Author: i2wtc

India said on Wednesday that the city of Ahmedabad is an “ideal” location for the 2030 Commonwealth Games, with its bid viewed as part of a wider push by the cricket-mad nation to host the 2036 Olympics. Ahmedabad is the key city in Prime Minister Narendra Modi’s home state of Gujarat, home to a 130,000-seater arena, the world’s biggest cricket stadium and named after the premier. Modi’s cabinet approved India’s bid for the 2030 Commonwealth Games on Wednesday. India submitted a formal letter of intent last year to the International Olympic Committee to host the 2036 Games. “Ahmedabad is an…

A person walks past Banksy-style posters of a protester throwing a sandwich on August 21, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesFederal prosecutors failed to secure a grand jury indictment against a former Department of Justice employee who allegedly hurled a Subway sandwich at a U.S. Customs and Border Protection officer in Washington, D.C., The New York Times reported Wednesday.The U.S. Attorney’s Office in D.C. sought to charge the man, Sean Charles Dunn, with felony assault of an officer for the Aug. 10 sub-chucking incident, which was caught on video.The DOJ fired Dunn after his arrest.It is not…

Kohl’s shares climbed more than 20% on Wednesday after the retailer topped Wall Street’s fiscal second-quarter earnings and revenue expectations, even as its sales declined and it looks for a new CEO.The Wisconsin-based department store narrowed its full-year sales guidance to reflect the higher part of its previous range. It said it now expects net sales to decline by between 5% and 6%. It had previously anticipated sales would fall 5% to 7%.It also revised its full-year earnings per share guidance. Kohl’s said it expects earnings to be in the range of 50 cents to 80 cents per share adjusted.…

Jaque Silva | Nurphoto | Getty ImagesA hacker has exploited a leading artificial intelligence chatbot to conduct the most comprehensive and lucrative AI cybercriminal operation known to date, using it to do everything from find targets to write ransom notes.In a report published Tuesday, Anthropic, the company behind the popular Claude chatbot, said that an unnamed hacker “used AI to what we believe is an unprecedented degree” to research, hack and extort at least 17 companies.Cyber extortion, where hackers steal information like sensitive user data or trade secrets, is a common criminal tactic. And AI has made some of that easier,…

ISLAMABAD: The Competition Commission of Pakistan (CCP) has asked the Pakistan Telecommunication Authority (PTA) to slap a ban on Chinese e-commerce platform Temu. According to a letter, a copy of which is available with The Express Tribune, the CCP said it lacked the authority to impose the ban as Temu was not registered in Pakistan, therefore, the PTA should look into the matter. The CCP highlighted its concerns about Temu’s disruptive presence in Pakistan by referring the matter to the PTA. In its official notice dated August 22, 2025, the CCP acknowledged industry complaints that Temu’s practices were damaging local…

MongoDB shares skyrocketed more than 30% on Wednesday after the database software company posted better-than-expected fiscal results and gave an upbeat forecast.Here’s how the company did in comparison with LSEG consensus:Earnings per share: $1.00 adjusted vs. 66 cents expectedRevenue: $591 million vs. $556 million expectedMongoDB’s revenue increased 24% from a year ago in the fiscal second quarter that ended July 31. The company had a net loss of $47.04 million, or 58 cents per share, compared with a net loss of $54.5 million, or 74 cents per share, in the year-ago period.Sales of MongoDB Atlas, the company’s cloud database service,…

Indian spin great Ravichandran Ashwin on Wednesday announced his retirement from the Indian Premier League and plans to play in other global franchise tournaments. The 38-year-old, a master off-spinner who quit international cricket in December during India’s Test tour of Australia, ends as the fifth-highest wicket-taker in the IPL with 187 scalps. He played for five IPL franchises and won the tournament with Chennai Super Kings in 2010 and 2011, where he also played in this year’s edition. “They say every ending will have a new start,” Ashwin wrote on social media. “My time as an IPL cricketer comes to…

Abercrombie & Fitch sales growth slowed again in its fiscal second quarter as the apparel company struggles to top the surge it enjoyed last fiscal year.During the quarter, sales at the namesake Abercrombie brand fell 5% while comparable sales dropped 11%. But the success of teen-focused Hollister brand helped to salvage the quarter. Overall, Abercrombie & Fitch sales climbed 7%, led by 19% growth at Hollister – the brand’s best-ever second-quarter net sales growth, the company said. Comparable sales across the business rose 3%, led by Hollister, which also saw comparable sales grow 19%.Abercrombie narrowly beat Wall Street expectations on the top…

Pakistan now has access to Google’s newly launched “AI Mode”, which promises to offer users an advanced AI-powered search engine. The tool is a custom version of Gemini 2.5, which allows users to pose longer, more complex, questions that would have previously required several separate searches. Google, in an earlier statement, had said that early tests indicate that searches are already two to three times longer than traditional searches, highlighting the tool’s value for exploratory activities like product comparisons, trip planning, or solving “how-to” queries. “It dives deep to answer multiple questions at once, with helpful links for further exploration,” read the…

Housing block in Warsaw, PolandBusà Photography | Moment | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.After a pullback in commercial real estate activity earlier this year due to broad economic uncertainty, there are new signs that activity is on the move again. Capital is increasing and “bidder dynamics” are stabilizing, according to JLL’s global Bid…