Author: i2wtc
KARACHI: At least 16 people, including women and children, lost their lives in various rain-related incidents across Karachi on Tuesday and Wednesday as the city was battered by heavy downpours. The fatalities occurred in wall collapses, electrocution, and drowning incidents reported in different neighborhoods. Two children drowned on Wednesday in the nullah near Al-Asif Square near Sohrab Goth and in the C-1 Area drain of Liaquatabad. Edhi Maritime Services teams launched rescue operations at both sites but were forced to suspend efforts at nightfall. According to Edhi officials, the search for the missing children will resume Thursday morning. Body of…
Alibaba’s global headquarters in Hangzhou, Zhejiang Province, China, on May 9, 2024.Nurphoto | Nurphoto | Getty ImagesAlibaba-backed Banma, a provider of technology for smart cars, is planning to list shares on the Hong Kong Stock Exchange, according to a filing.In a filing dated Aug. 21, Alibaba said it currently owns about 45% of Banma and will continue to control over 30% of the company’s stock after the listing. Banma said in a filing that the announcement does not guarantee a listing will take place.Banma, founded in 2015 and based in Shanghai, is “principally engaged in the development of smart cockpit…
Chinese President Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, listens to work reports from the CPC Xizang regional committee and the regional government and delivers an important speech in Lhasa, southwest China’s Xizang Autonomous Region, Aug. 20, 2025. Xi, who leads a central delegation, arrived in Lhasa, capital of Xizang, on Wednesday to attend activities in celebration of the region’s 60th founding anniversary. (Xinhua/Xie Huanchi)LHASA, Aug. 20 (Xinhua) — Chinese President Xi Jinping on Wednesday urged Xizang Autonomous Region to build a modern socialist new Xizang…
Prime Minister Shehbaz Sharif and Field Marshal Asim Munir on Wednesday visited flood-affected districts of Swat, Buner, Shangla and Swabi, pledging that every available national resource would be mobilised to accelerate recovery and restore normalcy. According to the Prime Minister’s Office, prime minister and field marshal received a comprehensive briefing on rescue and relief operations in Khyber-Pakhtunkhwa (KP). Federal ministers and senior officials also joined the visit. The Prime Minister and COAS received a comprehensive briefing on the ongoing rescue and relief operations in Khyber Pakhtunkhwa. pic.twitter.com/B1N1Z5lFuh — Government of Pakistan (@GovtofPakistan) August 20, 2025 During their interaction with survivors,…
Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, waves to people while attending a gala marking the 60th founding anniversary of Xizang Autonomous Region in regional capital Lhasa, Aug. 20, 2025. Xi joined people of all ethnic groups in Xizang to watch the gala entitled “Joyful Songs of the Snowy Plateau Region.” (Xinhua/Xie Huanchi)LHASA, Aug. 20 (Xinhua) — Chinese President Xi Jinping attended a gala marking the 60th founding anniversary of Xizang Autonomous Region in the regional capital Lhasa Wednesday evening.Xi, also general secretary of the…
KARACHI: Bulls continued to maintain their firm grip over the Pakistan Stock Exchange (PSX) on Wednesday as the KSE-100 index roared past 150.5k points, a historic high that came on the back of Moody’s ratings upgrade for banks and encouraging corporate-sector earnings. Robust interest from local institutions in stock buying and a modest current account deficit for July also lent support to the stock market, which rose 820 points, or 0.55%, and closed the day at 150,591. “Stocks closed at an all-time high after Moody’s Ratings upgraded the local and foreign-currency long-term deposit ratings of five leading Pakistani banks to…
The PlayStation DualSense controller and PlayStation 5 console.Jakub Porzycki | Nurphoto | Getty ImagesPlayStation 5 game consoles will cost $50 more in the U.S. starting this week, Sony announced on Wednesday.The price for an entry-level PlayStation 5 Digital Edition will increase from $450 to $500, and a PlayStation 5 with a disc drive is going up to $550 from $500. Sony’s high-end PlayStation 5 Pro will cost $750, up from $700. The PlayStation 5 was first released in 2020.President Donald Trump’s sweeping tariff plan announced in April went into effect earlier this month on most countries. The U.S. currently has…
People walk by a Target store in midtown Manhattan in New York City, March 21, 2025.Kylie Cooper | ReutersWhen Target’s new CEO Michael Fiddelke steps into the role in early February, he will inherit a company facing slumping sales, faltering customer loyalty and skeptical investors.Its fiscal second-quarter results posted Wednesday illustrated the big-box retailer’s key challenges. Sales fell again from the year-ago period. Customer traffic declined. And shoppers spent less on average during their trips to Target’s website and stores than a year ago.Those results extended a rocky several years for Target, which has tested the faith of many investors.…
Karachi grappled with yet another bout of torrential rain that left streets submerged, power disrupted and traffic paralysed on Tuesday and Wednesday. Residents turned to humour to cope with the deluge. Social media timelines flooded almost as quickly as the city’s roads, with memes poking fun at submerged cars, traffic jams and the struggle of navigating knee-deep water on the streets. Read: NDMA puts Karachi on flood alert as heavy rains pound city again For many, satire became a survival tool, a way to process yet another monsoon with urban flooding and disruptions to daily life. But behind the jokes lies…
Private renewable energy projects are still moving forward despite a pullback in government support, and new technology is making that construction more efficient. Solar farms, for example, take meticulous planning and surveying, involve long hours and require significant labor. Now, robots are taking on the job.CivDot is a four-wheeled robot that can mark up to 3,000 layout points per day and is accurate within 8 millimeters. The machine can ride over rugged terrain and work through rough weather. It is the brainchild of California-based Civ Robotics.”Our secret sauce and our core technology is actually in the navigation and the geospatial…