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US air traffic snarled

Airlines canceled 1,500 US flights during the peak holiday travel period Friday, with severe winter storm warnings and heavy snow forecast across parts of the Midwest and northeast. More than 40 million Americans were under winter storm warnings or weather advisories one day after Christmas, plus another 30 million under flood or storm advisories in … Read more

Wall St hovers near record highs

[ BENGALURU: US stock indexes hovered near all-time highs in thin post-Christmas trading on Friday, supported by signs of a resilient economy and renewed investor interest in AI-related companies. The benchmark S&P 500 hit an intraday record high before pulling back slightly, while the blue-chip Dow Jones Industrial Average was about 0.5% from its December … Read more

Short-term inflation jumps 2.8%

[ KARACHI: The year-on-year (YoY) increase in Pakistan’s Sensitive Price Indicator (SPI) eased to 2.83% for the week ended December 24, 2025, reflecting continued short-term inflationary pressure, according to data released by the Pakistan Bureau of Statistics (PBS). On a week-on-week (WoW) basis, the SPI decreased 0.09%, indicating a marginal fall in the cost of … Read more

Shanghai’s elderly waltz back to the past at lunchtime dance halls

this photo taken on december 11 shows couples dancing at the paramount ballroom in the jing an district of shanghai photo afp

Establishments such as the historic Paramount Ballroom are time capsules from the 1930s This photo taken on December 11 shows couples dancing at the Paramount Ballroom in the Jing’An district of Shanghai. Photo: AFP SHANGHAI: A group of retirees cheered under disco lights as 60-year-old Xu Li leapt into her partner’s arms, her legs spread … Read more

Digital payments lag regional peers

[ Ahmad described PRISM+ as a “strategic asset” that will enable the country’s payment systems to meet future demands, support innovation, and enhance financial stability. Photo: File KARACHI: Pakistan’s drive towards a cashless economy is gaining momentum, but deep-seated structural challenges continue to slow the adoption of digital payments, according to industry leaders and a … Read more

PSX surges past 172k on heavyweight buying

[ Foreign funds would divert their liquidity into buying Pakistan’s stocks. This would merely increases prices of shares and be profitable for those who already hold stocks. PHOTO: FILE KARACHI: The Pakistan Stock Exchange (PSX) ended the final trading session of the week on a firm footing, with bullish sentiment driving the benchmark KSE-100 index … Read more

Why We Are Going to the Fastest-Melting Glacier

Why We Are Going to the Fastest-Melting Glacier

new video loaded: Why We Are Going to the Fastest-Melting Glacier How much time does the Thwaites Glacier in Antarctica have left? Our reporter Raymond Zhong and our photographer Chang W. Lee are joining scientists and engineers who measure how much sea levels could rise as a result of melting ice. By Raymond Zhong, Chang … Read more

Trump’s Christmas gospel: bombs, blessings and blame

people read newspapers reporting on us airstrikes against islamic state militants in lagos nigeria photo reuters

US president has long claimed credit for restoring ‘Merry Christmas’ to public life People read newspapers reporting on US airstrikes against Islamic State militants in Lagos, Nigeria. Photo: Reuters WASHINGTON: Christmas under Donald Trump brought air strikes abroad and political threats at home, as the US president used the holiday to project a vision of … Read more

PM orders turnaround outreach as exports dip 38%

High energy costs, falling farm yields squeeze exporters as industry warns rupee stability cannot be sustained LAHORE: Prime Minister Shehbaz Sharif is worried over declining exports and has directed the government to engage the business community for a turnaround, Federal Minister for National Food Security and Research Rana Tanveer Hussain said on Friday at the … Read more