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Listen to article Prime Minister Shehbaz Sharif on Wednesday reiterated Pakistan’s willingness to engage in a “meaningful dialogue” with India on all outstanding issues, calling for diplomacy to address long-standing regional tensions, Radio Pakistan reported. In a meeting with British High Commissioner Jane Marriott, who called on the premier in Islamabad on Wednesday, he stressed the importance of resolving disputes through peaceful means and reiterated that Pakistan remained committed to constructive engagement with its neighbours. PM Shehbaz expressed satisfaction over the positive trajectory of Pakistan-UK relations and said the recent trade talks between the two countries were expected to yield mutually beneficial…
The Texas Instruments headquarters in Dallas, Texas, US, on Sunday, Jan. 21, 2024. N. Johnson | Bloomberg | Getty ImagesTexas Instruments shares plunged 12% after the automotive and industrial semiconductor supplier warned of ongoing tariff aftershocks.The company said it expects third-quarter earnings between $1.36 and $1.60 per share, a midpoint of $1.48 per share. That fell short of an LSEG estimate of $1.50. Texas Instruments anticipates revenues between $4.45 billion and $4.48 billion. The midpoint of $4.63 billion was slightly ahead of the $4.59 billion expected by analysts.In an earnings call with analysts, CEO Haviv Ilan said the company is…
A Sold sign in front of a home under construction at the Waterways subdivision in Gulf Shores, Alabama, US, on Friday, Dec. 6, 2024. Micah Green | Bloomberg | Getty ImagesReal estate experts are weighing in on a potential end to capital gains tax on home sales — as floated by President Donald Trump this week — and whether it could help unlock the housing market.The capital gains tax on homes hasn’t changed in roughly 30 years, but the National Association of Realtors has been pushing for it. They calculate that 15% of current homeowners would be hit with the…
* China’s Hainan Free Trade Port (FTP) will officially launch an island-wide independent customs operation on Dec. 18, 2025, which marks the anniversary of the milestone Third Plenary Session of the 11th CPC Central Committee in 1978 that ushered in the reform and opening-up, underscores China’s unwavering commitment to high-standard opening-up.* The proportion of tariff lines with zero-tariff products in the Hainan Free Trade Port will increase from 21 percent to 74 percent. Imported products that undergo at least 30 percent value-added processing in Hainan can enter the mainland tariff-free. Certain goods currently banned or restricted nationwide will enjoy open…
Listen to article ISLAMABAD: Pakistan secured a record $26.7 billion in foreign loans during the last fiscal year, nearly half of it in the form of rollovers of previously obtained loans, indicating the country’s deepening dependence on multilateral and bilateral creditors. The $26.7 billion disbursed during the fiscal year 2024-25 was slightly higher than the preceding fiscal year, according to data compiled by the Ministry of Economic Affairs, the State Bank of Pakistan (SBP), and the Ministry of Finance. Of the $26.7 billion in foreign loans, only $3.4 billion or nearly 13% was received for project financing, official details released by the…
Christina Cacioppo, co-founder and CEO of Vanta, speaks at the TechCrunch Disrupt conference in San Francisco on Oct. 29, 2024.David Paul Morris | Bloomberg | Getty ImagesVanta, a startup with software for managing compliance with cybersecurity and privacy standards, said Wednesday that it closed its latest fundraising round at a roughly $4 billion valuation.The $150 million round, which included funding from CrowdStrike’s venture arm, represents a valuation increase from $2.45 billion last year.The jump reflects continued corporate investment in tools designed to limit fallout from cyberattacks. In recent days Microsoft rolled out updates to its SharePoint collaboration software after Chinese…
President Donald Trump discussing a U.S.-Japan trade agreement with a Japanese delegation and top White House aides in the Oval Office, July 22, 2025.Source: @Scavino47 via X | The White HousePresident Donald Trump’s art of the deal seemed to play out in real time Tuesday.Trump on Tuesday night announced on his Truth Social platform what he called a “massive” trade agreement with Japan, which the president said includes a 15% tariff rate and $550 billion in investments. But the details of that deal on a card on Trump’s desk during a meeting with a Japanese delegation and top White House…
A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | ReutersGoldman Sachs and Bank of New York Mellon are set to announce that they’ve created the ability for institutional investors to purchase tokenized money market funds, CNBC has learned.Clients of BNY, the world’s largest custody bank, will be able to invest in money market funds whose ownership will be recorded on Goldman’s blockchain platform, according to executives of the two firms.The project has already signed up fund titans including…
Listen to article LAHORE: Two anti-terrorism courts (ATCs) in Punjab on Tuesday found dozens of PTI leaders and workers — including Dr Yasmin Rashid, Mian Mahmoodur Rasheed, Umar Sarfraz Cheema, Ejaz Chaudhary and Malik Ahmad Khan Bhachar — guilty of aiding and abetting rioting on May 9, 2023 and sentenced them to various prison terms. PTI Vice Chairman Shah Mahmood Qureshi was, however, among the few, who were acquitted of charges in one of the cases registered in Lahore. These were the first verdicts delivered in the rioting cases registered against thousands of PTI leaders, workers and supporters under the country’s anti-terror…
Nisian Hughes | Getty ImagesUber announced a new feature Wednesday that pairs women drivers and riders, in its latest move to address safety on the ride-hailing platform.The new tool, which the platform will begin piloting next month in the U.S., allows women passengers to match with women drivers when booking or pre-booking rides, and create a preference in their app settings. Women drivers can also choose to drive women.”It’s about giving women more choice, more control, and more comfort when they ride and drive,” Camiel Irving, Uber’s vice president of U.S. and Canada operations, said in a release.The company said…