Author: i2wtc
ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday renewed his call for national unity and invited all political parties, stakeholders and civil society to join Misaq-i-Istehkam-i-Pakistan, as the nation marked its 78th Independence Day alongside celebrations for the Marka-e-Haq victory. Addressing a grand ceremony in the federal capital, the prime minister announced the creation of the Army Rocket Force to strengthen the country’s combat capabilities. He also inaugurated the symbolic Bunyanum Marsous memorial. The special event, held at Islamabad’s Jinnah Sports Stadium, brought together the country’s top civil and military leadership, foreign dignitaries, and thousands of citizens. The high-profile gathering was…
Colonel General Karim Valiyev, First Deputy Minister of Defence and Chief of the General Staff of the Azerbaijan Army, called on Chief of Army Staff (COAS) Field Marshal Syed Asim Munir at the General Headquarters (GHQ) in Rawalpindi, Radio Pakistan reported on Wednesday. During the meeting, both sides discussed matters of mutual interest, with a particular emphasis on the evolving global and regional security environment. The two leaders expressed a shared commitment to bolstering defence cooperation and fostering joint efforts aimed at promoting regional peace and stability. Field Marshal Munir reaffirmed Pakistan’s fraternal ties with Azerbaijan and reiterated the resolve…
A banner depicting the Washington, D.C., flag with a text reading “Free DC” hangs from an overpass with a view of the U.S. Capitol after U.S. President Donald Trump announced federal take over of the Metropolitan Police Department under the Home Rule Act to assist in crime prevention in the nation’s capital, in Washington, D.C., U.S., August 12, 2025. Jonathan Ernst | ReutersPresident Donald Trump called Washington, D.C., a city overrun by “violent gangs and bloodthirsty criminals” as he moved to federalize the city’s police force and deploy hundreds of National Guard members.His dire depiction of the nation’s capital is at…
An aerial drone photo taken on Aug. 13, 2025 shows a view of a lotus pond scenic area in Xinghua City, east China’s Jiangsu Province. People enjoy their summer time by travelling around the country. (Photo by Zhou Shegen/Xinhua)An aerial drone photo taken on Aug. 12, 2025 shows a night market in Qingdao, east China’s Shandong Province. People enjoy their summer time by travelling around the country. (Photo by Zhang Ying/Xinhua)An aerial drone photo taken on Aug. 13, 2025 shows a view of a lotus pond scenic area in Xinghua City, east China’s Jiangsu Province. People enjoy their summer time…
KARACHI: The Pakistan Stock Exchange (PSX), after kicking off the new trading session on an upbeat note on Wednesday, gave up early optimism over profit-booking pressure. By the close of trading, the benchmark KSE-100 index recorded a loss of 476 points, or 0.32%, at 146,529. In the morning, stocks showed impressive movement, which took the index to intra-day high of 147,892. However, at midday the market began to lose steam as traders grew increasingly risk averse. It resulted in a steady pullback, pushing the index to the day’s low at 146,418. The downturn was largely attributed to profit-booking. Arif Habib…
Sundar Pichai, chief executive officer of Alphabet Inc., during a visit to the Google for Startups campus in Warsaw, Poland, on Thursday, Feb. 13, 2025. The EU has established a reputation globally for its aggressive regulation of major technology companies, including the likes of Apple and Google over antitrust concerns. Photographer: Damian Lemanski/Bloomberg via Getty ImagesDamian Lemanski | Bloomberg | Getty ImagesPerplexity AI’s bid on Tuesday to buy Google’s Chrome browser for $34.5 billion represents a dramatic moment for the internet search giant, a week before it celebrates the 20th anniversary of its IPO.Even if analysts aren’t taking the offer…
Prime Minister Shehbaz Sharif urged all political parties, stakeholders, and civil society members to unite under a new national charter, Misaq-e-Istehkam-e-Pakistan (Charter for Stability of Pakistan), as the nation celebrates 78th Independence Day and military success against India in Marka-e-Haq. Addressing a ceremony in the federal capital on Wednesday, attended by President Asif Ali Zardari and Chief of Army Staff Field Marshal Syed Asim Munir as guests of honour, he said that the time had come to rise above political divisions, personal interests, and hollow slogans in pursuit of national unity. “On this historic day, I once again invite all political…
Brian Thompson, CEO of UnitedHealthcare.Courtesy: UnitedHealth GroupA New York state man was arrested Wednesday and charged with leaving threatening voicemails for the widow of UnitedHealthcare CEO Brian Thompson hours after Thompson was fatally shot on a Manhattan sidewalk in December.The suspect, Shane Daley, left Paulette Thompson profanity-laced voicemails calling her husband a “f—— capitalist pig” and declaring he died because he was “profiting off the backs of poor Americans,” according to a criminal complaint in Albany federal court charging Daley with cyberstalking.”This s— is gonna keep happening to you f—— p—–,” Daley, 40, warned Paulette in one of three voicemails…
Cisco CEO Chuck Robbins speaks at the Business Roundtable CEO Workforce Forum in Washington on June 17, 2025.Al Drago | Bloomberg | Getty ImagesCIsco reported results on Wednesday that narrowly exceeded analysts’ expectations and issued quarterly guidance that was also better than expected. The stock slipped in extended trading.Here’s how the company did in comparison with LSEG consensus:Earnings per share: 99 cents adjusted vs. 98 cents expectedRevenue: $14.67 billion vs. $14.62 billion expectedRevenue increased 7.6% year over year in the quarter, which ended on July 26, according to a statement. Net income rose to $2.82 billion, or 71 cents per…
Cava stock tumbled 16% in afternoon trading on Wednesday, making it the latest fast-casual chain to feel Wall Street’s wrath after reporting disappointing quarterly sales.A year ago, eateries like Chipotle Mexican Grill and Cava were reporting double-digit same-store sales growth, even as the broader restaurant industry posted falling traffic and slumping sales. But times have changed. This spring, fast-casual chains saw foot traffic decline as sales slowed down or even shrank.To explain the downturn, executives have said that diners are “cautious,” in the words of Sweetgreen CEO Jonathan Neman, or dealing with an economic “fog,” according to Cava CFO Tricia…