02072016Sun
Last update: Sun, 07 Feb 2016 01pm

Business & Finance

India's Jet Airways posts record quarterly net profit

2016-02-06 11:53:46

NEW DELHI: India's Jet Airways Ltd said on Saturday its December quarter net profit rose more than seven times, with sharply lower fuel costs helping the carrier post a third consecutive quarterly gain following a series of losses. Jet, India'

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Russia additional expenditure seen at approx 600bn roubles in 2016

2016-02-06 11:56:37

MOSCOW: Russia's additional budget expenditure, including support to ailing state development bank Vnesheconombank (VEB), will amount to approximately 600 billion roubles this year, Russian Finance Minister Anton Siluanov said on Saturday.Siluano

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JGBs mostly higher, 10-year yield edges near zero

2016-02-05 11:06:53

TOKYO: Japanese government bond prices soared on Friday, with the benchmark 10-year yield edging near zero percent after Japanese share prices plunged on a rise in the yen, undermining any benefits from the Bank of Japan's negative interest rates

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World

Trump, Rubio likely targets in 8th Republican presidential debate

2016-02-06 12:02:45

MANCHESTER: Donald Trump and Marco Rubio could be top targets for rivals' fire on Saturday when seven Republican White House hopefuls take the stage in New Hampshire for their eighth debate, just days before the state's high-stakes primary. B

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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

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UK Labour leader backs staying in EU

2016-02-06 23:37:16

LONDON: Britain's opposition Labour leader Jeremy Corbyn said Saturday that staying in the European Union was in the country's best interests.The left-wing veteran, who has displayed a eurosceptic streak throughout his political life, said hi

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Pakistan

12 exporters attends World Food Moscow Show to improve trade with Russia: TDAP

2016-02-05 09:48:20

ISLAMABAD: Trade Development Authority of Pakistan (TDAP) has arranged participation of 12 exporters from agricultural sector in World Food Moscow exhibition to improve volume of trade with Russia.The other objective of the participation was to help

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Cellular mobile subscription shows upward trend, reaches 125.899mn

2016-02-06 09:19:59

ISLAMABAD: The cellular mobile subscribers base in the country after Biometrics Verification is showing upward trend and reached 125.899 million at end of December 2015.The subscribers base was 124.24 million by November last year and during one mont

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Pak forex figure $20.27508bn

2016-02-04 15:01:41

KARACHI: Total liquid foreign exchange reserves of the country stand at dollars 20.27508 billion, said State Bank of Pakistan (SBP).SBP's weekly statement here on Thursday said the foreign reserves held by State Bank on January 29, amounted $ 15,

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Sports

Netherlands look to rekindle World T20 love affair

2016-02-06 23:39:10

AMSTERDAM: The Netherlands on Saturday named a 15-man squad for the 2016 World Twenty20 in India, looking to rekindle the triumphs of 2009 and 2014 when they shocked England.Key to their hopes will be all-rounder Logan van Beek who took 3-9 from two

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Torres grabs 100th Atletico goal in win over Eibar

2016-02-06 23:38:22

MADRID: Substitute Fernando Torres scored his 100th Atletico Madrid goal as they rallied from 1-0 down to beat visiting Eibar 3-1 and go level with Barcelona at the top of La Liga on Saturday.Two headed goals from corner kicks seven minutes apart by

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Willett leads in Dubai as McIlroy makes late charge

2016-02-06 20:32:59

DUBAI: Briton Danny Willett shot a sparkling third-round 65 to lead the Dubai Desert Classic on Saturday and Rory McIlroy stayed in contention to retain his title with a late surge.The world number two conjured up six birdies over the closing holes t

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Entertainment

When Kapil Sharma returns?

2016-02-06 12:16:10

The King of Comedy, Kapil Sharma had quit ‘Comedy Nights with Kapil’ but speculations are rife that Kapil Sharma and his team have inked a deal with Sony for their brand new comedy show.In fact, actor Sunil Grover who played ‘Gutthi’ in ‘Co

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SRK to land up in trouble again

2016-02-06 08:05:39

Bollywood super star Shah Rukh Khan has faced since his comment last year comes from the Vishwa Hindu Parishad (VHP) which is protesting the ongoing shooting of his upcoming movie ‘Raees’ in Gujarat.According to DNA India report, Vishwa Hindu Par

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'Intizar Hussain towering personality of literature'

2016-02-03 13:25:23

MULTAN: Diction used by different female characters in novels of iconic writer Intizar Hussain is beautiful and decent.He also highlighted strong belief of women in superstitions through female characters besides their other behaviours.Head of Urdu D

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Markets

European stock markets stable at open

2016-02-05 12:33:38

LONDON: Europe's main stock markets were steady in initial trading on Friday, at the end of another volatile week for equities.London's FTSE 100 benchmark index gained 0.1 percent to 5,903.5 points compared with Thursday's close.In the eu

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EM ASIA FX-Weekly Asia FX gains seen ahead of US jobs data

2016-02-05 11:20:25

SINGAPORE: Most emerging Asian currencies rose on Friday ahead of US jobs data due to be released later in the global day, leaving them set to post another week of gains on speculation that the Federal Reserve will raise interest rates more slowly th

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Argentina offers $6.5bn to 'holdout' creditors

2016-02-06 09:24:53

NEW YORK: Argentina's new government has offered $6.5 billion to settle its long debt battle with "holdout" creditors, US mediator Daniel Pollack said Friday.The offer was made in New York talks with hedge funds and other creditors who have deman

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