Author: i2wtc
Listen to article Israel has attacked Houthi targets in three Yemeni ports and a power plant, the Israeli military said early on Monday, marking the first Israeli attack on Yemen in almost a month. The strikes on Hodeidah, Ras Isa and Salif ports, and Ras Qantib power plant were carried out by Israel, the military added. Hours after the strikes, the Israeli military said two missiles were launched from Yemen and attempts were made to intercept them, but the results of interception were still under review. The Israeli ambulance service said it had not received any calls regarding missile impacts or casualties…
Two young men stand inside a shopping mall in front of a large illuminated Apple logo seen through a window in Chongqing, China, on June 4, 2025.Cheng Xin | Getty ImagesApple on Monday appealed what it called an “unprecedented” 500 million euro ($586 million) fine issued by the European Union for violating the bloc’s Digital Markets Act.”As our appeal will show, the EC [European Commission] is mandating how we run our store and forcing business terms which are confusing for developers and bad for users,” the company said in a statement. “We implemented this to avoid punitive daily fines and…
Stone lions are pictured at Lugou Bridge in Beijing, capital of China, July 4, 2025. The Museum of the War of Chinese People’s Resistance Against Japanese Aggression will reopen on July 8, offering admission fee-free and reservation-free visits to the public.An exhibition themed “For National Liberation and World Peace” was launched here on Monday to commemorate the 80th anniversary of the victory in the Chinese People’s War of Resistance Against Japanese Aggression and the World Anti-Fascist War, which will open to public from July 8.The museum is located near Lugou Bridge — also known as Marco Polo Bridge — where…
Listen to article Justice Inam Amin Minhas of the Islamabad High Court (IHC) on Monday heard multiple petitions seeking the annulment of the controversial Prevention of Electronic Crimes Act (PECA) Amendment Act 2025. The petitions were filed by the Pakistan Federal Union of Journalists (PFUJ), prominent TV anchors, and the Islamabad High Court (IHC) Journalists Association. The federal government has submitted its written response to the court. A government lawyer stated that provincial governments have also been made respondents in the case. Lawyer Imran Shafiq told the court that an initial objection raised by the Registrar’s Office had been resolved. During the…
CoreWeave founders Brian Venturo, at left in sweatshirt, and Mike Intrator slap five after ringing the opening bell at Nasdaq headquarters in New York on March 28, 2025.Michael M. Santiago | Getty Images News | Getty ImagesArtificial intelligence hyperscaler CoreWeave said Monday it will acquire Core Scientific, a leading data center infrastructure provider, in an all-stock deal valued at approximately $9 billion. Coreweave stock fell about 4% on Monday while Core Scientific stock plummeted about 20%. Shares of both companies rallied at the end of June after the Wall Street Journal reported that talks were underway for an acquisition.The deal…
Treasury Secretary Scott Bessent on Monday said the Trump administration will make “several” trade-related announcements in the next 48 hours, signaling imminent progress even as U.S. tariff deadlines appear to be shifting.Speaking on CNBC’s “Squawk Box,” Bessent also declined, yet again, to rule out the possibility that he could serve as the next chair of the U.S. Federal Reserve, if President Donald Trump asks him to.Bessent said foreign trade officials are rushing to make deals with the United States before July 9, when high tariff rates on dozens of countries’ goods are set to snap back into effect.”We’ve had a…
Key PointsAfter a slow spring, investment firms of the ultra-rich made 60 direct investments in June, according to Fintrx.Family offices flocked to biotech and health-care firms such as Antheia, seeking to make an impact and returns at the same time.Antheia founder Christina Smolke told CNBC’s Inside Wealth family offices’ patient capital makes them a good fit for investing in scientific breakthroughs.A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. For investment firms of the ultra-wealthy,…
Listen to article Israeli air and ground attacks have killed at least 24 Palestinians across the Gaza Strip on Monday, according to medical sources cited by Al Jazeera. Hospitals across the enclave continue to report growing casualties amid ongoing strikes. An Israeli airstrike hit a clinic in Gaza City used as a shelter by displaced Palestinians, killing at least six people and wounding several others. Witnesses described scenes of devastation and bloodshed inside the facility. A Palestinian inspects the damage in the aftermath of an overnight Israeli strike on Al-Remal clinic where displaced people take shelter, in Gaza City on July 7,…
White House trade advisor Peter Navarro chastised Apple CEO Tim Cook on Monday over the company’s response to pressure from the Trump administration to make more of its products outside of China.”Going back to the first Trump term, Tim Cook has continually asked for more time in order to move his factories out of China,” Navarro said in an interview on CNBC’s “Squawk on the Street.” “I mean it’s the longest-running soap opera in Silicon Valley.”CNBC has reached out to Apple for comment on Navarro’s criticism.President Donald Trump has in recent months ramped up demands for Apple to move production…
The Chengdu 2025 World Games-themed installation is seen on Renmin South Road in Chengdu, southwest China’s Sichuan Province, on April 29, 2025. (Xinhua/Wang Xi)CHENGDU, July 7 (Xinhua) — With one month to go until the opening of the 12th World Games, Chengdu, capital of southwest China’s Sichuan Province, is entering the final stages of preparation for the premier global event for non-Olympic sports. Venue readiness, volunteer training and public engagement are all progressing steadily.FINAL PREPARATIONSAt the Chengdu Hi-Tech Zone Sports Center Public Fitness Gymnasium – the venue for squash and racquetball competitions – the installation of temporary seating and lighting…