Author: i2wtc

The International Masters Cricket (IMC) Over 40s T20 Cricket World Cup has been rescheduled to November to avoid a clash with the National Games slated for December in Karachi, the Pakistan Veterans Cricket Association (PVCA) said on Thursday. The veteran’s cricket tournament was scheduled from Dec 1-13 and was being organised by PVCA. Last month, the Pakistan Cricket Board (PCB) had approved the use of Karachi’s National Stadium for 19 out of 56 matches. Meanwhile, Sindh Chief Minister Murad Ali Shah announced in May that Karachi would host the 35th National Games from December 6-13 after it was postponed from…

A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024.Scott Olson | Getty ImagesEli Lilly on Thursday said the highest dose of its daily obesity pill helped patients lose almost 12% of their body weight, or roughly 27 pounds, at 72 weeks in a late-stage trial, paving way for its entrance into the market.The pill’s weight loss was 11.2% when analyzing all patients regardless of discontinuations.Shares of the company fell more than 7% in premarket trading on Thursday.The data comes under what some Wall Street analysts were expecting for Eli…

Listen to article WASHINGTON: US President Donald Trump on Wednesday ordered steeper tariffs on Indian goods over New Delhi’s continued purchase of Russian oil, opening a new front in his trade wars just hours before another wave of duties takes effect. An additional 25-percent tariff on Indian goods, set to come into place in three weeks, stacks atop a separate 25-percent duty entering into force Thursday, taking the level to 50 percent for many products. Trump’s order also threatens penalties on other countries who “directly or indirectly” import Russian oil, a key revenue source for Moscow’s war in Ukraine. Exemptions remain however…

A Burger King restaurant with the slogan ”Flame Grilling Since 1954” is seen in Vienna, Austria, on June 7, 2025. Michael Nguyen | NurPhoto | Getty ImagesRestaurant Brands International on Thursday reported mixed quarterly results, as same-store sales declines for Popeyes were offset by strong demand internationally and at Tim Hortons.Here’s what the company reported for the period ended June 30 compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: 94 cents adjusted vs. 97 cents expectedRevenue: $2.41 billion vs. $2.32 billion expectedRestaurant Brands reported second-quarter net income attributable to shareholders of $189…

ISLAMABAD: Eighteen members of the National Assembly (MNAs), recently reinstated to reserved seats, are now awaiting the release of their salaries accumulated during their year-long suspension. The National Assembly Secretariat is facing uncertainty over whether the reinstated lawmakers are entitled to receive salaries for the period they were de-notified. The secretariat has sought advice from the Finance Department on the matter, and a final decision is expected during the ongoing NA session following approval from the speaker. As of January 2025, the monthly salary for an MNA stands at Rs730,000. If the pending payments are approved, each of the 18…

RIYADH: Holders Al Hilal will be banned from the 2026-27 Saudi Super Cup if they qualify after withdrawing from this season’s four-team competition, the Saudi Arabia Football Federation’s (SAFF) Disciplinary and Ethics Committee said on Tuesday. The decision came after Al Hilal pulled out of the Super Cup, scheduled to be played from Aug 19-23 in Hong Kong, citing player fatigue following their Club World Cup campaign. They lost 2-1 to Fluminense in the quarter-finals on July 4. “Al Hilal refused to participate in the Saudi Super Cup for the 2025-2026 season after the official schedule for the competition was…

ISLAMABAD: Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar on Wednesday called for a strategic overhaul to boost skilled labour exports. The DPM chaired a high-level meeting to review Pakistan’s Emigration, Overseas Employment, and Technical and Vocational Education and Training (TVET) Policy, with a focus on aligning the country’s workforce with global market demands, a DPM’s Office news release said. DPM Dar stressed the urgent need to invest in high-quality skill development, diversify into new employment sectors, and explore untapped international destinations for Pakistani workers. He highlighted the importance of aligning Pakistan’s human capital with international demand…

PORT OF SPAIN: West Indies have recalled all-rounder Romario Shepherd for the three-match One-day International series against Pakistan with coach Darren Sammy hoping that positive results will strengthen their case for an automatic spot at next year’s ODI World Cup. The squad retained the core of players who secured recent home series victories over England and Bangladesh at the end of 2024, as well as the tour of the United Kingdom earlier this year. The West Indies are aiming for a fourth consecutive home ODI series win Shepherd returning to the side — led by Shai Hope — for the…

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan, on Wednesday, July 16, 2025.Kiyoshi Ota | Bloomberg | Getty ImagesSoftBank Group on Thursday reported fiscal first-quarter profit that topped expectations, driven by gains in its Vision Fund tech investment arm.The Japanese giant reported 421.8 billion yen ($2.87 billion) in the quarter ended June, versus 127.6 billion yen expected, according to LSEG consensus estimates. It is the second straight quarter of profit for SoftBank. The company reported a 174.28 billion yen loss in the same period last year.In the fiscal…

ISLAMABAD: The National Assembly on Wednesday adopted a resolution strongly condemning the unlawful acts of so-called honour killings. Moved by Shahida Rehmani, it emphasized zero tolerance for such acts and proposed the formation of an interprovincial task force for coordinated action to curb these crimes. The house also reaffirmed Pakistan’s historic and unwavering support for the Palestinian people and their struggle for freedom, dignity and justice. The resolution, moved by PPP lawmaker Shazia Marri, expressed deep concern over the continuing and escalating Israeli military aggression in Gaza, which has resulted in the killing of civilians and widespread destruction of homes…