Author: i2wtc

Christian Horner was sacked on Wednesday by Red Bull after 20 years as team principal of the Formula One outfit. The 51-year-old has been in charge since the team was formed in 2005 and has led them to eight drivers’ titles and six constructors’ crowns. Dutchman Max Verstappen has won the past four drivers’ titles for Red Bull, matching the achievement of Sebastian Vettel, who dominated for the team from 2010 to 2013. Horner’s dismissal as CEO and team principal comes 17 months after he was accused by a female colleague of “inappropriate behaviour”. The Englishman was twice cleared over…

This file photo taken on Jan. 20, 2025 shows Elon Musk delivering a speech at Capital One arena in Washington, D.C., the United States. (Xinhua/Wu Xiaoling)The primary focus of the U.S. political sphere regarding Musk’s formation of a third party is on how it will disrupt the Trump administration’s governance and impact next year’s midterm elections, with little mention of the potential contributions it might make to improving the welfare of ordinary Americans.BEIJING, July 9 (Xinhua) — U.S. President Donald Trump on Sunday called billionaire Elon Musk’s plans to form a new political party “ridiculous,” one day after Musk announced…

ISLAMABAD: After a break of almost seven months, Chief Justice of Pakistan (CJP) Yahya Afridi has summoned a meeting of the Supreme Judicial Council (SJC) on July 12. The SJC is a constitutional body empowered to proceed against judges of the superior courts on charges of misconduct. Currently, CJP Afridi serves as its chairman. Other members include Justice Syed Mansoor Ali Shah, Justice Munib Akhtar, Lahore High Court Chief Justice Alia Neelum and Sindh High Court Chief Justice Junaid Ghaffar. The council is presently examining various complaints of misconduct against superior court judges. During its previous meeting in December last…

The European Union (EU) is stuck in limbo as uncertainty persists around when a trade agreement with the U.S. might be reached.The goal had been to agree on a framework by July 9, when a temporary reprieve from U.S. President Donald Trump’s “reciprocal” tariffs was initially meant to expire. The EU was seemingly still working to this timeline earlier in the week.But that deadline has now passed — without the trading partners coming to an agreement.A framework may however still be established as soon as this week, Trump himself suggested Tuesday.”We’re probably two days off from sending them a letter.…

The Hers website arranged on a laptop in New York, US, on Wednesday, Feb. 12, 2025. Gabby Jones | Bloomberg | Getty ImagesHims & Hers Health announced Wednesday it will offer generic semaglutide in Canada as Novo Nordisk’s patent on its branded drugs Ozempic and Wegovy is set to expire in January.”Canada is a major opportunity to show what affordable, high-quality weight loss care can look like,” said Andrew Dudum, co-founder and CEO of Hims & Hers, in a press release. “As generic semaglutide becomes available for the first time globally, we’re focused on making it truly accessible, by combining…

Listen to article PESHAWAR: The Peshawar High Court (PHC) on Tuesday annulled the distribution of reserved seats in the Khyber-Pakhtunkhwa (K-P) Assembly and ordered the Election Commission of Pakistan (ECP) to redistribute the seats after hearing the parties. A two-member bench, comprising Justice Syed Arshad Ali and Justice Dr Khurshid Iqbal, announced the reserved judgment on the petition of the PML-N against the distribution of reserved seats. In its two-page judgment, the court declared null and void both the announcements of the ECP regarding the allocation of reserved seats for women and minorities. It said the ECP should reallocate these seats after…

Investors may want to consider bracing for a weaker stock market performance over the next six months.According to Vanguard’s Roger Hallam, it’s prudent for long-term investors to have sufficient exposure to fixed income in this environment.”Our outlook for the second half of this year is that growth will slow,” the firm’s global head of rates told CNBC’s “ETF Edge” on Monday.Hallam predicts the labor market will continue to gradually cool while inflation rises. Hallam expects the Federal Reserve will ultimately prioritize jobs and cut interest rates toward the end of this year to provide insurance.”We think that will provide a…

This photo taken on June 5, 2025 shows Huaweike’s flexible e-skin product. (Wuhan Huaweike Intelligent Technology Co., Ltd./Handout via Xinhua)by Xinhua writers Yi Ling and Hou WenkunWUHAN, July 9 (Xinhua) — Imagine a robotic hand delicately lifting a cube of silken tofu without leaving a dent — a task most humans would struggle to master. This feat of precision, demonstrated at Wuhan Huaweike Intelligent Technology Co., Ltd. in central China’s Hubei Province, hinges on a revolutionary technology: e-skin.Covering just one square centimeter on the robotic fingertip are nearly 100 tiny “touch points,” or micro-sensing points, as Huaweike Chief Product Officer…

RAWALPINDI/LAHORE: The family of the PTI founder Imran Khan, including his sons Suleman Khan and Kasim Khan, will be part of the protest movement called by him, his sister Aleema Khan said on Tuesday. Aleema spoke to the media after her two sisters Uzma and Noreen Khan and party lawyers met the PTI founder in Adiala Jail. Aleema was, however, denied permission for the meeting. She told the reporters that Imran Khan would himself lead the protest movement from inside the jail. “Imran Khan has said that he will lead the protest movement. He is free while in jail but…

Jakub Porzycki | Nurphoto | Getty ImagesBank of New York Mellon will be the primary custodian for the Ripple’s U.S. dollar-pegged stablecoin reserves going forward, the two companies said Wednesday.The partnership should enhance regulatory compliance for Ripple, the issuer of ripple USD (RLUSD), and boost institutional credibility for the company as well as the fast growing stablecoin industry. BNY Mellon is the nation’s oldest bank and primarily serves institutions and corporations.It also adds to the growing number of traditional institutions and companies showing interest in stablecoins – a shift that has quickly become known as “stablecoin summer” – as the…