Author: i2wtc
A drone photo taken on Sept. 16, 2025 shows a view of the Qinzhou Port in Qinzhou City, south China’s Guangxi Zhuang Autonomous Region. (Xinhua/Zhang Ailin)NANNING, Nov. 5 (Xinhua) — A freight train carrying 80 containers of goods, including Australian kraft paper and Singaporean puff pastry shortening, departed from Qinzhou Port East Station in south China’s Guangxi Zhuang Autonomous Region on Wednesday, bound for Chongqing Municipality in southwest China.The shipment marks a significant milestone, with the cumulative freight volume of the New International Land-Sea Trade Corridor rail service reaching 1.214 million twenty-foot equivalent units (TEUs) so far this year, a…
Smog in Lahore. Photo File: REUTERS LAHORE: The district authorities in Lahore have decided to revise the business hours of all markets in compliance with a Lahore High Court (LHC) order and a Punjab Assembly resolution, seeking remedy for the rising problem of smog. Lahore Deputy Commissioner (DC) Syed Musa Raza on Tuesday evening directed all assistant commissioners to ensure implementation of a 2023 notification regarding business timings. As part of anti-smog measures, markets will close at 10 pm and restaurants and cafés at 11 pm from Monday to Saturday. On Sundays, markets will remain open from 2 pm to…
Brad Garlinghouse, CEO of Ripple, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 4, 2022. Mike Blake | ReutersDigital assets and infrastructure company Ripple said Wednesday it has raised $500 million in funding, lifting its valuation to $40 billion.The fundraise comes after a slew of acquisitions and as the company expands its product base beyond just payments.Crypto and digital asset companies are trying to take advantage of what is seen by the industry as a more favorable environment in the U.S. after the election of President Donald Trump and the passing of a landmark stablecoin…
U.S. Supreme Court Police stand behind security barriers in front of the Court building, which is obscured in construction scaffolding, on the first day of the Court’s new term on October 06, 2025 in Washington, DC. Chip Somodevilla | Getty ImagesThe Supreme Court on Wednesday morning will hear oral arguments to decide the fate of the cornerstone of President Donald Trump’s aggressive trade policy: Broad and sometimes high tariffs against most of the world’s nations.Lower federal courts have ruled that Trump lacked the legal authority he cited under the International Emergency Economic Powers Act to impose the so-called reciprocal tariffs…
Industrial outdoor storage in Elgin, Illinois.Courtesy of Alterra IOSA 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.The rapid buildout of AI and quantum infrastructure is sparking a boom in an often overlooked commercial real estate sector. Industrial outdoor storage (IOS) is suddenly seeing significant demand and rent growth amid lean supply. IOS comprises all types of either paved…
Visitors walk past a themed-decoration of the eighth China International Import Expo (CIIE) in east China’s Shanghai, Nov. 5, 2025. Featuring the largest exhibition area in its history and a record high number of exhibitors, the eighth China International Import Expo (CIIE), with the theme of “New Era, Shared Future,” has attracted 4,108 overseas exhibitors from 155 countries, regions and international organizations — with the total exhibition area exceeding 430,000 square meters. (Xinhua/Ren Pengfei)A staff member conducts a live streaming at the Medical Equipment & Healthcare Products exhibition area of the eighth China International Import Expo in east China’s Shanghai,…
LNG cargoes. Photo: file KARACHI: Pakistan has struck a deal to cancel 21 liquefied natural gas cargoes under its long-term contract with Italy’s Eni as part of a plan to curb excess imports that have flooded its gas network, according to an official document and two sources. The document from state-owned Pakistan LNG Ltd (PLL) to the country’s Ministry of Energy dated October 22 said 11 cargoes planned for 2026 and 10 for 2027 would be cancelled at the request of gas distributor SNGPL. Only the planned January shipment in both years, and the December shipment in 2027, would be…
Govt includes three more plants in sell-off list, plans to maintain uniform tariffThe World Bank has recommended at least nine prior actions, one of which is that the shares of distribution companies should be transferred in the name of the president. Photo: file ISLAMABAD: The government has decided to include three more power plants, including two liquefied natural gas (LNG)-fired units, in its privatisation programme and it also plans to continue the uniform electricity price even after the privatisation of three profitable distribution companies. The government would again include the Jamshoro Power Plant and two LNG-fired plants in the list…
Amazon CEO Andy Jassy speaks during the GeekWire Summit in Seattle on Oct. 5, 2021.David Ryder | Bloomberg | Getty ImagesAmazon CEO Andy Jassy sat on a stage in a Seattle conference center in September, looking out at an audience of thousands of sellers who’d traveled from around the world to the company’s hometown.He used the moment to lay out a vision for how he wants Amazon to operate like the “world’s largest startup,” getting rid of bureaucracy in order to move faster and stay competitive.”We’re working hard to try to flatten our organization and have fewer layers because in…
Shironosov | Istock | Getty ImagesA version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox.Investments in alternatives are expected to top $32 trillion by 2030, boosted in large part by growth from wealthy investors, according to a report from Preqin.Total assets under management in alternatives – including private equity, hedge funds, real estate, venture capital, infrastructure, natural resources and private credit – are forecast to increase by 60% over the…