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Archive - 2011-11-07
Cameraman killed during police raid at Rio slum

Cameraman killed during police raid at Rio slum

A Brazilian television cameraman was fatally shot early Sunday while filming during a police raid outside Rio de Janeiro, as bullets flew at one of the city's most notorious favelas.
Published 07 Nov, 2011 12:00am
Grenade attack kills two in Kenya

Grenade attack kills two in Kenya

Two people were killed in a grenade attack on a church in eastern Kenya, residents said Sunday, amid a spate of violence that has raised concerns for Kenya's key tourism industry. "They attacked people who reside in the church compound," in Garissa, said
Published 07 Nov, 2011 12:00am
Troubled ship with 20 crew safe in Philippines

Troubled ship with 20 crew safe in Philippines

Philippine officials say a cargo ship with 20 crew members from China has not sunk as earlier feared and was on its way to a local port. Navy and coast guard officials said Saturday that the Panamanian-registered MV Oceanic Union took in water but its cre
Published 07 Nov, 2011 12:00am
Japan's emperor hospitalised with fever, cold

Japan's emperor hospitalised with fever, cold

Japan's royal household says Emperor Akihito has been hospitalised with a fever and a cold. An Imperial Household Agency official says the emperor was admitted to the University of Tokyo Hospital on Sunday evening because of deteriorating symptoms of bron
Published 07 Nov, 2011 12:00am
80,000 Muslims pray on the street in Moscow

80,000 Muslims pray on the street in Moscow

Tens of thousands of Muslim men knelt shoulder-to-shoulder in prayer on the freezing streets of Moscow on Sunday to celebrate the religious holiday of Eid al-Adha. Estimates of the number of Muslims living or working in the Russian capital run from 2 mill
Published 07 Nov, 2011 12:00am
Police probe fireworks role in British motorway smash

Police probe fireworks role in British motorway smash

Detectives said Sunday they were investigating a fireworks display next to the scene of one of Britain's worst-ever motorway pile-ups in which seven people died in a giant inferno. Police had removed all 34 vehicles involved from the M5 motorway near Taun
Published 07 Nov, 2011 12:00am
BMW owners pledge five million euros over Nazi-tainted past

BMW owners pledge five million euros over Nazi-tainted past

Germany's Quandt family, a major shareholder in car manufacturer BMW, has pledged more than 5 million euros (6.9 million dollars) to a memorial for forced labourers in Nazi Germany, media reported Sunday.
Published 07 Nov, 2011 12:00am
BMW owners pledge five million euros over Nazi-tainted past

BMW owners pledge five million euros over Nazi-tainted past

Germany's Quandt family, a major shareholder in car manufacturer BMW, has pledged more than 5 million euros (6.9 million dollars) to a memorial for forced labourers in Nazi Germany, media reported Sunday.
Published 07 Nov, 2011 12:00am
Ortega eyes third term as Nicaragua votes

Ortega eyes third term as Nicaragua votes

President Daniel Ortega appeared poised Sunday for re-election to a controversial third term as polls opened in Nicaragua pitting the former Sandinista rebel leader against a weakened opposition.
Published 07 Nov, 2011 12:00am
Cain's favorability drops after sex accusations

Cain's favorability drops after sex accusations

Allegations that Republican presidential candidate Herman Cain sexually harassed women in the 1990s have begun to damage his bid for the White House, a Reuters/Ipsos poll found. The poll showed the percentage of Republicans who view Cain favourably droppe
Published 07 Nov, 2011 12:00am
Going for the jugular of militants

Going for the jugular of militants

During a recent press briefing in Islamabad, the Capital City Police Officer Malik Ahmed Raza Tahir claimed that they had important leads on the gang responsible for the kidnappings of Shahbaz Taseer and American national Warren Weinstein. CCPO Tahir also
Published 07 Nov, 2011 12:00am
Celebrating Eid-ul-Azha

Celebrating Eid-ul-Azha

Today Muslims in Pakistan and some neighbouring countries celebrate the Islamic calendar's second-most important festival, Eid-ul-Azha, in the great Ibrahimi spirit of sacrifice. Earlier, faithful from all over the world gathered in Makkah (which is a day
Published 07 Nov, 2011 12:00am
Iqbal and Muslim nationhood

Iqbal and Muslim nationhood

All said and done, Iqbal's core contribution to Muslim regeneration lay in giving his people an ideal, something to live and die for. In tandem, it also lay in fostering in them the moral fibre and the determination to realise that ideal. And that fosteri
Published 07 Nov, 2011 12:00am
Egypt's parties divided over constitutional amendments

Egypt's parties divided over constitutional amendments

Three weeks before Egypt goes to the polls to elect a new parliament, the country's military rulers are facing heavy criticism over proposed constitutional amendments seen by voters as a bid to tighten their grip on power.
Published 07 Nov, 2011 12:00am
A 'reactionary' Khan

A 'reactionary' Khan

Faced with a leadership crisis, Pakistan is facing a multitude of problems on the socio-economic and political fronts. All indicators suggest that the way things are moving; there is no sign that there will be recession in the agonies of the people in nea
Published 07 Nov, 2011 12:00am
Eid-ul-Azha to be celebrated with religious zeal today

Eid-ul-Azha to be celebrated with religious zeal today

Eid-ul-Azha will be celebrated on Monday across the division with religious fervour and renewed pledge to work for national solidarity, integrity and prosperity. Eid-ul-Azha is celebrated in commemoration of Prophet Ibrahim's (AS) readiness to sacrifice h
Published 07 Nov, 2011 12:00am
Government fails to protect life and property of masses: JI

Government fails to protect life and property of masses: JI

Ameer, Jamaat-e-Islami, Pakistan, Syed Munawar Hasan, has congratulated the nation on the occasion of Eid-ul-Adha. In a message to the nation on Sunday, he said that the country was facing several crises. The rulers have brought the country on the verge o
Published 07 Nov, 2011 12:00am
Special sites for sacrificial animals established

Special sites for sacrificial animals established

The administration of Shah Faisal Town has finalised arrangements regarding Eid-ul-Azha, which includes developing sites in the town for sacrificial animals. People have shown great interest in these sites where they will gather to slaughter thousands of
Published 07 Nov, 2011 12:00am
Eid-ul-Azha brings business for butchers, blacksmiths

Eid-ul-Azha brings business for butchers, blacksmiths

Eid-ul-Azha, one of two major Islamic celebrations, brings good business for butchers and blacksmiths, who because of their monopoly, charge the public at their will for their services. For blacksmiths, the days before Eid is the time for lucrative earnin
Published 07 Nov, 2011 12:00am
Fresh batch of 700 trainees joins SPD security force

Fresh batch of 700 trainees joins SPD security force

A fresh batch of 700 trainees have joined Strategic Plans Division (SDP) after successfully completed six months of vigorous advanced training in various realms of nuclear security. In this regard, an impressive graduation parade of the fresh batch of 700
Published 07 Nov, 2011 12:00am
Imran rules out alliance with any corrupt political party

Imran rules out alliance with any corrupt political party

Chairman, Pakistan Tehrik-e-Insaf (PTI), Imran Khan, has ruled out alliance with any 'corrupt' political party iin the next general elections In an interview with a private TV channel, the cricketer-turned-politician said, "PTI can form alliance with like
Published 07 Nov, 2011 12:00am
Police asked to remain on high alert on Eid-ul-Azha

Police asked to remain on high alert on Eid-ul-Azha

Capital City Police Officer (CCPO), Ahmad Raza Tahir has said that officers and officials of Lahore Police will celebrate their Eid-ul-Azha by ensuring peaceful atmosphere for the citizens. CCPO called upon Lahore Police personnel to leave no stone unturn
Published 07 Nov, 2011 12:00am
Call to build new dams to meet power needs

Call to build new dams to meet power needs

Saarc Chamber of Commerce & Industry (SCCI), an apex body of chambers in the region has stressed the need for immediate construction of water reservoirs and dams to meet the increasing power shortage. Speaking as chief guest at a roundtable discussion her
Published 07 Nov, 2011 12:00am
Eid prayers to be offered at 500 places

Eid prayers to be offered at 500 places

Eid-ul-Azha will be celebrated on Monday across the country with religious fervour and renewed pledge to work for national solidarity, integrity and prosperity of the country.
Published 07 Nov, 2011 12:00am
Recovery of abducted traders demanded

Recovery of abducted traders demanded

President Chamber of Commerce and Industry HCCI, Goharullah and the members of executive committee have condemned the kidnapping of traders from Lahore Khalid Mehmood khan, Khalid Waleed and Khawaja Barkat Ahmed and demanded to get them released immediate
Published 07 Nov, 2011 12:00am
'Provinces have the right to establish LG system'

'Provinces have the right to establish LG system'

After the 18th constitutional amendment in the constitution, provinces have the right to establish the local government system under the circumstances or the ground reality and according to the wishes of the people of the province. This was stated by Sind
Published 07 Nov, 2011 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (October 31 to November 04 2011)

Published 07 Nov, 2011 12:00am
The Weather

The Weather

The weather report on Sunday (November 06, 2011) and the forecast for Monday (November 07, 2011).

