Bio
Saqib is COO and co-founder at A47 AI, where he runs operations and leads the prediction-markets initiative. He covers crypto, Web3, and the decentralization of the sport and entertainment economy.
Editorial Responsibility
As A47's prediction-markets and crypto editor, I am responsible for our coverage of these markets and Web3 — ensuring it is grounded in real product, data, and revenue rather than speculation.
Previous experience · 14+ years
- · WPP Media (GroupM PK, Wavemaker PH)
- · MYCO
- · ARY Digital Network
Education
MBA Marketing, SZABIST
Areas of expertise
Categories overseen
Stories from Saqib Pathan’s desk
8638 stories- Business· World
ABB Ltd. Raises Revenue Guidance Amid Surge in Data Center Orders
ABB Ltd. has upgraded its revenue growth forecast following a significant increase in orders for its power-grid products, particularly from data centers. This shift is driven by strong demand in the data center sector, prompting the company to revise its expectations from a previous range of 6% to 9% to a high single-digit to low double-digit percentage growth. The long-term implication suggests that ABB is well-positioned for sustained growth as data center investments continue to rise.
3 sourcesApr 22Moderate
- Business· World
Evoke in Talks for £225 Million Takeover by Bally’s Intralot
Evoke is currently negotiating a £225 million takeover offer from Bally’s Intralot, which represents a significant premium over its recent stock price. This move is prompted by Evoke's urgent need for financial rescue due to its heavy debt burden. If successful, the acquisition could stabilize Evoke and enhance Bally’s position in the competitive UK gambling market.
3 sourcesApr 22Low
- Business· World
HiPP Recalls Baby Food in Central Europe Due to Rat Poison Contamination
On April 19, 2026, HiPP GmbH recalled all jarred baby food sold at SPAR supermarkets in Austria after rat poison was detected in tampered samples. The immediate trigger for this recall was a customer report of a suspicious jar, leading to laboratory tests that confirmed the presence of bromadiolone. This incident raises long-term concerns about food safety and the potential for extortion schemes targeting food manufacturers in Europe.
6 sourcesApr 22Low
- Business· World
USA Rare Earth acquires Brazil's Serra Verde Group for $2.8 billion
USA Rare Earth has announced its acquisition of Brazil's Serra Verde Group for $2.8 billion, enhancing its supply chain amid rising geopolitical tensions. This strategic move is driven by the need to strengthen operations in the rare earth market, particularly in light of U.S.-China relations. The long-term implication is that USA Rare Earth is likely to pursue further acquisitions to solidify its competitive edge in the global rare earth sector.
4 sourcesApr 22High
- Economy· World
UK economy faces potential job losses of 250,000 amid Iran war fallout
The UK economy is on the brink of recession, with projections indicating a potential loss of 250,000 jobs due to the economic fallout from the Iran war. This situation is triggered by an oil price shock and declining business confidence, exacerbated by the ongoing conflict. Long-term implications include a pressing need for government intervention to stabilize the economy and protect jobs as unemployment rates are expected to rise significantly.
3 sourcesApr 22Low
- Business· World
Associated British Foods to Spin Off Primark Amid Market Pressures
Associated British Foods has announced plans to demerge its budget fashion retailer Primark from its food operations. This decision is driven by concerns over consumer spending due to ongoing conflicts in the Middle East and aims to maximize shareholder returns. The long-term implication is that both Primark and ABF's food operations may focus more effectively on their core markets, potentially leading to improved performance in their respective sectors.
5 sourcesApr 22Low
- Economy· World
UK unemployment rate drops to 4.9% amid geopolitical tensions
The UK's unemployment rate has fallen to 4.9%, the lowest since last summer. This unexpected decline comes despite warnings of potential job losses due to the ongoing conflict in the Middle East. The long-term implication suggests that while the labor market appears to improve, external pressures may lead to significant challenges ahead.
3 sourcesApr 22High
- Economy· World
Canada shifts trade strategy to reduce reliance on the U.S.
Prime Minister Mark Carney of Canada has announced a new trade strategy aimed at decreasing economic dependence on the United States. This shift is triggered by a need to diversify trade relationships and attract foreign investments, as highlighted in Carney's recent video address. The long-term implication is that Canada may redefine its economic landscape by pursuing new trade agreements with various nations.
4 sourcesApr 22Moderate
- Economy· World
Job losses escalate in UK and Iran amid ongoing Iran conflict
Mass redundancies are reported in both Iran and the UK as the conflict involving Iran, the US, and Israel intensifies. The immediate cause is the economic uncertainty stemming from the war, prompting businesses to cut jobs in response to potential energy shocks. Long-term implications suggest that the labor market will continue to face challenges as geopolitical tensions evolve and may lead to further economic deterioration in affected regions.
3 sourcesApr 22Low
- Economy· World
France freezes government spending amid €6 billion budget impact from Iran war
France has announced a freeze on government spending to address a projected budget impact of up to €6 billion due to the ongoing war in Iran. The immediate trigger for this decision is the uncertainty surrounding the economic effects of the conflict, prompting precautionary measures from the government. In the long term, this situation may lead to significant adjustments in France's economic policies as it seeks to balance fiscal discipline with support for its citizens and businesses.
