Author: i2wtc
Minister for Information and Broadcasting Attaullah Tarar. PHOTO: APP ISLAMABAD: The dialogue between Pakistan and the Afghan Taliban regime in Istanbul to salvage a peace deal has failed, Information Minister Ataullah Tarar announced on the social media platform X late on Tuesday. In his post, the minister said the security of the people of Pakistan is of paramount importance, and the government would employ all its resources to decimate terrorists, their sanctuaries, abetters, and supporters. Tarar thanked Qatar, Turkiye, and other friendly states for their support and sincere efforts to bring about a peaceful solution to the problem of terrorism,…
. Indian Prime Minister Narendra Modi skipped the Asean summit in Malaysia in order to avoid broaching the issue of Pakistan in a possible meeting with US President Donald Trump, Bloomberg reported on Tuesday. Modi had backtracked from his proposed visit to Malaysia over the weekend to attend the summit and opted to join the discussions “virtually” instead. The opposition Congress party had blamed the change of plan on Modi’s fear of meeting Trump. The annual summit of the Association of Southeast Asian Nations, a 10-nation grouping, as well as associated meetings, was held from Oct 26 to 28 in…
U.S. President Donald Trump speaks to journalists in Japan aboard Air Force One en route to South Korea on October 29, 2025.Andrew Harnik | Getty Images News | Getty ImagesU.S. President Donald Trump plans to discuss Nvidia’s advanced AI chips with Chinese President Xi Jinping during their widely expected meeting on Thursday, he told a media scrum Wednesday. While taking questions regarding his high-stakes meeting with Xi, Trump signaled that Nvidia’s Blackwell AI processors could be discussed. “We’ll be speaking about Blackwell, it’s the super duper chip,” he said. Nvidia’s “super duper chip” appeared to refer to the GB200 Grace Blackwell Superchip…
Lender bases assessment on simulation data; Floods in Punjab deepen rural household lossesWorld Bank. PHOTO: FILE ISLAMABAD: The World Bank claimed on Tuesday that Pakistan’s poverty rate decreased to 22.2% and it would sink further to pre-Covid levels this year, yet reiterating that the country’s current economic growth rate was not enough to reduce poverty and improve the living standard. The paradoxical statements by the lender underscore the emergent need for the latest credible data, as the World Bank too has assumed the poverty reduction by running a simulation exercise on 2019 consumption data of Pakistan. The Washington-based lender released…
OpenAI CEO Sam Altman (L) speaks with Microsoft Chief Technology Officer and Executive VP of Artificial Intelligence Kevin Scott during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. Jason Redmond | AFP | Getty Images Investors can’t get enough of artificial intelligence, despite worries over the sector’s excessively high valuations.The S&P 500, Dow Jones Industrial Average and Nasdaq Composite rose Tuesday stateside, with all three notching new intraday highs. The major averages were juiced by gains in tech. Nvidia popped nearly 5%, while Microsoft climbed roughly 2%.Both Apple and Microsoft reached a market capitalization of…
A stock broker reacts while monitoring the market on the electronic board displaying share prices during trading session at the Pakistan Stock Exchange, in Karachi on July 3, 2023. Photo: Reuters/ File The Pakistan Stock Exchange (PSX) witnessed a sharp downturn on Tuesday as early gains were wiped out by heavy profit-taking and weak investor sentiment, pushing the benchmark index deep into the red. After opening on a positive note, the KSE-100 index climbed to an intra-day high of 163,380.67 points. However, momentum quickly reversed in the second half as investors booked profits from recent rallies. The index hit a…
Celestica CEO Rob Mionis explained how his company designs and manufactures infrastructure that enables artificial intelligence in a Tuesday interview with CNBC’s Jim Cramer.”If AI is a speeding freight train, we’re laying the tracks ahead of the freight train,” Mionis said.He pushed back against the notion that the AI boom is a bubble, saying that the technology has gone from a “nice to have” to a “must have.”Celestica reported earnings Monday after close, managing to beat estimates and raise its full-year outlook. The stock hit a 52-week high during Tuesday’s session and closed up more than 8%. Celestica has had…
Palestinians try to clear the remains of buildings destroyed by Israeli attacks with limited resources i Khan Yunis, Gaza on Oct. 28, 2025. Mohammed Eslayeh | Anadolu | Getty ImagesIsraeli planes launched strikes in Gaza on Tuesday after Israel accused the militant group Hamas of violating a ceasefire in the Palestinian territory, the latest test of a fragile deal brokered earlier this month by U.S. President Donald Trump.Local health authorities said the strikes killed at least 26 people, including five in a house hit in the Bureij refugee camp in the central Gaza Strip, four in a building in Gaza City’s Sabra neighbourhood, and five in a car in…
An aerial drone photo shows Xiaomi’s first smart home appliance factory in Wuhan, central China’s Hubei Province, Oct. 28, 2025. Chinese tech firm Xiaomi launched its first smart home appliance factory in Wuhan, central China’s Hubei Province, on Tuesday, marking a major expansion of the tech giant’s manufacturing footprint beyond smartphones and vehicles. (Xinhua/Pan Zhiwei)WUHAN, Oct. 28 (Xinhua) — Chinese tech firm Xiaomi launched its first smart home appliance factory in Wuhan, central China’s Hubei Province, on Tuesday, marking a major expansion of the tech giant’s manufacturing footprint beyond smartphones and vehicles.This new factory, focusing on air conditioner production, is…
University departments safe; makeshift shelters near fire site evacuated as precaution, officials sayUniversity of Karachi. Photo: File A fire that broke out in the bushes behind the University of Karachi on Tuesday evening intensified rapidly before being brought under control after several hours of firefighting. One person died from suffocation during the incident, rescue officials said. The victim, identified as 51-year-old Muhammad Rafiq, was a father of four and worked as a welder, according to initial reports. According to Rescue 1122, the fire erupted near Gulshan Noor Apartments behind the university. Fire and rescue teams, along with ambulances and fire tenders,…