Last update: Tue, 09 Feb 2016 12pm

Business & Finance

Sanofi pledges stable 2016 earnings despite headwinds

2016-02-09 07:08:49

PARIS: Sanofi reported lower fourth-quarter earnings on Tuesday, hurt by declining sales in key divisions such as diabetes, oncology and prescription drugs, but said it expected 2016 earnings per share to be stable. The French drugmaker said fourth-q


Stimulus and oil responsible for eurozone growth: ECB

2016-02-08 20:51:28

PARIS: The uncertainties threatening the global economy are not coming from the eurozone, where growth is essentially due to stimulus and cheap oil, a European Central Bank official said Monday."The eurozone is not part of the problem," ECB executive


Bond prices rally on falling stocks, global growth worries

2016-02-08 20:25:38

NEW YORK: US Treasury prices rose on Monday, with the yield on the 10-year note reaching a one-year low, as falling stocks and renewed concerns about slowing global growth increased investor appetite for safe-haven government debt.Treasury yields sli



New Hampshire goes to the polls in crucial US vote

2016-02-09 06:58:50

MANCHESTER: New Hampshire heads to the polls Tuesday in the crucial first US presidential primary with Donald Trump pledging to bounce back and Hillary Clinton looking to narrow the gap on Bernie Sanders.The small northeastern state, home to just 1.3


First Zika-linked deaths reported in Colombia

2016-02-06 08:45:28

BOGOTA: The mosquito-borne Zika virus sweeping through Latin America has claimed three lives in Colombia, as the United Nations urged increased access to abortion because of fears of severe birth defects.In the first direct statements from government


Turkey's Erdogan threatened to flood Europe with migrants: Greek website

2016-02-08 20:06:36

BRUSSELS: Turkish President Tayyip Erdogan threatened in November to flood Europe with migrants if European Union leaders did not offer him a better deal to help manage the Middle East refugee crisis, a Greek news website said on Monday.Publishing wh



Weekly inflation falls 0.31pc

2016-02-08 10:26:58

ISLAMABAD: The weekly inflation for the week ended on February, 04 for the combined income group fell by 0.31 percent as compared to the previous week.The Sensitive Price Indicator (SPI) for the week under review in the above mentioned group was reco


Smartwatch future in Pakistan bright

2016-02-08 10:50:31

ISLAMABAD: The revolution of smartphones stepping into market has provided a great level of convenience to people involved in social, technical and even economical activities.The introduction of smart watches is further convenient option one can poss


SBP auctions GoP Ijara Sukuk of Rs 11.6257bn

2016-02-08 19:39:34

KARACHI: State Bank of Pakistan (SBP) on Monday auctioned Government of Pakistan Ijara Sukuk (GIS-FBR) amounting Rs 11.6257 billion through its designated primary dealers.The cut-off fixed rental rate is 6.10 percent, said SBP statement.Copyright APP



Sammy feels for cricket-starved Pakistan fans

2016-02-08 19:57:24

DUBAI: West Indies Twenty20 captain Darren Sammy Monday said he felt sad for Pakistan cricket fans who are deprived of watching international stars on home grounds due to security fears in the country.Pakistan have been facing international cricket h


Derby call halt to Clement experiment

2016-02-08 20:35:40

LONDON: Former Chelsea assistant Paul Clement has been sacked as Derby manager after just eight months in charge, the Championship club announced on Monday.Clement was only appointed to the role last year after earning rave reviews during his spells


James triple-double leads Cavs over Kings

2016-02-09 06:36:49

LOS ANGELES: Cleveland superstar LeBron James posted his 40th career triple-double -- and his first this season -- to lead the Cavaliers to a 120-100 NBA win over the reeling Sacramento Kings on Monday.James had 21 points, 10 rebounds and 10 assists



Bananas may help detect, cure skin cancer: study

2016-02-08 19:27:35

PARIS: The black spots on old banana peels may unlock a faster, easier diagnosis of human skin cancer, boosting survival chances, scientists said Monday.When bananas ripen, their skin is covered in small, round black spots caused by an enzyme known a


OMG Anushka slapped Salman Khan

2016-02-08 10:03:37

Bollywood superstar Salman Khan has finally to get down into a major fight with his lead actress Anushka Sharma.According to Bollywood life report, Anushka Sharma slapped Salman Khan while shooting for a fight sequence in the movie, (As the script de


Rihanna album at US number one after unusual release

2016-02-08 08:28:48

NEW YORK: Rihanna's long-awaited album "Anti" hit number one Sunday on the US chart after an unusual roll-out that included two commercial tie-ups."Anti," the first album since 2012 by the Barbados-born superstar, which was released January 27 af



Australia shares hit 2 1/2 year trough, NZ down in line with global rout

2016-02-09 07:13:10

SYDNEY: Australian shares fell to a 2 1/2-year low on Tuesday, joining a slump in global markets as sliding oil prices weighed on energy stocks and concerns about the health of banks reignited worries over global growth. The S&P/ASX 200 index dro


Sri Lankan rupee forwards steady; IMF concerns weigh

2016-02-09 07:07:43

COLOMBO: Sri Lankan rupee forwards traded steady on Tuesday as mild importer dollar demand offset selling of the greenback by banks, while a statement from the International Monetary Fund urging the country to reduce its fiscal deficit weighed on sen


Japan 10-year bond yield goes negative for first time

2016-02-09 06:41:36

TOKYO: The yield on Japan's 10-year government bond dropped below zero Tuesday, in a first for a G7 country as panicked investors flee a bloodbath on equity markets.The note's effective return slipped to -0.005 percent in the afternoon, conti