Author: i2wtc
Listen to article ISLAMABAD: The Privatisation Commission board on Tuesday declared four local parties, including three associated with cement business, eligible for bidding for the acquisition of Pakistan International Airlines (PIA), inching a step closer to the sale of the loss-making entity. In a related development, the Cabinet Committee on Privatisation (CCOP) approved the transaction structure for the disposal of Roosevelt Hotel, New York, which is owned by PIA. The committee picked the option of running the hotel as a joint venture, which had been suggested by the financial adviser a year ago but was ignored by the government. Deputy Prime Minister…
Police officers work with crew members to secure a mooring vessel at Sanjiangkou Wharf in Taizhou, east China’s Zhejiang Province, July 7, 2025. China’s Ministry of Water Resources on Monday activated a Level-IV emergency response to flooding in the eastern provinces of Zhejiang and Fujian as Typhoon Danas approaches. (Photo by Yu Yuexiang/Xinhua)HANGZHOU, July 9 (Xinhua) — Typhoon Danas, the fourth typhoon of the year, made its third landfall in the coastal area of Rui’an City in east China’s Zhejiang Province late on Tuesday, local authorities have confirmed.According to the provincial meteorological observatory, the center of the tropical storm made…
CEO of Supermicro Charles Liang speaks during the Reuters NEXT conference in New York City, U.S., December 10, 2024. Mike Segar | ReutersPARIS — Super Micro plans to increase its investment in Europe, including ramping up manufacturing of its AI servers in the region, CEO Charles Liang told CNBC in an interview that aired on Wednesday.The company sells servers which are packed with Nvidia chips and are key for training and implementing huge AI models. It has manufacturing facilities in the Netherlands, but could expand to other places. “But because the demand in Europe is growing very fast, so I already…
An aerial drone photo taken on July 5, 2025 shows tourists visiting the national forest park in Arxan of Hinggan League, north China’s Inner Mongolia Autonomous Region. (Xinhua/Bei He)HOHHOT, July 9 (Xinhua) — China has made significant progress in reversing grassland degradation over the past five years, with degraded grasslands shrinking by an average of 50 million mu (approximately 3.33 million hectares) annually, officials announced Tuesday at a national conservation conference in north China’s Inner Mongolia Autonomous Region.The country has maintained stable grassland vegetation coverage exceeding 50 percent while significantly reducing degraded areas. Strict legal enforcement has addressed nearly 30,000…
The Khyber-Pakhtunkhwa government has removed the Director General of Rescue K-P and the Director General of the Upper Swat Development Authority following the recent drowning of tourists in the Swat River, said officials on Tuesday. The provincial inspection team submitted a report blaming the Swat Development Authority for administrative delays, reported Express News. The report also raised concerns over the DG Rescue’s lack of technical expertise in handling such emergencies. The incident, in which several tourists drowned due to a delayed rescue operation, had already led the provincial government to suspend six officers earlier. Read: Sudden water surge caused Swat…
An anti-terrorism court (ATC) in Quetta has granted police 10-day physical remand of Dr Mahrang Baloch, the head of the Baloch Yakjehti Committee (BYC), and five other members of the group. The ATC’s decision comes as an extension of their ongoing detention, which has already lasted over three months. During Tuesday’s hearing, six BYC members, including Dr Mahrang, were presented before Judge Saadat Bazai. The court approved the prosecutor’s request to extend their remand, giving investigators more time for questioning. The other detained activists include Gulzadi, Bebow Baloch, Sibghatullah Shahji, Ghaffar Baloch and Beberg Baloch. The detainees were represented in court by…
A U.S. Justice Department logo or seal showing Justice Department headquarters, known as “Main Justice,” is seen behind the podium in the Department’s headquarters briefing room before a news conference with the Attorney General in Washington, January 24, 2023.Kevin Lamarque | ReutersFederal prosecutors have charged two men in connection with a sprawling cryptocurrency investment scheme that defrauded victims out of more than $650 million.The indictment, unsealed in the District of Puerto Rico, accuses Michael Shannon Sims, 48, of Georgia and Florida, and Juan Carlos Reynoso, 57, of New Jersey and Florida, of operating and promoting OmegaPro, an international crypto multi-level…
This aerial drone photo taken on July 6, 2025 shows vessels mooring at a port to shelter from an approaching typhoon in Fuzhou, southeast China’s Fujian Province. China’s Ministry of Water Resources on Monday activated a Level-IV emergency response to flooding in the eastern provinces of Zhejiang and Fujian as Typhoon Danas approaches. (Photo by Wang Wangwang/Xinhua)Police officers are pictured on duty on a waterlogged road in Huangyan District of Taizhou, east China’s Zhejiang Province, July 8, 2025. China’s Ministry of Water Resources on Monday activated a Level-IV emergency response to flooding in the eastern provinces of Zhejiang and Fujian…
Listen to article Former prime minister Imran Khan and his wife, Bushra Bibi, have filed an application with the Islamabad High Court (IHC) requesting an expedited hearing for their pleas to suspend their convictions in the £190 million case. Earlier this year, Imran Khan and Bushra Bibi were convicted in the £190 million case. Imran Khan was sentenced to 14 years in prison, while Bushra Bibi received a seven-year jail term. Accountability Court Judge Nasir Javed Rana announced the order in a courtroom inside Rawalpindi’s Adiala Jail. In addition to the prison sentences, the court imposed fines of Rs1 million on Imran…
People visit an exhibition themed “For National Liberation and World Peace” at the Museum of the War of Chinese People’s Resistance Against Japanese Aggression in Beijing, capital of China, July 8, 2025. (Xinhua/Ju Huanzong)BEIJING, July 8 (Xinhua) — The exhibition commemorating the 80th anniversary of the victory in the Chinese People’s War of Resistance Against Japanese Aggression and the World Anti-Fascist War opened to public here on Tuesday.The exhibition features 1,525 photos and 3,237 artifacts across an area of 12,200 square meters.People visit an exhibition themed “For National Liberation and World Peace” at the Museum of the War of Chinese…