Author: i2wtc
Pfizer CEO Albert Bourla speaks during a press conference after a visit to oversee the production of the Pfizer-BioNtech Covid-19 vaccine at the Pfizer factory in Puurs, Belgium, April 23, 2021.John Thys | ReutersPfizer on Thursday reported third-quarter earnings and revenue that topped estimates and hiked its full-year profit guidance, as cost cuts helped to outweigh declining sales for the period.The pharmaceutical giant now expects its full-year adjusted profit to come in between $3 and $3.15 per share, up from a previous guidance of $2.90 to $3.10 per share. Pfizer said that reflects its “solid” performance for the year, “continued…
FinMin says commission will assess possibility of taking back education, population ministries from provincesFinance Minister Aurangzeb on discussion on ending protection of provincial shares. Screengrab via @RadioPakistan on X ISLAMABAD: Finance Minister Muhammad Aurangzeb said on Monday that the government would only discuss proposals of ending a minimum constitutionally guaranteed 57.5% provincial share in taxes and taking back education and population welfare ministries in the federal fold in the upcoming National Finance Commission meeting. Aurangzeb comments came hours after the Pakistan Peoples Party Chairman Bilawal Bhutto lifted the curtain on the 27th constitutional amendment. “This discussion belongs to NFC where…
Dick Cheney, a driving force behind the U.S. invasion of Iraq in 2003 who was considered by presidential historians as one of the most powerful vice presidents in U.S. history has died at age 84, his family said in a statement on Tuesday.Cheney died Monday night from complications of pneumonia and cardiac and vascular disease, his family said.The Republican – a former Wyoming congressman and secretary of defense – was already a major Washington player when then-Texas governor George W. Bush chose him to be his running mate in the 2000 presidential race that Bush went on to win.As vice…
A Pizza Hut store is seen on November 01, 2023 in Austin, Texas. Pizza Hut’s third-quarter revenue fell short of analysts’ expectations for same-store sales. Brandon Bell | Getty ImagesYum Brands on Tuesday announced that it will explore strategic options for Pizza Hut.”The Pizza Hut team has been working hard to address business and category challenges; however, Pizza Hut’s performance indicates the need to take additional action to help the brand realize its full value, which may be better executed outside of Yum! Brands,” Yum CEO Chris Turner said in a statement.The company has not set a deadline or definitive timetable…
Chinese President Xi Jinping meets with Russian Prime Minister Mikhail Mishustin at the Great Hall of the People in Beijing, capital of China, Nov. 4, 2025. (Xinhua/Li Xiang)BEIJING, Nov. 4 (Xinhua) — Chinese President Xi Jinping met with Russian Prime Minister Mikhail Mishustin on Tuesday in Beijing, calling for enhanced cooperation on multiple fronts and better synergy of the two countries’ development strategies.Xi said that since the beginning of this year, China and Russia have steadfastly navigated a turbulent external environment with great composure, aiming for higher-level and higher-quality development goals. He added that maintaining, consolidating and advancing bilateral relations…
LAHORE: The Lahore High Court (LHC) on Monday expressed serious dissatisfaction over the Punjab government’s inadequate measures to combat smog, warning that the worsening air quality in Lahore had reached alarming levels. Justice Shahid Karim, while hearing multiple petitions related to smog control, pollution reduction, and groundwater protection, criticized the authorities for their failure to enforce existing restrictions and implement effective policies. The court questioned why restaurant operating hours and other administrative curbsearlier imposed to reduce emissionswere not being enforced. Justice Karim summoned the Deputy Commissioner of Lahore to appear in person on Tuesday to explain the inaction. He also…
Richard Teng, chief executive officer of Binance, during the DC Blockchain Summit in Washington, DC, U.S., on Wednesday, March 26, 2025. Bloomberg | Bloomberg | Getty ImagesBinance CEO Richard Teng has dismissed claims that the cryptocurrency exchange helped boost a Trump-backed stablecoin before former CEO Changpeng Zhao received a presidential pardon.The claims in question relate to a $2 billion investment Binance received from Abu Dhabi’s state-owned investment firm MGX. The deal was settled using USD1, a stablecoin created by the Trump family’s crypto venture, World Liberty Financial. MGX’s investment and Binance’s subsequent listing of USD1 on its exchange helped bolster the…
Indian visitors talk on their mobile phones outside the Google stall at the India Mobile Congress in New Delhi on Sept. 27, 2017.Prakash Singh | AFP | Getty ImagesArtificial intelligence companies racing to expand in India are not just chasing customers — they are enlisting millions of users to help train AI models for the world.Google and Perplexity AI are offering their services free for 12 to 18 months through partnerships with local telecom providers Reliance Jio and Bharti Airtel, while OpenAI has made its ChatGPT Go plan free nationwide for one year.”India stands at the intersection of youth, digital…
Non-food, non-energy inflation accelerates; border closure sends tomato prices up 127% and sugar 35%, while gas jumps ISLAMABAD: Inflation rose for the second consecutive month to 6.2% last month due to movement in prices across various groups, with a notable increase in non-food and non-energy goods’ rates, indicating a buildup of underlying inflationary pressure. The Pakistan Bureau of Statistics (PBS) reported on Monday that the key inflation benchmark increased by 6.2% on a year-on-year basis in October. The surge was in line with the government and market expectations. The government has attributed the increase to supply shocks caused by floods…
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | ReutersNorway’s $2 trillion sovereign wealth fund said it will vote against Elon Musk’s trillion-dollar pay package at Tesla’s annual shareholder meeting this week, rebelling against management guidance and threats from Musk to step down if the deal is rejected.Norges Bank Investment Management (NBIM), which manages the fund — the largest of its kind in the world, and a major shareholder in Tesla — said on Tuesday that it had already cast its vote against Musk’s remuneration package as CEO of…