Published 07 Nov, 2011 12:00am
Greek Prime Minister, opposition leader reach deal

Greek Prime Minister, opposition leader reach deal

Greek Prime Minister George Papandreou and opposition leader Antonis Samaras have agreed on a new coalition government to approve a euro zone bailout deal before elections, the office of the country's president said on Sunday. The agreement came after the
Published 07 Nov, 2011 12:00am
Greek Prime Minister, opposition leader reach deal

Greek Prime Minister, opposition leader reach deal

Greek Prime Minister George Papandreou and opposition leader Antonis Samaras have agreed on a new coalition government to approve a euro zone bailout deal before elections, the office of the country's president said on Sunday. The agreement came after the
Published 07 Nov, 2011 12:00am
Greek Prime Minister, opposition leader reach deal

Greek Prime Minister, opposition leader reach deal

Greek Prime Minister George Papandreou and opposition leader Antonis Samaras have agreed on a new coalition government to approve a euro zone bailout deal before elections, the office of the country''s president said on Sunday. The agreement came after th
Published 07 Nov, 2011 12:00am
Papandreou steps down

Papandreou steps down

Greek Prime Minister George Papandreou on Sunday agreed to step down and political leaders will meet tomorrow to form a new unity government to end the political crisis, the president's office said. The deal was reached after a meeting between Papandreou,
Published 07 Nov, 2011 12:00am
Papandreou steps down

Papandreou steps down

Greek Prime Minister George Papandreou on Sunday agreed to step down and political leaders will meet tomorrow to form a new unity government to end the political crisis, the president's office said. The deal was reached after a meeting between Papandreou,
Published 07 Nov, 2011 12:00am
Government should expose Benazir's killers: Mirza

Government should expose Benazir's killers: Mirza

Former Home Minister Sindh Dr Zulfiqar Mirza has said that government should tell the nation who was behind the killing of Benazir Bhutto, who did the blast and who was responsible for negligence in security arrangements, Aaj News reported.
Published 07 Nov, 2011 12:00am
Holiday Notice

Holiday Notice

The office of Business Recorder will remain closed today and tomorrow, Monday and Tuesday, (November 7 & 8) on account of EID-UL-AZHA. There will, therefore, be no issue of the newspaper on Tuesday and Wednesday (November 8 & 9).
Published 07 Nov, 2011 12:00am
Holiday Notice

Holiday Notice

The office of Business Recorder will remain closed today and tomorrow, Monday and Tuesday, (November 7 & 8) on account of EID-UL-AZHA. There will, therefore, be no issue of the newspaper on Tuesday and Wednesday (November 8 & 9).
Published 07 Nov, 2011 12:00am
World Muslims mark Eid-ul-Azha, warned of dangers

World Muslims mark Eid-ul-Azha, warned of dangers

Muslims around the world marked the Eid-ul-Azha on Sunday overshadowed by the Arab Spring as Hajj pilgrims in Saudi Arabia were warned of dangers and urged to rally around their rulers.
Published 07 Nov, 2011 12:00am
World Muslims mark Eid-ul-Azha, warned of dangers

World Muslims mark Eid-ul-Azha, warned of dangers

Muslims around the world marked the Eid-ul-Azha on Sunday overshadowed by the Arab Spring as Hajj pilgrims in Saudi Arabia were warned of dangers and urged to rally around their rulers.
Published 07 Nov, 2011 12:00am
Eid-ul-Azha today

Eid-ul-Azha today

Eid-ul-Azha, also known as 'Festival of Sacrifice', is being celebrated by Muslims across the country today to commemorate the offer of Hazrat Ibrahim (AS) to sacrifice his son Hazrat Ismael (AS) as an act of obedience to God, before God intervened to pro
Published 07 Nov, 2011 12:00am
Eid-ul-Azha today

Eid-ul-Azha today

Eid-ul-Azha, also known as 'Festival of Sacrifice', is being celebrated by Muslims across the country today to commemorate the offer of Hazrat Ibrahim (AS) to sacrifice his son Hazrat Ismael (AS) as an act of obedience to God, before God intervened to pro
Published 07 Nov, 2011 12:00am
THE RUPEE: all round gains

THE RUPEE: all round gains

Firmness prevailed at currency market during the week ended on November 5, 2011 as the rupee registered gains versus both dollar and euro. In the interbank dealings, the rupee gained 49 paisa in relation to dollar for buying and selling at 86.09 and 86.13
Published 07 Nov, 2011 12:00am
THE RUPEE: all round gains

THE RUPEE: all round gains

Firmness prevailed at currency market during the week ended on November 5, 2011 as the rupee registered gains versus both dollar and euro. In the interbank dealings, the rupee gained 49 paisa in relation to dollar for buying and selling at 86.09 and 86.13
Published 07 Nov, 2011 12:00am
Scotland Yard stopped PCB punishing players: report

Scotland Yard stopped PCB punishing players: report

Scotland Yard had stopped Pakistan cricket authorities from taking any action against players involved in the spot-fixing scandal, fearing it may have prejudiced any criminal enquiry, a report seen by AFP revealed on Sunday.
Published 07 Nov, 2011 12:00am
Scotland Yard stopped PCB punishing players: report

Scotland Yard stopped PCB punishing players: report

Scotland Yard had stopped Pakistan cricket authorities from taking any action against players involved in the spot-fixing scandal, fearing it may have prejudiced any criminal enquiry, a report seen by AFP revealed on Sunday.
Published 07 Nov, 2011 12:00am
Over 957 WHT agents: FBR planning to allocate WINs

Over 957 WHT agents: FBR planning to allocate WINs

The Federal Board of Revenue (FBR) is planning to allocate Withholding Identification Numbers (WINs) or unique identification numbers withholding agents of sales tax and income tax including public sector companies to ensure compliance by agents having Na
Published 07 Nov, 2011 12:00am
Over 957 WHT agents: FBR planning to allocate WINs

Over 957 WHT agents: FBR planning to allocate WINs

The Federal Board of Revenue (FBR) is planning to allocate Withholding Identification Numbers (WINs) or unique identification numbers withholding agents of sales tax and income tax including public sector companies to ensure compliance by agents having Na
Published 07 Nov, 2011 12:00am
Over 957 WHT agents: FBR planning to allocate WINs

Over 957 WHT agents: FBR planning to allocate WINs

The Federal Board of Revenue (FBR) is planning to allocate Withholding Identification Numbers (WINs) or unique identification numbers withholding agents of sales tax and income tax including public sector companies to ensure compliance by agents having Na
Published 07 Nov, 2011 12:00am
Pakistan rejects reports of nuclear insecurity

Pakistan rejects reports of nuclear insecurity

Pakistan on Sunday dismissed an article in a US magazine that called the South Asian nation an "ally from hell" for Washington and raised questions about the safety of its nuclear arsenal and commitment to fighting militancy. A statement from Pakistan's M
Published 07 Nov, 2011 12:00am
Pakistan rejects reports of nuclear insecurity

Pakistan rejects reports of nuclear insecurity

Pakistan on Sunday dismissed an article in a US magazine that called the South Asian nation an "ally from hell" for Washington and raised questions about the safety of its nuclear arsenal and commitment to fighting militancy. A statement from Pakistan's M
Published 07 Nov, 2011 12:00am
Gilani invites Russian ivestors

Gilani invites Russian ivestors

Prime Minister Syed Yousuf Raza Gilani on Sunday arrived in Russia's historical city of Saint Petersburg to represent Pakistan at the 10th Heads of Government Council meeting of the Shanghai Co-operation Organisation (SCO) and discuss issues relating to e
Published 07 Nov, 2011 12:00am
Gilani invites Russian ivestors