3 sourcesApr 22Moderate
- Business· World
Lufthansa cancels 20,000 flights to address rising jet fuel costs
Lufthansa has announced the cancellation of 20,000 short-haul flights this summer as part of its strategy to mitigate the impact of soaring jet fuel prices. This decision comes amid ongoing discussions among European transport ministers regarding jet fuel shortages and their implications for the airline industry. In the long term, this move may prompt other European airlines to implement similar cost-cutting measures to maintain profitability amidst volatile fuel prices.
4 sourcesApr 22High
- Business· World
Tim Cook announces resignation as Apple CEO effective September 2026
Tim Cook has announced his resignation as CEO of Apple, effective September 2026. This decision comes as Cook's 15-year tenure has been scrutinized for its balance between user privacy advocacy and international concessions. The transition in leadership is likely to influence Apple's future direction, particularly regarding its privacy policies and global market strategies.
3 sourcesApr 22Very High
- Business· World
Karex Bhd plans 20% to 30% price increase for condoms due to Iran war supply chain disruptions
Karex Bhd, the world's largest condom manufacturer, has announced a potential price increase of 20% to 30% in response to supply chain disruptions caused by the ongoing Iran war. The immediate trigger for this decision is the heightened demand and dwindling stock levels faced by customers amid rising freight costs and shipping delays. Long-term implications may include sustained price increases for essential consumer goods as geopolitical tensions continue to affect global supply chains.
3 sourcesApr 22High
- Economy· World
UK Inflation Rises to 3.3% Driven by Petrol Price Surge Amid US-Iran Conflict
UK consumer price inflation accelerated to 3.3% in March 2026, up from 3.0% in February, primarily due to rising petrol and diesel costs. This increase is triggered by the oil price shock resulting from the ongoing US-Iran war, which has disrupted Middle East oil supplies. The long-term implication is that the Bank of England may face increased pressure to adjust monetary policy as it struggles to meet its 2% inflation target.
11 sourcesApr 22Low
- Economy· World
European natural gas prices decline following U.S.-Iran cease-fire extension
European natural gas prices fell as the U.S.-Iran cease-fire was extended. This extension has eased fears of immediate conflict escalation, prompting cautious optimism in some markets. However, ongoing uncertainty regarding the peace talks in Iran continues to loom over the market, influencing investor sentiment and pricing strategies.
3 sourcesApr 22Low
- Economy· World
Oil Prices Rise Over 6% Due to Escalating U.S.-Iran Tensions in Strait of Hormuz
Oil prices surged more than 6% on April 20, 2026, following gunfire incidents and a U.S. seizure of an Iranian tanker in the Strait of Hormuz. The immediate trigger for this spike was the renewed hostilities and the effective closure of the strait, which has disrupted a significant portion of global oil supplies. Long-term implications include potential sustained high oil prices and increased geopolitical tensions in the region as the U.S. maintains its naval blockade and Iran threatens retaliation.
10 sourcesApr 22High
- Economy· MENA
Global Oil Prices Decline Amid US-Iran Peace Talk Anticipation
On April 21, 2026, Brent crude and West Texas Intermediate oil futures fell over 1% as markets anticipated peace negotiations between the US and Iran in Pakistan. This decline was triggered by optimism surrounding a potential ceasefire extension or broader agreement to end the US blockade of Iranian ports, following recent tensions including Iran's closure of the Strait of Hormuz. Long-term implications may include fluctuating oil prices and potential stabilization in fuel costs for oil-exporting nations like the UAE, depending on the outcome of the talks.
13 sourcesApr 22Low
- Business· World
Polymarket Negotiates $400 Million Funding at $15 Billion Valuation
Polymarket is in advanced talks to raise $400 million at a $15 billion post-money valuation as of April 20, 2026. This development follows significant investments from Intercontinental Exchange (ICE), which has already invested over $1.6 billion since October 2025 amid a surge in trading volumes. The long-term implication is that this funding could enhance Polymarket's product offerings and market position in the rapidly growing prediction market sector.
6 sourcesApr 22Moderate
- Economy· World
U.S. Energy Secretary Confirms Gasoline Prices Have Peaked Amid Iran War Disruptions
U.S. Energy Secretary Chris Wright announced that national gasoline prices peaked around April 14, 2026, at $4.02 per gallon, slightly down from the previous week. This declaration follows ongoing disruptions caused by the Iran war, particularly shipping restrictions in the Strait of Hormuz. The long-term implication suggests that gasoline prices may remain elevated above $3 per gallon until 2027, impacting consumer spending and energy policy discussions ahead of the November midterms.
9 sourcesApr 22Moderate
- Business· World
California Attorney General accuses Amazon of price-fixing in antitrust lawsuit
California's Attorney General has filed a legal document alleging that Amazon pressured brands to raise prices on competing retail websites. This accusation is part of an ongoing antitrust lawsuit against Amazon, which was initially filed in 2022 and is set to go to trial next year. The outcome of this case could significantly reshape Amazon's business practices and its relationships with vendors and competitors in the retail sector.
5 sourcesApr 22Moderate