Author: i2wtc
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…
Armis CEO Yevgeny Dibrov and CTO Nadir Izrael.Courtesy: ArmisCybersecurity startup Armis has raised $435 million in a funding round that values the company at $6.1 billion.”The need for what Armis is doing and what we are building, in this cyber exposure management and security platform, is just increasing,” CEO and co-founder Yevgeny Dibrov told CNBC. There’s “very unique and huge demand right now, and we are continuing to grow.”Goldman Sachs Alternatives’ growth equity fund anchored the investment, with participation from CapitalG, a venture arm of Alphabet. The security firm brought on Evolution Equity Partners as a new investor.Armis helps businesses…
Deputy Opposition Leader in Punjab Assembly Muhammad Moeenuddin Riaz. Photo: SCREENGRAB LAHORE: Lawmakers of the opposition PTI in the Punjab Assembly filed a petition in the Lahore High Court (LHC) on Tuesday, challenging multiple provisions of the recently enacted Punjab Local Government Act (PLGA) 2025 as violative of the Constitution. The petition, filed by Opposition Leader Moeenuddin Riaz, Hafiz Farhat Abbas and Ali Imtiaz, argues that the legislation, passed last month amid fierce opposition protests, undermines the autonomy of local governments. The Punjab government has been named as the respondent in the case, which will be heard by Justice Sultan…
Narcotics such as hashish, heroin, and methamphetamine are all prolifically used among students ISLAMABAD: The capital’s high court has ordered the country’s electronic media regulator to run an awareness campaign against drugs during prime-time television broadcasts. Islamabad High Court (IHC) judge Inaam Ameen Minhas on Tuesday resumed hearing a petition seeking action against the sale and use of narcotics in Islamabad’s educational institutions. The petitioner Kashif Ali Malik also appeared in the court. During the proceedings, the court reviewed a report submitted by the Private Educational Institutions Regulatory Authority (PEIRA). According to the report, the regulator will take disciplinary action…
Chinese EV company Xpeng showed off its newest humanoid robot in Guangzhou on Nov. 5, 2025.CNBC | Evelyn ChengGuangzhou, CHINA — Chinese electric car company Xpeng plans to launch robotaxis next year after previously claiming it wouldn’t be a real business in the near future and took the wraps off of its latest humanoid robot model. Xpeng’s technology push mirrors one of its key rivals Tesla, as the Guangzhou, China-headquartered company looks to position itself as more than just an electric car firm. The automaker announced on Wednesday as part of its “AI Day” that it is launching three robotaxi…