Last update: Mon, 08 Feb 2016 11pm

Business & Finance

LATAM Airlines says no Brazil sales impact yet from Zika worries

2016-02-08 15:05:19

SANTIAGO: Concerns over the Zika virus have not affected ticket sales at LATAM Airlines' TAM Brazilian unit, the regional carrier said on Monday. "So far, there has been no impact on reservations at TAM due to the cases of Zika virus in Brazil an


National Bank of Egypt offers to buy CI Capital for 1bn Egyptian pounds

2016-02-08 14:58:02

CAIRO: The National Bank of Egypt's subsidiary Al Ahly Capital has submitted a non-binding offer to buy 100 percent of Commercial International Bank's CI Capital for 1 billion Egyptian pounds ($127.71 million), CIB said on Monday. CI Capital


South African bonds weaken in broader risk aversion

2016-02-08 12:59:12

JOHANNESBURG: South African bond yields rose on Monday, ending a recent rally as new data over the weekend showed China's foreign reserves fell, adding to worries over the growth of the world's second largest economy. Th benchmark paper due i



Canada to unveil plans for new anti-ISIS cooperation

2016-02-08 08:19:40

OTTAWA: Prime Minister Justin Trudeau was set to unveil Monday new plans for Canada's role in the international coalition against the Islamic State group, including his pledge to stop involvement in air strikes.Ottawa's plans to withdraw its


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


Thousands of refugees may enter Britain if it leaves EU: Cameron

2016-02-08 14:58:51

LONDON: Thousands of refugees could flock to Britain from France if voters decide to leave the European Union, a spokesman for David Cameron said on Monday, underlining the prime minister's stance that an exit would hurt security. In what critics



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


Over Rs320.323bn released for developmental projects

2016-02-08 10:15:48

ISLAMABAD: The government has released over Rs320.323 billion for different social sector developmental projects under Public Sector Development Programme (PSDP) 2015-16 against the total allocation of Rs700 billion.According to latest data released



PCB seeks more time in announcing T20 squads

2016-02-08 14:47:28

ISLAMABAD: Pakistan Cricket Board (PCB) on Monday sought a couple of days time from the International Cricket Council (ICC) in announcing squads for the Twenty-20 World Cup and Asia Cup.The T20 World Cup will be held in India from March 8 to April 3


Klopp eager to resume work

2016-02-08 11:02:42

LONDON: Liverpool manager Jurgen Klopp is planning to be back at work on Monday less than 48 hours after an operation to remove his appendix, reports said.The German missed his side's 2-2 draw at home to Sunderland on Saturday as surgery was plan


Pakistan Taekwondo team to leave for India on Wednesday

2016-02-08 10:58:10

ISLAMABAD: Pakistan Taekwondo team will fly to India on Wednesday to participate in the South Asian Games.Talking to APP, Pakistan Taekwondo Federation (PTF), President Col. (R) Waseem Ahmed Janjua said as many as 8 male and 5 female players will be



Sunny Leone meets Aamir Khan?

2016-02-08 12:13:10

The Bollywood actor Aamir Khan has become the newest member of the Sunny Leone fan-club. After has publicly accepted his desire to work with Sunny Leone in movies, now that they were spotted chilling in Delhi on the sets of ‘Dangal’.Sunny Leone,


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



Local investors lead major bourses up but banks dampen Abu Dhabi

2016-02-08 15:01:23

DUBAI: Several major stock markets in the Middle East rose on Monday as local investors bought back shares, though blue-chip banks weighed on Abu Dhabi. Equity markets in the region, where government revenues largely depend on petrodollars, have been


C$ weakens as oil drops, investors shed risky assets

2016-02-08 15:02:41

TORONTO: The Canadian dollar lost further ground against its US counterpart on Monday as a sell-off in stocks and a drop in oil prices weighed on the risk-sensitive commodity currency, while Canada's 10-year yield hit a new record low.Investors s


Egypt's 3-year and 7-year treasury bond yields rise at Monday's auction

2016-02-08 12:43:32

CAIRO: Yields on Egypt's 3-year and 7-year bonds rose at an auction on Monday while the yield on its 1.5-year zero coupon bond fell, data from the central bank showed. The yield on the 1.5-year bond fell to 12.287 percent from 12.306 percent at t