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Markets

US natural gas gains 3% on forecasts for colder weather, higher demand

US natural gas futures rose around 3% on Tuesday after falling for three days during a period of record volatility ...

Published 08 Feb, 2022 07:53pm

Markets

Aluminium prices jump to their highest since 2008

LONDON: prices rose to their highest since 2008 on Tuesday, buoyed by investor concern over tight supply and falling...

Published 08 Feb, 2022 07:46pm

World

Schools ordered shut in India as Hijab ban protests intensify

UDIPI: Authorities in southern India ordered schools to shut on Tuesday as protests intensified over a ban on Hijab...

Published 08 Feb, 2022 07:39pm

Business & Finance

US trade deficit ends 2021 with slight increase against expectations

WASHINGTON: The United States ended a year that saw a big increase in the trade deficit with a slight but unexpected...

Published 08 Feb, 2022 07:38pm

World

Macron says 'now possible' to move forward on Ukraine-Russia talks

KYIV: French President Emmanuel Macron said Tuesday that after talks with the Russian and Ukrainian leaders he saw a...

Published 08 Feb, 2022 07:27pm

Sports

Salah set for Liverpool return after Africa Cup of Nations heartbreak

LONDON: Mohamed Salah could play for Liverpool against Leicester on Thursday after his Africa Cup of Nations...

Published 08 Feb, 2022 07:16pm

Pakistan

PM Imran has turned a blind eye to Karachi's problems: Shehbaz

Says life has become hard for people due to additional taxes, rising electricity prices

Published 08 Feb, 2022 07:00pm

Markets

Ferrari and Qualcomm team up for tech projects for road, racing cars

ROME: Ferrari said on Tuesday it would partner with Qualcomm Technologies to use the San-Diego based group's premium...

Published 08 Feb, 2022 06:15pm

World

UN rights office demands release of Afghan women activists

GENEVA: The UN human rights office called on Tuesday for the release of four women activists and their relatives in...

Published 08 Feb, 2022 06:12pm

Business & Finance

Pfizer's 2021 profits doubled to $22bn on strong Covid vaccine sales

NEW YORK: Pfizer said Tuesday it expects $32 billion in revenue from Covid-19 vaccines in 2022 as it reported annual...

Published 08 Feb, 2022 05:58pm

Business & Finance

Volvo to convert largest factory for electric cars

STOCKHOLM: Swedish carmaker Volvo Cars said Tuesday that it will invest nearly a billion euros in its historic...

Published 08 Feb, 2022 05:56pm

Markets

Harley revenue rises 40% on higher motorcycle demand

Harley-Davidson Inc reported a 40% jump in fourth-quarter revenue on Tuesday, helped by higher demand for its more...

Published 08 Feb, 2022 05:35pm

World

Iran nuclear talks set to resume with deal 'in sight'

VIENNA: Talks to revive a deal with Iran on its contested nuclear programme were set to resume on Tuesday in Vienna...

Published 08 Feb, 2022 05:22pm

Markets

Indian shares snap 3-day losing streak on Reliance, metals boost

BENGALURU: Indian shares recovered from mid-day losses to end higher on Tuesday, lifted by heavyweight Reliance...

Published 08 Feb, 2022 05:22pm

Markets

Rupee's winning streak ends, falls marginally against US dollar

Rupee's upward trajectory against the US dollar came to a halt on Tuesday, as the local currency recorded its first...

Published 08 Feb, 2022 05:20pm

Sports

Sri Lanka opener Mendis down with Covid in Australia

COLOMBO: Sri Lanka's opening batsman Kusal Mendis has tested positive for Covid-19 in Australia days before the ...

Published 08 Feb, 2022 05:19pm

Markets

Kenyan shilling stable, market eyes potential inflows into bond

NAIROBI: The Kenyan shilling held steady on Tuesday as the market remained in a holding pattern ahead of the sale of...

Published 08 Feb, 2022 04:23pm

Markets

Euro struggles to stay above $1.14 after Lagarde comments

LONDON: The euro weakened for a second consecutive day on Tuesday after European Central Bank President Christine...

Published 08 Feb, 2022 04:22pm

Business & Finance

India summons South Korea envoy over Hyundai's tweet

NEW DELHI: India summoned South Korea's ambassador to express displeasure over a social media post by a Pakistani...

