Author: i2wtc

Jeffrey Epstein in 2004.Rick Friedman | Corbis News | Getty ImagesA top House Democrat asked four major bank CEOs to share a slew of financial records related to Jeffrey Epstein, pushing forward an investigation into the notorious sex predator, after the lawmaker’s effort to subpoena the banks for the documents was blocked by Republicans.House Judiciary Committee ranking member Jamie Raskin, D-Md., in letters to the CEOs obtained by CNBC, asked how Epstein and his co-conspirators could have conducted a reported $1.5 billion in suspicious transactions “for years without ever being caught.”The letters were sent on Wednesday to JPMorgan Chase CEO…

Read More

Delta Air Lines Flight Museum in Atlanta, Ga.Leslie Josephs/CNBCDelta Air Lines forecast a better-than-expected end to 2025 thanks to rising airfares and resilient luxury travel demand.The airline on Thursday projected adjusted earnings of between $1.60 and $1.90 a share for the fourth quarter, compared with the $1.65 per share analysts polled by LSEG were expecting. Revenue in the last three months of the year will grow as much as 4%, Delta said, above the 1.7% Wall Street expects.”Looking to 2026, Delta is well positioned to deliver top-line growth, margin expansion and earnings improvement consistent with our long-term financial framework,” CEO…

Read More

People select products at 1905 Art Re-Creative Space, which is transformed from an abandoned factory, in Shenyang, capital of northeast China’s Liaoning Province, Oct. 6, 2025.  (Xinhua/Pan Yulong)BEIJING, Oct. 9 (Xinhua) — China saw steady growth in consumption during the eight-day National Day and Mid-Autumn Festival holiday, with the “super golden week” spurring diverse spending patterns, official data revealed on Wednesday.Key retail and catering enterprises reported a year-on-year sales increase of 2.7 percent during the holiday, per data from the Ministry of Commerce.From Oct. 1 to 7, the passenger traffic of 78 pedestrian streets and business districts monitored by the…

Read More

Kristalina Georgieva, managing director of the International Monetary Fund (IMF), during a curtain raiser speech ahead of the International Monetary Fund (IMF) and World Bank Fall meetings at The Milken Institute in Washington, DC, US, on Wednesday, Oct. 8, 2025.Bloomberg | Bloomberg | Getty ImagesThe International Monetary Fund and Bank of England are the latest financial institutions to warn that global stock markets could be in trouble if investor appetite for artificial intelligence turns sour.Speaking on Wednesday as finance ministers and central banks prepare to meet in Washington for the fund’s annual meetings next week, IMF chief Kristalina Georgieva offered…

Read More

LAHORE/NAWABSHAH: Haunted by the fallout of the reconciliation with PML-N and stung by scathing criticism – a duel that many naysayers saw as shadow boxing – the PPP Punjab chapter is pushing to move to the opposition benches. Meanwhile, Deputy Prime Minister Ishaq Dar and National Assembly Speaker Sardar Ayaz Sadiq met President Asif Ali Zardari in Nawabshah and assured him stopping political mudslinging. As Wednesday brought brief respite to the exchange of barbs between the two allies, with no hard-hitting press conferences nor any press releases to disparage the other, the intervention of the president – who stepped in…

Read More

OpenAI’s ChatGPT Go has expanded to a total of 18 countries across Asia, according to an announcement made yesterday.Nurphoto | Nurphoto | Getty ImagesOpenAI has expanded its lower-cost subscription plan, ChatGPT Go, to 16 more countries across Asia, company head Nick Turley announced Thursday.”Making ChatGPT more affordable has been a key ask from users,” said Turley in a post on social media platform X in August.The artificial intelligence company launched ChatGPT Go in India and Indonesia earlier this year.The rollout brings OpenAI’s cheapest plan to users across a total of 18 Asian countries: Afghanistan, Bangladesh, Bhutan, Brunei Darussalam, Cambodia, India,…

Read More

RAWALPINDI: Eleven servicemen — including two officers — were martyred during an intelligence-based operation (IBO) in a mountainous district of Khyber-Pakhtunkhwa, the military confirmed in a statement on Wednesday, adding that 19 terrorists were also eliminated in the engagement. “Security forces conducted an IBO in Orakzai district on the reported presence of terrorists belonging to Indian proxy Fitna al Khwarij. During the conduct of operation, 19 Indian-sponsored khwarij were sent to hell due to effective engagement by own troops,” the military’s media wing ISPR said. Fitna Al Khawarij is the state-designated term for the banned Tehreek-i-Taliban Pakistan (TTP) and its…

Read More

RAWALPINDI: Amid a flurry of provocative statements from India following the May 9 setback, Pakistan Army’s top commanders vowed Wednesday to counter any future aggression from India “with a swift and decisive response, shattering any perceived notion of India’s relative safety accruing from geography”. “Any imaginary ‘new normal’ will be met with a new normal of swift retributive response,” the military leadership said, according to communiqué issued after the 272nd Corps Commanders’ Conference held at the General Headquarters (GHQ) with Chief of Army Staff (COAS) Field Marshal Syed Asim Munir in the chair. “The forum expressed grave concerns over the…

Read More

BVNK co-founders (L to R) Donald Jackson, Jesse Hemson-Struthers and Chris Harmes, at the company’s San Francisco Office.BVNKCiti has invested in stablecoin infrastructure company BVNK, the startup told CNBC on Thursday, as big U.S. banks ramp up their presence in the cryptocurrency and digital asset space.Stablecoins are a type of digital asset pegged to a fiat currency and backed by real-world assets like bonds. The two biggest are USDC and Tether, which issues USDT.BVNK’s core technology is effectively a payments rail to facilitate transactions in stablecoins globally, allowing customers to move money from fiat into the cryptocurrency and back.The company…

Read More

Federal Parliamentary Affairs Minister Dr Tariq Fazal Chaudhry has refuted media reports claiming that Azad Jammu and Kashmir Prime Minister Anwarul Haq is being removed from office over his alleged lacklustre response to the recent unrest in the region. Speaking to journalists in the federal capital, Chaudhry said there was no truth to the reports about the AJK premier’s removal, adding that neither a resignation nor any such move was under consideration. He further stated that no move had taken place in this regard. وزیراعظم آزاد کشمیر کو ہٹائے جانے یا ان کے استعفی کے خبروں میں کوئی صداقت نہیں…

Read More