Author: i2wtc

An exhibitor demonstrates a robot that synchronizes with his movements at the Service Robots Zone during the 138th edition of the China Import and Export Fair (Canton Fair) in Guangzhou, south China’s Guangdong Province, Oct. 15, 2025. (Xinhua/Deng Hua)SHENZHEN, Oct. 27 (Xinhua) — In a viral social media video, NBA star Shaquille O’Neal tried on a Chinese-manufactured exoskeleton robot and, after attempting a running motion, exclaimed: “It’s so light! I must take this back to the U.S.”Kenqing Technology, a Shenzhen-based startup behind this cyborg product, is one of Chinese tech firms that are developing solutions for the country’s aging society…

Move taken as safety measure linked to Indian military exercises being conducted near Pakistan’s border Pakistan has decided to temporarily close its airspace for two days, citing precautionary measures amid Indian military exercises near the frontier.  The closure will remain in effect on October 28 and 29, between 6 am and 9 am. The restriction applies to several flight routes within the Karachi and Lahore Flight Information Regions that connect to Indian airspace. The Civil Aviation Authority has issued a Notice to Airmen to all airlines and aviation operators, advising them to take necessary precautions and plan alternate flight paths…

Rana Sanaullah says his party will only support no-confidence motion but will not become a part of new govt The coalition partners in federal government, the Pakistan Muslim League-Nawaz and the Pakistan Peoples Party, have decided to table a no-confidence motion against Azad Jammu and Kashmir Prime Minister Anwarul Haq. The announcement was made by senior PML-N and PPP leaders Rana Sanaullah, Ahsan Iqbal, Qamar Zaman Kaira, and Raja Pervez Ashraf after a meeting held at the President House in Islamabad. They said both parties had reached a consensus that the AJK government had failed to deliver, making a change…

Former Pakistan Tehreek-e-Insaf (PTI) federal ministers Omar Ayub and Shibli Faraz have withdrawn their appeals against the disqualification from general elections and dismissal as opposition leader in Senate, respectively, it emerged on Monday.  According to PTI Chairperson Barrister Gohar Ali Khan’s statement before the Supreme Court, Ayub has withdrawn his appeal against his disqualification by the Election Commission of Pakistan (ECP) as he does not intend on contesting the next polls. His wife will run a campaign for that seat instead.  The appeal against his dismissal as opposition leader in National Assembly was also withdrawn and the new opposition leader has already been…

David Ryder | Getty Images News | Getty ImagesAmazon is preparing to announce sweeping job cuts beginning Tuesday, CNBC has learned.The layoffs will amount to the largest cuts to Amazon’s corporate workforce in the company’s history, spanning almost every business, according to a person familiar with the matter, who asked not to be named because the details are confidential.Amazon is expected to begin informing employees of the layoffs via email Tuesday morning, the person said.The company plans to lay off as many as 30,000 staffers across its corporate workforce, according to Reuters, which first reported the news.Amazon declined to comment.Amazon…

Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty ImagesOpenAI on Monday said the U.S. needs to substantially ramp up its investment in new energy capacity if it wants to stay ahead of China in the race to develop artificial intelligence.The startup has been inking deals for ambitious infrastructure buildouts in recent months that will require massive amounts of power. The sprawling data centers will push the boundaries of what is possible in the U.S. during…

Facility will help Pakistan meet its energy import requirements, ease pressure on its foreign reservesDefence Minister of Kingdom of Saudi Arabia Khalid bin Salman Al Saud (From L), Prime Minister Shehbaz Sharif, Crown Prince Muhammad bin Salman bin Abdulaziz Al Saud and Chief of Army Staff Field Marshal Asim Munir in a photo after the signing ceremony of defence agreement between Pakistan and Saudi Arabia in Riyadh on September 17. Photo: PID Saudi Arabia has pledged to extend a $1 billion oil financing facility to Pakistan during the current fiscal 2025–26, while also rolling over $5 billion in deposits, officials…

Roomba robot vacuums made by iRobot are displayed on a shelf at a Bed Bath and Beyond store in Larkspur, California, on Aug. 5, 2022.Justin Sullivan | Getty ImagesShares of iRobot plunged more than 30% on Monday after the company warned its search for a buyer has hit a substantial roadblock and its financial condition remains dire.The Roomba maker has been vying to sell itself since March, but last week, the only remaining potential buyer withdrew from the process following a “lengthy period of exclusive negotiations,” iRobot disclosed in a regulatory filing.iRobot’s future has remained uncertain after Amazon abandoned its…

‘Khyber-Pakhtunkhwa is a wheat-deficient province, depends substantially on inter-provincial inflows’K-P Governor Faisal Karim Kundi. Photo: File Khyber-Pakhtunkhwa Governor Faisal Karim Kundi has written to Prime Minister Shehbaz Sharif, urging his “immediate intervention” against what he termed “unconstitutional restrictions” on the inter-provincial movement of wheat to the province. Kundi said the restrictions “prima facie contravene Article 151 of the Constitution of the Islamic Republic of Pakistan, which explicitly guarantees freedom of trade, commerce and intercourse among the provinces.” The Punjab government’s decision to restrict inter-provincial wheat movement has drawn sharp criticism from the K-P and Sindh governments, who accuse it of…

Record $32.5bn forward external payments add pressure amid weak FDI and portfolio outflowsState Bank of Pakistan. Photo: File The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Monday decided to keep the policy rate unchanged at 11%, marking the ‘fourth’ consecutive time the rate has been held steady. The decision reflects a cautious approach as the central bank balances support for a fragile economic recovery with internal and external risks, despite calls from the business community to cut the rate to reduce borrowing costs and stimulate growth. In a meeting conducted today, the cautious stance is aimed at…