Published 08 Feb, 2022 04:15pm

World

India's Modi defends handling of pandemic amid opposition protests

NEW DELHI: Indian Prime Minister Narendra Modi defended his government's efforts to fight the COVID-19 pandemic over...

Published 08 Feb, 2022 04:12pm

Markets

Euro zone yields fall after ECB remarks about gradual tightening

Euro zone yields fell on Tuesday, with Italian bond prices outperforming their peers, after European Central Bank...

Published 08 Feb, 2022 03:58pm

Business & Finance

Lufthansa says it will respond to German cartel office over Condor

BERLIN: Lufthansa said on Tuesday it would respond to a decision by Germany's cartel office that charter airline...

Published 08 Feb, 2022 03:56pm

World

Iran's leader accuses Biden and Trump of damaging US reputation: IRNA

DUBAI: Iran's Supreme Leader Ayatollah Ali Khamenei accused Joe Biden and Donald Trump of damaging the reputation of...

Published 08 Feb, 2022 03:53pm

Pakistan

Second phase of CPEC to focus on agriculture, industrialisation: PM Imran

In interview CGTN China, Pakistan prime minister says country needs to improve agriculture sector's productivity

Published 08 Feb, 2022 03:19pm

Technology

India's Maharashtra hopes to persuade Amazon, Uber, others to go electric faster

NEW DELHI: India's Maharashtra state will offer companies like Amazon.com Inc and Uber new incentives to electrify...

Published 08 Feb, 2022 03:19pm

World

Ukraine welcomes Macron but says: we won't cross our red lines on Russia

KYIV: Ukraine is looking forward to discussions with visiting French President Emmanuel Macron on Russia but will ...

Published 08 Feb, 2022 03:15pm

World

Yogi Adityanath: India's anti-Muslim priest and possible future PM

Adityanath appears to be a complementary foil to Modi, driving the party's Hindu majoritarian agenda with ferocity

Published 08 Feb, 2022 02:34pm

Pakistan

PM announces 15% raise for FC, Rangers personnel during Naushki visit

Pays tribute to soldiers for their sacrifices and eliminating terrorism from country

Updated 08 Feb, 2022 05:23pm

World

49 convicted in India over deadly 2008 bomb attacks

AHMEDABAD: India convicted 49 people Tuesday over a 2008 attack in the western city of Ahmedabad that left dozens...

Published 08 Feb, 2022 02:24pm

Markets

Hong Kong stocks end with big losses

HONG KONG: Chinese stocks finished sharply lower Tuesday after recent gains, with tech firms leading the losses,...

Published 08 Feb, 2022 02:08pm

Markets

Stock markets steady, oil prices fall

LONDON: Stock markets largely steadied Tuesday while oil prices fell on easing geopolitical concerns surrounding...

Updated 08 Feb, 2022 06:02pm

Markets

Energy giant BP speeds up green makeover plan

BP said on Tuesday it was aiming to accelerate its goal to reach net-zero emissions by 2050 as the British energy...

Published 08 Feb, 2022 01:34pm

World

Fighting eases in Yemen's Marib as Saudi-led coalition revamps forces

ADEN: The Saudi-led coalition has deployed newly formed units near Yemen's Marib where battles have abated, ...

Published 08 Feb, 2022 01:31pm

Markets

Turkey pitches its unorthodox policy to London investors

ANKARA: The lira weakened on Tuesday as Finance Minister Nureddin Nebati pitched Turkey's unorthodox economic policy...

Published 08 Feb, 2022 01:25pm

Business & Finance

Nissan raises profit outlook as cost cuts, weak yen boost profitability

TOKYO: Nissan Motor Co on Tuesday raised its full-year operating profit forecast by 17% to 210 billion yen ($1.82...

Published 08 Feb, 2022 01:22pm

Markets

Chinese blue-chip index falls as US sanction risks weigh

SHANGHAI: China's blue-chip shares ended lower on Tuesday, as uncertainty about the impact of the US government's...

Published 08 Feb, 2022 01:20pm

Markets

Most Asian currencies cautious; baht firms on travel bubble talks

Asian currencies were largely flat on Tuesday as investors placed cautious bets ahead of the US inflation data while...

Published 08 Feb, 2022 01:18pm

Business & Finance

55% shares: UBL gets SBP's approval for due diligence of Telenor Microfinance Bank

The State Bank of Pakistan (SBP) has granted in-principle approval to United Bank Limited (UBL) to commence the due...

