Last update: Tue, 09 Feb 2016 08am

Business & Finance

Yelp shares roller-coaster on early earnings release

2016-02-08 20:34:03

SAN FRANCISCO: Yelp shares took a roller coaster ride on Monday after quarterly earnings that beat expectations were accidentally released before the close of market.Late day trades on the New York Stock Exchange sent Yelp shares soaring and plunging


Stimulus and oil responsible for eurozone growth: ECB

2016-02-08 20:51:28

PARIS: The uncertainties threatening the global economy are not coming from the eurozone, where growth is essentially due to stimulus and cheap oil, a European Central Bank official said Monday."The eurozone is not part of the problem," ECB executive


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



US hopes to send anti-missile system to SKorea 'as quickly as possible'

2016-02-08 20:45:08

WASHINGTON: The US military hopes to send a sophisticated missile defense system to South Korea "as quickly as possible," the Pentagon said Monday.Following North Korea's long-range rocket launch on Sunday, South Korean and US military officials


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


Turkey's Erdogan threatened to flood Europe with migrants: Greek website

2016-02-08 20:06:36

BRUSSELS: Turkish President Tayyip Erdogan threatened in November to flood Europe with migrants if European Union leaders did not offer him a better deal to help manage the Middle East refugee crisis, a Greek news website said on Monday.Publishing wh



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


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



Sammy feels for cricket-starved Pakistan fans

2016-02-08 19:57:24

DUBAI: West Indies Twenty20 captain Darren Sammy Monday said he felt sad for Pakistan cricket fans who are deprived of watching international stars on home grounds due to security fears in the country.Pakistan have been facing international cricket h


Derby call halt to Clement experiment

2016-02-08 20:35:40

LONDON: Former Chelsea assistant Paul Clement has been sacked as Derby manager after just eight months in charge, the Championship club announced on Monday.Clement was only appointed to the role last year after earning rave reviews during his spells


England add Kvesic, Beaumont to training squad for Italy clash

2016-02-08 21:19:46

LONDON: England added back rows Matt Kvesic and Josh Beaumont to their training squad on Monday ahead of Saturday's Six Nations clash against Italy.Kvesic and Beaumont were included in England coach Eddie Jones's 33-man squad for last weekend



Bananas may help detect, cure skin cancer: study

2016-02-08 19:27:35

PARIS: The black spots on old banana peels may unlock a faster, easier diagnosis of human skin cancer, boosting survival chances, scientists said Monday.When bananas ripen, their skin is covered in small, round black spots caused by an enzyme known a


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



TSX falls as banks, energy stocks weigh

2016-02-08 20:28:46

TORONTO: Canada's main stock index fell on Monday as heavyweight banking and energy stocks lost ground, offsetting gains among gold miners.Oil and gas companies retreated 2.7 percent, while the financial group slipped 2 percent. Industrials fell


South Africa's rand slides, stocks snap three days of gains

2016-02-08 20:21:02

JOHANNESBURG: South Africa's rand weakened on Monday, extending Friday's sell-off as investors shed risky assets on persistent concern over the pace of global growth. Stocks ended three sessions of gains, led down by financial shares and e-co


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