Gilani invites Russian ivestors

Prime Minister Syed Yousuf Raza Gilani on Sunday arrived in Russia's historical city of Saint Petersburg to represent Pakistan at the 10th Heads of Government Council meeting of the Shanghai Co-operation Organisation (SCO) and discuss issues relating to e
Published 07 Nov, 2011 12:00am
Gilani invites Russian ivestors

Gilani invites Russian ivestors

Prime Minister Syed Yousuf Raza Gilani on Sunday arrived in Russia''s historical city of Saint Petersburg to represent Pakistan at the 10th Heads of Government Council meeting of the Shanghai Co-operation Organisation (SCO) and discuss issues relating to
Published 07 Nov, 2011 12:00am
Power distribution companies enhancing losses

Power distribution companies enhancing losses

Power distribution companies have continued to show dismal performance with unbearable negligence and serious inefficiencies, affecting the worst electricity crisis throughout the country amid huge line losses and poor recoveries of bills' payment.
Published 07 Nov, 2011 12:00am
Power distribution companies enhancing losses

Power distribution companies enhancing losses

Power distribution companies have continued to show dismal performance with unbearable negligence and serious inefficiencies, affecting the worst electricity crisis throughout the country amid huge line losses and poor recoveries of bills' payment.
Published 07 Nov, 2011 12:00am
Power distribution companies enhancing losses

Power distribution companies enhancing losses

Power distribution companies have continued to show dismal performance with unbearable negligence and serious inefficiencies, affecting the worst electricity crisis throughout the country amid huge line losses and poor recoveries of bills'' payment.
Published 07 Nov, 2011 12:00am
14 former ministers may join Imran Khan

14 former ministers may join Imran Khan

As many as 14 ex-ministers have expressed their intention to join Imran Khan's Pakistan Tehrik-e-Insaf, former minister for industries, production and special initiative Jehangir Khan Tareen said. Tareen, who is in London these days, told a private televi
Published 07 Nov, 2011 12:00am
14 former ministers may join Imran Khan

14 former ministers may join Imran Khan

As many as 14 ex-ministers have expressed their intention to join Imran Khan's Pakistan Tehrik-e-Insaf, former minister for industries, production and special initiative Jehangir Khan Tareen said. Tareen, who is in London these days, told a private televi
Published 07 Nov, 2011 12:00am
Positive trend on KSE

Positive trend on KSE

The Karachi share market witnessed during the week ended on November 5, 2011 on the back of investors' interest, on dips, mainly in the fertiliser sector stocks. The KSE-100 index rose by 395.63 points, closing the week at 11,957.30 points.
Published 07 Nov, 2011 12:00am
Positive trend on KSE

Positive trend on KSE

The Karachi share market witnessed during the week ended on November 5, 2011 on the back of investors' interest, on dips, mainly in the fertiliser sector stocks. The KSE-100 index rose by 395.63 points, closing the week at 11,957.30 points.
Published 07 Nov, 2011 12:00am
Positive trend on KSE

Positive trend on KSE

The Karachi share market witnessed during the week ended on November 5, 2011 on the back of investors'' interest, on dips, mainly in the fertiliser sector stocks. The KSE-100 index rose by 395.63 points, closing the week at 11,957.30 points.
Published 07 Nov, 2011 12:00am
Futures open interest up by 30 percent

Futures open interest up by 30 percent

The total open interest position at the futures counter during the week ended on November 5, 2011 increased by Rs 300 million, or 30 percent to Rs 1.3 billion. On the other hand, the futures spread showed divergent move, as it went down by 238bps to 6.0 p
Published 07 Nov, 2011 12:00am
Futures open interest up by 30 percent

Futures open interest up by 30 percent

The total open interest position at the futures counter during the week ended on November 5, 2011 increased by Rs 300 million, or 30 percent to Rs 1.3 billion. On the other hand, the futures spread showed divergent move, as it went down by 238bps to 6.0 p
Published 07 Nov, 2011 12:00am
Futures open interest up by 30 percent

Futures open interest up by 30 percent

The total open interest position at the futures counter during the week ended on November 5, 2011 increased by Rs 300 million, or 30 percent to Rs 1.3 billion. On the other hand, the futures spread showed divergent move, as it went down by 238bps to 6.0 p
Published 07 Nov, 2011 12:00am
Futures open interest up by 30 percent

Futures open interest up by 30 percent

The total open interest position at the futures counter during the week ended on November 5, 2011 increased by Rs 300 million, or 30 percent to Rs 1.3 billion. On the other hand, the futures spread showed divergent move, as it went down by 238bps to 6.0 p
Published 07 Nov, 2011 12:00am
Japan arrests captain of Chinese boat: report

Japan arrests captain of Chinese boat: report

Japan's coastguard on Sunday arrested the captain of a Chinese fishing boat that allegedly intruded into Japanese territorial waters, a report said. The 47-year-old captain was arrested on charges of violating fishing laws in Japan's exclusive economic zo
Published 07 Nov, 2011 12:00am
Ali Geelani rejects MFN status to India

Ali Geelani rejects MFN status to India

Pakistanis should rise and compel their government to withdraw a decision to grant most favoured nation status to arch rival India, a Kashmiri leader said on Sunday. Pakistan's cabinet last week announced that it had approved a proposal giving India the s
Published 07 Nov, 2011 12:00am
Ali Geelani rejects MFN status to India

Ali Geelani rejects MFN status to India

Pakistanis should rise and compel their government to withdraw a decision to grant most favoured nation status to arch rival India, a Kashmiri leader said on Sunday. Pakistan's cabinet last week announced that it had approved a proposal giving India the s
Published 07 Nov, 2011 12:00am
TCP offices to open on November 9

TCP offices to open on November 9

Under the directives of the Prime Minister, Trading Corporation of Pakistan (TCP) is going to purchase sugar up to 200,000 tons from local mills. A Gallop Tender in this regard has already been issued, which will be opened on Saturday, November 12, 2011.
Published 07 Nov, 2011 12:00am
TCP offices to open on November 9

TCP offices to open on November 9

Under the directives of the Prime Minister, Trading Corporation of Pakistan (TCP) is going to purchase sugar up to 200,000 tons from local mills. A Gallop Tender in this regard has already been issued, which will be opened on Saturday, November 12, 2011.
Published 07 Nov, 2011 12:00am
TCP offices to open on November 9

TCP offices to open on November 9

Under the directives of the Prime Minister, Trading Corporation of Pakistan (TCP) is going to purchase sugar up to 200,000 tons from local mills. A Gallop Tender in this regard has already been issued, which will be opened on Saturday, November 12, 2011.
Published 07 Nov, 2011 12:00am
Government accused of taking decisions to favour some, hurting others

Government accused of taking decisions to favour some, hurting others

A member of Prime Minister Yousaf Raza Gilani's Cabinet has accused the government of taking every decision in favour of some people, and hurting the interests of others. These remarks came at a time when the government is already facing multibillion rupe
Published 07 Nov, 2011 12:00am
Government accused of taking decisions to favour some, hurting others

Government accused of taking decisions to favour some, hurting others

A member of Prime Minister Yousaf Raza Gilani's Cabinet has accused the government of taking every decision in favour of some people, and hurting the interests of others. These remarks came at a time when the government is already facing multibillion rupe
Published 07 Nov, 2011 12:00am
Government accused of taking decisions to favour some, hurting others

Government accused of taking decisions to favour some, hurting others

A member of Prime Minister Yousaf Raza Gilani''s Cabinet has accused the government of taking every decision in favour of some people, and hurting the interests of others. These remarks came at a time when the government is already facing multibillion rup
Published 07 Nov, 2011 12:00am
Qantas offers free flights to woo back customers

Qantas offers free flights to woo back customers

Qantas Airways is offering free flights to passengers who were affected by the airline's decision to ground its entire fleet over a labour dispute, in the first of a number of measures to regain customer loyalty. Passengers who were unable to fly last wee
Published 07 Nov, 2011 12:00am
Qantas offers free flights to woo back customers

Qantas offers free flights to woo back customers

Qantas Airways is offering free flights to passengers who were affected by the airline's decision to ground its entire fleet over a labour dispute, in the first of a number of measures to regain customer loyalty. Passengers who were unable to fly last wee
Published 07 Nov, 2011 12:00am
Qantas offers free flights to woo back customers

