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Compassionate Eye Foundation/david Oxberry | Digitalvision | Getty ImagesA 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.Family offices have been investing with more caution since President Donald Trump’s tariff announcement in early April, according to a recent survey released by RBC Wealth Management and research firm Campden Wealth.In a poll of 141 investment firms of ultra-wealthy families in North America, the majority (52%) of respondents said cash and other liquid assets would offer the best returns over…
This photo taken on Oct. 24, 2025 shows the combination of the Shenzhou-21 crewed spaceship and a Long March-2F carrier rocket to be transferred to the launching area. The Shenzhou-21 crewed spaceship will be launched at an appropriate time in the near future, the China Manned Space Agency (CMSA) said on Friday. The combination of the spaceship and a Long March-2F carrier rocket has been transferred to the launching area, according to the CMSA. All facilities and equipment at the launch site are in good condition, while various pre-launch function checks and joint tests will be carried out as planned.…
Punjab government officially enforces the Local Government Act 2025, repealing the Local Government Act 2022 ISLAMABAD: The Election Comission Pakistan (ECP) on Thursday brushed aside criticism over its decision to postpone local government elections in Punjab, stating that such objections reflect a lack of understanding of the Constitution and the law. A spokesperson for the Election Commission stated that, under Article 140-A of the Constitution, each provincial government is mandated to enact its own local government legislation and establish the corresponding rules and regulations. In accordance with Section 219 of the Elections Act 2017, the Election Commission is empowered to…
Boxes of Tide Pods dishwasher detergent are displayed at a Costco Wholesale store on July 12, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty ImagesProcter & Gamble on Friday reported fiscal first-quarter earnings and revenue that beat analysts’ expectations, lifted by higher demand for its beauty and grooming products.However, the company warned that it expects higher costs from tariffs in fiscal 2026, which began this month. Despite what CEO Jon Moeller called a “challenging consumer and geopolitical environment,” P&G reiterated its forecast for all-in sales and earnings for the fiscal year.Shares of the company rose about 2%…
Dar thanks Poland for supporting Pakistan’s election to UNSC, seeks support for Pakistan’s GSP Plus status in EUPolish Deputy Prime Minister Sikorski and Deputy Prime Minister Ishaq Dar Photo: X ISLAMABAD: Pakistan and Poland on Thursday reaffirmed their commitment to strengthening bilateral cooperation in diverse areas, including trade, energy, defence, education, technology, and fintech. The commitment was expressed by the Deputy Prime Minister and Foreign Minister Ishaq Dar and Polish Minister for Foreign Affairs Radoslaw Sikorski during a joint press stakeout here. The two sides expressed satisfaction over the positive trajectory of Pakistan-Poland relations and emphasized the need to further…
In this photo illustration, iPhone screens display various social media apps on the screens on February 9, 2025 in Bath, England.Anna Barclay | Getty Images News | Getty ImagesThe European Commission, the executive arm of the European Union, said on Friday that it had preliminarily found both TikTok and Meta in breach of its transparency rules.It accused the U.S. tech giants of breaching their obligation to give researchers “adequate access” to public data under the Digital Services Act (DSA) — the EU’s landmark tech legislation.”The Commission also preliminarily found Meta, for both Instagram and Facebook, in breach of its obligations to provide users…
File photo of a Toyota Vigo. PHOTO: MITULA CARS KARACHI: The PPP’ Sindh government has requested the federal government to transfer armoured vehicles rejected by the provincial administration of K-P. The Sindh Home Department on Thursday requested the Ministry of Interior to allocate the vehicles turned down by the K-P. “In view of the critical security environment in Sindh, particularly with regards to the protection of Chinese nationals as well as the security of foreigners, the VVIPs and dignitaries visiting the province, there exists a pressing need for bulletproof vehicles. “It is, therefore, requested that these bulletproof vehicles may kindly…
This photo taken on Oct. 24, 2025 shows the combination of the Shenzhou-21 crewed spaceship and a Long March-2F carrier rocket to be transferred to the launching area. The Shenzhou-21 crewed spaceship will be launched at an appropriate time in the near future, the China Manned Space Agency (CMSA) said on Friday. The combination of the spaceship and a Long March-2F carrier rocket has been transferred to the launching area, according to the CMSA. All facilities and equipment at the launch site are in good condition, while various pre-launch function checks and joint tests will be carried out as planned.…
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday announced a new electricity pricing plan for industrial and agricultural consumers, setting the rate at Rs23 per unit under a subsidy-neutral, cost-plus method. The benefit, however, will apply only to 25% additional consumption compared to the previous year. According to officials who negotiated with the International Monetary Fund (IMF), the lender has imposed strict conditions on both the use and duration of the package. The ‘Roshan Maeeshat Electricity Package’ will remain in effect for three years without any rollover option. The reduced tariff will expire if combined industrial and agricultural demand fails to…
The PTI founder’s family and party have repeatedly accused prison authorities of “sabotaging” meetings with him ISLAMABAD/RAWALPINDI: Khyber-Pakhtunkhwa Chief Minister Sohail Afridi was not allowed on Thursday to meet Pakistan Tehreek-e-Insaf (PTI) founder and former Prime Minister Imran Khan despite a court order. The Islamabad High Court directed the Adiala jail superintendent to implement a March 24 order that reinstated the twice-a-week meeting schedule for the former prime minister Imran Khan. However, the jail authorities did not allow a meeting with the incarcerated prime minister, forcing the chief minister to leave Rawalpindi. The directive came as a larger bench, led…