow of clean and low-cost energy across the national grid. While the project marks an important step toward strengthening Pakistan’s power sector, energy experts caution that chronic structural distortions — especially ballooning capacity payments and underutilised generation assets — continue to pose urgent and unresolved challenges. Announced in Manila on Wednesday, the Second Power Transmission Strengthening Project is one of the…

CrowdStrike is setting the standard for modern cybersecurity and enjoying a well-deserved, incredible year for its stock. It’s a leader in a competitive industry, with rivals, such as fellow Club name Palo Alto Networks , all vying for companies’ ever-expanding cyber budgets. Despite strong earnings Wednesday evening, Palo Alto shares dropped sharply in Thursday’s big market reversal. Nvidia ‘s post-earnings rally fizzled and took Wall Street down with it. Even CrowdStrike, which had been up strongly earlier in the session, turned lower. For the year as a whole, however, CrowdStrike has been a market standout as the company expands artificial…

Sale signs inside the Bath and Body Works store in Edmonton. On Thursday, January 6, 2022, in Edmonton, Alberta, Canada.Artur Widak | Nurphoto | Getty ImagesBath & Body Works Inc. stock plunged Thursday after the company reported “disappointing” third-quarter earnings and slashed its full-year outlook, citing “macro consumer pressures.”Shares sank nearly 25% on Thursday and hit a new 52-week low. The stock has plunged more than 50% this year.CEO Daniel Heaf announced a turnaround plan for the company, with expectations of $250 million in cost savings by 2027, aimed at attracting younger consumers and recentering the company’s focus to its…

Over 15,000 cases reported from Jan–Jun 2025, including 51 kidnappings and 24 incidents of domestic violence At least 85 women face violence daily in Punjab, including an average of nine who are sexually assaulted, according to a biannual report released by the Sustainable Social Development Organization (SSDO). The findings, based on data collected through the Right to Information (RTI) from Punjab Police, highlight disturbing trends of gender-based violence, with more than 15,000 cases reported between January and June 2025. The Violence Against Women Punjab 2025 factsheet documents major categories of offences including sexual assault, kidnapping, domestic violence, honour killing, trafficking,…