Published 08 Feb, 2022 01:11pm

World

Ukraine's army plans drills with drones, anti-tank missiles from Feb 10

KYIV: Ukraine's army will conduct military drills from Feb. 10 to Feb. 20 in response to Russian exercises in ...

Published 08 Feb, 2022 01:06pm

World

UK PM Johnson not to blame for hounding of Labour leader, minister says

LONDON: British Prime Minister Boris Johnson is not to blame for the hounding of opposition Labour leader Keir...

Published 08 Feb, 2022 01:03pm

Markets

India's Adani Wilmar valued at about $4.5bn in market debut

BENGALURU: Shares of India's leading edible oil maker Adani Wilmar Ltd rose as much as 13.5% in their market debut ...

Published 08 Feb, 2022 01:00pm

Markets

Russian rouble hits near 4-week high after Putin-Macron talks

MOSCOW: The rouble touched its strongest level in nearly four weeks on Tuesday after the leaders of Russia and ...

Published 08 Feb, 2022 12:56pm

World

US Air Force ordered to pay more than $230mn over 2017 Texas church shooting

WASHINGTON: A US federal judge on Monday ordered the Air Force to pay more than $230 million in damages to survivors...

Published 08 Feb, 2022 12:53pm

Business & Finance

SoftBank's sale of chip group Arm scrapped over regulator challenges

TOKYO: Japan's SoftBank confirmed Tuesday the collapse of a $40 billion deal to sell chip business Arm to Nvidia...

Published 08 Feb, 2022 12:50pm

Markets

Tokyo stocks close higher with eyes on earnings

TOKYO: Tokyo stocks closed higher on Tuesday as expectations for economic recovery were partly offset by concerns...

Published 08 Feb, 2022 12:38pm

World

Chinese scientists say new highly accurate virus test gives results within minutes

BEIJING: Chinese scientists say they have developed a new coronavirus test that is accurate as a PCR lab test but...

Updated 08 Feb, 2022 01:06pm

World

13 million face hunger as Horn of Africa drought worsens: UN

NAIROBI: An estimated 13 million people in Kenya, Somalia and Ethiopia are facing severe hunger as the Horn of ...

Published 08 Feb, 2022 12:33pm

Business & Finance

EU automobile sales to rebound in 2022: industry

PARIS: Automobile sales are likely to rebound by 7.9 percent in the European Union in 2022, but still remain far...

Published 08 Feb, 2022 12:29pm

Markets

US oil may test support at $90.02

SINGAPORE: US oil may test a support at $90.02 per barrel, a break below which could open the way towards $88.36....

Published 08 Feb, 2022 12:24pm

Markets

Palm oil may retest support at 5,484 ringgit

SINGAPORE: Palm oil may retest a support at 5,484 ringgit per tonne, a break below which could cause a fall into...

Published 08 Feb, 2022 12:22pm

Markets

Brent oil may fall into $90.95-$91.57 range

SINGAPORE: Brent oil may fall into a range of $90.95-$91.57 per barrel, following its failure to break a resistance...

Published 08 Feb, 2022 12:21pm

Markets

CBOT corn may revisit Jan 31 high of $6.42-1/2

SINGAPORE: CBOT March corn may revisit its Jan. 31 high of $6.42-1/2 per bushel, as the fall from this level has ...

Published 08 Feb, 2022 12:19pm

Pakistan

Heavy rain, winds hit Karachi

Karachi received rainfall coupled with winds on Tuesday, with the Met Office predicting that the rain spell will...

Updated 08 Feb, 2022 01:53pm

Markets

CBOT soybeans likely to fall to $15.42

SINGAPORE: The CBOT soybean March contract may test a support at $15.60-3/4 per bushel, with a good chance of...

Published 08 Feb, 2022 12:00pm

Markets

Japanese shares rise on bargain hunting but US CPI caution caps gains

TOKYO: Japanese shares rose on Tuesday, tracking Nasdaq futures and as investors scooped up beaten-down equities...

Published 08 Feb, 2022 11:59am

Markets

China's blue-chip index hits 19-month low as US sanction worries weigh

SHANGHAI: China's blue-chip index slumped to a 19-month low on Tuesday, with new-energy vehicle stocks leading the...

