Author: i2wtc

Influencers call policy ‘futile’, claim social media posts create ‘fabricated’ wealth images The Federal Board of Revenue (FBR)’s move to track potential tax evaders through social media has ignited widespread criticism across business and social circles. The tax authority reportedly collected data of thousands of users and issued notices to those flagged for “unexplained wealth”, triggering outrage amongst traders, financial experts and online influencers who call the move invasive and misguided. FBR officials claim the measure is part of an established “lifestyle-based” assessment method, where visible assets and spending patterns are examined to gauge undeclared income. However, critics argue that…

After President Donald Trump’s recent meeting with Chinese leader Xi Jinping, there is hope for U.S. farmers that the soybean business may be on the way back.At the China International Import Expo last week, Illinois soybean farmer Scott Gaffner said he came to Shanghai to save his China business.”We want to make sure that our soybeans are getting exported to China because it’s a very important market to us,” Gaffner, who is a member of the U.S. Soybean Export Council, told CNBC.He said the Gaffner Family Farm typically sells 40% of its annual soybean exports to China, but as he…

New research forecasts massive AI data center investments in the next five years, with the problem of how to power the facilities playing right into the hands of an important Club portfolio stock. JPMorgan estimated the buildout of global data centers, AI infrastructure, and related power supplies could cost more than $5 trillion between 2026 and 2030. “The scale of demand for compute remains astronomical,” the analysts wrote in a Monday note to clients. They said that data center infrastructure installation during the period will grow at a “rapidly accelerating rate” as well. Scaling to such heights won’t come easily.…

PML-N Senator Irfan Siddiqui. PHOTO: FILE The family of PML-N Senator Irfan ul Haq Siddiqui has rejected claims circulating on social media that the veteran parliamentarian has been put on a ventilator, confirming instead that he is undergoing treatment in the intensive care unit (ICU) for breathing-related complications. Clarifying his condition on Monday, the family said that while Siddiqui’s respiratory issues required a shift to the ICU, doctors have not deemed ventilator support necessary. They added that his vital signs remain stable and medical staff are closely monitoring his progress. Rumours regarding the senator’s health began circulating earlier in the…

Michael Intrator, co-founder and chief executive officer of CoreWeave, center, appears at the Nasdaq MarketSite in New York on March 28, 2025. CoreWeave raised $1.5 billion in its initial public offering, a downsized deal that reflects how stock market volatility is hurting demand for even highly anticipated listings.Michael Nagle | Bloomberg | Getty ImagesCoreWeave, a provider of infrastructure for artificial intelligence companies, reported better-than-expected third-quarter revenue on Monday. Shares slipped as much as 7% in extended trading.Here’s how the company did in comparison with LSEG consensus:Earnings: Loss of 22 cents per shareRevenue: $1.36 billion vs. $1.29 billion expectedRevenue in the…

On the tenth day of the 39-day World Culture Festival 2025, vibrant performances and creative exchanges highlighted the power of storytelling through theatre, film, music and dance. The day opened with intensive theatre workshops led by Malaysian actress and director Bella Rahim, UK actor Jan Martin, and Pakistani theatre artist Raheel Siddiqui, attended by students from the Arts Council Theatre Academy and international participants. Sharing her experience, Bella Rahim spoke about the deeper philosophy of performance, saying, “Theatre is not limited to the stage; every movement and every emotion in life reflects a character.” Jan Martin focused on developing stage…

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 ImagesPresident Donald Trump on Monday said he approves of a pending deal in the Senate that would bring the record-breaking U.S. government shutdown to an end.”I would say so,” Trump said in the Oval Office, “based on everything I’m hearing” about the deal, which cleared a key procedural hurdle in the Senate on Sunday night.Any bill to fund the government and end the shutdown, which…

Starbucks workers and supporters practice picket outside a Starbucks location in New York, US, on Wednesday, Oct. 1, 2025. Michael Nagle | Bloomberg | Getty ImagesMore than 100 lawmakers urged Starbucks to resume bargaining talks with Workers United, the union representing the coffee giant’s baristas, in letters sent to CEO Brian Niccol on Monday.The two letters, from the Congressional Labor Caucus and a group of senators led by Sen. Bernie Sanders, I-Vt., come as the union threatens a strike in 25 cities starting Thursday. That coincides with Starbucks’ Red Cup Day, one of its biggest sales days of the holiday…

The Punjab Wildlife Department has arrested eight individuals involved in the illegal hunting of rare and protected species, including the Indian pangolin, houbara bustard, partridge, and wild boar. Six offenders were fined a total of Rs. 2.2 million, while First Information Reports (FIRs) were registered against two others for further legal proceedings. According to officials, the recovered houbara bustard has been transferred to the Rahim Yar Khan Wildlife Park for rehabilitation. A team led by Deputy Chief Wildlife Ranger Bahawalpur, Syed Ali Usman Bukhari, carried out an operation in the Cholistan Public Wildlife Reserve, where two individuals were caught red-handed…

A Waymo autonomous self-driving Jaguar electric vehicle sits parked at an EVgo charging station in Los Angeles, California, on May 15, 2024.Patrick T. Fallon | AFP | Getty ImagesWaymo has tapped Google executive Steve Fieler as its new chief financial officer, the self-driving company announced on Monday.The new CFO comes as the Alphabet-owned company has been bringing its robotaxi service to more markets in the past year, with plans for further expansion in 2026. Fieler’s appointment also comes as Waymo looks toward its next phase, which could include seeking additional outside investment.”Steve’s extensive experience will be instrumental in guiding us…