Last update: Mon, 08 Feb 2016 05pm

Business & Finance

Apple to open first India stores

2016-02-08 12:16:58

Apple Inc, the technology giant in all set to open its first retail store in India as it wins the clearance by the Indian government, as it seeks to expand itself in the second most populous country.According to Bloomberg, The Indian government is pl


Russia shuts down two more banks

2016-02-08 11:05:41

MOSCOW: Russia's central bank said Monday it had revoked the licenses of two more banks as part of government efforts to consolidate the sector as economic troubles mount.Russia's 67th lender by assets, Intercommerz had failed to adequately a


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



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


French ex-budget minister on trial for tax fraud

2016-02-08 08:16:49

PARIS: Former French budget minister Jerome Cahuzac, who resigned in disgrace in 2013 after admitting to having a secret Swiss bank account, goes on trial Monday for tax fraud.The 63-year-old faces up to seven years in jail and two million euros ($2.



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



Toe catch gives New Zealand series over Australia

2016-02-08 11:05:19

HAMILTON: A bizarre off-the-toe catch by Matt Henry brought a fairytale end to Brendon McCullum's ODI career when New Zealand beat Australia by 55 runs in Hamilton Monday. The victory in a game that was in Australia's favour until Henry's


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



European shares hit 16 month low as financials falter

2016-02-08 11:18:40

LONDON: European equities hit a 16-month low on Monday, extending the previous week's hefty losses, with cyclical sectors such as banking and automobiles bearing the brunt of a broader sell-off. The FTSEurofirst 300 index of top European shares f


Sri Lankan rupee forwards edge down; IMF statement raises concerns

2016-02-08 10:01:13

COLOMBO: Sri Lankan rupee edged down on Monday due to mild importer dollar demand, though selling of the greenback by banks prevented any further fall amid concerns over a statement by the International Monetary Fund, dealers said. Rupee forwards hav


Irish yields dip back below 1pc after Fitch upgrade

2016-02-08 09:52:28

LONDON: Irish 10-year bond yields dipped on Monday as an upgrade to the country's credit rating by Fitch countered selling pressure ahead of what is expected to be a close-run election on Feb. 26. Fitch raised Ireland by one notch to A late on Fr