Author: i2wtc

ISLAMABAD: Qatar has agreed to divert 24 liquefied natural gas (LNG) cargoes in 2026 under a net proceeds differential formula as consumer demand falls sharply in Pakistan. Under the agreed mechanism, Pakistan will bear the loss if Qatar sells LNG cargoes in the open market below contract price, revealed a report submitted to the Economic Coordination Committee (ECC). This differential will be passed on to LNG consumers. In this regard, the federal government will issue policy guidelines to the Oil and Gas Regulatory Authority (Ogra). Sources told The Express Tribune that Pakistan State Oil (PSO) informed the government that Qatar…

The Oura Ring 4.Courtesy: OuraThe chief executive of Finland’s Oura told CNBC on Tuesday that he expects the wearable tech company to generate close to $2 billion in sales next year.The smart ring maker has upped its forecast as it invests in artificial intelligence and international expansion, hot on the heels of a $900 million funding round in October. Oura is on track to secure $1 billion in sales in 2025, doubling its 2024 revenue, CEO Tom Hale told CNBC’s Arjun Kharpal from Web Summit in Lisbon, Portugal.  Next year is “certainly going to be a lot more,” Hale said in an…

Duolingo, Doordash and Roblox appsTiffany Heard-Grear | Bloomberg | Getty ImagesAcross the tech sector this earnings season, companies told Wall Street to get ready for ramped up spending as the artificial intelligence boom accelerates.But while investors largely rewarded the megacaps for their boosted capital expenditure forecasts, or just shrugged off their guidance, companies outside the trillion-dollar club are getting punished. DoorDash, Duolingo and Roblox all saw their stock prices suffer double-digit slumps last week after the companies said spending is on the incline, raising concerns about future profitability. Unlike the tech giants, which are promising hefty buildouts to meet soaring…

A woman promotes products via live-streaming in Xiayi County of Shangqiu City, central China’s Henan Province, Nov. 11, 2025. E-commerce and logistics companies across China are working at full capacity during the annual “Double Eleven” shopping festival. (Photo by Miao Yucai/Xinhua)A deliveryman carries a package at a branch of courier service provider SF Express in Wuzhi County, central China’s Henan Province, Nov. 11, 2025. E-commerce and logistics companies across China are working at full capacity during the annual “Double Eleven” shopping festival. (Photo by Wang Linfeng/Xinhua)Staff members load boxed apples for sale at an industrial park in Jingning County of…

RAWALPINDI: Pakistani security forces say they have thwarted an armed assault on a military school in South Waziristan, killing at least two attackers. The military said militants attempted to storm Cadet College Wana on Sunday, using a vehicle bomb to breach the main gate. Three attackers remained inside the college’s administrative building as of Monday afternoon, according to a statement from the military’s media wing. Pakistan’s military blamed the Tehreek-e-Taliban Pakistan (TTP) for the attack, describing the group as an “Indian proxy” – a claim India has previously denied. The incident evoked comparisons to the 2014 attack on Army Public…

‘I voted because of the field marshal, and I came today to vote because of General Asim Munir’ ISLAMABAD: PTI Senator Saifullah Abro on Monday announced his resignation after voting in favour of the 27th Constitutional Amendment, in violation of his party’s policy. Enumerating his reasons for casting a vote in favour of the amendment which also seeks immunity for Field Marshal Syed Asim Munir, Abro, while speaking on the Senate floor, said India faced global humiliation because of the Pakistan Army’s role in the India-Pakistan confrontation in May this year. “No one has ever shown the kind of respect…

Government enforces temporary restrictions to maintain security after Section 144 extension QUETTA: The Balochistan government has imposed several new restrictions to maintain public safety and security in view of the deteriorating law and order situation in the province. The provincial home department on Monday announced a ban on pillion riding on motorcycles, covering faces at public places, the use of tinted glasses, and the operation of unregistered motorcycles across the province. Officials stated that these measures have been taken with the approval of the provincial government, aiming to curb criminal activities and ensure peace in urban and rural areas. The…

Describes himself as ‘helpless people’, jokes about sending ‘difficult cases’ to Constitutional CourtPolice officers walk past the Supreme Court of Pakistan building, in Islamabad, Pakistan April 6, 2022. REUTERS ISLAMABAD: Supreme Court senior puisne judge Syed Mansoor Ali Shah on Monday also quipped with regard to the proposed Federal Constitutional Court, noting that if they were faced with a difficult question, they would refer it to the Federal Constitutional Court. Justice Shah was hearing a case related to the promotion of Dr Azam Ali, an officer associated with the Punjab Livestock Department. The case was heard by a two-member bench…

Flag of China and LGBT rainbow flagAlxeypnferov | Istock | Getty ImagesApple has confirmed that it has removed two popular gay dating apps from its Chinese iOS Store, following an order from Beijing’s main internet regulator and censorship authority.It comes following reports of the apps — Blued and Finka — suddenly disappearing from the iOS App Store over the weekend. In a statement shared with CNBC, Apple confirmed that it was behind the action and defended the company’s position, stating that it must follow the laws of the countries where it operates.”Based on an order from the Cyberspace Administration of China,…

U.S. President Donald Trump looks on during the swearing-in ceremony of U.S. Ambassador to India Sergio Gor in the Oval Office of the White House on Nov. 10, 2025 in Washington, DC.Anna Moneymaker | Getty ImagesThe U.S. and Switzerland are getting close to signing a trade deal to lower tariffs of 39% that President Donald Trump slapped on the country in August.The president confirmed on Monday that White House officials were “working on a deal to get the tariffs a little lower.””I haven’t set any number, but we’re going to be working on something to help Switzerland,” he told reporters…