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Staff welcome China Eastern Airlines’ flight MU745, the first direct air route between China and Argentina, at Ezeiza International Airport in Buenos Aires, Argentina, Dec. 4, 2025. China Eastern Airlines’ flight MU745 touched down in Buenos Aires, the capital of Argentina, on Thursday afternoon, marking the official launch of the first direct air route between China and Argentina, according to the carrier. (Xinhua/Zhang Duo)BUENOS AIRES, Dec. 4 (Xinhua) — China Eastern Airlines’ flight MU745 touched down in Buenos Aires, the capital of Argentina, on Thursday afternoon, marking the official launch of the first direct air route between China and Argentina,…
President approves summary sent by PM; COAS to concurrently hold position for five years; Air chief’s tenure extended ISLAMABAD: On the advice of Prime Minister Shehbaz Sharif, President Asif Ali Zardari on Thursday formally appointed Field Marshal Syed Asim Munir, also serving as Chief of Army Staff (COAS), as the country’s first Chief of Defence Forces (CDF), under a newly established military command structure. The much-awaited announcement was made in a statement issued from the Presidency. Under the arrangement, Field Marshal Asim Munir will hold the post of CDF concurrently with his current role as COAS for a five-year term.…
Anthony Noto, CEO of SoFi, speaking with CNBC at the annual Allen & Co. Media and Technology Conference in Sun Valley, Idaho on July 10th, 2025. David A. Grogan | CNBCSoFi shares fell almost 6% in extended trading Thursday after the fintech company announced a $1.5 billion stock offering. The company, which provides online loans and other banking services, said in a press release that it will use the proceeds for “general corporate purposes, including but not limited to enhancing capital position, increasing optionality and enabling further efficiency of capital management, and funding incremental growth and business opportunities.”The announced offering…
The U.S. Supreme Court revived on Thursday a redrawn Texas electoral map designed to add more Republicans to the U.S. House of Representatives, boosting President Donald Trump’s quest for his party to keep control of Congress in the 2026 midterm elections.The justices granted a request by Texas officials to lift a lower court’s ruling that had blocked the state from using the Trump-backed map, which could flip as many as five currently Democratic-held U.S. House seats to Republicans. The lower court concluded that the map likely was racially discriminatory in violation of U.S. constitutional protections.Republicans currently hold slim majorities in both chambers of Congress. Ceding control of either the House or Senate to the Democrats in the November 2026 elections would endanger Trump’s legislative agenda…
Authorities urge public to avoid area, allowing emergency teams to operate efficiently A fire broke out at a garment factory in the Export Processing Zone on Thursday. Thick flames and smoke were witnessed at the site. According to the spokesperson of Rescue 1122 (Sindh), the Central Command and Control received reports of the incident, after which rescue teams, along with ambulances and fire brigade trucks, were immediately dispatched to the site. The spokesperson said that efforts to control the fire are ongoing. No casualties have been confirmed yet, and the cause of the fire remains under investigation. Factory workers were…
Government will hold discussions openly, listen to provinces’ stance, says FinMin The inaugural meeting of the 11th National Finance Commission concluded with parties agreeing to consider Khyber-Pakhtunkhwa’s share in the NFC award after the merger of FATA and PATA into the province. A working group will be formed to review federal and provincial shares. Its first session, originally scheduled for August 27, was postponed several times at the request of the Sindh government and the Prime Minister’s Office Finance Minister Muhammad Aurangzeb described the meeting as an important step for fulfilling constitutional responsibilities. He noted that the term of the…
Lisa Jackson, senior vice president of environment, policy and social initiatives at Apple Inc., speaks during the TechCrunch Disrupt 2017 in San Francisco, California, U.S., on Tuesday, Sept. 19, 2017. David Paul Morris | Bloomberg | Getty ImagesApple’s general counsel, Kate Adams, and its vice president for environment, policy, and social initiatives, Lisa Jackson, are retiring from the company, the iPhone maker announced on Thursday. Jennifer Newstead, Meta’s chief legal officer, will become Apple’s new general counsel in March, and Jackson’s government affairs staff will report to her starting late next year, Apple said. The two executives, who both reported…
US Commerce Secretary Gina Raimondo speaks on the first day of the Democratic National Convention (DNC) at the United Center in Chicago, Illinois, on August 19, 2024. Mandel Ngan | AFP | Getty ImagesCostco said Thursday that it is adding former Biden administration Commerce Department Secretary Gina Raimondo to its board of directors.The announcement came nearly a week after Costco filed a federal lawsuit seeking to recoup money that the retail warehouse club giant has paid so far this year to satisfy the legally disputed tariffs summarily imposed by President Donald Trump.Read more CNBC politics coverage”We are very pleased to nominate…
NEW YORK — Starbucks Workers United held a rally outside the Empire State Building on Thursday as its open-ended strike entered its third week and no signs of an impending resolution.Adding to the crunch of holiday shoppers and tourists, several hundred picketers gathered outside of the famous landmark, which is also the site of a swanky three-floor Starbucks Reserve location and the company’s regional headquarters. Members of other unions, like the AFL-CIO and Service Employees International Union, which is affiliated with Workers United, protested alongside baristas, chanting “No coffee, no contract” and “What’s disgusting? Union busting” between speakers.”Their fight is…
Chinese President Xi Jinping holds a welcome ceremony for French President Emmanuel Macron at the Northern Hall of the Great Hall of the People prior to their talks in Beijing, capital of China, Dec. 4, 2025. Xi held talks with Macron, who is on a state visit to China, in Beijing on Thursday. (Xinhua/Xie Huanchi)BEIJING, Dec. 4 (Xinhua) — Chinese President Xi Jinping and French President Emmanuel Macron on Thursday agreed to enhance political mutual trust, expand practical cooperation, promote people-to-people and cultural exchanges, and advance the reform and improvement of global governance.Macron is on his fourth state visit to…