Business Recorder

• In May 2018, Lebanon held its first parliamentary polls in nine years after the deeply divided legislature repeatedly extended its own term.

• The 23-times Grand Slam champion, who has a history of blood clots and pulmonary embolisms.
• "I've been a little bit of a recluse," Williams, 38, said on a video call from Lexington, Kentucky where she will compete in next week's Top Seed Open.

• Within the next few weeks Argentina plans to formally request the initiation of conversations for a new program that would succeed the derailed and canceled 2018 program.
• The foreign direct investment that Macri promised would be attracted by his market-friendly policies never materialized.

• BHP, like other mining companies in Chile, has been migrating its energy contracts to renewable sources to reduce its carbon footprint.
• The coal-burning contracts had been scheduled to end in 2026 at Spence and 2029 at Escondida.

• Qualcomm is lobbying to sell chips to Huawei that the Chinese company would include in its 5G phones.
• With these restrictions, the US has handed Qualcomm's foreign competitors a market worth as much as $8 billion annually.

• The official, speaking ahead of a donors conference on aid to Lebanon co-hosted by France in which Trump will take part.
• Israel and Iran will not be involved due to geopolitical issues, the official said.

• England lead three-match series 1-0

Old Lady were knocked out by Lyon in the round of 16 tie due to away goal despite 2-2 on aggregate.

• The Ministry of Finance said that the deferred oil payment facility from Saudi Arabia expired on July 9 this year and a request to extend the agreement was being considered with Saudi Arabia.

Ronaldo struck twice but failed to keep his side in the compaction as they were eliminated to Lyon 2-2 on aggregate.

The match is being played at Old Trafford in Manchester.

PSG defender wants to win Champions League with French giants before retiring.

Captain Manpreet Singh one of the players in training base to have Covid-19.

• He said their target is to plant 3.5 million trees in a day.

Manager’s side beat Real Madrid 4-2 on aggregate to move into Champions League quarters.

Former head coach said Shaheen and Shadab will play key role in Pakistan’s victory.

• “I am pleased to announce that effective from 1st of September 2020, the SBP will be crediting the Duty Drawbacks directly into the bank accounts of the exporters,” he said.

• The Lebanese authorities seized Rhosus after the ship's owner did not pay the port fees and fine.

• "The coronavirus pandemic has put a lot of pressure on the Saudi economy. The way oil prices have fallen is a historical fact, it has affected their economy," said Qureshi, while talking to local media.

• There are now 17,815 active cases in Pakistan.

• Moody's Investors Service on Saturday confirmed Pakistan's B3 credit rating with the outlook at stable, as it concludes the review for downgrade initiated on 14 May 2020.

• The stable outlook reflects Moody's view that the pressures Pakistan faces in the wake of the coronavirus shock and prospects for its credit metrics, in general, are likely to remain consistent with the current rating level, the rating agency said.

• Brent crude fell 69 cents, or 1.5%, to settle at $44.40 a barrel. U.S. West Texas Intermediate (WTI) crude fell 73 cents, or 1.7%, to end at $41.22 a barrel.

• Nonfarm payrolls increased by 1.763 million jobs last month after a record 4.791 million in June, the Labor Department said on Friday. Economists polled by Reuters had forecast 1.6 million jobs were added in July.

• This is India’s worst passenger aircraft accident since 2010.

• Economists say Tuesday’s blast, which also damaged large parts of commercial Beirut, could lead to a GDP contraction of around 20-25% this year - far beyond the IMF’s recent forecast for a 12% decline due to a deepening economic and political crisis.

• 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. Most popular messaging apps in the United States, including Facebook Messenger, Whatsapp and Telegram have been blocked in China.

• The short-form video app’s advertising business is still nascent. TikTok’s anticipated $1 billion in 2020 revenue is a small fraction of its Chinese owner ByteDance’s overall sales.

• The S&P 500 and the Dow Jones index ended flat to slightly higher on the day.

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

ISLAMABAD: The Pakistan People's Party (PPP) has decided to write letters to the foreign embassies and diplomats to...

LAHORE: With less than two days left for lifting of Covid-19 restrictions across the country, almost all the ...

ISLAMABAD: The number of confirmed Covid-19 cases has witnessed an increase in the federal capital as compared to ...

KARACHI: As many as 4.37 CFT sludge has been removed from 54 nullas, including 18 connecting drains so far, and...

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) has asked Chief Minister Punjab Usman Buzdar to step down before...

LAHORE: Government and opposition members in Punjab Assembly on Friday unanimously demanded that government should...

LAHORE: Governor Punjab Chaudhry Mohammad Sarwar has taken notice of pending matters regarding the public sector...

ISLAMABAD: The Islamabad High Court (IHC) on Friday barred the Pakistan Navy from issuing memberships of the Sailing...

ISLAMABAD: Reportedly there is a malicious campaign of financial irregularities being launched on social media...

KARACHI: TikTok has released an updated publication of the Community Guidelines in Urdu that will help and maintain ...

ISLAMABAD: The National Accountability Bureau (NAB) has decided to establish a Special Cell for effective prove of...

KARACHI: The Met office on Friday said the monsoon rainy weather system is now prevailing on Sindh likely to move to...

KARACHI: Senator Shibli Faraz, Federal Minister for Information who attended the Zoom meeting of the Executive...

WASHINGTON: The United States said Friday it was sending an immediate $15 million worth of food and medicine to help...

BRUSSELS: Belgium's top legal authority on Friday suspended arms export licences for shipments to Saudi Arabia's...

MOSCOW: The head of Russia's space agency said Friday that Roscosmos wants to return to Venus and bring back soil...

ISLAMABAD: The Accountability Court hearing multi-billion rupees fake banks accounts case on Friday turned down...

ISLAMABAD: The federal government has released Rs101.5 billion (15.62 per cent) for various ongoing and new...

LAHORE: Punjab Governor Chaudhry Mohammad Sarwar has said that the Punjab government is in a strong position inside...

LAHORE: Leader of the Opposition in National Assembly Shahbaz Sharif has criticised Foreign Minister Shah Mahmood...

LAHORE: As many as 192 have been found positive out of 7,022 tests conducted during the last 24 hours in Punjab,...

ISLAMABAD: The National Command and Operation Centre (NCOC) on Friday was informed by the relevant quarters that a...

ISLAMABAD: The nationwide coronavirus cases, with the emergence of over 900 new cases, have jumped to 283,137; death...

KARACHI: All timings are in PST (Pakistan Standard Time).

06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55...

BEIJING: China saw another surprise jump in exports last month as the global economy slowly reopened after virus...

KARACHI: A division bench of Sindh High Court (SHC) on Friday reserved the judgment on a petition of sugar mills...

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has imposed a restriction on the business of...

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a new 'Investment Policy Statement...

ISLAMABAD: The Supreme Court has taken suo motu of the National Accountability Bureau (NAB) chairman's powers to...

ISLAMABAD: The National Assembly Standing Committee on Finance on Friday cleared Limited Liability Partnership...