Author: i2wtc
Microsoft CEO Satya Nadella speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024.Jason Redmond | AFP | Getty ImagesA half-century ago, childhood friends Bill Gates and Paul Allen started Microsoft from a strip mall in Albuquerque, New Mexico. Five decades and almost $3 trillion later, the company celebrates its 50th birthday on Friday from its sprawling campus in Redmond, Washington.Now the second most valuable publicly traded company in the world, Microsoft has only had three CEOs in its history, and all of them are in attendance for the monumental event. One is current…
Shahrez is the second Pakistani triathlete to qualify for the Ironman 70.3 world championship. Shahrez Khan, a triathlon star, spent his whole life training for marathons, pounding the pavement in spots like Lahore’s Zaman Park — back when it was more about cricket and hockey than anything else — Bagh-i-Jinnah in the heart of the city, and the scenic gardens of Christ Church Meadow over at Oxford in the United Kingdom. He knew running was his strongest suit, no question. Born in Lahore to Aleema Khan, sister of PTI founder Imran Khan, Shahrez completed his schooling at Aitchison College before…
Trump’s Friday schedule from Mar-a-Lago: Nothing, then dinnerPresident Donald Trump and his son, Eric Trump, drive in a golf cart after he arrived on Marine One at the LIV Golf Miami golf tournament at Trump National Doral.Sam Navarro-Imagn Images | ReutersTrump’s schedule for Friday is clear, save for attending a “Candlelight Dinner” for the super political action committee MAGA Inc., according to the White House.The dinner is at Trump’s Palm Beach club and residence, Mar-a-Lago. Trump arrived there Thursday evening after catching another dinner for the LIV golf tour at his Doral Golf Club in Miami.— Kevin BreuningerSnap-on CEO Nick…
Listen to article BAHAWALNAGAR: The suspects of a notorious dacoit gang who had escaped from the CIA police station lockup in Bahawalnagar were re-arrested after a search operation. Three of the seven fugitives were apprehended the same night, while the remaining four were captured three days later. The suspects, wanted for multiple cases of robbery and theft, had recently been detained under case number 122/25, section 395 of the Pakistan Penal Code (PPC) in Bakshan Khan. However, instead of being held legally, they were allegedly kept in illegal custody at the CIA police station for ten days. Even after their re-arrest, police…
The latest displacement orders in Rafah and Gaza City have forced hundreds of thousands of Palestinians to flee again.Israel has now restricted Palestinians’ access to roughly two-thirds of Gaza, either by declaring large areas as no-go zones or issuing forced displacement orders, according to the UN Office for the Coordination of Humanitarian Affairs (OCHA). Among the restricted areas is a large swath of southern Rafah, where Israel’s military issued a new displacement order on March 31, declaring it was returning to “fight with great force”. The restrictions also cover parts of Gaza City, where Israeli troops launched a new ground…
It’s milestone month for the exchange-traded fund industry.Actively managed ETFs now have more than $1 trillion in assets under management, according to independent research firm ETFGI.That’s roughly the market cap of Berkshire Hathaway, Saudi Arabia’s gross domestic product and the value of 121 New York Yankees franchises.The ETF Store’s Nate Geraci thinks it will grow even bigger due to the appetite for new active investing strategies.”It’s interesting for an industry where the roots are passively managed products. That’s what the industry was built on,” the firm’s president told CNBC’s “ETF Edge” this week. “It’s interesting to see active ETFs getting…
Listen to article PESHAWAR: The Internal Accountability Committee (IAC) of the Pakistan Tehreek-e-Insaf (PTI) has launched an investigation into the performance of the party’s previous provincial government in Khyber Pakhtunkhwa (K-P). As part of the inquiry, the committee has sought answers from former provincial minister Taimur Saleem Jhagra regarding 13 charges against him. Among the allegations is that the province defaulted multiple times during his tenure and that Rs36 billion was withdrawn from the pension and gratuity fund account without being returned. The charge sheet further states that he also served as the health minister and that all summaries sent by the…
Practice for Formula One’s Japanese Grand Prix heavily disrupted as McLarens take top two spots.Oscar Piastri and Lando Norris topped the times for McLaren as four red flags, two caused by trackside grass fires, wreaked havoc with the second practice session for the Japanese Grand Prix. Australian Piastri, the winner of the last race in China, squeezed in a lap of one minute, 28.114 seconds between the last two red flags to take the honours on a sunny but cool day at the Suzuka circuit on Friday. Championship leader Norris was fastest in first practice and second in the later…
LAHORE: Former Test fast bowler Farooq Hameed, who played only one Test for the national side, died here on Thursday at the age of 80 due to cancer. The right-arm quick Farooq had played 43 first-class matches from 1961 to 1970 for Pakistan and picked up 111 wickets at an average of 25.21. His solitary international outing was against Australia in 1964, a match in which he dismissed Australian great Ian Chappell at the Melbourne Cricket ground. Prime Minister of Pakistan Shehbaz Sharif offered his condolences to the bereaved family. “Farooq Hamid brought great honour to Pakistan through his performance…
Former Prime Minister Enrico Letta, speaks during ICAM in April 2025.Europa Press News | Europa Press | Getty ImagesU.S. President Donald Trump’s so-called ‘Liberation Day’ trade tariffs are “madness, pure madness”, according to former Italian Prime Minister and Dean of the IE School of Politics Enrico Letta, who called the reciprocal levies “incomprehensible.”Speaking to CNBC’s Silvia Amaro on the shores of Lake Como at the Ambrosetti Forum on Friday, he said Trump was exploiting fragmentation within the EU, adding it was crucial for the bloc to come together. He further warned that the sweeping U.S. duties — which he described as…