Author: i2wtc
CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai, and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th U.S. president in the U.S. Capitol Rotunda in Washington, Jan. 20, 2025.Saul Loeb | Via ReutersTechnology stocks have slumped more than 7% since President Donald Trump took office in January, with new tariffs setting off a trade war and adding fuel to the risk-off sentiment on Wall Street.Economists warned the tariff spat could spike inflation and send shockwaves worldwide, prompting investors to dump…
India beat Australia by four wickets in Dubai in the first semifinal at the 2025 Champions Trophy.Virat Kohli led the way with 84 runs off 98 balls as India beat Australia by four wickets to reach the final of the Champions Trophy. Kohli’s 74th ODI half-century helped India finish with 267-6 in reply to Australia’s 264 all out in the first semifinal on Tuesday. Pace bowler Mohammed Shami spearheaded India’s bowling and took 3-48 in 10 overs to restrict Australia on a slow wicket. “This game is all about pressure – if you go deep, the opposition usually gives in,”…
Listen to article ISLAMABAD: The constitutional bench (CB) of the Supreme Court has questioned the status of military court proceedings against May 9 rioters if their cases are transferred to anti-terrorism courts (ATCs). A seven-member CB resumed hearing the government’s intra-court appeals against the SC’s earlier order annulling the trial of civilians in military courts. Representing civil society petitioners, lawyer Faisal Siddiqi argued that if the court accepted his stance, the Pakistan Army Act, 1952, would remain intact, but the trials of May 9 accused would be nullified. He explained that undecided cases would move to ATCs, while cases where sentences had…
Samsung’s extended reality ‘Project Moohan’ headset on display at the Mobile World Congress 2025 in Barcelona.Arjun Kharpal | CNBCSamsung will launch its extended reality headset this year, a spokesperson for the company told CNBC on Tuesday.The device, dubbed Project Moohan, is Samsung’s answer to Apple’s $3,500 Vision Pro, which was launched last year.Samsung teased the headset last year and put it on display at this year’s Mobile World Congress in Barcelona.Samsung refers to the product as “extended reality” or XR device which aims to merge the digital and physical world. However, there are currently few details about the device. Four…
Veteran batsman Virat Kohli rolled back the years with a polished 84 as India pulled off a tense chase to beat Australia by four wickets in the first semi-final of the Champions Trophy on Tuesday. Set 265 for victory, India lost the 36-year-old Kohli in the closing overs, but KL Rahul’s unbeaten 42 steered the team home with 11 balls to spare at the Dubai International Stadium. They will face South Africa or New Zealand in the final on Sunday in Dubai, with India playing all their matches at the venue after they refused to tour hosts Pakistan for the…
Paige Bueckers, #5 of the UConn Huskies, shoots the ball in the second half during the NCAA Women’s Basketball Tournament Final Four semifinal game against the Iowa Hawkeyes at Rocket Mortgage FieldHouse in Cleveland, Ohio, on April 5, 2024.Steph Chambers | Getty ImagesUniversity of Connecticut star Paige Bueckers, on the cusp of becoming a WNBA No. 1 pick, is taking her talents to the realm of financial literacy.The star Huskies guard has teamed up with Intuit to offer free educational financial literacy programs to athletes and students at universities nationwide.”I know how important financial literacy is, and learning how to…
Listen to article ISLAMABAD: Pakistan’s trade deficit widened over 33% to $2.3 billion in February 2025 as exports plunged while imports grew in double digits, indicating vulnerabilities of the external sector and limitations on the prospects of faster economic growth. The trade summary released by Pakistan Bureau of Statistics (PBS) on Monday once again underscored that it would take years and a different approach to address the root causes for low exports and lessen dependence on imported raw material for manufacturing finished goods. The national data collecting agency reported that the gap between imports and exports widened 33.4% in February compared to…
New 25 percent tariffs on Mexico and Canada imports take effect along with a doubling of duties on Chinese goods to 20 percent.United States President Donald Trump’s new 25 percent tariffs on imports from Mexico and Canada have taken effect, along with a doubling of duties on Chinese goods to 20 percent, launching new trade conflicts with the top three US trading partners. The tariff actions, which could upend nearly $2.2 trillion in two-way annual US trade, went live at 00:01 EST (05:01 GMT) on Tuesday, hours after Trump declared that all three countries had failed to do enough to…
Pakistan drop former captains Babar Azam and Mohammad Rizwan in T20 revamp, but latter holds on to ODI captaincy.Pakistan have dropped captain Mohammad Rizwan and Babar Azam for the T20 series against New Zealand and rewarded several domestic performers for the five-match series starting on March 16. Salman Ali Agha will lead the side with all-rounder Shadab Khan as the vice-captain. Salman also led Pakistan to a 2-1 win in the T20 series against Zimbabwe late last year. Rizwan was retained as skipper for the three one-day internationals (ODIs) against New Zealand starting March 29, and the squad also included…
Taiwan Semiconductor Manufacturing Co.’s $100 billion commitment to expand manufacturing in the U.S. is “great news,” Qualcomm CEO Cristiano Amon told CNBC on Tuesday, adding it helps with diversification of chipmaking locations.Amon also addressed U.S President Donald Trump’s tariff policy, suggesting longer term technology trends would outweigh any short term uncertainty.Trump announced on Monday that TSMC would invest $100 billion in the U.S. which would go toward building more chip fabrication plants in Arizona. TSMC is the world’s largest semiconductor manufacturer and supplies chips to the likes of Qualcomm, Apple and Nvidia.The U.S., under leadership of both Trump and former…