Qantas offers free flights to woo back customers

Qantas Airways is offering free flights to passengers who were affected by the airline''s decision to ground its entire fleet over a labour dispute, in the first of a number of measures to regain customer loyalty. Passengers who were unable to fly last we
Published 07 Nov, 2011 12:00am
Most of US unemployed no longer receive benefits

Most of US unemployed no longer receive benefits

The jobs crisis has left so many people out of work for so long that most of America's unemployed are no longer receiving unemployment benefits. Early last year, 75 percent were receiving checks. The figure is now 48 percent a shift that points to a growi
Published 07 Nov, 2011 12:00am
Musharraf says Karzai refused Pakistan help

Musharraf says Karzai refused Pakistan help

Former president Pervez Musharraf hit out Sunday at Afghan President Hamid Karzai for forging a training alliance with India, saying Islamabad had offered him similar help but been rebuffed. "We've opened up all our training institutions free of cost. Com
Published 07 Nov, 2011 12:00am
Musharraf says Karzai refused Pakistan help

Musharraf says Karzai refused Pakistan help

Former president Pervez Musharraf hit out Sunday at Afghan President Hamid Karzai for forging a training alliance with India, saying Islamabad had offered him similar help but been rebuffed. "We've opened up all our training institutions free of cost. Com
Published 07 Nov, 2011 12:00am
Syrian forces kill 13 at start of Eid, Arabs to meet

Syrian forces kill 13 at start of Eid, Arabs to meet

Syrian forces shot dead at least 13 civilians on Sunday in a continued military assault on the restive city of Homs and in attacks on pro-democracy demonstrations that erupted after prayers marking the main Muslim feast, activists said.
Published 07 Nov, 2011 12:00am
Syrian forces kill 13 at start of Eid, Arabs to meet

Syrian forces kill 13 at start of Eid, Arabs to meet

Syrian forces shot dead at least 13 civilians on Sunday in a continued military assault on the restive city of Homs and in attacks on pro-democracy demonstrations that erupted after prayers marking the main Muslim feast, activists said.
Published 07 Nov, 2011 12:00am
Afghan suicide attack kills seven near mosque

Afghan suicide attack kills seven near mosque

At least seven civilians were killed and 15 others injured when a suicide bomber detonated explosives near a mosque in Baghlan province in northern Afghanistan on Sunday, the interior ministry said.
Published 07 Nov, 2011 12:00am
Afghan suicide attack kills seven near mosque

Afghan suicide attack kills seven near mosque

At least seven civilians were killed and 15 others injured when a suicide bomber detonated explosives near a mosque in Baghlan province in northern Afghanistan on Sunday, the interior ministry said.
Published 07 Nov, 2011 12:00am
KP Governor felicitates nation on Eid-ul-Azha

KP Governor felicitates nation on Eid-ul-Azha

Khyber Pakhtunkhwa (KP) Governor Barrister Masood Kausar has felicitated the nation in general and the people of Khyber Pakhtunkhwa and FATA in particular, on the eve of Eid-ul-Azha.
Published 07 Nov, 2011 12:00am
Fehmida felicitates countrymen

Fehmida felicitates countrymen

Dr Fehmida Mirza, Speaker National Assembly has extended her warm greetings to the fellow countrymen on the auspicious occasion of Eid-ul-Azha falling on November 7, 2011.
Published 07 Nov, 2011 12:00am
Women shoppers thronged 'Eid with Youth' exhibition

Women shoppers thronged 'Eid with Youth' exhibition

Women Shoppers and families thronged at "Eid Business Exhibition" organised by Women Business Development Centre (WBDC) to encourage youth for joining the business field in their practical life. The exhibition on titled "Eid with Youth" continued for thre
Published 07 Nov, 2011 12:00am
PMD predicts mainly dry weather during Eid

PMD predicts mainly dry weather during Eid

Pakistan Meteorological Department (PMD) said that mainly dry weather is expected in most parts of the Punjab including Federal Capital during Eid ul Azha.
Published 07 Nov, 2011 12:00am
Nawaz calls to include marginalised segments of society

Nawaz calls to include marginalised segments of society

President Pakistan Muslim League-N and former Prime Minister Mian Muhammad Nawaz Sharif has congratulated the nation on the occasion of Eid-ul-Azha. In his message, he said that this day gives us a lesson not to hesitate for sacrificing our most precious
Published 07 Nov, 2011 12:00am
Chief minister Punjab congratulates nation on Eid

Chief minister Punjab congratulates nation on Eid

Punjab Chief Minister Shahbaz Sharif, while congratulating the nation on the happy occasion of Eid-ul-Azha, said that this day reminds us the great sacrifice of Holy Prophet Hazrat Ibrahim (AS) which he rendered for earning the blessings of Allah Almighty
Published 07 Nov, 2011 12:00am
Christians greet Muslims

Christians greet Muslims

Pastor Marqus Sharif, General Secretary of Ibtadai Rasooli Kalisia has greeted the Muslims on the occasion of Eid-ul-Azha on behalf of Christians living across the country. In a message, he said Muslims and Christians have a centuries old relations of sha
Published 07 Nov, 2011 12:00am
President calls for harmonious society based on values of sacrifice

President calls for harmonious society based on values of sacrifice

President Asif Ali Zardari called upon people to adopt values of sacrifice, brotherhood, kindness and charity to create a tolerant and harmonious society In a message on the auspicious occasion of Eid-ul-Azha to be celebrated on November 7, he said, "I co
Published 07 Nov, 2011 12:00am
PML-Q Like-minded may meet Nawaz after Eid

PML-Q Like-minded may meet Nawaz after Eid

Like-minded and Independent groups of Pakistan Muslim League (PML-Q) are likely to meet with Pakistan Muslim League-Nawaz (PNL-N) Chief Mian Nawaz Saharif after Eid-ul-Azha to discuss strategy for making an alliance with PML-N, it is learnt.
Published 07 Nov, 2011 12:00am
Aasiya Andrabi admitted to hospital in Srinagar

Aasiya Andrabi admitted to hospital in Srinagar

The illegally detained Chief of Dukhtaran-e-Millat (DeM) in occupied Kashmir Aasiya Andrabi was shifted to Soura Institute of Medical Sciences after her condition deteriorated in occupied Srinagar central jail.
Published 07 Nov, 2011 12:00am
'Rs one billion funds for youths' employment earmarked'

'Rs one billion funds for youths' employment earmarked'

Punjab government is giving incentive to youngsters for their self employment, under which funds of one billion rupees have been earmarked for disbursing the loan of Rs 50,000/- to each applicant through distribution of yellow cab vehicle has already been
Published 07 Nov, 2011 12:00am
Jammu Martyrs Day observed in Sialkot, Narowal districts

Jammu Martyrs Day observed in Sialkot, Narowal districts

The Jammu Martyrs day was observed throughout Sialkot and Narowal district by the refugees from the occupied Jammu and Kashmir settled in both the districts on Sunday. The daylong programmes started with special prayers for the solidarity, unity and prosp
Published 07 Nov, 2011 12:00am
Progress on land record management reviewed

Progress on land record management reviewed

Punjab Chief Minister, Shahbaz Sharif presided over a meeting which reviewed progress on the project of Land Record Management and Information System, here Sunday. Addressing the meeting, the CM said that the project of computerisation of land record is o
Published 07 Nov, 2011 12:00am
Afghan trade team to import Pak-made diesel engine

Afghan trade team to import Pak-made diesel engine

A high level private sector trade delegation from Afghanistan will visit the provincial metropolis after Eid to import Pakistan made diesel engines for agricultural purpose.
Published 07 Nov, 2011 12:00am
PML-N chief returns

PML-N chief returns

Pakistan Muslim League-N chief, Mian Nawaz Sharif here Sunday returned home after his Turkey tour and London sojourn said to be for the purpose of medical check-up. The former Prime Minister was taken out through the old airport for security reasons.
Published 07 Nov, 2011 12:00am
PML-N practises hypocritical politics: Faiza

PML-N practises hypocritical politics: Faiza

Pakistan Peoples Party Women Wing President Faiza Malik has alleged the PML-N and its leadership practise the politics of hypocrisy. Addressing party workers in PP-146 here on Sunday, she said the PPP-led government would complete its constitutional tenur
Published 07 Nov, 2011 12:00am
Five repaired engines inducted into PR: GM

