Author: Press Room

KARACHI: A building collapse caused by an explosion in Pakistan’s southern megacity of Karachi killed at least 16 people on Thursday (Feb 19), including children, officials said.More than a dozen people were injured in the incident in the Soldier Bazaar neighbourhood of Karachi at around 4am local time, when Muslim families start preparing sehri, the pre-sunrise meal eaten during Ramadan.”Sixteen people, including women and children, have been killed and 13 others injured,” the provincial rescue agency’s spokesman Hassan Khan told AFP.The three-storey building located in the crowded neighbourhood collapsed after an “unknown” explosion, he said. “Apparently it was a gas…

BY THE NUMBERSSpending on AI is forecast to skyrocket to $2.5 trillion in 2026, dwarfing even the largest scientific and infrastructure projects.Listen to this article | 7 minsinfoWorld leaders and tech executives are convening in New Delhi for the India-AI Impact Summit 2026, focusing on the role of artificial intelligence in governance, job disruption and global collaboration.However, behind these discussions lies the financial reality. Over the past decade, AI has drawn one of the largest waves of private investment in modern history, totalling trillions of dollars.According to Gartner, a United States-based business and technology insights company, worldwide spending on AI is forecast…

NEWYou can now listen to Fox News articles! On Sunday in a busy stretch of restaurants and boutiques in the West Village, hundreds of New Yorkers queued up outside a pop-up shop offering free groceries. “New Yorkers are in pain,” Nick from Queens, New York, one of several people Fox News Digital interviewed outside the pop-up, said as he waited to grab pasta sauce, bath soap and a bag of Tide Pods. The scene was underscored by the city’s cost of living woes and anxiety over who would get a yellow ticket granting entry to the small shop before they “sold out”…

NEWYou can now listen to Fox News articles! United States figure skater Ilia Malinin may have been favored to take home medals entering the 2026 Milan Cortina Games, but he admitted not being well-prepared to do so.Malinin, nicknamed the “Quad God” for the quadruple axel that he could perform in his routine, shockingly fell multiple times in the men’s free skate final, finishing eighth in the event. The result was surprising to fans and pundits, but Malinin has since had time to reflect on what went wrong in Milan.During an appearance on the “Today” show Tuesday, he was candid with…

Crypto platform Hyperliquid has entered Washington’s policy arena, launching a new advocacy group focused on influencing decentralized finance regulation in the United States. Hyperliquid’s initiative reflects growing industry efforts to ensure decentralised finance, blockchain infrastructure, and derivatives markets are included in future regulatory frameworks. The organisation plans to engage policymakers directly as blockchain platforms expand their presence across financial systems and trading markets. Policy launch The Hyperliquid Policy Center launched on Wednesday in Washington, DC, naming crypto lawyer Jake Chervinsky as founder and chief executive. https://twitter.com/jchervinsky/status/2024116520427651480 He previously served as legal head at crypto venture firm Variant and held a…

Check out the companies making headlines in midday trading. Wingstop — Shares of the chicken wing chain jumped about 13% on an upbeat outlook . Wingstop said it sees flat to low-single-digit domestic same-store sales growth for fiscal 2026. In the fourth quarter, the company’s same-store sales declined 5.8% on a year-over-year basis, coming in better than the 6.7% slide analysts expected, per StreetAccount. Moody’s — Shares moved 6% higher after the credit-ratings and research company reported a beat on both the top and bottom lines. Its adjusted fourth-quarter earnings came in at $3.64 per share, above the $3.43 a…

NEWYou can now listen to Fox News articles! A former Maine city councilman gave an impassioned speech during a meeting Tuesday in opposition to an emergency ordinance prohibiting city workers from cooperating with federal immigration authorities, which passed anyway. Former Lewiston City Councilor Tim Gallant spoke during a public comment period on the measure, which passed in a 5-2 vote. The City Council heard from both supporters and opponents of the ordinance, which blocks city employees, including police, from working with U.S. Immigration and Customs Enforcement (ICE).ICE MAINE OPERATION NABS 200 AS GOVERNOR SEEKS TO ASK TRUMP TO REMOVE AGENTS Former Lewiston…

Ousted South Korean president Yoon Suk-yeol faces eight separate trial proceedings concerning his martial law declaration in 2024 and ‌other actions.

WASHINGTON/JAKARTA: Indonesian and United States companies on Wednesday (Feb 18) signed deals worth US$38.4 billion ahead of Indonesian President Prabowo Subianto’s meeting with US President Donald Trump to sign a final trade pact, the Indonesian government said in a statement.The 11 deals, signed at a dinner for Prabowo hosted by the US Chamber of Commerce, were for partnerships in mining, energy, agribusiness, textiles, furniture and technology sectors, according to the statement.”We hope to find partners who are ready to join us in our ongoing efforts to modernise and industrialise,” Prabowo said in his speech at the dinner.Prabowo said the deals…

new video loaded: South Korea’s Yoon Sentenced to Life in PrisonYoon Suk Yeol, the former president of South Korea, was sentenced to life imprisonment on Thursday for leading an insurrection when he declared martial law in 2024.By Shawn PaikFebruary 19, 2026