Published 08 Feb, 2022 11:55am

Markets

India shares slip for fourth day as energy, bank stocks weigh

BENGALURU: Indian shares gave up early gains on Tuesday to trade lower for a fourth straight session, weighed down ...

Published 08 Feb, 2022 11:52am

Markets

China's yuan inches higher but gains capped by weak stocks

SHANGHAI: China's yuan was firmer against the dollar on Tuesday but gains were capped by tumbling mainland stocks,...

Published 08 Feb, 2022 11:50am

Markets

Dollar finds a bid ahead of US inflation

SINGAPORE: The dollar made small but broad gains on Tuesday and held a resurgent euro at bay as traders awaited US...

Published 08 Feb, 2022 11:48am

Markets

Euro bounce pauses ahead of US inflation

SINGAPORE: A resurgent euro was hunkered just short of strong resistance levels on Tuesday as traders awaited US...

Published 08 Feb, 2022 11:45am

Markets

Australia, NZ dollars try to rally, commodity surge a help

SYDNEY: The Australian and New Zealand dollars were trying to sustain a rally on Tuesday as an improved tone in...

Published 08 Feb, 2022 11:43am

Markets

Mining boost, Macquarie's outlook help Australia shares rebound

Australia shares rose on Tuesday, as strong iron ore prices drove gains among mining stocks, while Macquarie Group...

Published 08 Feb, 2022 11:42am

Markets

Australia shares likely to open lower, NZ inches down

Australian shares were likely to open lower on Tuesday as a dip in oil prices was expected to weigh on local energy...

Published 08 Feb, 2022 11:40am

Markets

France's BNP beats expectations in Q4, sets new goals to 2025

PARIS: French lender BNP Paribas reported on Tuesday better-than-expected net income in the fourth quarter on lower...

Published 08 Feb, 2022 11:23am

Business & Finance

Thai shippers group sees Q1 exports up 5% y/y

BANGKOK: Thailand's exports are expected to rise by 5% in the first quarter from a year earlier, helped by a ...

Published 08 Feb, 2022 11:20am

Markets

Australia shares surge 1% on mining boost, Macquarie's record quarter

Australia shares gained 1% on Tuesday to hit their highest level in more than two weeks, lifted by heavyweight ...

Published 08 Feb, 2022 11:18am

Pakistan

Covid-19: Pakistan's daily cases count drops below 3,000

Country records 2,799 positive cases, positivity ratio lowers to 5.3%

Updated 08 Feb, 2022 01:16pm

Markets

Dubai Islamic Bank gives initial price guidance for dollar sukuk

DUBAI: Dubai Islamic Bank, the United Arab Emirates' largest Islamic lender, gave initial price guidance of around...

Published 08 Feb, 2022 11:17am

World

Top US govt science advisor resigns over bullying accusations

WASHINGTON: Top US government science advisor Eric Lander, who helped map the human genome, resigned on Monday after...

Published 08 Feb, 2022 11:08am

World

Trudeau says Canada trucker protest 'has to stop'

OTTAWA: Canadian Prime Minister Justin Trudeau demanded an end Monday to a protest by hundreds of truckers against...

Published 08 Feb, 2022 10:55am

Markets

Chinese drug giant halts trading as US move triggers stock plunge

HONG KONG: Wuxi Biologics suspended trading in Hong Kong on Tuesday following a record slump in its share price,...

Published 08 Feb, 2022 10:53am

Sports

Gu saves best for last to win Olympic gold for China

BEIJING: Californian-born Eileen Gu won gold for China at the Beijing Olympics on Tuesday, earning victory in the...

Published 08 Feb, 2022 10:50am

Sports

New Zealand's Williamson to miss South Africa Tests

WELLINGTON: New Zealand captain Kane Williamson will miss the upcoming Test series against South Africa after ...

Published 08 Feb, 2022 10:47am

Sports

Australia names full-strength squad for Pakistan tour

SYDNEY: Australia named a full-strength squad on Tuesday for its first Pakistan tour in 24 years, with spinners...

Updated 08 Feb, 2022 11:09am

Life & Style

'Matrix' co-producer sues Warner over streaming release: report

LOS ANGELES: A co-producer of "The Matrix Resurrections" is suing Warner Bros. alleging breach of contract over the...