Five repaired engines inducted into PR: GM

General Manager Pakistan Railway, Saeed Akhtar said on Sunday that five repaired engines have been inducted into the railway's fleet. Talking to a private news channel, he said that the talks with 16 companies have been finalised to collect advance rent.
Published 07 Nov, 2011 12:00am
Work on projects of Aashiyana Housing schemes reviewed

Work on projects of Aashiyana Housing schemes reviewed

Punjab Chief Minister Shahbaz Sharif has said that Aashiyana Housing schemes are for the poor, widows, workers and farmers and facilities more than the residential schemes of elite are being provided in these residential schemes.
Published 07 Nov, 2011 12:00am
Need to adopt Chinese model of education stressed

Need to adopt Chinese model of education stressed

Agri scientists have stressed the need to adopt model of education of China, having a university town where various universities are operating in competitive environment. Malaysia, Turkey and China had made tremendous progress in every field because of ed
Published 07 Nov, 2011 12:00am
Multan Road Progress on rehabilitation projects reviewed

Multan Road Progress on rehabilitation projects reviewed

Punjab Chief Minister Shahbaz Sharif presided over a meeting which reviewed the pace of progress on the projects of rehabilitation of Multan Road, widening of Canal Road and Canal flyover. Secretary Communication and Works MajAzam Salman(Retd) informed ab
Published 07 Nov, 2011 12:00am
82 dengue patients reported in Punjab

82 dengue patients reported in Punjab

According to the report released by the Health Department Punjab here Sunday, 194 dengue patients have been cured and discharged from various hospitals of Lahore during the last 24 hours which include 44 patients from Mayo Hospital, 9 from LGH, 29 from Se
Published 07 Nov, 2011 12:00am
Qaim urges people to promote peace, brotherhood

Qaim urges people to promote peace, brotherhood

Sindh Chief Minister Syed Qaim Ali Shah has urged the people to forge unity in their ranks, promote peace, brotherhood and foil evil designs of elements indulged to destabilise the country. "The day of Eid-ul-Azha gives us a clear message of sacrifice and
Published 07 Nov, 2011 12:00am
Rangers arrest 32 suspects before Eid

Rangers arrest 32 suspects before Eid

Rangers raided different areas on Sunday and arrested at least 32 suspects. Rangers also recovered weapons and two vehicles from their custody. According to sources, rangers raided Suleman Farsi Society, Jumma Goth, Shah Faisal Town, Bawani Chali, Site To
Published 07 Nov, 2011 12:00am
Expert asks people to slaughter animals at dedicated sites

Expert asks people to slaughter animals at dedicated sites

The collective slaughtering of sacrificial animals and their offals would be a great help to prevent diseases during the Eidul Azha. "It is an appeal to the people to dedicate sites and ensure collective slaughtering of animals during Eidul Azha so as to
Published 07 Nov, 2011 12:00am
AJK Prime Minister visits Bhutto family's graveyard

AJK Prime Minister visits Bhutto family's graveyard

Prime Minister Azad Jammu Kashmir (AJK) Chaudhry Abdul Majeed, arrived from Karachi in a special plane at Moen-jo-dero Airport on Sunday, to pay homage to former chairperson of Pakistan Peoples Party and First Lady, Madar-e-Jamhooriat late Begum Nusrat Bh
Published 07 Nov, 2011 12:00am
Man gunned down

Man gunned down

A man was gunned down and two sustained serious injuries in firing near Frontier Metroville, Site Town here on Sunday. According to Chhipa ambulance sources, an assailant fired indiscriminately at a house and gunned down Noor Zamin, 40 s/o Sur Zamin where
Published 07 Nov, 2011 12:00am
Commodities' prices fluctuate both ways in line with global trends

Commodities' prices fluctuate both ways in line with global trends

Commodities on the wholesale markets fluctuated both ways in line with global trend during the week ended on November 5, 2011. On Monday scarcely any fluctuation in prices on the wholesale commodity markets was witnessed. However, rice Irri 6 Sindh low ty
Published 07 Nov, 2011 12:00am
Security at KU campus beefed up

Security at KU campus beefed up

University of Karachi has beefed up the security at the campus, an official of the institution said on Sunday. The decision came following an incident at the campus on Thursday when a lecturer was reportedly roughed up allegedly by some students after the
Published 07 Nov, 2011 12:00am
'Baitul Mal spending huge amount on deserving, needy persons'

'Baitul Mal spending huge amount on deserving, needy persons'

Chairman of Pakistan Baitul Mal (PBM) Zamurad Khan has said that the PBM is spending a huge amount for helping most deserving and needy persons. He said that the Baitul Mal had introduced a programme under which adopted orphan children would be provided a
Published 07 Nov, 2011 12:00am
Triple blasts in Iraqi capital, at least 10 dead

Triple blasts in Iraqi capital, at least 10 dead

At least 10 people were killed when three bomb blasts rocked a busy market in Iraq's capital on Sunday where people were shopping for the Muslim festival of Eid al-Adha, police sources said. The blasts occurred in Shurja, an important commercial district
Published 07 Nov, 2011 12:00am
Crew recapture Taiwan ship from Somali pirates

Crew recapture Taiwan ship from Somali pirates

The crew of a Taiwanese fishing vessel fought against armed Somali pirates to retake their ship after it was hijacked off East Africa, Taiwan authorities said Sunday. The 290-tonne Chin Yi Wen with a crew of 28, including nine Chinese, eight Filipinos, si
Published 07 Nov, 2011 12:00am
Israel arrests Palestinian over stabbing attack

Israel arrests Palestinian over stabbing attack

A Palestinian man has been arrested in connection with a stabbing attack that seriously wounded an Israeli teenager, Israel's military said on Sunday. In a statement, the military named the arrested man as Abad Elrahman Mahmud Alian Zayid and said he had
Published 07 Nov, 2011 12:00am
Qadhafi hometown in no mood to celebrate Eid festival

Qadhafi hometown in no mood to celebrate Eid festival

As Libyans across the country celebrated Sunday the beginning of the Muslim festival Eid al-Adha, Sirte the hometown of the late leader Moammer Qadhafi was in no festive mood. "Most families fled Sirte during the fierce fighting between the revolutionarie
Published 07 Nov, 2011 12:00am
More than 500 die in Thai floods

More than 500 die in Thai floods

The death toll from Thailand's worst floods in decades jumped above 500 on Sunday as the seemingly unstoppable waters crept deeper into Bangkok, swamping main roads and threatening the city centre. The government said the disaster has now killed 506 peopl
Published 07 Nov, 2011 12:00am
Colombian rebels promise to continue fight

Colombian rebels promise to continue fight

Colombian leftist rebels promised late Saturday to continue their struggle, despite the death of their Marxist leader Alfonso Cano. "Peace in Colombia will not come as a result of a demobilisation of the rebel force, but as a result of eradication of the
Published 07 Nov, 2011 12:00am
Two Yemen soldiers killed in clashes with militants

Two Yemen soldiers killed in clashes with militants

Two Yemeni soldiers were killed in overnight clashes with suspected al Qaeda fighters near the militant stronghold of Zinjibar, a military commander said on Sunday. An army unit, which attempted to move into the Ba Jidar neighbourhood in the east of the s
Published 07 Nov, 2011 12:00am
Bashir accuses South Sudan of 'betrayal'

Bashir accuses South Sudan of 'betrayal'

Sudan's President Omar al-Bashir on Sunday warned South Sudan against supporting rebels north of the border and accused Juba of "betrayal," in the latest sign of deteriorating bilateral relations. "The president of the republic addressed a strong message
Published 07 Nov, 2011 12:00am
IAEA report on Iran set to raise Middle East tension

IAEA report on Iran set to raise Middle East tension

The UN nuclear watchdog is expected this week to issue its most detailed report yet on research in Iran seen as geared to developing atomic bombs, heightening international suspicions of Tehran's agenda and stoking Middle East tensions.
Published 07 Nov, 2011 12:00am
Force against Iran would be destabilising: France

