Author: i2wtc
CANADA’S Summer McIntosh competes during the World Aquatics Championships 200m butterfly final at the World Aquatics Championships Arena on Thursday.—Reuters SINGAPORE: Summer McIntosh came within a whisker of breaking a long-standing world record and Leon Marchand failed to improve on a new mark he set just a night earlier, but both young guns won gold medals at the world championships in Singapore on Thursday. Romania’s David Popovici also flirted with a record on day five at the World Aquatics Championships Arena, the 20-year-old claiming a thrilling 100 metres freestyle gold to go with his 200 crown on day three. The…
A worker inside a residential building under construction in the Las Palmas neighborhood of Medellin, Colombia, on Wednesday, July 16, 2025.Esteban Vanegas | Bloomberg | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.Homebuilding has long been one of the slowest industries to modernize, and commercial construction isn’t far behind. Its scale is enormous, and yet…
Pakistan beat the West Indies in their opening T20 international on Friday as their spin bowlers inflicted the damage in a 14-run victory to extend a miserable run for the West Indies. The Pakistani spin specialists halted the West Indies’ chase of 179 to ease to a 14-run victory under the lights in Lauderhill, Florida. Saim Ayub posted a half-century and his teammates produced a steady flow of runs as the West Indies slumped to a sixth T20 defeat in a row, having been whitewashed 5-0 by Australia on home soil earlier in July. When Jason Holder dismissed Ayub for…
The Moderna logo is seen in Warsaw, Poland, on April 9, 2025.Jakub Porzycki | Nurphoto | Getty ImagesModerna on Friday lowered the high end of its 2025 revenue outlook due to a delay in vaccine shipments to the U.K., but beat Wall Street’s expectations for the second quarter as it works to cut costs.Shares of Moderna fell more than 6% in premarket trading on Friday.The biotech company now expects full-year revenue to come in between $1.5 billion and $2.2 billion, down $300 million at the top of that range. The results come a day after Moderna announced plans to slash…
Amazon CEO Andy Jassy looks on during an Amazon Devices launch event in New York City, U.S., February 26, 2025. REUTERS/Brendan McDermidBrendan Mcdermid | ReutersAmazon on Thursday reported second-quarter earnings that beat expectations on most metrics, but the results weren’t good enough to please Wall Street. Amazon stock slid following the release and throughout the conference call. Shares were down about 7% Friday.Profit guidance was weaker than expected, while cloud growth underwhelmed investors.That overshadowed an otherwise upbeat report that included strong revenue and profits, steady retail growth and a 23% increase in advertising sales. Amazon also offered a rosy revenue…
Two children are pictured at Guiyang North Railway Station in Guiyang, southwest China’s Guizhou Province, Aug. 1, 2025. This year’s summer travel rush will last for 62 days from July 1 to Aug. 31. From July 1 to 31, the country’s railways had handled 441 million passenger trips with an increase of 4.3 percent year-on-year, and the daily average number of passenger trips was 14.213 million, according to China State Railway Group Co., Ltd.The summer travel rush is usually a busy season for the railway network as college students return home and families travel. (Photo by Zhang Wei/Xinhua)This photo taken…
Listen to article ISLAMABAD: As the government is tightlipped on the fine points of the US-Pakistan trade deal, background discussions suggest Washington might have gained market access at zero tariffs in return for investing in critical sectors and giving Islamabad favourable treatment compared to regional peers. Field Marshal Asim Munir’s meeting with President Donald Trump and Pakistani negotiators’ positive approach towards resolution of the issue before the August 1 deadline played a role in securing a better and early deal. Tariffs on Pakistani exports will be lower than regional competitors from South Asia and Southeast Asia, mainly India, Vietnam and Indonesia. Pakistan’s…
An electric air taxi by Joby Aviation sits at the Downtown Manhattan Heliport in New York City, Nov. 12, 2023.Roselle Chen | ReutersJoby Aviation and defense manufacturing giant L3Harris announced a partnership Friday to develop a next-generation military craft that can be piloted or fly autonomously.The partnership brings together Joby’s hybrid vertical take-off and landing, or VTOL, aircraft and L3’s expertise in military systems and certification.The companies expect to begin testing this fall, followed by operational demonstrations in 2026, according to the release.”Conflicts like Russia, Ukraine, are really changing how people think about, you know, low altitude aviation generally,” Joby…
Listen to article ISLAMABAD: The government on Thursday slashed the price of petrol by Rs7.54 per litre while raising that of high-speed diesel (HSD) by Rs1.48 per litre for the next fortnight. The HSD price increase will come into effect from August 1, 2025. However, it has reduced the price of petrol for the next fortnight that will remain effective till August 15. The finance ministry in a statement said that the Government of Pakistan’s Finance Division has announced new petroleum product prices that will be effective from August 1, 2025. It said that the price changes were determined after reviewing international…
CANADA’S Summer McIntosh competes during the World Aquatics Championships 200m butterfly final at the World Aquatics Championships Arena on Thursday.—Reuters SINGAPORE: Summer McIntosh came within a whisker of breaking a long-standing world record and Leon Marchand failed to improve on a new mark he set just a night earlier, but both young guns won gold medals at the world championships in Singapore on Thursday. Romania’s David Popovici also flirted with a record on day five at the World Aquatics Championships Arena, the 20-year-old claiming a thrilling 100 metres freestyle gold to go with his 200 crown on day three. The…