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A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Elizabeth Lilly started her own asset management firm in 2017, fulfilling a dream three decades in the making. Since her 20s working as an equity analyst, she had carried around a composition notebook, envisioning what her future firm would look like and jotting down lessons from financial powerhouses she worked under like value investor Robert Bruce and turnaround expert Jack Byrne. Less than two…
Listen to article RAWALPINDI: Security forces killed 10 terrorists in an intelligence-based operation (IBO) in Dera Ismail Khan district, while an army officer embraced martyrdom while leading troops from the front, the Inter-Services Public Relations (ISPR) said on Thursday. “On March 20, security forces conducted an intelligence based operation in Dera Ismail Khan district on the reported presence of Khwarij,” the ISPR said in a press release, while referring to the terrorists belonging to the Tehreek-e-Taliban Pakistan (TTP). “During the conduct of operation, own troops, after stealthily surrounding the khwarij location, effectively engaged them and resultantly all ten khwarij were sent to…
NATO members seek to avoid possible chaos should the US declare its withdrawal from the transatlantic military bloc.Europe’s biggest military powers are drawing up plans to take on greater responsibilities for the continent’s defence from the United States, including a pitch to the administration of President Donald Trump, for a managed transfer over the next five to 10 years, according to a new report. The United Kingdom, France, Germany and the Nordic countries are among those engaged in the informal but structured discussions that would reshape the North Atlantic Treaty Organization (NATO) security bloc, The Financial Times newspaper reported on…
Kamel Maddouri’s dismissal comes amid economic and political crises under President Kais Saied, who rules by decree.Tunisian President Kais Saied has fired Prime Minister Kamel Maddouri less than a year after his appointment, as the country grapples with economic and political crises, further complicated by a growing number of migrants and refugees arriving from sub-Saharan Africa. Saied made the announcement late on Thursday, replacing Maddouri with Sara Zaafarani, an engineer who has been minister of equipment and housing since 2021. Since his low turnout re-election in 2024, Saied has been struggling to stabilise the country’s economy, amid an atmosphere of…
LAHORE: The Pakistan Volleyball Federation will host two international events including an eight-nation Central Asian League and an U-19 series against Russia, besides holding the national championship this year, PVF chairman Chaudhry Mohammad Yaqoob said on Thursday. Speaking to Dawn, Yaqoob said that India was the first country, which had sent the entry for the league, followed by other countries including Iran, Kazakhstan, Kyrgyzstan, Uzbekistan, Turkmenistan and Sri Lanka. “We hope that all the countries will visit Pakistan to participate in this tournament, which will also help improve the Asian ranking of these countries,” Yaqoob said. The league will be…
The Bundestag Federal Eagle symbol in the plenary hall of the Bundestag, Germany’s parliament.Krisztian Bocsi | Bloomberg | Getty ImagesGermany’s upper house of parliament on Friday passed a reform of the country’s borrowing rules and a 500-billion-euro ($542 billion) fund to revamp its infrastructure and revive Europe’s largest economy.The constitutional amendment to loosen the so-called debt brake also allows for de-facto unlimited spending on defence and security.The upper house of parliament, which represents the 16 German states, passed the bill with the necessary two-thirds majority after Tuesday’s vote in the lower house, the Bundestag.The conservatives and the SPD party, who…
Listen to article LAHORE: The Punjab government has approved a plan to establishment forensic laboratories in northern, central and South Punjab. The initiative recommended by the home department is part of the implementation of the Punjab Forensic Science Authority Act recently passed by the provincial assembly. The Punjab Forensic Science Authority (PFSA) will operate as a first responder in cases of terrorism and other serious offences for collecting evidence directly from crime scenes. The chief minister has allocated Rs8 billion for the authority’s modernisation, including the procurement of state-of-the-art equipment, infrastructure development and the construction of upgraded facilities. The PFSA has been…
US congressional panel asks six US universities to share data on students enrolled in science and technology programmes.China’s Ministry of Foreign Affairs has protested a request from a US congressional panel this week for six universities in the United States to provide detailed information about Chinese students enrolled in advanced science and technology programmes. The letters were sent on Thursday by John Moolenaar, the chair of the US House Select Committee on the Chinese Communist Party, who alleged that Beijing was embedding its students in top research programmes to gain access to sensitive technology. In response, China’s Foreign Ministry spokesperson…
Late charge at China Grand Prix sees Lewis Hamilton secure his first Formula One sprint pole since joining Ferrari.Lewis Hamilton has astonished the crowd and himself by securing his maiden sprint pole position for Ferrari in the final moments of qualifying at the Chinese Formula One Grand Prix. Hamilton arrived in China after a disappointing season-opening race last weekend in Australia, where he finished 10th. He only managed fourth fastest in opening practice on Friday for a modest improvement in Shanghai. He topped the first section of sprint qualifying, before the dominant McLaren of Lando Norris took over in SQ2.…
LAHORE: The Pakistan Cricket Board (PCB) has dismissed claims about its financial instability, asserting that it is on track to make an estimated profit of Rs3 billion from hosting the ICC Champions Trophy 2025. At a press conference held here on Thursday, Amir Mir, advisor to the PCB chairman, countered media reports, particularly those from India, which suggested that the PCB had suffered financial losses from the Champions Trophy. He also criticised local media for echoing these claims. “The Indian media has spread propaganda about PCB’s financial struggles related to the Champions Trophy, and unfortunately, the Pakistani media has followed…