Force against Iran would be destabilising: France

Military attacks on Iran's nuclear programme could create a "totally destabilising" situation in the region, French Foreign Minister Alain Juppe said on Sunday, saying France would instead harden sanctions. "We can still strengthen them (sanctions) to put
Published 07 Nov, 2011 12:00am
Israel army, intel websites down after hacker threat

Israel army, intel websites down after hacker threat

The websites of Israel's army and intelligence services were down on Sunday, two days after a hacker group appeared to threaten the Jewish state over its interception a Gaza-bound flotilla. The websites of the Israel Defence Forces, Shin Bet domestic inte
Published 07 Nov, 2011 12:00am
Israel's Peres warns attack on Iran getting 'closer'

Israel's Peres warns attack on Iran getting 'closer'

Israeli President Shimon Peres warned on Sunday that an attack on Iran is becoming increasingly likely, days before a report by the UN's nuclear watchdog on Iran's nuclear programme. "The possibility of a military attack against Iran is now closer to bein
Published 07 Nov, 2011 12:00am
Obama allies target restrictive voter laws

Obama allies target restrictive voter laws

President Barack Obama's Democratic allies this week ramped up attacks on what they charged are unfairly restrictive voting laws that could swing key November 2012 elections to Republicans. House of Representatives Democrats, led by their number-two leade
Published 07 Nov, 2011 12:00am
Iraq stock market faces challenge in listing telecom firms

Iraq stock market faces challenge in listing telecom firms

Foreign investors' appetite for Iraq's stock market is rising before planned IPOs by the country's three mobile telephone operators, but the fledgling market's small size means it may struggle to cope with the listings.
Published 07 Nov, 2011 12:00am
Tokyo to trade in tight range next week

Tokyo to trade in tight range next week

Tokyo stocks are expected to trade in a tight range next week, after investors digested news that Greece may drop a plan to hold a referendum on the eurozone's rescue package, dealers said Friday. Tokyo stocks closed in positive territory, snapping a thre
Published 07 Nov, 2011 12:00am
Global Markets Weekahead: balancing the US economy and Greece!

Global Markets Weekahead: balancing the US economy and Greece!

The most profound event of the past week for investors may not have been either the on-off referendum plans in Athens or the machinations of the Group of 20 in Cannes, but a comment from Ben Bernanke in Washington.
Published 07 Nov, 2011 12:00am
BlackRock's Botein adds investor alternatives

BlackRock's Botein adds investor alternatives

BlackRock, the world's largest money manager, wants to attract more customers to its hedge fund, real estate and private equity offerings, filling a void left by Wall Street cutbacks. With investment banks curtailing proprietary trading and buyout funds i
Published 07 Nov, 2011 12:00am
London market to track eurozone news, rate decision

London market to track eurozone news, rate decision

British investors will next week pore over the latest eurozone debt crisis developments, alongside an interest rate decision from the Bank of England and company results. The FTSE 100 index of leading shares shed 3.1 percent over the week to finish at 5,5
Published 07 Nov, 2011 12:00am
Brazil slowdown to hamper recovery of bank shares

Brazil slowdown to hamper recovery of bank shares

Investors who bet on a strong recovery in Brazilian bank shares by the end of the year may have to wait a little longer as the nation's slowing economy drags on profits and operational performance. The nation's four biggest listed banks reported weak lend
Published 07 Nov, 2011 12:00am
Germany cashes in on euro benefits, for now

Germany cashes in on euro benefits, for now

While European leaders jet from summit to summit to save the euro and some Germans get nostalgic for the Deutsche mark, Europe's largest economy is still the biggest winner from the single currency, giving it a strong incentive to foot the bailout bill.
Published 07 Nov, 2011 12:00am
Wall Street Weekahead: coping with Europe's chaos

Wall Street Weekahead: coping with Europe's chaos

US stock investors have had to take their own self-help course on living with uncertainty due to Europe's crisis, and they may need to draw on that next week because it's never clear when the next upheaval will come. Sentiment will probably receive a boos
Published 07 Nov, 2011 12:00am
Kuveyt Turk deal spurs hopes for asset-backed sukuk

Kuveyt Turk deal spurs hopes for asset-backed sukuk

A $350 million sukuk issued by Turkish bank Kuveyt Turk last month was the country's first asset-backed sukuk, and is fuelling hopes for more such issues. But they remain unlikely to become widespread in most of the Islamic world, including the Gulf, with
Published 07 Nov, 2011 12:00am
Kuveyt Turk deal spurs hopes for asset-backed sukuk

Kuveyt Turk deal spurs hopes for asset-backed sukuk

A $350 million sukuk issued by Turkish bank Kuveyt Turk last month was the country's first asset-backed sukuk, and is fuelling hopes for more such issues. But they remain unlikely to become widespread in most of the Islamic world, including the Gulf, with
Published 07 Nov, 2011 12:00am
Slowing FDI portends emerging markets volatility

Slowing FDI portends emerging markets volatility

Emerging economies dependent on overseas financing to balance their books look vulnerable to another looming slowdown in bricks-and-mortar investment, as rising deficits in many countries force reliance on volatile financial market flows.
Published 07 Nov, 2011 12:00am
CNOOC terminates Pan American deal with BP

CNOOC terminates Pan American deal with BP

China's biggest offshore oil producer CNOOC Ltd said on Sunday its 50 percent-owned unit Bridas Energy Holdings has determined to terminate a deal to buy BP Plc's 60 percent stake in Argentina-based oil and gas group Pan American Energy LLC (PAE). In a fi
Published 07 Nov, 2011 12:00am
Israel strike to shut airports, economy

Israel strike to shut airports, economy

Israel's main labour union plans a strike that would shut airports, ports, banks and the stock market starting on Monday after talks with the government failed to produce an agreement over the status of workers employed through labour contractors.
Published 07 Nov, 2011 12:00am
IMF chief takes Europe rescue talks to Russia

IMF chief takes Europe rescue talks to Russia

International Monetary Fund chief Christine Lagarde takes her European rescue talks to petrodollar-rich Russia on Monday before visiting Asian giants China and Japan. Lagarde's two-day stay in Moscow - her first official foreign trip outside the European
Published 07 Nov, 2011 12:00am
China says Europe will overcome debt crisis

China says Europe will overcome debt crisis

China is confident that Europe will be able to overcome its debt crisis, Foreign Minister Yang Jiechi said, adding stability in the eurozone was crucial for the global economic recovery. Yang, however, made no mention about increasing investment in Europe
Published 07 Nov, 2011 12:00am
Dutch hanker for guilder in view of crisis

Dutch hanker for guilder in view of crisis

A majority of Dutch wish the country had stuck with its old currency, the guilder, a poll published on Sunday showed, reflecting deep misgivings over the single currency bloc. Dutch taxpayers have grown increasingly resentful of the high cost of bailing o
Published 07 Nov, 2011 12:00am
China pushing for iron ore pricing changes

China pushing for iron ore pricing changes

China, the world's biggest consumer of iron ore, is still hopeful that major foreign suppliers will change the way they set their prices, Zhu Jimin, chairman of the Shougang Group, one of the country's biggest steel producers, said on Sunday.
Published 07 Nov, 2011 12:00am
India considers SLR holdings for BASEL III

India considers SLR holdings for BASEL III

India's central bank is considering to what extent banks' holdings under the statutory liquidity ratio (SLR) can be used to meet capital requirements for Basel III global banking rules, a central banker said on Sunday.
Published 07 Nov, 2011 12:00am
Julius Baer raises bid for Sarasin

Julius Baer raises bid for Sarasin

Swiss private bank Julius Baer has raised its bid for unlisted Rabobank's stake in Swiss bank Sarasin and is now making an all cash offer, a newspaper reported on Sunday, citing sources close to the matter. "The management of Julius Baer has raised the of
Published 07 Nov, 2011 12:00am
UK minister says eurozone crisis hitting economy

UK minister says eurozone crisis hitting economy

British treasury minister Danny Alexander said the eurozone debt crisis was hitting business confidence, although the recent G20 summit in France had made positive steps towards boosting global financial firepower to help combat the region's problems.
Published 07 Nov, 2011 12:00am
France prepares for impending budget cuts

France prepares for impending budget cuts

French government ministers spent the weekend paving the way for additional belt-tightening measures to be announced on Monday, stressing prudence in light of the punishing eurozone crisis and the need to meet the country's deficit-cutting goals.
Published 07 Nov, 2011 12:00am
Swiss National Bank ready for more measures

