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Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, delivers an important address at the fourth plenary session of the 20th CPC Central Committee in Beijing, capital of China. The 20th Central Committee of the CPC convened its fourth plenary session in Beijing from Monday to Thursday. (Xinhua/Xie Huanchi)BEIJING, Oct. 23 (Xinhua) — The 20th Central Committee of the Communist Party of China (CPC) convened its fourth plenary session in Beijing from Monday to Thursday.Participants at the session deliberated over and adopted the Recommendations of the CPC Central Committee for Formulating the 15th Five-Year Plan for…

Critics say constitutional tweaks have increased executive’s influence over judiciary ISLAMABAD: Retired Supreme Court judges are likely to call for the constitution of a full court to hear petitions challenging the 26th Constitutional Amendment, which critics say has increased the executive’s influence over the judiciary. It is learnt that some retired judges – including a former chief justice of Pakistan from Sindh – are deliberating on issuing a public statement urging the Constitutional Bench (CB) to constitute a full court to hear the petitions. Sources told The Express Tribune that a senior lawyer with a strong reputation among the bench…

European Commission President Ursula von der Leyen speaks, while sat with U.S. President Donald Trump, after the announcement of a trade deal between the U.S. and EU, in Turnberry, Scotland, Britain, July 27, 2025. Evelyn Hockstein | ReutersRelations between the U.S. and European Union have been thorny this year with differences over how to support Ukraine, trade tensions and tariffs, dominating a tense period of diplomacy between the power blocs.But, in a somewhat ironic twist of the ongoing Ukraine war, a shared sense of frustration and suspicion of Russia’s refusal to come to the negotiating table has brought the U.S.…

American Airlines posted a smaller-than-expected loss for the third quarter, and its outlook for the rest of the year came in ahead of Wall Street forecasts, sending the stock higher.American expects to earn between 45 cents and 75 cents per share in the fourth quarter, above the 31 per share cents analysts expected. That brought American’s full-year earnings guidance to between 65 cents and 95 cents per share, well above the projected 43 cents per share Wall Street forecast. The carrier expects its fourth-quarter capacity to grow between 3% and 5% over the same period last year.Read more CNBC airline…

ISLAMABAD: The Election Commission of Pakistan (ECP) on Wednesday officially granted the Punjab government a four-week deadline to finalise new delimitations for the upcoming local government elections. In an official letter addressed to the Punjab chief secretary, the ECP secretary confirmed that the extension was approved following a request from the provincial government. The letter also cautioned that failure to complete the task within the stipulated time would result in the matter being taken up directly by the commission. The matter will be taken up for hearing before the commission after four weeks. The ECP stated that the directive stems…

Krisanapong Detraphiphat | Moment | 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.Lawyers to the wealthy are advising clients to ramp up their charitable giving this year to take advantage of tax advantages that will decline in 2026.President Donald Trump’s sweeping tax-and-spending bill included provisions that reduce the tax benefits of charitable giving for high earners. Since the provisions don’t take effect until next year, advisors to wealthy donors are recommending they frontload or “bunch”…

Alibaba announced plans to release a pair of smart glasses powered by its AI models. The Quark AI Glasses are Alibaba’s first foray into the smart glasses product category.AlibabaAlibaba on Thursday announced pricing for its upcoming artificial intelligence glasses and launched a new chatbot powered by its latest AI models.The Chinese technology giant said the Quark AI Glasses will go on pre-sale on Oct. 24 on Alibaba’s e-commerce platform Tmall. The pre-sale price will start at 4,699 Chinese yuan ($659.4) but after applying various discounts, will cost 3,999 yuan.Alibaba will begin shipping the product from December.The Hangzhou-headquartered firm also unveiled…

This drone photo taken on Oct. 23, 2025 shows the all-electric bulk carrier Gezhouba in Yichang, central China’s Hubei Province. China’s biggest all-electric bulk carrier, named Gezhouba, was launched on Thursday in Yichang, central China’s Hubei Province, marking a key milestone in the country’s green and intelligent shipping sector. The vessel, with a length of nearly 130 meters and a maximum load capacity of over 13,000 tonnes, is equipped with 12 lithium battery power units providing total energy capacity of 24,000 kWh. Its developer said this vessel allows for rapid battery swapping and boasts a range of 500 kilometers. (Xinhua/Xiao…

Prime Minister Shehbaz Sharif. Photo: File ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday held an important meeting with Members of Parliament and political leaders from Khyber-Pakhtunkhwa to discuss the country’s overall political landscape and review the progress of ongoing development projects in the province. The meeting, held at the Prime Minister’s Office, focused on federal efforts to boost socioeconomic development in K-P and enhance coordination between the center and provincial stakeholders, a Prime Minister’s Office news release said. Prime Minister Shehbaz reiterated the government’s commitment to equitable development across all regions, emphasizing that Khyber Pakhtunkhwa remains a key priority in…

Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025.Tom Brenner | The Washington Post | Getty ImagesThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Flat tireAll eyes were on Tesla yesterday, when the electric vehicle maker became the first Magnificent Seven company to report earnings for the new season. Investors weren’t impressed: Though quarterly revenue was higher than a year ago, snapping two down quarters, earnings per…