Author: i2wtc
Rishi Sunak on the grid before the F1 Grand Prix of Great Britain on July 06, 2025 at Silverstone Circuit in Northampton, England.Bob Kupbens | Icon Sportswire | Getty ImagesFormer U.K. Prime Minister Rishi Sunak is set to rejoin Goldman Sachs as a senior adviser, the bank announced Tuesday, a year after his Conservative Party suffered a major election loss.”I am excited to welcome Rishi back to Goldman Sachs in his new capacity as a Senior Advisor,” David Solomon, chairman and CEO of Goldman Sachs, said in a statement.”In his role, he will work with leaders across the firm to…
Indian Prime Minister Narendra Modi arrives at the White House to meet with U.S. President Donald Trump on Feb. 13, 2025 in Washington, DC.Andrew Harnik | Getty Images News | Getty ImagesElon Musk’s X said Tuesday that the Indian government ordered the company to block 2,355 accounts, including Reuters, in the country.”The Ministry of Electronics and Information Technology demanded immediate action- within one hour- without providing justification, and required the accounts to remain blocked until further notice,” X’s global government affairs account posted.The main Reuters account, along with ReutersWorld, was blocked Saturday for users in India, the news service said.…
A top White House economic advisor on Tuesday likened the odds that President Donald Trump’s tariffs will lead to higher prices to those of a meteorite striking earth.”Rare events happen. We get pandemics or, or meteors or whatever,” said Stephen Miran, chairman of Trump’s Council of Economic Advisers, on CNBC’s “Squawk Box.”But “there’s just no evidence thus far of it happening,” Miran said.Anchor Melissa Lee noted that Miran was equating tariff price increases with extremely rare events.”I don’t mean to be dismissive,” he replied. “All I mean to say is that prediction is difficult, and we should always speak in terms of…
Boeing 737 MAX airliners are pictured at the company’s factory in Renton, Washington, on Sept. 12, 2024.Stephen Brashear | APBoeing delivered 60 airplanes last month, the most since December 2023, as the plane maker seeks to raise production of its bestselling 737 Max jets after a series of manufacturing and safety problems.The tally was the highest since before a door plug from one of its new 737 Max 9 planes blew out midair in January 2024, sparking a new crisis for the company and slowing production and deliveries of aircraft. Of the monthly total, 42 were 737 Maxes, going to…
ISLAMABAD: The inaugural round of the additional secretary-level mechanism between the foreign ministries of Pakistan and Afghanistan was held in Islamabad on Monday, with the Pakistani side urging “concrete actions” against terrorist groups operating from Afghan soil. The new mechanism was established following an understanding reached during Pakistan’s deputy prime minister and foreign minister’s visit to Kabul on April 19, according to a Foreign Office statement. The Pakistani delegation was led by Additional Secretary (Afghanistan & West Asia) Ambassador Syed Ali Asad Gillani, while the Afghan side was headed by Mufti Noor Ahmad Noor, Director General of the First Political…
ISLAMABAD: The Supreme Court has ruled that confessional statements made by an accused while in police custody and recorded by the media are inadmissible in court, warning that such media-facilitated confessions can undermine the presumption of innocence and irreparably damage the accused and the judicial process. “A confession made by such an accused while in custody of a police officer cannot be proved against him/her unless made in the immediate presence of a Magistrate,” states the 25-page judgment authored by Justice Athar Minallah. The bench was hearing a criminal appeal in which the accused, earlier sentenced to death by the…
A view of the Internal Revenue Service (IRS) building in Washington, D.C., U.S., April 11, 2025. Jonathan Ernst | ReutersThe IRS said in a new federal court filing that churches can endorse political candidates without risking the loss of their tax-exempt status.The move upends a 70-year interpretation of the U.S. tax code, whose Johnson Amendment has barred non-profit groups, including churches, from endorsing political candidates without putting their tax-exempt status in jeopardy.”Communications from a house of worship to its congregation in connection with religious services through its usual channels of communication on matters of faith do not run afoul of the…
Kirk Tanner, then chief executive officer of North America beverages for PepsiCo Inc., speaks during the Bloomberg Power Players Summit in Miami, Florida, U.S., on Friday, Jan. 31, 2020. Marco Bello | Bloomberg | Getty ImagesWendy’s CEO Kirk Tanner has been named the new chief executive of The Hershey Company, effective August 18.Tanner will replace Michele Buck, who is retiring after almost 20 years at Hershey, including almost eight as CEO.Tanner joined Wendy’s in 2024 after more than 30 years at PepsiCo, including leading the company’s North American beverages unit. His move to Hershey marks a return to the consumer packaged…
This photo taken on July 7, 2025 shows an exterior view of the memorial hall commemorating the Hundred-Regiment Campaign in Yangquan, north China’s Shanxi Province. The Hundred-Regiment Campaign took place in northern China from August 1940 to January 1941 during the Chinese People’s War of Resistance Against Japanese Aggression. (Xinhua/Zhan Yan)This photo taken on July 7, 2025 shows an interior view of the memorial hall commemorating the Hundred-Regiment Campaign in Yangquan, north China’s Shanxi Province. The Hundred-Regiment Campaign took place in northern China from August 1940 to January 1941 during the Chinese People’s War of Resistance Against Japanese Aggression. (Xinhua/Zhan…
ISLAMABAD: In a major shake-up, the government seeks dynamic private sector talent to revamp key ministries, inviting experts to lead federal secretaries’ posts in economic affairs, finance, and energy, signalling a significant shift beyond traditional bureaucracy. The government has issued advertisement over the weekend to hire seven “dynamic” private sector individuals for the posts of federal secretaries. However, the advertisement did not name the divisions, the qualification criteria and job descriptions. Prime Minister Shehbaz Sharif has also constituted a ministerial committee, headed by Deputy Prime Minister Ishaq Dar, to finalise new nominees for appointment of Grade-22 bureaucrats as executive directors…