Author: i2wtc

U.S. President Donald Trump speaks as Crypto czar David Sacks, U.S. Treasury Secretary Scott Bessent, U.S. Commerce Secretary Howard Lutnick, and Executive Director of the Presidential Council of Advisers for Digital Assets Bo Hines attend the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025. Evelyn Hockstein | ReutersBo Hines has no professional background in crypto. He earned his law degree three years ago from Wake Forest. He’s twice unsuccessfully run for Congress in North Carolina. Now the 29-year-old former football player is wrapping up his second month as one of the leaders of President…

Staff members test a climate radar device at the Tianjin Yunyao Aerospace Technology Co., Ltd. in Tianjin, north China, March 21, 2025. In recent years, Binhai New Area in north China’s Tianjin has optimized the business environment for private economy to accelerate its development. In 2024, the Economy Value Added of private economy in the area has increased by 9.1 percent year-on-year. (Xinhua/Zhao Zishuo)Staff members check the core part of a satellite at the Tianjin Yunyao Aerospace Technology Co., Ltd. in Tianjin, north China, March 21, 2025. In recent years, Binhai New Area in north China’s Tianjin has optimized the…

Listen to article In just three days since Israel shattered the ceasefire, Palestinian lives have once again been plunged into devastation. The renewed aggression has already claimed the lives of at least 591 Palestinians, including 200 children, according to Gaza’s Health Ministry. Over 1,040 people have been injured, many critically, in a relentless wave of airstrikes, ground incursions, and artillery bombardment. The most harrowing assault unfolded today in Rafah’s central Shaboura neighborhood, where Israeli forces launched a full-scale invasion. The densely populated area in southern Gaza, once a fragile refuge for tens of thousands of displaced families, has now become another epicenter…

Listen to article The Economic Coordination Committee (ECC) has approved several financial grants including a Technical Supplementary Grant (TSG) of Rs2 billion from the Ministry of Information and Broadcasting’s allocated budget of Rs5.6 billion. The grant will be used to clear outstanding advertisement dues owed to media houses, according to an official statement. The decisions were made during an ECC meeting chaired by Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Friday. In addition to the media-related grant, the ECC approved a TSG of Rs430 million for the Ministry of Defence to execute SAP schemes in Punjab for the current fiscal…

The StubHub logo is seen in a former store in New York City on April 18, 2024.Michael M. Santiago | Getty ImagesStubHub, an online marketplace for reselling tickets, on Friday filed to go public on the New York Stock Exchange under the ticker symbol “STUB.”In its prospectus for an initial public offering, the company said it had a net loss of $2.8 million on revenue of $1.77 billion for 2024, compared with a $405 million profit on $1.37 billion in revenue for 2023.StubHub has been a longtime player in the ticketing industry since its launch in 2000. It was purchased…

Listen to article Finance Minister Muhammad Aurangzeb has expressed optimism about the ongoing negotiations with the International Monetary Fund (IMF), stating that talks are in their final stages and there are no significant obstacles remaining. Speaking to the media on Friday, the minister confirmed that Pakistan is on track to meet the IMF’s economic targets and reassured that the discussions will soon conclude positively. Aurangzeb emphasised Pakistan’s commitment to fiscal discipline, highlighting the government’s adherence to the financial framework agreed upon with the IMF. The talks are focused on securing the next tranche of funding, which is crucial for Pakistan’s economic recovery.…

Thousands gather near Istanbul’s town hall in support of the city’s recently arrested mayor.Thousands of protesters have joined a march in Istanbul in support of the city’s arrested mayor, defying a warning from Turkish President Recep Tayyip Erdogan that authorities would crack down on “street terror”. Demonstrators took to the streets in Turkiye’s commercial hub on Friday for the third consecutive day to show their support for Ekrem Imamoglu – Erdogan’s chief political rival – who was arrested on Wednesday, days before he was due to announce his 2028 presidential run. Opposition leader Ozgur Ozel said more than 300,000 people…

Microsoft CEO Satya Nadella speaks at the Microsoft Build AI Day event in Bangkok, Thailand, on May 1, 2024.Chalinee Thirasupa | ReutersWith about 10 minutes left until the market’s close, Microsoft’s stock was down for the week. It would’ve been the first eight-week losing streak since 2008.But the shares popped just before the end of trading, pushing the stock up 0.7% for the week to close at $391.26. It’s still down 7% for the year. The last time Microsoft had a weekly slump like its seen this year was between January and February 2008, when the country was in the…

The U.S. Securities and Exchange Commission (SEC) headquarters in Washington, D.C., U.S. on March 5, 2025.Leslie Josephs | CNBCWall Street’s top regulator is facing a staff exodus across key departments as hundreds have agreed to take resignation offers amid President Donald Trump and Elon Musk’s efforts to remake the U.S. government, five people familiar with the matter told Reuters.Departures from the U.S. Securities and Exchange Commission, including by senior staff and enforcement lawyers, could significantly hamper the watchdog’s efforts to police markets and protect investors, the sources said. The exits stem from Trump and Musk’s efforts to slash the federal…

Listen to article Prime Minister Shehbaz Sharif, during his four-day visit to Saudi Arabia, paid his respects at Roza-e-Rasool (PBUH) on Thursday, offering prayers for the progress of Pakistan and unity in the Muslim world. On the second leg of his trip, the prime minister and his high-level delegation were granted exclusive access to Riaz-ul-Jannah. Accompanied by his delegation, PM Shehbaz performed Nawafil prayers at Masjid-e-Nabawi, praying for the prosperity of Pakistan and the unity of Muslims across the globe. The visit marks a significant moment in strengthening the bilateral relations between Pakistan and Saudi Arabia, as well as underlining the Prime…