Author: i2wtc
Exterior view of Macy’s herald square store in New York City, on November 28, 2025. Kena Betancur | Afp | 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. Shopping aroundMacy’s beat Wall Street’s top- and bottom-line expectations for the third quarter this morning, posting its strongest growth in more than three years. The department store operator’s results are only one of several recent data points investors have received on the state of the U.S. consumer.Here’s what to know:Despite the strong results,…
Pakistan’s renewed dominance of squash was cemented in the latest global rankings as former world junior champion Hamza Khan reached a career high ranking of 86, while compatriots Noor Zaman and Ashab Irfan also improved their standings. Hamza jumped 14 spots in the PSA World Rankings to reach the career milsetone on December 1. The 20-year-old was something of a globe-trotter this year as he competed across Australia and Spain over the summer, then France in November, before returning to Pakistan. He reached the quarter-finals of the Swarmer South Australian Open in May before clinching the Northern Star Resources Golden…
Levi Strauss CEO Michelle Gass was out for a run in San Francisco last March when she first heard the song “Levii’s Jeans” from Beyonce’s latest album, “Cowboy Carter.” “Literally, I got chills,” Gass recounted to CNBC, adding the name check represented a “once in a lifetime” marketing opportunity she couldn’t afford to squander. “She is one of the most celebrated and influential artists of our time … We asked the question, ‘Could there be something more?'” Six months later, Levi announced Beyonce would star in a new global marketing campaign. Then, a pattern that’s repeated itself since Levi invented blue jeans…
People practice skiing at a ski resort in Jizhou District, north China’s Tianjin, Dec. 2, 2025. In recent years, authorities in Jizhou District of Tianjin, which sits on the east section of the Yanshan Mountain, have been boosting ice and snow tourism by exploring local resources and improving service infrastructure. (Xinhua/Zhao Zishuo)People ski at a ski resort in Jizhou District, north China’s Tianjin, Dec. 2, 2025. In recent years, authorities in Jizhou District of Tianjin, which sits on the east section of the Yanshan Mountain, have been boosting ice and snow tourism by exploring local resources and improving service infrastructure.…
ISLAMABAD: Prime Minister Shehbaz Sharif has reiterated that the protection of fundamental rights of all citizens, especially persons with disabilities (PDs) and vulnerable segments and the provision of equal facilities to all, were among the government’s top priorities. In a message on the “International Day of Persons with Disabilities (IDPD)”, being observed on December 3, he said the Government of Pakistan fully acknowledged the importance of safeguarding the rights of persons with disabilities and was working diligently to protect them. “The Constitution of Pakistan guarantees equal rights and participation for all citizens. People with disabilities are a key part of…
Australia all-rounder Glenn Maxwell on Tuesday ruled himself out of this month’s Indian Premier League (IPL) auction to all but end a 13-year journey in the lucrative T20 tournament. The 37-year-old joined Punjab Kings for $467,000 ahead of the previous edition but disappointed with 48 runs and four wickets in seven matches, before a finger injury. The auction for the 2026 edition is scheduled for December 16 in Abu Dhabi. “After many unforgettable seasons in the IPL I’ve decided not to put my name into the auction this year,” Maxwell wrote on social media. “It’s a big call and one…
ISLAMABAD: The Islamabad High Court (IHC) has ordered the High Education Commission (IHC)the authority that regulates universities and degree awarding institutions in the countryto present the educational record of IHC judge Tariq Mehmood Jahangiri. A division bench of the court comprising Chief Justice Sardar Muhammad Sarfraz Dogar and Justice Muhammad Azam Khan on Tuesday issued this order while hearing a petition, accusing Justice Jahangiri of having a dubious law degree. During the hearing, the court asked about the whereabouts of the court-appointed amicus curiae. Barrister Zafarullah Khan informed the bench that he was present in compliance with the court’s directions.…
French satellite group Eutelsat, often seen as Europe’s answer to Elon Musk’s Starlink, saw its share price plummet Wednesday following a report that Japanse investor SoftBank cut its stake in the company. Shares in Eutelsat were last trading 7.2% lower as of 4.41 a.m. ET.The moves come following a Reuters report that SoftBank has sold 36 million rights, corresponding to around 26 million shares and around half their stake in the satellite operator.Eutelsat is the owner of the satellite internet provider OneWeb, which it merged with in 2023 in a bid to challenge Starlink’s dominance in the market.But the French…
Farhan Yousuf was named Pakistan’s skipper for the upcoming ACC U19 Asia Cup with Usman Khan his deputy, the Pakistan Cricket Board (PCB) announced on Tuesday. The 50-over, eight-team tournament will be held in Dubai from December 12-21. Pakistan are in Group ‘A’ alongside India, Qualifier 1 and Qualifier 3, while Group ‘B’ comprises Afghanistan, Bangladesh, Qualifier 2 and Sri Lanka. The tournament will provide Pakistan side with preparations ahead of the ICC U19 World Cup, which is set to be co-hosted by Zimbabwe and Namibia from January 15 to February 6 2026, the national board said. At the last…
PAF shot down multiple advanced Indian jets, including Rafales, Su-30MKIs, Mirage 2000s, MiG-29sChief of Air Staff Air Chief Marshal Zaheer Ahmed Baber Sidhu. Photo: YouTube ISLAMABAD: Chief of Air Staff Air Chief Marshal Zaheer Ahmed Baber Sidhu said on Tuesday that the Pakistan Air Force (PAF) stunned the world with its decisive and coordinated response during the May 2025 conflict with India. Addressing the passing-out parade at the PAF Academy in Risalpur, the air chief described PAF operations during Marka-e-Haq and Bunyanum Marsoos as a first-of-its-kind full-spectrum, multi-domain engagement. He said Marka-e-Haq demonstrated Pakistan’s emergence as a regional stabiliser. “We…