Swiss National Bank ready for more measures

The Swiss National Bank is ready to take further measures to weaken the Swiss franc if the economic outlook and deflationary development make it necessary, its chairman said on Sunday in a newspaper interview.
Published 07 Nov, 2011 12:00am
China's tech firms back Beijing in controls on Internet

China's tech firms back Beijing in controls on Internet

The heads of China's largest technology companies have endorsed Beijing's aim to intensify controls of online social media, pledging to "stop the spread of harmful information" on the Internet, state news agency Xinhua said on Sunday.
Published 07 Nov, 2011 12:00am
Frazier fighting advanced liver cancer

Frazier fighting advanced liver cancer

Former world heavyweight champion Joe Frazier, who battled Muhammad Ali in a famed 1970s boxing trilogy, is fighting for his life with advanced liver cancer. Frazier, 67, was the first man to defeat the legendary Ali, taking the undisputed heavyweight tit
Published 07 Nov, 2011 12:00am
ICC have to be tougher, ban countries, says Condon

ICC have to be tougher, ban countries, says Condon

Countries who lack the resolution to deal with corrupt cricketers should be barred from the sport the first head of the International Cricket Council (ICC) anti-corruption unit Lord Condon told the BBC on Sunday.
Published 07 Nov, 2011 12:00am
Judges blame board inaction for betting scandal

Judges blame board inaction for betting scandal

Pakistan's senior judges, who conducted match-fixing inquiries in the past, Sunday said their recommendations to check corruption in cricket were ignored and that led to the latest betting scandal. A British judge Thursday sentenced former captain Salman
Published 07 Nov, 2011 12:00am
Japan's Aoh retains WBC super feather title

Japan's Aoh retains WBC super feather title

Japan's Takahiro Aoh defeated the previously unbeaten Devis Boschiero of Italy by a split points decision to successfully defend his WBC super featherweight title on Sunday in Tokyo. Two judges scored it 115-113 in favour of the defending champion, while
Published 07 Nov, 2011 12:00am
Pavlyuchenkova keeps Russia on Fed track

Pavlyuchenkova keeps Russia on Fed track

Anastasia Pavlyuchenkova of Russia levelled the scores at 2-2 in the Fed Cup final against Czech Republic, beating Lucie Safarova in straight sets here on Sunday. Earlier, this year's Wimbledon champion Petra Kvitova lifted the Czech Republic into a 2-1 l
Published 07 Nov, 2011 12:00am
Ana Ivanovic wins Commonwealth Bank final

Ana Ivanovic wins Commonwealth Bank final

Ana Ivanovic celebrated her 24th birthday on Sunday with a comfortable 6-3, 6-0 victory over Spain's Anabel Medina Garrigues in the final of the Commonwealth Bank Tournament of Champions. The Serbian former world number one and crowd favourite maintained
Published 07 Nov, 2011 12:00am
Ajmal's late strikes keep third Test in balance

Ajmal's late strikes keep third Test in balance

Off-spinner Saeed Ajmal took two wickets in an over to check Sri Lanka's victory bids on the fourth day of the third and final cricket Test against Pakistan at Sharjah stadium here on Sunday. The wily-spinner dismissed Angelo Mathews (13) and Kaushala Sil
Published 07 Nov, 2011 12:00am
Chanderpaul ton boosts West Indies

Chanderpaul ton boosts West Indies

Shivnarine Chanderpaul cracked an impressive 111 not out to pull the West Indies out of trouble on the opening day of the first Test against India on Sunday in New Delhi. The veteran left-hander hit two sixes and seven fours in his 24th Test hundred, and
Published 07 Nov, 2011 12:00am
Germans in the money if they win Euro 2012

Germans in the money if they win Euro 2012

The Germany national squad, plus coach Joachim Loew and his backroom staff, stand to make 300,000 euros (413,640 US dollars) per head if they win the Euro 2012 title in the Ukraine and Poland next June. Germany play a friendly against the Ukraine on Frida
Published 07 Nov, 2011 12:00am
Wolves boost survival bid with win over Wigan

Wolves boost survival bid with win over Wigan

Wolves boosted their bid to avoid relegation from the Premier League with a crucial 3-1 win over fellow strugglers Wigan at Molineux on Sunday. Mick McCarthy's team started the day just three points ahead of bottom of the table Wigan, but goals from Jamie
Published 07 Nov, 2011 12:00am
David wins record sixth World Open squash title

David wins record sixth World Open squash title

Malaysian squash superstar Nicol David won a record sixth women's World Open title here on Sunday with a straight games victory over England's Jenny Duncalf. David prevailed 11-2, 11-5, 11-0 in slightly less than half an hour in which the Amsterdam-based
Published 07 Nov, 2011 12:00am
Asia 2012 refining profits to fall on cooler demand

Asia 2012 refining profits to fall on cooler demand

Asian refiners could earn as much as 20 percent less in 2012 from processing a barrel of crude into fuel than this year's average, as they get pinched between new additions to capacity and expectations of slowing global demand growth.
Published 07 Nov, 2011 12:00am
Gazprom to explore for gas in Bangladesh

Gazprom to explore for gas in Bangladesh

Russia's Gazprom, the world's largest natural gas company, on October 31 proposed exploring for gas in Bangladesh's onshore fields to cushion an energy crisis that has slowed the country's economic growth, a senior government official said. A Gazprom dele
Published 07 Nov, 2011 12:00am
Westpac unveils 10 percent jump in annual profits

Westpac unveils 10 percent jump in annual profits

Australian banking giant Westpac unveiled a 10 percent jump in annual profits on November 02, but warned of a "softer" economic outlook due to jitters generated by Europe's debt crisis. Westpac's net profit jumped to Aus$6.99 billion (US$7.21 billion) in
Published 07 Nov, 2011 12:00am
Nomura posts $591 million loss, triples cost-cut target

Nomura posts $591 million loss, triples cost-cut target

Japan's Nomura Holdings posted its first quarterly loss in 2-1/2 years on November 01 due to a slump in investment banking revenues and tripled its cost-cutting target to $1.2 billion to cope with market conditions a top executive said were about as tough
Published 07 Nov, 2011 12:00am
Oilfield jobs boom in US despite recession

Oilfield jobs boom in US despite recession

Jobs related to oil and gas drilling account for more than one in eight of all net new nonfarm jobs in the United States since 2003, and almost one in five in the private sector, according to an analysis of data from the Bureau of Labour Statistics (BLS).
Published 07 Nov, 2011 12:00am
TDK to reduce global workforce by 11,000

TDK to reduce global workforce by 11,000

Japanese electronic component and data storage maker TDK said it would cut its global workforce by 11,000, or roughly 12 percent, amid cost-cutting measures to boost profitability. The reduction would take place over a two-year period, national broadcaste
Published 07 Nov, 2011 12:00am
Google offers free websites for small Indian firms

Google offers free websites for small Indian firms

Internet giant Google on November 02 launched a free start-up scheme to help small Indian businesses host their own websites as the country's booming economy increasingly moves online. Firms will be able to set up and maintain basic websites to boost thei
Published 07 Nov, 2011 12:00am
Barclays sets bar high and low for peers

Barclays sets bar high and low for peers

Barclays' latest numbers add up to a curate's egg. In a terrible third quarter for investment banks, Barclays did relatively well. But by the end of September, chief executive Bob Diamond had already axed 3,500 posts -- 500 more than previously expected f
Published 07 Nov, 2011 12:00am
Hugo Boss posts 30 percent profit rise in third quarter

Hugo Boss posts 30 percent profit rise in third quarter

German fashion retailer Hugo Boss announced on November 03 a strong rise in profits in the third quarter of this year, driven by strong demand in all of its main markets. Boss said in a statement its bottom-line profit jumped by 30 percent to 119.7 millio
Published 07 Nov, 2011 12:00am
Google Maps taking viewers inside shops

Google Maps taking viewers inside shops

Google's free online map service is letting shops, gyms, restaurants and other small businesses provide viewers glimpses of what lies behind facades seen on Street View. A test programme launched in April of last year was bearing fruit in a growing array
Published 07 Nov, 2011 12:00am
Google bakes freshness into search results

Google bakes freshness into search results

Google announced on November 3 a major adjustment to its search engine to bake more freshness into results. "Search results, like warm cookies right out of the oven or cool refreshing fruit on a hot summer's day, are best when they're fresh," Google fello
Published 07 Nov, 2011 12:00am
Google expands online bookstore to Canada

