Author: i2wtc

LAHORE: The national selection committee has named an 18-member squad for the two-Test match series, part of the ICC World Test Championship 2025-27 against South Africa, commencing on 12 October. The squad will be further trimmed before the start of the first Test. Shan Masood will continue to lead the side, while three uncapped players – Asif Afridi, Faisal Akram and Rohail Nazir have also been included. South Africa, champions of the ICC World Test Championship 2023-25, will take on Pakistan in the first Test at the Gaddafi Stadium in Lahore from 12 to 16 October, while the second Test…

The beaming of solar power from space back down to earth using lasers sounds like science fiction, and was even floated in an Isaac Asimov short story back in the 1940s.But that is exactly what a California-based startup is testing: Mini solar farms in the form of low-orbit satellites.California-based startup Aetherflux plans to send its satellite technology into orbit on a SpaceX rocket next year. Robinhood co-founder Baiju Bhatt is the company’s CEO.”We’re going to do a constellation of satellites where each one transmits power with infrared lasers,” said Bhatt. “And the benefits of this are, number one, you get…

A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty ImagesWHITE PLAINS, N.Y. — Spirit Airlines is making “massive progress” to revitalize the airline, the carrier’s restructuring lawyer Marshall Huebner said in a court hearing Tuesday.The struggling budget airline has reached an agreement with some of its debtholders for up to $475 million in debtor-in-possession financing, a lifeline that bankrupt companies can use to continue operating, as well as $150 million from a major aircraft lessor, Huebner said. The agreements…

When the president of the United States stands on a podium and proclaims that Tylenol—locally known as Panadol—causes autism in children, parents listen. His statements unleashed a wave of fear, anxiety and anguish at least in Karachi, where we report from. An autism expert at Aga Khan University was “flooded” with calls and emails from anxious mothers over the weekend after Trump’s briefing. “Many mothers feel guilty, thinking their child’s autism might be linked to medications taken during pregnancy,” said Associate Professor Dr Sidra Kaleem, one of Pakistan’s few developmental paediatricians, and the director of the Child Development and Rehabilitation…

A glimpse into the Harvard University campus on May 24, 2025 in Cambridge, Massachusetts.Vcg | Visual China Group | Getty ImagesPresident Donald Trump said on Tuesday that his administration had reached a deal with Harvard University after months of negotiations and that the Ivy League school will pay $500 million.”Linda is finishing up the final details,” Trump told reporters at an event in the Oval Office, referring to Education Secretary Linda McMahon. “And they’ll be paying about $500 million and they’ll be operating trade schools. They’re going to be teaching people how to do AI and lots of other things,…

Pakistan Peoples Party staged a dramatic walkout in the National Assembly on Tuesday, expressing disappointment and anger over recent remarks by Punjab Chief Minister Maryam Nawaz, who had said, “Our water, our canals, our choice”. PPP MNA Syed Naveed Qamar sharply criticized Maryam’s recent speeches, particularly her comments about water rights. He questioned the statement, saying, “What does that even mean? The water belongs to the River Indus – it belongs to all of Pakistan. Such speeches are disappointing”. In protest, PPP members exited the House. “We are being taunted for supporting this government, but we’ve paid no fee to remain on…

A model of the Firefly Aerospace Blue Ghost lander during the company’s initial public offering at the Nasdaq MarketSite in New York, on Aug. 7, 2025.Michael Nagle | Bloomberg | Getty ImagesFirefly Aerospace shares sank nearly 21% after its rocket exploded during a test flight on Monday.The explosion occurred during a first-stage test flight of the satellite-launching Alpha Flight 7 rocket at its facility in Briggs, Texas, Firefly wrote in an update.”Proper safety protocols were followed, and all personnel are safe,” Firefly wrote. “The company is assessing the impact to its stage test stand, and no other facilities were impacted.”The…

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.Despite its name, Schneider Electric does not generate electricity. It is an energy management company, mixing electrification and digitization together so customers know exactly where their energy is consumed and can optimize their energy usage in real time. It’s the largest energy management provider for data centers, which represent about…

The Walt Disney Co. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, May 7, 2025. Michael Nagle | Bloomberg | Getty ImagesThe Walt Disney Company sent a cease and desist letter to Character.AI last week, warning the artificial intelligence startup to stop using copyrighted characters without authorization, a Disney spokesperson confirmed to CNBC on Tuesday.A spokesperson for Character.AI said it removed the characters mentioned in the letter, and that “it’s always up to rightsholders to decide how people may interact with their IP.” The spokesperson acknowledged that while some characters on its…

The Pakistan Stock Exchange delivered a stellar performance, buoyed by positive sentiment surrounding the ongoing International Monetary Fund review and strong buying interest in banking stocks. Investors appeared upbeat amid optimism that the country would successfully pass the IMF’s first quarterly review under the new loan program, paving the way for further disbursements and fiscal support. By the end of the trading session, the benchmark KSE-100 index surged by 1,645.90 points, or 1.00%, to close at 165,493.58. Intra-day, the index touched a high of 166,556.29 and a low of 164,208.33, reflecting strong upward momentum. Trading volumes remained robust, with 629.99…