Last update: Tue, 09 Feb 2016 02pm

Business & Finance

Google’s Pichai the highest paid CEO in US

2016-02-09 07:51:21

Sundar Pichai, the boss of Google is all set to become one of the world’s highest paid executive, after its parent company Alphabet granted the CEO an equity award worth $199 million.According to Bloomberg, Pichai, who is Google’s chief executive


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


Several dead, about 100 injured in German train collision

2016-02-09 08:24:27

BERLIN: Several people died after two trains collided in the southern German state of Bavaria on Tuesday, a police spokesman said, adding about 100 people were also injured. "Two trains crashed head on," said a police spokesman."There are about 100 i



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 $


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



Warne lashes out at 'selfish' Steve Waugh

2016-02-09 07:59:30

SYDNEY: Cricket great Shane Warne has blasted former Australian captain Steve Waugh as "the most selfish cricketer I've played with" as a long-running feud between the pair showed no sign of ending.The ex-teammates fell out years ago with Warne s


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



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


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