Last update: Sun, 29 May 2016 02pm

Business & Finance

Facebook is now tracking everyone on the internet

2016-05-28 11:09:16

The world’s largest social media platform, Facebook is all set to power advertisers, and has announced to display ads to all web users including those who are not members of its social network.The move was announced by Facebook, from now on it will


Reserve Bank of India to buy 150bn rupees of bonds via OMO on Tuesday

2016-05-27 21:36:47

MUMBAI: Reserve Bank of India will buy 150 billion rupees ($2.2 billion) worth of government bonds under open market operation (OMO) on Tuesday, it said. The RBI will buy 7.28 percent 2019, 7.16 percent 2023, 8.26 percent 2027, 8.28 percent 2032, 8.3


Greek two-year yields post biggest monthly decline since August

2016-05-27 21:12:06

LONDON: Short-dated Greek yields touched six-month lows on Friday, having enjoyed their biggest monthly fall since August after a crucial bailout deal and on hopes Greek debt will be accepted into the ECB's QE programme.The agreement between Gree



US blocks cluster-bomb sales to Saudis: report

2016-05-28 19:13:41

WASHINGTON: The Obama administration has moved to block sales of cluster bombs to Saudi Arabia for use in Yemen, amid reports of mounting civilian casualties there, a US media report said Saturday.The report in the journal Foreign Policy, citing US o


WHO rejects calls to move Olympics over Zika fears

2016-05-28 09:45:11

GENEVA: The World Health Organization has ruled out any change in timing or the location of the upcoming Olympic Games in Rio de Janeiro, shunning a call by doctors and scientists to shift the games over the Zika virus.The UN health body outlined its


WHO rejects call for Olympics to be moved due to Zika

2016-05-28 20:59:13

LONDON: The World Health Organization (WHO) on Saturday rejected a call for the Rio Olympic Games to be moved or postponed due to the threat posed by a large outbreak of Zika virus in Brazil.Responding to a call from more than 100 leading scientists,



Pak-China ties to open new avenues of progress: IIAA

2016-05-28 10:58:59

ISLAMABAD: Islamabad Industrial Area Association (IIAA) President Faridon Khattak Saturday said friendship between Pakistan and China had transformed into a strategic partnership, which would stood for the development and betterment of humankind.The


Pakistan bans airing of 'undesired' contraceptive advertisements

2016-05-28 21:04:48

ISLAMABAD: Pakistan has banned advertisements for contraceptive products on television and radio over concern that they expose inquisitive children to the subject of sex, local media reported on Saturday.The Pakistan Electronic Media Regulatory Autho


Liquid foreign reserves reach US$21,611.7 million

2016-05-26 14:29:47

KARACHI: The total liquid foreign reserves held by the country stood at US$21,611.7 million on 20 May 2016. The break-up of the foreign reserves position is as under:Foreign reserves held by the State Bank of Pakistan (SBP) reached US$16,810.4 millio



Kohli praises Warner ahead of IPL final

2016-05-28 19:19:21

BANGALORE: Virat Kohli Saturday heaped praise on his opposite number David Warner ahead of cricket's Indian Premier League title clash, saying the Sunrisers Hyderabad skipper has come a long way.Kohli, who has been instrumental in leading Royal C


Real 1 Atletico 1 after 90 mins - extra-time in Champions League final

2016-05-28 21:48:46

MILAN: A late equaliser by Atletico Madrid's Yannick Carrasco pushed the Champions League final into extra time on Saturday after Sergio Ramos opened the scoring for ten-time champions Real Madrid on 15 minutes.With the game poised at 1-1 after 9


Serena, Djokovic march on, Thiem impresses at rainy French Open

2016-05-28 21:50:06

PARIS: Top seeds Novak Djokovic and Serena Williams both swept into the last 16 at the French Open on a rain-hit Saturday in Paris, while Dominic Thiem confirmed his status as an outsider to win the men's title.French hopes of a first home win in



Bipasha Basu ‘Finally’ Talks about KSG Failed Marriages

2016-05-27 09:45:22

Bipasha Basu and Karan Singh Grover’s wedding was no less than a fairytale. After a grand wedding celebration and exotic vacations, both actors are back in town. Karan who had been married twice before getting married to the Bollywood diva, has nev


Sidharth Malhotra, Alia Bhatt’s Love Story Soon to Go Public

2016-05-27 10:09:33

Rumoured celebrity couple Alia Bhatt and Sidharth Malhotra, who are currently basking the success of their previous release ‘Kapoor & Sons’ will again romance on-screen in an intense drama ‘Aashiqui 3’, a sequel to 2013 hit ‘Aashiqui 2


Johnny Depp ordered to stay away from wife over abuse claim

2016-05-28 10:15:02

LOS ANGELES: Johnny Depp was hit with a restraining order on Friday after his wife appeared in court with a black eye, accusing the Oscar-nominated star of assaulting her.Amber Heard, who filed for divorce in Los Angeles earlier this week and is seek



Financial and energy shares help push TSX higher

2016-05-27 22:03:25

TORONTO: Canada's main stock index climbed on Friday, helped by strength in the financial services sector and energy companies, with investors focusing on monetary policy commentary from US central bank chief Janet Yellen. Yellen said in a speech


C$ weakens as oil dips, Yellen bolsters US rate hike bets

2016-05-27 22:05:59

TORONTO: The Canadian dollar weakened against its broadly firmer US counterpart on Friday as oil prices fell and after a speech by Federal Reserve Chair Janet Yellen bolstered the case for a US interest rate hike this summer.The US dollar strengthene


US bond prices fall as Yellen hints at rate hike

2016-05-27 20:14:09

NEW YORK: US Treasury prices fell on Friday with short-dated yields spiking up after Federal Reserve Chair Janet Yellen said gradual US interest rate increases would be appropriate if the economy improves further and the labor market tightens. The yi