News Archives for Latest - 2017-01-27

Football

Football: Messi's first coach dies in Argentina

BUENOS AIRES: Ernesto Vecchio, the first coach of Lionel Messi when the budding superstar was a young rookie in Argentina, has died at the age of 65, the Newell's Old Boys club announced Friday.

Published 27 Jan, 2017 07:32pm

Sports

Tennis: Past wins against Federer mean nothing, says Nadal

MELBOURNE: Rafael Nadal insisted his past Grand Slam wins against Roger Federer will have no bearing on their much-awaited showdown in the Australian Open final on Sunday.

Published 27 Jan, 2017 07:23pm

World Top News

COAS approves deployment of Army for census

RAWALPINDI: Chief of Army Staff (COAS) General Qamar Javed Bajwa Friday approved plan for deployment of Army to assist for smooth conduct of the national housing and population census.

Published 27 Jan, 2017 07:22pm

General News

Pakistan keen to encourage cultural exchange with Iran: Marriyum

ISLAMABAD: Minister of State for Information, Broadcasting and National Heritage Marriyum Aurangzeb Friday said that Pakistan was keen to promote cultural exchanges and people-to-people contacts to deepen exiting religious and cultural bonds with Iran.

Published 27 Jan, 2017 07:21pm

General News

I never used derogatory language against opponents: Khaqan

ISLAMABAD: Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi Friday said he had never used derogatory language against his opponents in his entire political career.

Published 27 Jan, 2017 07:20pm

General News

Marriyum calls for effective strategy to save water for future needs

ISLAMABAD: Minister of State for Information, Broadcasting and National Heritage Marriyum Aurangzeb on Friday called for evolving an effective strategy to save water for future needs.

Published 27 Jan, 2017 07:16pm

World

IMF says Greece debt 'explosive' in long term

WASHINGTON: Greece's government debt remains "highly unsustainable," and will be "explosive" in the longer run, requiring a more credible debt relief plan from Europe, the International Monetary Fund said in a report obtained by AFP.

Published 27 Jan, 2017 07:15pm

Pakistan Top News

Tariff cutting accord vital for Pakistani exports to EU: Dastgir

ISLAMABAD: Minister for Commerce Khurram Dastgir Friday said a tariff cutting accord for Pakistani exports to Europe was an essential tool in the country's fight against terrorism and illegal migration.

Published 27 Jan, 2017 07:13pm

General News

Senate body to be briefed on variety system of sugarcane in Punjab

ISLAMABAD: Senate Standing Committee on National Food Security and Research will be briefed on the variety system of sugarcane in Punjab.

Published 27 Jan, 2017 07:10pm

Front Top News

Pakistan-EU energy dialogue commences in Brussels

ISLAMABAD: The Pakistan-European Union Energy Dialogue took place in Brussels, which is part of both sides' engagement plan.

Published 27 Jan, 2017 07:09pm

Football

Football: Rooney sees management in his future

LONDON: Manchester United forward Wayne Rooney has revealed he wants to go into management when he hangs up his boots.

Published 27 Jan, 2017 07:08pm

General News

KP govt introduces system to deal with lawlessness: Khattak

PESHAWAR: Khyber Pakhtunkhwa Chief Minister Pervez Khattak on Friday said the provincial government had introduced a system to deal lawlessness.

Published 27 Jan, 2017 07:07pm

Football

Football: Wenger given four-game ban for touchline row

LONDON: Arsene Wenger was given a four-game touchline ban by the Football Association on Friday after accepting a misconduct charge following an incident that saw the veteran Arsenal manager sent off in Sunday's dramatic win over Burnley.

Published 27 Jan, 2017 07:06pm

North America

Trump says Brexit will give British their 'own identity'

WASHINGTON: US President Donald Trump threw his weight behind Britain's exit from the European Union on Friday, saying it would be a "wonderful thing" for the country.

Published 27 Jan, 2017 07:05pm

North America

New US envoy says Trump goal at UN is to show US strength

UNITED NATIONS: New US Ambassador Nikki Haley presented her credentials to UN Secretary-General Antonio Guterres on Friday, after vowing to overhaul the world body, while putting US allies on notice: "For those that dont have our back, we were taking name

Published 27 Jan, 2017 07:04pm

Commodities

US Cash Grains-Corn bids steady/mixed, beans mostly unchanged

CHICAGO: Spot basis bids for corn at processors and elevators in the US Midwest were flat to narrowly mixed and generally steady for soybeans on Friday, grain merchants said.

