Author: i2wtc
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Wednesday. Treasury Secretary Scott Bessent told CNBC this morning that President Donald Trump’s 15% global tariff would be implemented this week. He also said the U.S. would make “a series of announcements” to support oil trade in the Gulf.Stock futures are rising this morning. All three major averages closed lower yesterday.Here are five key things investors need to know to start the trading day:1. Pick-me-upA television station broadcasts US President Trump on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday,…
All marketing companies must report the LPG stock in their storage and filling plants in metric tons by 9:00am daily LAHORE: In light of the situation arising after the Iran-United States conflict, the Oil and Gas Regulatory Authority (OGRA) on Wednesday directed all Liquefied Petroleum Gas (LPG) marketing companies to submit daily details of their LPG stock. OGRA has warned that strict action will be taken against any sale or hoarding of LPG above the prescribed ceiling price. According to the details, to maintain the LPG supply chain in the country and protect consumers from exploitation by the LPG mafia,…
Apple MacBook NeoSource: Apple Inc. For years, the cheapest way into the Mac lineup was a $999 laptop. On Wednesday, Apple cut that price nearly in half.The company unveiled the MacBook Neo, a colorful, lightweight laptop powered by an iPhone-grade chip that is the company’s most affordable laptop ever.The launch caps a three-day hardware blitz that has already seen refreshes to the iPhone 17e, iPad Air, and the entire MacBook Pro line. Starting at $599, the MacBook Neo is Apple’s first dedicated budget Mac in more than a decade, and its clearest attempt yet to challenge Google Chromebooks and entry-level…
Disney’s cruise line is going big in Asia.This month, the company’s eighth and largest ship, the Disney Adventure, will embark on its maiden voyage, carrying passengers on three- and four-night journeys at sea from its berth in Singapore.The vessel accommodates a whopping 6,700 passengers, around two-thirds more capacity than Disney’s Wish class ships, which include the Disney Wish, the Disney Treasure and the Disney Destiny. The Adventure can also carry around 2,500 crew members, about 1,000 more than on the Wish class ships.”It takes a village to be able to support the type of service that we’re known for,” Joe…
ISLAMABAD: The 16th National Assembly posted its highest legislative output in recent parliamentary history during its second year, even as political polarisation, declining attendance and institutional vulnerabilities continued to shadow its performance, according to PILDAT’s annual performance assessment. Covering the period from March 1, 2025 to February 28, 2026, the report notes that the assembly entered its second parliamentary year “amid sustained political polarisation and institutional strain”, yet demonstrated “heightened legislative activity alongside continuing structural and procedural challenges”. The assembly met for 84 working days during the year, down from 93 sittings in its first year, a decline of approximately…
Rep. Al Green shouts as President Donald Trump addresses a joint session of Congress at the U.S. Capitol in Washington, D.C., on March 4, 2025.Win Mcnamee | Via ReutersSince the U.S. attack on Iran, congressional Democrats and opponents of President Donald Trump called the operation unconstitutional and vowed to rein-in the president. But another impeachment — which the president says he fears if Democrats retake the U.S. House — hasn’t seriously entered the conversation.That may change post-midterms if the party wins the House and Republicans lose their grip on both chambers of Congress plus the White House. Trump knows he…
US President Donald Trump boards Air Force One before departing Palm Beach International Airport in West Palm Beach, Florida, on March 1, 2026, on his way back to Washington, DC. Mandel Ngan | Afp | Getty ImagesPresident Donald Trump has thrown his support behind crypto firms in their high-stakes battle with U.S. banks over whether they can offer interest-like returns on stablecoins. Trump, in a social media post late Tuesday, ratcheted up pressure on banks to relent on the stablecoin yield issue.That’s the key point of contention holding up passage in Congress of the Clarity Act, which is a companion…
Dario Amodei, co-founder and chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India, on Thursday, Feb. 19, 2026. Prakash Singh | Bloomberg | Getty ImagesFollowing the Trump administration’s decision on Friday to blacklist Anthropic and designate its technology a supply chain risk, defense tech companies are telling employees to stop using Claude, and to switch to other artificial intelligence models and assistants. “Most of our companies are actively involved in large defense contracts and so are very strict in their interpretation of the requirements,” said Alexander Harstrick, managing partner at J2 Ventures, which backs startups…
ISLAMABAD: Amid tensions in the Gulf region, the government has planned to import oil through the Red Sea from Saudi Arabia and the United Arab Emirates (UAE) due to the closure of the Strait of Hormuz, while also shifting to a weekly oil price review mechanism. Sources told The Express Tribune that the government is currently working on various measures to ensure uninterrupted oil supply amid the IranUSIsrael war. Pakistan imports around one million barrels of oil on a monthly basis, with Saudi Arabia being a key oil exporter to the country. The UAE also exports oil to Pakistan. Sources…
People look at Xiaomi’s humanoid robot ‘CyberOne’ during 2023 World Robot Conference at Beijing Etrong International Exhibition & Convention Center on August 18, 2023 in Beijing, China.Vcg | Visual China Group | Getty ImagesXiaomi trialed its humanoid robots in its electric vehicle production plants, the company’s president told CNBC, as it looks to boost productivity in its factories.Two humanoid robots can complete 90% of the work in three hours, Lu Weibing told CNBC in an interview at the Mobile World Congress trade show in Barcelona, Spain. They can complete tasks like installing nuts and moving materials, he said.”To integrate robots…