Author: i2wtc
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…
President Donald Trump’s recently announced 15% global tariff will likely be implemented sometime this week, rising from its current rate of 10%, Treasury Secretary Scott Bessent said on Wednesday.Bessent also predicted that U.S. tariff rates would, by August, effectively return to where they stood before the Supreme Court recently struck down the often-steeper duties that Trump unilaterally imposed on most of the world’s countries last year.”It’s my strong belief that the tariff rates will be back to their old rate within five months,” Bessent said in an interview on CNBC’s “Squawk Box.”Trump last year, without authorization by Congress, implemented a…
Riders without helmets urged to buy and wear one on the spot to avoid fines and improve highway safety RAWALPINDI: The National Highways and Motorway Police launched a campaign titled “Challan Nahi, Helmet” to promote safer travel on national highways. Under the initiative, motorcyclists not wearing helmets are stopped and, before a fine is issued, are advised to buy and wear a helmet and commit to complying with the law in the future. Officials say the cost of a helmet is roughly equivalent to the amount of the fine. If the rider purchases and wears a helmet, no ticket is…
Elon Musk looks on as President Donald Trump speaks at the US-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, Nov. 19, 2025.Brendan Smialowski | Afp | Getty ImagesSince buying Twitter for around $44 billion in late 2022, Elon Musk has changed the name to X, merged the social media platform with artificial intelligence startup xAI and then combined that company with his defense contractor, SpaceX. Musk’s next big step may be to take SpaceX public in what would likely be a record IPO. But first, he has to revisit his past. On Wednesday,…
State Rep. James Talarico topped Congresswoman Jasmine Crockett in an expensive and fiercely contested Texas Senate Democratic primary that once again has the party dreaming of a big upset in November. Who Talarico will face depends on a May runoff between longtime Republican Sen. John Cornyn and MAGA favorite Ken Paxton — a race expected to get increasingly nasty over coming months and could hinge on whether or not President Donald Trump offers an endorsement. Texas, along with North Carolina and Arkansas, on Tuesday kicked off midterm elections with control of Congress at stake and against the backdrop of the…
In an aerial view, two-story single family homes line the streets on Jan. 14, 2026 in Thousand Oaks, California. Kevin Carter | Getty ImagesLegislation to ban institutional investors from buying single-family homes to rent is making its way through Congress, but many of them are already selling thousands of homes — and have been for two years. Research from housing data and analytics firm Parcl Labs shows that the largest investors are now net sellers of homes. In every major metropolitan housing market, investors make up a larger share of for-sale listings than they do of the total housing stock.…
FM offers to host US-Tehran talks; Tells Senate efforts afoot to aid stranded nationals; Says Iran wants KSA land ISLAMABAD: Pakistan on Tuesday stepped up diplomatic efforts to calm rising tensions in the Middle East, reminding Tehran of its longstanding defence understanding with Saudi Arabia, while simultaneously engaging in shuttle diplomacy aimed at preventing further escalation between the United States and Iran. Addressing a press conference and later speaking in the Senate, Deputy Prime Minister and Foreign Minister Ishaq Dar underscored that Islamabad was seeking de-escalation through active diplomatic engagement, backchannel contacts and regional outreach, even as situation in Gulf…
LONDON: Fast bowler Haris Rauf has been designated a marquee player as six Pakistan international cricketers made the top 50 “hero” list for this year’s men’s Hundred auction. Fourteen Pakistan men’s players in all are included in the long list of 247, despite reports their players would not be considered by the four Indian-owned franchises amid geopolitical tensions between the two neighbouring nuclear-armed countries. This year’s Hundred also clashes with a Pakistan Test series. Right-armer Haris, 32, joins South Africa pair of Aiden Markram and David Miller, New Zealand’s Daryl Mitchell and West Indies spinner Sunil Narine in the group…
Finance ministry opts for biannual reporting as Fund presses for quarterly updates IMF reforms. Design: Mohsin Alam ISLAMABAD: Pakistan has again refused to accept a technical assistance mission by the International Monetary Fund (IMF) for the effective implementation of 142 actions aimed at addressing glaring weaknesses in the country’s governance and anti-corruption frameworks. The IMF reiterated the offer during a review meeting of the $7 billion bailout package. The Finance ministry politely declined the IMF technical mission, according to sources privy to the discussions. It is not the first time that the IMF has sought to send a technical assistance…
The Xiaomi 17 Pro Max rear display flagship smartphone by Xiaomi displayed at Mobile World Congress in Barcelona, Spain, on March 3, 2026. Joan Cros | Nurphoto | Getty ImagesBARCELONA — Xiaomi plans to launch a new smartphone processor chip every year, the company’s President Lu Weibing told CNBC, underscoring the company’s ambition to expand into more sophisticated areas of technology.In a wide-ranging interview on Tuesday, Lu also said that Xiaomi is gearing up to launch its own AI assistant for overseas markets.Last year, Xiaomi launched the XRing O1, a system-on-chip (SoC) based on an advanced 3 nanometer manufacturing process.…