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* Airbus on Wednesday inaugurated its latest Final Assembly Line (FAL) for A320 family aircraft in Tianjin, the second of its kind in China and Asia as a whole.* The new facility will double final assembly capacity for the A320 family in China, demonstrating Airbus’ confidence in the country’s thriving civil aviation market, resilient supply chain and favorable business climate.* The new facility is the latest example of foreign enterprises expanding investment in China in recent years.TIANJIN, Oct. 22 (Xinhua) — Airbus on Wednesday inaugurated its latest Final Assembly Line (FAL) for A320 family aircraft in the northern Chinese port…
In a significant development in the case concerning the killing and culling of stray dogs in Islamabad, the Islamabad High Court has directed the Capital Development Authority to vaccinate and care for the animals rather than kill them. Last week, the Islamabad High Court (IHC) issued notices to the Capital Development Authority (CDA) and the city’s municipal corporation after an eyewitness informed the court that on 9 October she had seen a vehicle containing around 200 dead dogs near the CDA office. The court had earlier warned officials that a First Information Report (FIR) would be filed against them if…
Dario Amodei, Anthropic CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 21st, 2025. Gerry Miller | CNBCThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. To be, or not to beBuzzy artificial intelligence startup Anthropic has found itself at odds with the White House over regulatory policy for the AI industry. CEO Dario Amodei jumped into the discourse yesterday to push back on claims that the company is “woke.”Here’s what to know:Anthropic has largely struck a…
Warner Bros. Discovery has rejected three Paramount Skydance takeover offers as it fields broad buyout interest, CNBC’s David Faber reported Wednesday, citing sources.Paramount’s last offer was for just under $24 per share and was comprised of 80% cash, according to Faber, who previously reported a bid could come in at between $22 and $24 per share.Reuters on Tuesday reported WBD had rejected a bid for nearly $24 per share.WBD said on Tuesday it had received “unsolicited interest” from multiple parties and that it would expand its strategic review process to review all bids. At the same time, the company is…
She performed country’s first epidural in 1986, founded Pakistan’s first formal obstetric epidural service One of the foundational pillars of the Department of Anaesthesiologists at Agha Khan University (AKU) and a pioneer of epidural services in Pakistan, Dr Ursula Chohan has passed away. Dr Chohan has built a career contributing to education, clinical advancement and helped introduce anaesthesia training in the country. She performed the country’s first epidural for painless childbirth in 1986 and later founded Pakistan’s first formal obstetric epidural service at AKU in 1994 — a milestone that revolutionised maternal healthcare across the nation. An epidural is the…
A new Volkswagen ID.3 electric car prepares to pass final inspection at the Volkswagen plant on May 14, 2025 in Dresden, Germany.Sean Gallup | Getty Images News | Getty ImagesGerman auto giant Volkswagen on Wednesday warned of temporary production outages citing China’s export restrictions on semiconductors made by Nexperia.The update comes shortly after the German Association of the Automotive Industry (VDA), the country’s main car industry lobby, said the China-Netherlands dispute over Nexperia could lead to “significant production restrictions in the near future” if the supply interruption of chips cannot be swiftly resolved.A spokesperson for Volkswagen told CNBC by email…
A flock of sheep graze between solar panels at a solar photovoltaic power plant in Gonghe County, Hainan Tibetan Autonomous Prefecture in northwest China’s Qinghai Province, April 15, 2024. (Xinhua/Zhang Long)XINING, Oct. 22 (Xinhua) — For generations, the Talatan Gobi Desert in northwest China’s Qinghai Province has endured severe sandstorms, persistent droughts and sparse vegetation, making life for local herders a constant struggle against a harsh natural environment.Today, Talatan, located in Gonghe County in the Hainan Tibetan Autonomous Prefecture, is undergoing a remarkable transformation. Expansive arrays of deep blue solar panels now stretch across the plateau, harnessing abundant sunlight to…
The Pakistan Environmental Protection Agency has started cracking down on vehicular emissions across Islamabad to combat worsening air quality as winter approaches. The initiative was announced in a press release Tuesday from the Ministry of Climate Change & Environmental Coordination. “We are striving for an environmentally sustainable Pakistan where economic progress and public health go hand in hand,” said Muhammad Saleem Shaikh, spokesperson for the Ministry of Climate Change and Environmental Coordination. According to the press release, Pak-EPA’s Environmental Monitoring Team, in coordination with the Islamabad Capital Territory Police, carried out a detailed inspection at Jhangi Syedan, Stop No. 26.…
People shop for clothing at a Costco store in Monterey Park, California on November 22, 2022. Frederic J. Brown | Afp | Getty ImagesPrices are rising across the fashion industry – with jackets and outerwear seeing the steepest year-over-year increases, according to a new report from consulting firm AlixPartners published Wednesday. The firm analyzed how much prices have climbed between 2024 and 2025 across nine categories, from swimsuits to dresses. Prices in all of the categories it tracked have risen by an average of $17 year-over-year. Jackets and outerwear saw the largest increase, with prices on average 24% higher, while swimwear saw…
Foreign buyers learn about audio products during the 138th edition of the China Import and Export Fair in Guangzhou, south China’s Guangdong Province, Oct. 15, 2025. (Xinhua/Lu Hanxin)GUANGZHOU, Oct. 22 (Xinhua) — Global enterprises and capital are showing strong confidence in south China’s Guangdong Province through substantial investments, the provincial government said Wednesday.From January to September, the province saw the establishment of 24,000 new foreign-funded enterprises, a year-on-year increase of 33.7 percent, highlighting its role as a top destination for international capital.Key data revealed a notable uptick, with actual utilized foreign capital reaching 78.13 billion yuan (about 11 billion U.S.…