Last update: Sun, 23 Oct 2016 12pm

Business & Finance

AT&T agrees to buy Time Warner in over $80 bn deal: banking source

2016-10-22 20:34:00

NEW YORK: Telecom giant AT&T has struck a deal to buy entertainment company Time Warner for more than $80 billion, to add in-house content to its distribution services, a banking source familiar with the negotiations said Saturday.An official ann


Polish central banker Ancyparowicz sees next rate hike in Q4 2017 at latest

2016-10-21 20:10:30

WARSAW: Poland's central bank will likely need to start raising rates gradually from their current all-time low in the fourth quarter of next year at the latest, given an expected rise in inflation, rate-setter Grazyna Ancyparowicz said.Ancyparow


Portugal's bond yields near six-week lows ahead of ratings test

2016-10-21 08:34:19

LONDON: Portugal's government bond yields held just above six-week lows on Friday, with analysts expecting Lisbon to survive a crucial ratings review and keep its place in the European Central Bank's asset purchase scheme. Canadian ratings fi



Confident Clinton steps up in battle for Congress

2016-10-23 06:03:07

PHILADELPHIA: With polls giving her the edge on Election Day, Democratic White House nominee Hillary Clinton said late Saturday that she planned to work hard to see her party make gains in Congress.Speaking to reporters aboard her campaign plane, the


Venezuela's Maduro calls in Iran for oil price cooperation

2016-10-22 20:38:09

TEHRAN: Venezuelan President Nicolas Maduro called on Saturday for increased cooperation between oil-rich nations to stabilise prices as he met with the supreme leader and president of Iran."To stabilise the price of oil, new mechanisms should be tak


France seeks sanctions over Syria chemical attacks

2016-10-22 16:50:02

PARIS: French Foreign Minister Jean-Marc Ayrault on Saturday asked the UN Security Council to condemn the use of chemical weapons in Syria, and urged that those behind the attacks be placed under sanctions."I want... a clear condemnation of these cri



NAB disburses Rs75.195mn among 240 affectees, Govt Deptts

2016-10-21 20:26:58

ISLAMABAD: The National Accountability Bureau (NAB) Rawalpindi has handed over Rs 75.195 million among 240 affectees and government departments at a ceremony held here on Friday.Federal Minister for Religious Affairs and Inter-faith Harmony Sardar Mu


Wheat sowing target for Multan set at 462,000 acres

2016-10-22 17:56:40

MULTAN: District Officer Agriculture (Extension) Chaudhary Naseer Ahmad has said that wheat sowing target for Multan district had been set at 462,000 acres. He was speaking at a refresher course on the use of latest technology for enhancing wheat pro


SBP to issue Rs.10 regular coin from Monday

2016-10-22 15:25:50

ISLAMABAD: The State Bank of Pakistan (SBP) will issue Rs.10 regular coin from Monday (Oct 24) through the exchange counters of all the field offices of SBP Banking Services Corporation.The Federal Government through a notification authorized the SBP



England spinners take two wickets in victory push

2016-10-23 07:13:37

CHITTAGONG: England spinners Moeen Ali and Adil Rashid removed Bangladesh's opening pair as the visitors pushed for victory Sunday in the first Test, after setting the hosts a target of 286 runs.With plenty of time and wickets in hand, Bangladesh


J-League results and standings

2016-10-22 20:49:40

TOKYO: Results of matches in the J-League second stage on Saturday:Vegalta Sendai 3 Vissel Kobe 0Omiya Ardija 3 Shonan Bellmare 2Kashiwa Reysol 2 Sagan Tosu 3FC Tokyo 2 Kashima Antlers 1Kawasaki Frontale 2 Sanfrecce Hiroshima 0Yokohama F-Marinos 2 Ga


Crutchlow wins Australian MotoGP, Marquez crashes

2016-10-23 07:12:46

PHILLIP ISLAND: Great Britain's Cal Crutchlow won only his second MotoGP with victory in the Australian race at Phillip Island on Sunday.Crutchlow, on a LCR Honda, capitalised when newly-crowned world champion Marc Marquez made an error and crash



Ali Gul Pir roasts Indian PM in his new single ‘Modi Teri’

2016-10-22 10:26:04

Pakistani singer Ali Gul Pir continues to entertain audience with his funny lyrics and rapped songs. In his latest single ‘Modi Teri’, he took a dig at Indian PM Narendra Modi for the on-going cross border tension. The hilarious video begins with


Shan completes shooting of his film "Earth-2"

2016-10-22 16:57:08

LAHORE: Film actor Shan has completed the shooting of his film "Earth-2" here on Saturday.Talking to APP, he said the story of the film was unique and would hit the box office. He said the post production work of the film would soon be started. He sa


Meet world’s smallest touch-screen smartphone

2016-10-22 13:47:03

Smartphones are an absolute must have for today’s tech savvy generation, with touch screen smartphones getting larger and larger screens, a Chinese tech firm looks to reverse the trend by introducing the world's smallest touch screen device.Mee



Europe stocks pause as investors mull ECB 'damp squib'

2016-10-21 20:57:35

LONDON: Europe's main stock markets hit the pause button Friday as investors mulled the European Central Bank's reticence on future stimulus moves.In the eurozone, Paris stocks drifted 0.09 percent lower at the close while Frankfurt shares ro


Sri Lankan rupee ends weaker on importer dollar demand

2016-10-21 20:13:50

COLOMBO: The Sri Lankan rupee ended weaker on Friday, as dollar demand from importers surpassed conversions of the US currency by exporters, dealers said. Rupee forwards were active, with the spot-next ending at 147.60/70 per dollar, weaker than its


China's urbanites embrace sacrifice to ride property frenzy

2016-10-21 10:36:20

BEIJING: Lydia Su said her heart jumped when she first heard a property in Shanghai's tree-lined French Concession was on the market - even though it was no bigger than a bathroom - swept up in China's latest property frenzy. The 13.7-square