Author: i2wtc

A Pfizer logo is displayed at a research facility in the La Jolla neighborhood of San Diego, California, U.S., Sept. 30, 2025. Mike Blake | ReutersPfizer on Monday said it filed a second lawsuit against Novo Nordisk and Metsera, alleging that the Danish drugmaker’s attempt to outbid Pfizer to acquire the obesity biotech is anticompetitive. Pfizer alleges that Ozempic maker Novo Nordisk’s proposed acquisition of Metsera would help it maintain its dominant position in the blockbuster obesity market by eliminating a smaller potential competitor, according to the lawsuit filed Monday in the U.S. District Court in Delaware. The suit also alleges…

Report highlights raw material shortages, import dependency, policy uncertainty among challenges facing industry PSM needs to pay off billions in dues to the SSGC before gas pressure to the steel mills is restored. PHOTO: REUTERS The Competition Commission of Pakistan (CCP) has recommended the establishment of a separate Ministry of Steel along with the formulation of a National Steel Policy. These measures aim to help address competition-related issues, barriers to market entry for new investors, and other challenges faced by the steel industry. A report on the state of competition in Pakistan’s steel sector has also been issued by the…

U.S. President Donald Trump speaks to members of the media as he arrives at Palm Beach International Airport in West Palm Beach, Florida, U.S., October 31, 2025. Elizabeth Frantz | ReutersPresident Donald Trump, who recently suggested he would be at the Supreme Court on Wednesday for oral arguments in the case that will determine the fate of many of his wide-ranging tariffs, now says he will not attend.”I will not be going to the Court on Wednesday in that I do not want to distract from the importance of this Decision,” Trump wrote Sunday in a Truth Social post.”It will…

A Taco Bell restaurant in El Cerrito, California, US, on Tuesday, April 29, 2025. David Paul Morris | Bloomberg | Getty ImagesWith more consumer companies preparing to report third-quarter earnings this week, Wall Street will be watching for signs of a bifurcated or “K-shaped” economy as consumers diverge in their spending behaviors.There have been increasing signals that wealthier Americans are spending more while lower-income Americans are significantly paring back their spending. Lower-income consumers have been hit hardest by rising inflation and escalating prices on essentials, with this month’s Consumer Price Index report indicating a 0.3% increase on the month, putting…

Amazon went from “Magnificent Seven” zero to hero in a matter of days. First, it was blowout earnings on Thursday night, followed by a 9.6% stock surge the next day. Then, on Monday, it was a big cloud deal with OpenAI, and the stock soared another 4.5%. Amazon came into last week’s earnings print as the worst-performing Mag 7 stock in 2025. Now, it is up more than 16% year to date and hitting another all-time high Monday. AMZN 5D mountain Amazon performance over 5 sessions “Amazon just completely refuted” concerns about slowing growth in its cloud unit, Amazon Web…

The operation revealed how the boundaries between digital deception and physical violence could blur The Besa Mafia operation stands as one of the most revealing cases in the evolution of dark web criminality, a fake murder-for-hire service that escalated from online fraud to real-world tragedy. Hosted on the anonymizing Tor network, the site was not a genuine criminal syndicate but a scam built to siphon cryptocurrency from individuals seeking to commission murders. Originally exposed by independent cybercrime researcher Chris Monteiro, the operation revealed how a fabricated online brand could blur the boundaries between digital deception and physical violence. The story…

MongoDB CEO Dev Ittycheria arrives at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 9, 2025.David Paul Morris | Bloomberg | Getty ImagesDatabase software maker MongoDB said on Monday that CEO Dev Ittycheria is stepping down from the top job after an 11-year run. Chirantan “CJ” Desai, who has spent the past year as president of product and engineering at Cloudflare, is replacing Ittycheria, effective Nov. 10, MongoDB said. Ittycheria will remain on the company’s board. “Earlier this year, I would say as part of our normal succession planning process, the board asked me…

Changpeng Zhao, founder of Binance, attends the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 16, 2022.Benoit Tessier | ReutersPresident Donald Trump said he knows nothing about Binance founder Changpeng Zhao — or that company’s recent involvement in a cryptocurrency venture linked to Trump’s family — despite granting him a pardon last month.Asked in a CBS “60 Minutes” interview that aired on Sunday why he pardoned the former crypto executive known as CZ, Trump said, “Okay, are you ready? I don’t know who he is.”In late 2023, Zhao stepped down…

This photo taken on Nov. 3, 2025 shows a themed-decoration of the China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) in east China’s Shanghai. The eighth CIIE will be held in Shanghai from Nov. 5 to 10. The event this year will feature 4,108 overseas exhibitors from 155 countries, regions and international organizations, with the total exhibition area exceeding 430,000 square meters, setting a new record in scale. (Xinhua/Fang Zhe)A staff member sprays water to the green area at the south square of the National Exhibition and Convention Center (Shanghai), the main venue for the…

No army operation in Tirah Valley, if there were one, it would be officially announced, says Ahmed Chaudhry Director-General of the Inter-Services Public Relations, Lieutenant General Ahmed Sharif Chaudhry, has dismissed reports of any Pakistan-US understanding on drone operations in Afghanistan, terming them “completely baseless.” “Pakistan has no agreement with the United States, and no formal complaint about drones has been received from the Taliban regime,” Lt Gen Chaudhry said while speaking to senior journalists on Monday. He added that the Ministry of Information had repeatedly clarified the matter. “There is no arrangement whatsoever under which drones operate from Pakistan…