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COVID-19 TOTAL DAILY
CASES 282,645 782
DEATHS 6,052 17
Sindh 122,759 Cases
Punjab 94,040 Cases
Balochistan 11,821 Cases
Islamabad 15,182 Cases
KP 34,432 Cases
WeChat US ban cuts off users link to families in China
World

WeChat US ban cuts off users link to families in China

  • WeChat, owned by Chinese internet giant Tencent Holdings Ltd , is popular among Chinese students, expats and some Americans who have personal or business relationships in China.
  • The ban will cut off far more than the up to 6 million Chinese people who live in the United States.
Updated 08 Aug, 2020 02:18am
Pakistan tenders to buy 1.5mn tonnes wheat
Markets

Pakistan tenders to buy 1.5mn tonnes wheat

  • Pakistan allowed private sector wheat imports in June to cool domestic wheat and flour prices.
  • "Traders had expected the state to issue a large import tender to relieve tight domestic supplies," one European trader said.
Published 07 Aug, 2020 11:47pm
At least 15 dead as Indian COVID repatriation flight crashes on landing
World

At least 15 dead as Indian COVID repatriation flight crashes on landing

  • Some of them lying motionless on stretchers, brought into a hospital surrounded by health workers wearing masks because of the COVID-19 pandemic.
  • The plane skidded off a runway, crashing nose-first into the ground.
  • Air India Express AXB1344, was a repatriation flight operated by the government to bring Indians home during international travel restrictions.
Published 07 Aug, 2020 11:36pm
Democrats offer to cut $1trn from coronavirus plan, White House says no
World

Democrats offer to cut $1trn from coronavirus plan, White House says no

  • Nancy Pelosi disclosed the offer as she and Senate Democratic Leader Chuck Schumer prepared to meet White House negotiators again on Friday afternoon.
  • Treasury Secretary Steven Mnuchin, one of the White House negotiators, rejected Pelosi's proposal out of hand, telling reporters, "that's a non-starter."
Published 07 Aug, 2020 11:23pm
US oil & gas rig count falls to record low for 14th week
Markets

US oil & gas rig count falls to record low for 14th week

  • The US rig count, an early indicator of future output, fell by four to an all-time low of 247 in the week to Aug. 7.
  • US oil rigs fell by four to 176 this week, their lowest since July 2005, while gas rigs held steady at 69, according to Baker Hughes data.
Published 07 Aug, 2020 11:16pm
UN agencies scramble to help Beirut warehouse blast victims
World

UN agencies scramble to help Beirut warehouse blast victims

  • The United Nations announced an additional $6 million in funding for its response - taken from its Central Emergency Response Fund.
  • The WHO has flown supplies from Dubai to treat people burned and wounded by flying glass and other debris.
Published 07 Aug, 2020 11:01pm
Delta wants at least 3,000 flight attendants to take unpaid leave
Business

Delta wants at least 3,000 flight attendants to take unpaid leave

  • Airlines are suffering their worst crisis in history due to the COVID-19 pandemic, which decimated air travel demand and crushed the US economy in the second quarter.
  • The fallout has put tens of thousands of airline jobs at risk as carriers warn an industry recovery could take years.
Updated 07 Aug, 2020 11:01pm
PM meets Punjab CM

PM meets Punjab CM

  • The PM will inaugurate Ravi Development Authority.
Published 07 Aug, 2020 01:59pm
Uber rides take COVID-19 hit but food-delivery business doubles
Technology

Uber rides take COVID-19 hit but food-delivery business doubles

  • The company said that despite those larger challenges it is sticking to its goal of being profitable on an adjusted basis before the end of 2021 thanks to stringent cost-cutting measures and a strong balance sheet. Uber recorded an adjusted loss in earnings before interest, taxes, depreciation and amortization of $837 million in the second quarter.
Published 07 Aug, 2020 10:27am
BP poised to sell 'stranded assets' even if oil prices rally
Markets

BP poised to sell 'stranded assets' even if oil prices rally

  • The strategy was discussed at a BP executives meeting in July, the sources said, soon after the oil major lowered its long-term oil price forecast to $55 a barrel, meaning that $17.5 billion worth of its assets are no longer economically viable.
Published 07 Aug, 2020 10:24am
Pakistan

The Weather

KARACHI: The weather report on Thursday (August 6, 2020) and the forecast for Friday (August 7, 2020)....

Published 07 Aug, 2020 02:45am