Published 08 Feb, 2022 10:34am

Markets

Tokyo stocks open higher with focus on earnings

TOKYO: Tokyo stocks opened higher on Tuesday despite falls on Wall Street over lingering uncertainties about the...

Published 08 Feb, 2022 10:31am

Life & Style

Blockbusters, arthouse films vie for Oscar nods in crowded race

LOS ANGELES: A crowded field including "Dune," "Belfast," "West Side Story" and "The Power of the Dog" will compete...

Published 08 Feb, 2022 10:29am

Markets

Hong Kong shares down at open

HONG KONG: Hong Kong stocks kicked off Tuesday morning with small losses following a strong performance, with...

Published 08 Feb, 2022 10:24am

World

Spinal cord implant helps paralysed patients walk again

TOKYO: In 2017, Michel Roccati was in a motorbike accident that left his lower body completely paralysed. In 2020, ...

Published 08 Feb, 2022 10:23am

Sports

'Ice Prince' Hanyu vs Quad King in Olympics figure skating clash

BEIJING: A hotly anticipated clash between Nathan Chen of the United States and Japan's Yuzuru Hanyu in the men's...

Published 08 Feb, 2022 10:20am

World

'It's too quiet': Tensions take toll on Ukraine front line

MARYINKA: As international tensions have risen over their country's fate, Ukrainian soldiers in the trenches of...

Published 08 Feb, 2022 10:16am

Technology

Lockheed Martin wins NASA contract to bring Mars samples back to Earth

WASHINGTON: Lockheed Martin's space division has won a NASA contract to build the rocket that will return the first...

Published 08 Feb, 2022 10:13am

World

US defends warnings in standoff with Russia over Ukraine

WASHINGTON: Faced with accusations of "alarmism" over a possible Russian invasion of Ukraine, Washington is on the...

Published 08 Feb, 2022 10:08am

Sports

Shiffrin desperate to rebound in Beijing Olympic slalom

YANQING: US star Mikaela Shiffrin will be keen to put the disappointment of skiing out of the giant slalom behind ...

Published 08 Feb, 2022 10:04am

Technology

EU joins chips race with 42bn euro bid to rival Asia

BRUSSELS: The EU launches a plan Tuesday to raise tens of billions of euros to boost semiconductor production in...

Published 08 Feb, 2022 10:02am

World

Macron due in Kyiv after Putin says ready for compromise

KYIV: French President Emmanuel Macron heads to Kyiv on Tuesday after offering Russia "concrete security guarantees"...

Published 08 Feb, 2022 09:58am

Markets

Asian markets mostly rise but inflation data, Fed plans in focus

HONG KONG: Asian markets mostly rose Tuesday as investors await key US inflation data later in the week, though the...

Published 08 Feb, 2022 09:54am

Markets

Gold steady near 1-week high as inflation risks lift demand

Gold prices were steady on Tuesday as inflationary pressures kept the safe-haven metal supported near previous...

Published 08 Feb, 2022 09:48am

Markets

Spot gold may rise into $1,836-$1,853 range

SINGAPORE: Spot gold may break a resistance at $1,825 per ounce,and rise into a range of $1,836-$1,853, driven by a...

Published 08 Feb, 2022 09:45am

Markets

Oil slips from 7-year highs ahead of more US-Iran talks

BEIJING: Oil prices eased on Tuesday morning ahead of the resumption of indirect talks between the United States and...

Published 08 Feb, 2022 09:43am

BR Research

IMF brings climate change under spotlight

A little noticed sub-section of the recent IMF country report is about the effects of climate change on Pakistan. ...

Published 08 Feb, 2022 08:45am

BR Research

Tailwind for CPEC?

Considering that it was not a bilateral visit, there were not many hopes linked with the Prime Minister’s trip to...

Published 08 Feb, 2022 08:40am

BR Research

A looming wheat crisis next door?

All’s not well on the western front. According to USAID’s Early Warning Systems for Famines, by Dec-21 price of...

Published 08 Feb, 2022 08:37am

BR Research

Faran Sugar Mills Limited

Faran Sugar Mills Limited (PSX: FRSM) was set up as a public limited company in 1981 under the Companies Act, 1913...

Published 08 Feb, 2022 08:32am

Pakistan

The Weather

KARACHI: The weather report on Monday (February 7, 2022) and the forecast for Tuesday (February 8, 2022)....