Author: i2wtc

Case of Modelo, a beer imported from Mexico, are seen for sale at a grocery store in Arlington, Virginia, February 3, 2025, following the announcement of tariffs by US President Donald Trump on important goods from Canada and Mexico.Saul Loeb | Afp | Getty ImagesConstellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as tariffs on aluminum weighed on its profitability.Still, the brewer reiterated its forecast for fiscal 2026, showing confidence that it can hit its financial targets despite the weaker-than-expected quarterly performance and higher tariffs.Shares of the company fell less than 1% in extended trading.…

Listen to article Prime Minister Shehbaz Sharif has instructed the National Disaster Management Authority (NDMA) to work with provincial disaster management authorities to develop a coordinated programme aimed at preventing incidents like the recent Swat tragedy. He made these remarks during a visit to the NDMA’s National Emergency Operations Centre (NEOC) in Islamabad on Tuesday. He also directed the compilation of comprehensive reports on such incidents, noting that around 49 people have lost their lives, with several others injured, across Pakistan. Commending the state-of-the-art NEOC facility, Sharif assured that the government would provide all necessary assistance to strengthen the institute and enhance…

US House Speaker Mike Johnson, a Republican from Louisiana, speaks to members of the media at the US Capitol in Washington, DC, US, on Friday, June 27, 2025. Graeme Sloane | Bloomberg | Getty ImagesThe House of Representatives on Tuesday took the reins of President Donald Trump’s megabill, after the Senate narrowly passed it following days of grueling negotiations and last-minute deals.Now, Republican Speaker Mike Johnson is staring down an uncertain path for the bill through his chamber, where several members of his conference have already publicly registered their objection to the Senate-approved version of the bill.The final vote in…

Listen to article Prime Minister Shehbaz Sharif on Tuesday ruled out any plans to close or merge national institutions devoted to science, literature, history, and culture, stating that such organisations form an essential part of the country’s intellectual and civilisational heritage. According to a press release issued by the Prime Minister’s Office, the premier reaffirmed his government’s commitment to preserving and strengthening these institutions, amid growing concerns over possible rightsizing measures. He made these remarks during a meeting with Senator Irfan Siddiqui, Parliamentary Party Leader of the Pakistan Muslim League-Nawaz (PML-N) in the Senate, who conveyed the anxiety of the literary and…

A customer tries on the Apple Vision Pro headset during the product launch at the Apple Store in New York City on February 2, 2024. Angela Weiss | AFP | Getty ImagesApple has accused a former engineer for its Vision Pro headset computer of stealing company trade secrets before starting a new job at Snap, according to a lawsuit filed in California last week.In the June 24 court filing, Apple accuses Di Liu, a senior design engineer, of downloading thousands of documents in his final days at the Cupertino company last year and saving them to his personal cloud accounts.This lawsuit…

An aerial view of Valley Health Hampshire Memorial Hospital on June 17, 2025 in Romney, W.V. Ricky Carioti | The Washington Post | Getty ImagesPresident Donald Trump’s “big, beautiful bill” would make sweeping changes to U.S. health care, leaving millions of vulnerable Americans without health insurance and threatening the hospitals and centers that provide care to them. The Senate on Tuesday voted 51-50 to pass the controversial spending measure after a marathon overnight voting session on amendments. But the bill will face another major test in the House, where Republicans have a razor-thin majority and some members have already raised objections…

Listen to article PARACHINAR: In a successful operation carried out by security forces in the Teri Mangal area of Kurram District, two terrorists, namely Hafeezur Rehman and Wajid Gul, were killed, security forces said on Tuesday. Both were wanted in connection with the shooting of schoolteachers and had bounties of Rs5 million each on their heads, according to security officials. Security sources said the two men were part of a group responsible for the killing of five teachers in Teri Mangal in 2023. During the exchange of fire, a local resident was injured with a gunshot wound to the leg. On May…

Dylan Field, co-founder and CEO of Figma, appears at the Bloomberg Technology Summit in San Francisco on May 9, 2024.David Paul Morris | Bloomberg | Getty ImagesDesign software company Figma filed for an IPO on Tuesday, and plans to trade on the New York Stock Exchange under ticker symbol FIG.The offering would be one of the hotly-anticipated IPOs in recent years given Figma’s growth rate and its high private market valuation. In late 2023, a $20 billion acquisition agreement with Adobe was scrapped due to regulatory concerns in the U.K. That led Adobe to pay Figma a $1 billion termination…

Listen to article KARACHI: Pakistan Stock Exchange (PSX) continued its upward journey on Tuesday as it crossed 128,000 points for the first time in history. The bull-run was driven by the allocation of fresh funds for the equity market, economic and political stability as well as optimism surrounding fiscal reforms announced in the federal budget. At the close of trading, the benchmark KSE-100 index recorded an increase of 2,572.11 points, or 2.05%, and settled at 128,199.43. In its review, Arif Habib Limited (AHL) commented that gains extended up to 128,000 points as the KSE-100 index rose 2.05%. Some 60 shares rose and…

U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. looks on as he attends a press conference to discuss health insurance reform, at the Department of Health and Human Services in Washington, D.C., U.S., June 23, 2025.Kevin Mohatt | ReutersA federal judge on Tuesday blocked the Trump administration from moving forward with plans to overhaul the U.S. Department of Health and Human Services by reorganizing several of its agencies and substantially cutting their workforce.U.S. District Judge Melissa DuBose in Providence, Rhode Island, issued an injunction at the behest of a group of Democratic-led states who challenged a plan…