Google expands online bookstore to Canada

Google expanded its online bookstore to Canada on November 1, offering hundreds of thousands of electronic books for sale and millions of others for free.
Published 07 Nov, 2011 12:00am
iPhone 4S coming to more countries on 11th

iPhone 4S coming to more countries on 11th

Apple said on November 1 that the iPhone 4S, the latest version of its hot-selling smartphone, would go on sale in more countries in Asia, Europe and Central America this month. Apple said the iPhone 4S will be available on November 11 in Albania, Armenia
Published 07 Nov, 2011 12:00am
Microsoft offers defenses against Duqu virus

Microsoft offers defenses against Duqu virus

Microsoft on November 4 was advising companies how to defend against infection by a Stuxnet-like Duqu virus. The US technology colossus released the "workaround" along with detailed information it said would enable anti-virus software companies to detect
Published 07 Nov, 2011 12:00am
HP unveils plan to build low-power servers

HP unveils plan to build low-power servers

Hewlett Packard Co unveiled plans to develop extremely low-energy servers, partnering with companies such as chip designers ARM Holdings Plc and Advanced Micro Devices Inc in a move that could threaten the dominance of Intel Corp. Explosive growth in data
Published 07 Nov, 2011 12:00am
Tech-obsessed Koreans drive smartphone boom

Tech-obsessed Koreans drive smartphone boom

Technology-obsessed South Koreans fell in love with the smartphone relatively late, but are making up for lost time at astonishing speed. The number of smartphone subscribers hit 20.1 million late last week in a country of just under 49 million people - c
Published 07 Nov, 2011 12:00am
Tapjoy calms mobile 'app' storm

Tapjoy calms mobile 'app' storm

Start-up Tapjoy on November 3 set out to woo smartphone and tablet computer lovers with a marketplace that makes it easy to find and use applications suited to their tastes. Tapjoy.com differentiates itself from rivals such as Apple's App Store, the Andro
Published 07 Nov, 2011 12:00am
New website seeks to hold journalists accountable

New website seeks to hold journalists accountable

A Wikipedia-style website launched on October 31 which provides information about the journalists behind the by-lines. News Transparency is a creation of Ira Stoll, the founder of another website called FutureOfCapitalism.com and the former managing edito
Published 07 Nov, 2011 12:00am
Apple fixing iPhone 4S battery drain

Apple fixing iPhone 4S battery drain

Apple on November 2 said it is working to squash software bugs that have evidently been eating away at battery life in the iPhone 4s and other gadgets powered by its latest mobile operating system. "A small number of customers have reported lower than exp
Published 07 Nov, 2011 12:00am
Google bets on mobile Internet growth in India

Google bets on mobile Internet growth in India

Internet giant Google expects India's Internet growth to be driven by mobile users, predicting that they will form the majority of new Internet users in the country as low-priced smartphones become available. India now has 100 million Internet users, less
Published 07 Nov, 2011 12:00am
Google gives Gmail a new look

Google gives Gmail a new look

Google on November 1 unveiled a new look for its free email service, inviting users to switch if they like what they see. The new layout has a revamped "conversation view" to make it easier to keep track of who said what in email trails and improved tools
Published 07 Nov, 2011 12:00am
Giant crack glimpsed in Antarctic ice sheet

Giant crack glimpsed in Antarctic ice sheet

A massive crack is growing wider in the Antarctic ice sheet and could break apart in the coming months, forming an iceberg the size of New York City, NASA scientists warned on November 03. The crack in western Antarctica's Pine Island Glacier stretches fo
Published 07 Nov, 2011 12:00am
Arabian cyclones intensified by South Asian pollution

Arabian cyclones intensified by South Asian pollution

Airborne pollution from South Asia is helping to brew monster storms in the Arabian Sea that have claimed thousands of lives and cost billions of dollars, scientists said on November 02. In a paper published in the British journal Nature, researchers poin
Published 07 Nov, 2011 12:00am
Yoga aids chronic back pain

Yoga aids chronic back pain

People who took yoga classes for chronic lower back pain experienced more lifestyle improvements and better overall health than those who sought a doctor's advice, said a study published on November 01. The research in the US journal the Annals of Interna
Published 07 Nov, 2011 12:00am
Scientists make human blood protein from rice

Scientists make human blood protein from rice

Scientists at a Chinese university said they can use rice to make albumin, a protein found in human blood that is often used for treating burns, traumatic shock and liver disease. When extracted from rice seeds, the protein is "physically and chemically e
Published 07 Nov, 2011 12:00am
More evidence obesity tied to colon cancer

More evidence obesity tied to colon cancer

Older adults who are heavy, especially around the middle, seem to have a higher risk of developing colon cancer than their thinner peers - and exercise may lower the incidence of the disease, especially for women, a European study said.
Published 07 Nov, 2011 12:00am
No heart attack risk from attention-deficit drugs

No heart attack risk from attention-deficit drugs

A major study of more than one million children and young adults has shown no higher risk of heart attack among those who take drugs for attention deficit hyperactivity disorder, a US study said. "This large study showed no evidence that current use of an
Published 07 Nov, 2011 12:00am
Biggest spike ever in global warming gases

Biggest spike ever in global warming gases

Harmful carbon emissions from burning fossil fuels made their biggest ever annual jump in 2010, according to the US Department of Energy's latest world data released last week.
Published 07 Nov, 2011 12:00am
Nigerian forces hunt killers, locals demand security

Nigerian forces hunt killers, locals demand security

Nigerian security forces said on Sunday they were hunting for militants behind a co-ordinated attack in the north that killed at least 65 people, as shocked residents demanded the government do more to protect them.
Published 07 Nov, 2011 12:00am
Bike, radio gave Israeli held in Gaza some reprieve

Bike, radio gave Israeli held in Gaza some reprieve

Gilad Shalit's captors provided him with a stationary bicycle, a radio and paper on which to draw and chronicle his captivity, according to officials who disclosed on Sunday preliminary details of the freed Israeli soldier's ordeal.
Published 07 Nov, 2011 12:00am
Turkish hacker claims credit for French paper cyber-attack

Turkish hacker claims credit for French paper cyber-attack

A Turkish hacker claimed credit on Sunday for bringing down the website of a French satirical weekly that published images of the Prophet Mohammed (PBUH) that he said were an insult to Islam. But in an interview with France's Le Journal du Dimanche, the h
Published 07 Nov, 2011 12:00am
Eight killed in mudslides in Colombia

Eight killed in mudslides in Colombia

At least eight people were killed Saturday and dozens were missing when mudslides swept over parts of towns in western Colombia as the country was battered by ongoing heavy rain, authorities said. In one of the incidents that hit Quindio and Caldas depart
Published 07 Nov, 2011 12:00am
Singapore's Lee fighting nervous disease

Singapore's Lee fighting nervous disease

Singapore's founding leader Lee Kuan Yew is fighting a neurological disease that is making it difficult for him to walk steadily, his daughter revealed Sunday. Lee, who turned 88 in September, suffers from sensory peripheral neuropathy, his physician daug
Published 07 Nov, 2011 12:00am
Guatemala chooses president amid vote-buying charges

Guatemala chooses president amid vote-buying charges

Polls opened early Sunday in Guatemala's runoff presidential election, in an acrimonious atmosphere exacerbated by charges of vote buying. More than 7.3 million Guatemalans are eligible to take part in the polls pitting right-wing retired general Otto Per
Published 07 Nov, 2011 12:00am
Kenya-Eritrea row over arms to Somalia grows

Kenya-Eritrea row over arms to Somalia grows

Eritrea has rejected Kenyan suspicions that it may be arming Islamist al Shabaab rebels in Somalia, as a diplomatic row between the two countries intensifies. Kenya's Foreign Affairs Minister Moses Wetangula said on Friday he had summoned the Eritrean amb
Published 07 Nov, 2011 12:00am
Last mountain priest dies in India's Sikkim

Last mountain priest dies in India's Sikkim

An ancient ritual of worshipping Kanchenjunga, the world's third-highest mountain, has ended with the death of the last Lepcha priest in remote northeast India, reports said Sunday. "The tradition has ended forever. It is not possible for another person t
Published 07 Nov, 2011 12:00am
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