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Technicians stand next to an oil rig which is manufactured by Megha Engineering and Infrastructures Limited (MEIL) at an Oil and Natural Gas Corp (ONGC) plant, during a media tour of the plant in Dhamasna village in the western state of Gujarat, India, August 26, 2021. Amit Dave | ReutersU.S. President Donald Trump added further pressure to India on Wednesday by bumping up tariffs to 50% — but calls for India to immediately stop buying Russian oil could cause global crude prices to spike, industry sources told CNBC.Trump has accused India of “fueling” Russia’s war machine and said the country is…

Listen to article The Pakistan Stock Exchange (PSX) remained unstoppable on Wednesday as the KSE-100 index surged past 145,000 points, marking a new milestone in its record-shattering drive. The momentum was largely driven by banks and optimism about a positive outcome of the recent Pakistan-US trade agreement. KTrade Securities analyst Ahmed Sheraz commented that the stock market continued its bullish streak, with the KSE-100 index gaining 2,051 points (+1.43%) day-on-day to close at a new all-time high of 145,088. Banks remained the key driver of the rally. The surge was mainly fuelled by the Pakistan-US trade agreement, signalling potential foreign investment. Additionally,…

OpenAI CEO Sam Altman speaks during the US Federal Reserve Board of Governors’ “Integrated Review of the Capital Framework for Large Banks Conference” at the Federal Reserve in Washington, DC, on July 22, 2025. Mandel Ngan | AFP | Getty ImagesOpenAI on Wednesday announced it will offer its ChatGPT Enterprise product to U.S. federal agencies for $1 through the next year, making its technology available to the federal executive branch workforce at “essentially no cost.”The company has been working to deepen its ties to lawmakers and regulators in recent months, and it will open its first office in Washington, D.C.,…

This image from video provided by the U.S. Army via DVIDS shows the entrance to Fort Stewart in Georgia on Nov. 18, 2021.Staff Sgt. Daniel Guerrero/U.S. Army via APFive soldiers were shot Wednesday after an active shooter opened fire at Fort Stewart military base in east Georgia, the Army said.The shooter has been “apprehended” by law enforcement and there is currently no active threat to the community, according to a post from the fort’s verified Facebook account.All of the soldiers were “treated on-site and moved to Winn Army Community Hospital for further treatment,” the post said.The base, less than an…

Packages of M&M’s milk chocolate candy are stacked at a Costco Wholesale store in San Diego, California, on July 12, 2025.Kevin Carter | Getty Images News | Getty ImagesCandy maker Mars said Wednesday it has partnered with biotech company Pairwise to speed up the development of more resilient cocoa using CRISPR-based gene editing technology.The agreement gives the M&M’s maker access to Pairwise’s Fulcrum platform, which includes a library of plant traits, and gives Mars the ability to tailor its crops to be stronger and more sustainable.CRISPR is a gene-editing tool that makes fast and precise changes to DNA. In farming,…

US President Donald Trump on Wednesday signed an executive order imposing an additional 25% tariff on goods imported from India, doubling the total tariff to 50%, the White House said. The move comes in response to India’s continued direct and indirect imports of oil from the Russian Federation, which the administration said undermines US foreign policy and economic interests. According to the order, all articles imported into the United States from India will now be subject to an additional ad valorem duty of 25 per cent. Also Read: US releases report on Titan submersible implosion “The President has determined it…

Pavlo Gonchar | SOPA Images | Lightrocket | Getty ImagesMatch Group shares popped more than 10% on Wednesday after the online dating company issued upbeat guidance and said new products are showing promise as it attempts to turnaround its business.The Dallas-based company said it expected revenues between $910 million and $920 million in the current quarter, beating a $890 million estimate from analysts polled by FactSet.”We are operating like a company that is just getting started, and we believe the best chapters of the category and company are still ahead,” said CEO Spencer Rascoff during an earnings call Tuesday. “We are moving with urgency, we are obsessed with the product…

Pakistan women need 143 to win the first Twenty 20 International (T20I) against Ireland on Wednesday to continue their winning momentum in the lead up to the World Cup next month. Skipper Fatima Sana was the pick of the bowlers for the Green Shirts at the Clontarf Cricket Club Ground in Dublin, getting four wickets for 26 as the team look to kickstart a packed international calendar — featuring two white-ball World Cups — with a winning performance after bowling the Irish side out for 142. Sadia Iqbal, the number one-ranked T20I bowler in the world, started her spell by…

Staff members cut a flood-toppled tree with a chainsaw in Dinghu District of Zhaoqing City, south China’s Guangdong Province, Aug. 6, 2025. China’s national commission for disaster prevention, reduction and relief on Wednesday initiated a Level-IV emergency response in Guangdong Province due to heavy rainfall and severe flooding, according to the Ministry of Emergency Management. The southern province has been experiencing heavy rain since the beginning of the week, with the provincial meteorological observatory alarming about geological disasters, urban waterlogging and mountain torrents. (Xinhua/Xiao Ennan)BEIJING, Aug. 6 (Xinhua) — China’s national commission for disaster prevention, reduction and relief on Wednesday…

Apple CEO Tim Cook, left, and President Donald Trump speak to the press during a tour of the Flextronics computer manufacturing facility in Austin, Texas, where Apple’s Mac Pros are assembled, Nov. 20, 2019.Mandel Ngan | AFP | Getty ImagesApple CEO Tim Cook will join President Donald Trump on Wednesday for an event touting what the White House calls a new $100 billion investment commitment by the tech giant in the U.S.The announcement in the Oval Office, set for 4:30 p.m. ET, includes Apple’s commitment to a new “American Manufacturing Program,” a White House official confirmed to CNBC.With the new…