Last update: Tue, 09 Feb 2016 04pm

Business & Finance

Instagram rolls out ‘Multiple Accounts Switching’ for iOS

2016-02-09 10:04:08

Instagram, Facebook’s photo and video sharing platform has now officially announced to provide support for switching between multiple accounts in its iOS app, without the hassle of users requiring to log out and log back in.According to AppAdvice,


Deutsche Bank says has cash to pay risky debts

2016-02-09 08:09:48

FRANKFURT: Deutsche Bank, Germany's biggest lender, has felt compelled to reassure investors that it has sufficient cash to pay its riskiest debts, as banking shares around the world take a hammering on slowdown fears.In a short statement late Mo


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



Argentina charts tricky course to US debt deal

2016-02-09 08:11:25

BUENOS AIRES: Argentina has claimed a breakthrough in efforts to get US hedge funds off its back by paying $6.5 billion of debt, but faces tricky maneuvers to settle the dispute for good.The leaders of Latin America's third-biggest economy said F


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


EU to unveil new energy plan to curb reliance on Russia

2016-02-09 10:35:51

BRUSSELS: The EU will unveil Wednesday plans to give it power to examine energy contracts that European states sign with countries outside the bloc, amid concerns about Europe's dependence on Russian gas.Brussels is aiming to beef up its legal ar



Mobile phones import rises 7.91pc

2016-02-09 09:39:35

ISLAMABAD: The import of mobile phones in to the country increased by 7.91 percent during first half of current fiscal year (2015-16) as compare to same period last year.The import of mobile phones during the corresponding period was recorded at US $


OGDCL, PPL to launch Shale gas, oil pilot project soon

2016-02-09 11:40:41

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) and Pakistan Petroleum Limited (PPL) have been assigned the task to launch a pilot project to drill Shale gas and oil wells, a senior official in Ministry of Petroleum and Natural Resources s


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



Qadir to select ZTBL team

2016-02-09 11:30:07

ISLAMABAD: Former leg-spinner Abdul Qadir will be monitoring the Zarai Taraqiati Bank Ltd. (ZTBL) team and will select a pool of players to be played in the Grade-II tournament.Talking to APP, Qadir said he is the advisor and consultant to the ZTBL P


Lionel Messi undergoes operation

2016-02-09 08:46:14

Barcelona has confirmed Lionel Messi is to undergo medical tests to assess a recurrence of kidney problems.According to Mail Online report, ‘Barcelona striker Lionel Messi will undergo several tests on Monday and Tuesday to assess the evolution of


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



Is Aditi the reason behind the Farhan Akhtar's divorce?

2016-02-09 11:33:33

Bollywood actor Farhan Akhtar has officially announced his separation from wife, Adhuna Bhabani. Rumours started doing the rounds that Farhan's co-star, Aditi Rao Hydari is behind all this and the duo is currently dating each other.According to I


Alia bhatt get caste alongside another 40-plus actor?

2016-02-09 09:26:40

There have been a lot of speculations about Bollywood actor Akshay Kumar getting the golden chance to romance with Bollywood actress Alia Bhatt in an upcoming project.According to India Tv report, Director of Badlapur, Sriram Raghavan is planning a t


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



European stock markets steady at open after rout

2016-02-09 09:11:24

LONDON: European stock markets steadied at the start of trading on Tuesday after sharp falls the previous session on banking sector worries and general concerns surrounding the global economy.London's FTSE 100 benchmark index rose 0.2 percent to


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