Author: i2wtc
Stellantis’ Ram display is seen at the New York International Auto Show on April 16, 2025.Danielle DeVries | CNBCAUBURN HILLS, Mich. — Ram CEO Tim Kuniskis reemerged from a seven-month retirement late last year saying he “missed the fight” and admitting the Stellantis brand was getting smashed in the marketplace by its competition.Kuniskis walked on stage during a media event as the speakers blared Detroit rapper Eminem singing “Guess who’s back, back again.” He promised an aggressive turnaround for the embattled truck brand that will extend through 2026.The plan includes more than 25 announcements through next year. Thus far they…
* Despite having no coffee farms, Guiyang in southwest China is home to more than 3,000 coffee shops and has produced over 10 world and national champions in coffee roasting.* In Guiyang, there is one coffee shop for every 2,000 residents. This makes it one of the Chinese cities with the highest coffee shop density.* Its distinctive coffee culture, coupled with an open mindset and innovative flair, is also bringing new employment opportunities for the local youth.Customers enjoy coffee at a coffee shop in Yunyan District of Guiyang, southwest China’s Guizhou Province, June 23, 2025. (Xinhua/Yang Wenbin)GUIYANG, June 27 (Xinhua)…
Flash floods triggered by heavy rainfall in Swat have claimed the lives of at least 11 people, with several more still missing. The continuous downpour over the past two days has caused a significant rise in the flow of the Swat River, prompting local authorities to issue a high alert. The rescue teams have so far recovered two bodies, and search operations continue at several locations, including Fiza Gat, Bypass, Manyar, and Khwazakhela. At the Fiza Gat location, 10 tourists, including women and children, were swept away by the floodwaters, and two bodies have been recovered. At the Bypass location,…
Microsoft’s Majorana 1 quantum computing chipMicrosoftIt doesn’t quite have the buzz of artificial intelligence, but quantum computing is having a moment of its own.Some of the most powerful institutions in the world, including Google, Microsoft, Amazon, IBM and the U.S. government, are spending many millions of dollars in a race to develop and build the first practical quantum computer.Startups focused on quantum technology attracted about $2 billion last year, according to a McKinsey & Co. report, as investors pile into an industry that could have nearly $100 billion in revenue within a decade.There isn’t much business today, though. In total,…
BRUSSELS, BELGIUM – DECEMBER 18: President of the EU Council Antonio Luis Santos da Costa talks to media (Photo by Thierry Monasse/Getty Images)Thierry Monasse | Getty Images News | Getty ImagesNATO’s agreement to more than double allies’ defense spending targets will rebalance Europe’s trade relations with the U.S. and see the region buy more American weaponry, European Union Council President Antonio Costa told CNBC on Friday.Earlier this week, NATO allies agreed to more than double their defense spending target from 2% of gross domestic product to 5% by 2035.The move has solved the main trade-related issue between Europe and the…
Chinese President Xi Jinping meets with Prime Minister of Senegal Ousmane Sonko, who is in China for the 2025 Summer Davos, at the Great Hall of the People in Beijing, capital of China, June 27, 2025. (Xinhua/Ding Lin)BEIJING, June 27 (Xinhua) — Chinese President Xi Jinping met with Prime Minister of Senegal Ousmane Sonko in Beijing on Friday.Xi said that last September, he co-chaired the 2024 Summit of the Forum on China-Africa Cooperation in Beijing with Senegalese President Bassirou Diomaye Faye, leading China-Africa relations into a new phase of jointly building an all-weather China-Africa community with a shared future for…
View of luxury waterfront homes and boats along the intracoastal waterway near Jupiter Inlet in Jupiter, Florida in Palm Beach CountyRyan Tishken | Istock | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Economic uncertainty is creating a divide in the luxury real estate market between ultra-rich buyers and the merely wealthy, according to a new report from brokerage Coldwell Banker. A survey of some 200 agents specializing in luxury property found that ultra-wealthy buyers, defined as…
ISLAMABAD: A constitutional bench (CB) of the Supreme Court on Thursday turned down the request of one of the PTI counsels to defer hearing of the reserved seats case till August, noting that the bench intended to hear the case on a daily basis. Earlier, Salman Akram Raja, resumed his arguments in support of the July 12, 2024 majority order of a full SC bench. He referred to the SC judgment in the Sindh High Court Bar case, which, he said, serves as an example of how the SC can intervene for the restoration of the Constitution. “After the emergency…
In this photo illustration, the DeepSeek logo is seen displayed on a smartphone screen and in the background, the flag of the European Union. Thomas Fuller | Sopa Images | Lightrocket | Getty ImagesOne of Germany’s data protection watchdogs on Friday said DeepSeek’s app illegally sends user data to China and asked Google and Apple to consider blocking the artificial intelligence service.Berlin’s data protection commissioner Meike Kamp said in a statement that DeepSeek’s transfer of German user data to China is “unlawful.” There is not a readily available way to get in touch with DeepSeek. CNBC has reached out to…
Listen to article ISLAMABAD: The Supreme Court has asked the federal government as well as the provincial governments to review the ‘Nakahnama form’ in order to make it user-friendly, effectively safeguarding the rights of the parties, particularly the women. A three-member bench of the apex court, led by Justice Syed Mansoor Ali Shah, noted that without reviewing the Nikahnama form as a whole, the positive step taken by the Punjab government might not achieve the intended goal of protecting the rights of women. The Nikahnama form has been prescribed in the Ordinance of 1961 and notified as part of the schedule of…