Author: i2wtc

Owned by the same family for more than 116 years, Reynolds Ranch is now on the market for $30.7 million.Courtesy of California Outdoor PropertiesFor more than 116 years, Deanna Davis’ family has owned Reynolds Ranch, spanning 7,600 acres in California’s Central Coast region. With the heirs in disagreement over the homestead’s future, Reynolds Ranch is now on the market for $30.7 million.”It’s so hard to make decisions together as a family about the ranch,” she told CNBC. “If I had the cash, I would buy the whole thing right now and cash everybody out and start over and take the…

ISLAMABAD: A Senate panel on Thursday decided to withdraw the legal powers of the boards of the central bank and equity market regulator to fix salaries of their top executives, after an exorbitant increase in the pay packages of Securities and Exchange Commission of Pakistan (SECP) executives shocked legislators. Ministry of Law and Justice Secretary Raja Naeem Akbar backed the Senate Standing Committee on Finance’s decision to amend the State Bank of Pakistan (SBP) Act and the SECP Act to withdraw the authority of their boards to fix executive salaries. Headed by Senator Saleem Mandviwalla of the Pakistan People’s Party…

The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024.CFOTO | Future Publishing | Getty ImagesAlibaba posted a better-than-expected bottom line in the June quarter fueled by accelerated sales at its cloud computing unit and a continued revival of its e-commerce business.Still, the Chinese giant’s revenues came in under analyst forecasts.Alibaba’s stock was up more than 1% in premarket trade in the U.S. after initially dipping.Here’s how Alibaba did in its fiscal first quarter ended June, compared with LSEG estimates:Revenue: 247.65 billion Chinese yuan ($34.6 billion), versus 252.9 billion yuan expected.Net income: 43.11 billion yuan, compared with…

ISLAMABAD: After a gap of more than two months, the Supreme Court’s constitutional bench (CB) will resume work from September 8. The last hearing was held on June 27, when the bench overturned an earlier SC judgment that had entitled the PTI to reserved seats. According to the court roster, a five-judge CB led by Justice Aminuddin Khan will hear matters related to the interpretation of law and the Constitution from September 8 to 12. It is expected that the same bench will also resume proceedings in the super tax case. Since November last year, the CB has been unable…

MONACO: European champions Paris St Germain were handed a tough list of opponents, including Barcelona and Bayern Munich, in this season’s Champions League and record 15-time winners Real Madrid will face Manchester City and Liverpool after the league phase draw was made on Thursday. PSG will entertain Bayern and go to Barcelona, while the French club will also meet Premier League sides Tottenham Hotspur and Newcastle United along with Atalanta, Bayer Leverkusen and Athletic Bilbao in the new group phase format which started last season. Tottenham, the Europa League champions, will play PSG in a repeat of their Super Cup…

Paetongtarn Shinawatra, Thailand’s prime minister, arrives at the Constitutional Court in Bangkok, Thailand, on Thursday, Aug. 21, 2025. Bloomberg | Bloomberg | Getty ImagesThailand’s Constitutional Court dismissed Prime Minister Paetongtarn Shinawatra from office on Friday for an ethics violation after only a year in power, in another crushing blow to the Shinawatra political dynasty that could usher in a new period of turmoil. Paetongtarn, who was Thailand’s youngest prime minister, becomes the sixth premier from or backed by the billionaire Shinawatra family to be removed by the military or judiciary in a tumultuous two-decade battle for power between the country’s…

Young Tibetans take part in skateboarding activities in Lhasa, southwest China’s Xizang Autonomous Region, on World Skateboarding Day this year.LHASA, Aug. 29 (Xinhua) — In Lhasa, capital of southwest China’s Xizang Autonomous Region, a city where ancient traditions meet modern lifestyles, a group of young people glide through the streets on skateboards. Leading them is 31-year-old Tibetan youth Tenzin Teba, a tattoo artist and one of the key promoters of skateboarding in the city.Born in Chanang, a county near Lhasa, Tenzin Teba showed a passion and talent for painting from an early age. After graduating from a university in east…

LAHORE: Authorities were locked in a fierce battle on Thursday to save Lahore from the surging Ravi, as floodwaters swelled to dangerous levels at Shahdara and Balloki headworks, threatening the city’s outskirts and nearby villages. With more than a million people displaced and at least 22 people killed across the province, the situation has grown into one of the worst flood emergencies in recent years and posed a grave test for the administration and all its institutions. As authorities struggled in wake of catastrophic floods, the National Disaster Management Authority (NDMA) warned that continued rainfall could aggravate flood conditions along…

SHARJAH: Salman Ali Agha is not too concerned by Pakistan’s recent losses. Instead, Pakistan T20 captain is looking forward to his “quality side with exciting youngsters and amazing seniors” doing well at the upcoming tri-nation series and the subsequent Asia Cup. The Salman-led team face Afghanistan in a T20 tri-nation series opening match in Sharjah on Friday. The event, a warm-up for next month’s T20 Asia Cup, also includes hosts UAE. Besides Afghanistan, Pakistan and the UAE, the Asia Cup will also include defending champions India, Sri Lanka, Bangladesh, Oman and Hong Kong. Pakistan’s white-ball fortunes are dipping after they…

Olympic 100m champions Noah Lyles and Julien Alfred will head to the world championships in Tokyo in two weeks’ time on the back of impressive victories at Thursday’s Diamond League Finals. Lyles and Alfred were but two of the cream of track and field’s elite who rose to the top in a scintillating night of action at a 25,000 sell-out Letzigrund Stadium. American Lyles became the first track athlete to win six Diamond League Final titles by producing a strong finish to outpace Botswana rival Letsile Tebogo for victory in the men’s 200m. Lyles, the reigning world champion in both…