Author: i2wtc

Bottles of Modelo beer are displayed on a shelf at a BevMo store on January 05, 2024 in San Rafael, California. Justin Sullivan | Getty ImagesConstellation Brands’ beer sales fell 2% in its latest quarter as President Donald Trump’s deportations and consumers’ broader economic fears weighed on demand.In April, Constellation CEO Bill Newlands said that Hispanic consumers are spending less due to their concerns about Trump’s hardline immigration policy and possible job losses in industries with high Latino employment bases. During Wednesday’s earnings conference call, Newlands acknowledged that raids by U.S. Immigration and Customs Enforcement were making it difficult to…

Listen to article A deadly bomb blast struck the Nawagai area of Bajaur district in Khyber-Pakhtunkhwa (K-P) on Wednesday, killing at least five people and injuring 16 others, according to local officials. The explosion occurred on Nawagai road near Sadiqabad Phatak in Khar Tehsil, targeting a government vehicle. The deceased include Assistant Commissioner Nawagai Faisal Ismail, Tehsildar Abdul Wakeel, Constable Zahid, and a passerby, Fazal Manan. Sub-Inspector Noor Hakeem, who was critically wounded in the attack, succumbed to his injuries while being transported to Peshawar for medical treatment. Rescue 1122 teams promptly arrived at the site and shifted the injured to the…

CANNES — Robinhood stock hit the $100 mark for the first time, capping off a week of fresh all-time highs and renewed investor confidence. Shares are now tracking their best performance since April, up more than 30% since the trading app was snubbed from the S&P 500.The milestone follows a major strategic swing in Europe, where Robinhood unveiled its most ambitious crypto expansion to date — one aimed at re-engineering the financial infrastructure itself. At an event held in a Belle Époque mansion along the French Riviera, Robinhood executives laid out a vision to bring thousands of tokenized stocks, ETFs,…

Listen to article ISLAMABAD: In a significant development aimed at strengthening bilateral defence cooperation, Pakistan Air Force (PAF) Chief of the Air Staff Air Chief Marshal Zaheer Ahmed Baber Sidhu undertook an official visit to the United States of America. The visit marks the first by a serving PAF chief in over a decade and serves as a strategic milestone in Pakistan-US defence relations, the Inter-Services Public Relations (ISPR) said in a statement issued on Wednesday. The high-profile visit, which concluded successfully, proved instrumental in deepening institutional ties, while addressing key regional and global security issues, it added. During the course of…

A representation of cryptocurrency Ethereum is placed on a PC motherboard in this illustration taken on June 16, 2023.Dado Ruvic | ReutersStocks tied to the price of ether, better known as ETH, were higher on Wednesday, reflecting renewed enthusiasm for the crypto asset amid a surge of interest in stablecoins and tokenization.BitMine Immersion Technologies, a bitcoin miner that announced plans this week to make ETH its primary treasury reserve asset, jumped about 20%. It’s gained more than 1,000% since the announcement. Betting platform SharpLink Gaming, which has also initiated an ETH treasury strategy, added more than 11%. Bit Digital, which last week…

Pakistan on Wednesday beat hosts Indonesia 2-0 in their second group match in the qualifiers for the 2026 Asian Football Confederation’s (AFC) Women’s Asian Cup, making a comeback from their defeat in the first group match last week. The national squad was drawn in Group ‘D’ of the qualifiers in Jakarta alongside Chinese Taipei, Indonesia and Kyrgyzstan. Pakistan lost their first match of the campaign to Chinese Taipei 8-0 on June 29. Hailing today’s victory as a “milestone in women’s football”, the Pakistan Football Federation (PFF) wrote in an X post, “Pakistan defeats 95th-ranked Indonesia 2-0. Power, passion, and purpose…

ISLAMABAD: Lawmakers in the upper house on Tuesday demanded arms licenses for themselves, prompting Interior Minister Mohsin Naqvi to announce that one prohibited-bore license will be issued to every member of parliament. The meeting of the Senate Standing Committee on Interior, chaired by Senator Faisal Saleem, began with prayers for the victims of the Swat tragedy. Lawmakers raised multiple issues, including arms licenses, illegal housing societies in Islamabad, water shortages and security arrangements for Muharram. Senator Palwasha Khan raised the issue of halted arms license issuance to parliamentarians. In response, Naqvi announced that each member of parliament will be issued…

Microsoft CEO Satya Nadella speaks at Microsoft Build AI Day in Jakarta, Indonesia, on April 30, 2024.Adek Berry | AFP | Getty ImagesMicrosoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4% of its global workforce across different teams, geographies and levels of experience, a person familiar with the matter told CNBC.The announcement comes on the second day of Microsoft’s 2026 fiscal year. Executives at the Redmond, Washington-based company typically unveil reorganizations at the time of the new fiscal year.”We continue to implement organizational changes necessary to best position the company and…

A worker stitches apparels at a garment factory in Vietnam’s Thai Nguyen Province on July 2, 2025. Nhac Nguyen | Afp | Getty ImagesPresident Donald Trump said Wednesday that the United States has struck a trade deal with Vietnam that includes a 20% tariff on the southeast Asian country’s imports to the U.S. Trump’s announcement on Truth Social said that the deal will give the U.S. tariff-free access to Vietnam’s markets.Vietnam also agreed that goods would be hit with a 40% tariff rate if they originated in another country and were transferred to Vietnam for final shipment to the United…

Listen to article ISLAMABAD: Despite the Judicial Commission of Pakistan (JCP) approving, by a slim margin of one vote, the nomination of Justice Sardar Sarfraz Dogar as the Islamabad High Court’s (IHC) chief justice, Justice Syed Mansoor Ali Shah has raised serious constitutional concerns regarding the president’s determination of judges’ seniority at the IHC. Sources reveal that one day before the JCP meeting, Justice Shah addressed a letter to the commission secretary, expressing his reservations over a presidential notification dated June 27, which fixed the seniority of IHC judges. In the letter, Justice Shah noted: “With due deference, it appears that this…