Published 27 Jan, 2017 05:48pm

Commodities

US Cash Soymeal-Offers steady to weak as supplies build

CHICAGO: Cash soymeal basis offers were steady to weaker on Friday in US Midwest rail and truck markets, pressured by ample nearby supplies of the feed ingredient, dealers said.

Published 27 Jan, 2017 05:47pm

Energy

North Sea Crude-Brent and Forties strengthen, March programmes due

LONDON: North Sea Forties and Brent crude differentials firmed further on Friday, supported by stronger bids, while Ekofisk weakened slightly.

Published 27 Jan, 2017 05:46pm

World

IMF's Lagarde says Uganda needs to rely less on credit for infrastructure

KAMPALA: Uganda needs to tap more of its domestic revenues to fund infrastructure development, because reliance on borrowed funds is "unworkable" and could lead to a spike in debt, IMF Managing Director Christine Lagarde said on Friday.

Published 27 Jan, 2017 05:45pm

World

Moody's fires French Le Pen credit rating warning

LONDON: France's credit rating could be threatened if far-right party leader Marine Le Pen reaches the second round of presidential elections, Moody's top European analyst said on Wednesday.

Published 27 Jan, 2017 05:43pm

Financial

European shares lower as UBS weighs on banks; Tesco surges

MILAN: European shares pulled back on Friday with UBS dragging bank stocks lower after posting a drop in full-year profit, while Britain's biggest supermarket Tesco surged after a 3.

Published 27 Jan, 2017 05:40pm

Industry

Ford sees return to Russian market growth in 2017

PARIS: Ford expects the embattled Russian car market to return to growth this year as improved stability in exchange rates and prices brings customers back into showrooms.

Published 27 Jan, 2017 05:37pm

North America

McCain warns Trump not to lift sanctions on Russia

WASHINGTON: US Senator John McCain, commenting on Friday on speculation that President Donald Trump is considering lifting sanctions on Russia, said he hoped the administration would reject that "reckless course.

Published 27 Jan, 2017 05:36pm

Industry

GM to cut 625 auto jobs in Canada, move to Mexico

TORONTO: General Motors Co will cut 625 jobs at its auto assembly plant in Ingersoll, Ontario by the end of July and move the production work to Mexico, the president of Canada's largest auto workers union said on Friday.

Published 27 Jan, 2017 05:33pm

North America

Senator says US Labor Dept dismantled website for Wells Fargo workers

WASHINGTON: Democratic Senator Elizabeth Warren on Friday accused the US Labor Department of dismantling a website designed to help Wells Fargo workers file whistleblower retaliation and other complaints against the bank after Donald Trump became presiden

Published 27 Jan, 2017 05:32pm

Financial

Sterling flops after strong week of gains

LONDON: Sterling slipped from a five-week high on Friday but remained on track for one of its strongest weeks since mid-November, with investors setting aside their Brexit concerns to focus on signs the British economy is growing robustly.

Published 27 Jan, 2017 05:29pm

Commodities

Yemen's wheat reserves down to three months supply: UN

LONDON: Yemen has roughly three months supply of wheat left to draw from, leaving the country exposed to serious disruption as a central bank crisis cuts food imports and starvation deepens, the top UN aid official in the country told Reuters.

Published 27 Jan, 2017 04:07pm

Financial

US bond yields fall as Q4 GDP disappoints

NEW YORK: US Treasury yields fell on Thursday, with benchmark yields slipping below 2.

Published 27 Jan, 2017 04:06pm

Money & Banking

UBS hopes Trump policies will boost wealth management

ZURICH: UBS hopes optimism surrounding new US President Donald Trump's proposed policies will boost its core wealth management business, the Swiss bank said on Friday, after reporting a sharp fall in profits.

Published 27 Jan, 2017 04:05pm

Financial

TSX notches broad gains, energy stocks slip

TORONTO: Canada's main stock index inched higher in early trade on Friday and was on track for a 0.

Published 27 Jan, 2017 04:03pm

North America

Trump to speak with leaders of Russia, Germany, France: White House

WASHINGTON: US President Donald Trump will hold telephone calls with the leaders of Russia, Germany, and France on Saturday, White House spokesman Sean Spicer said in a tweet on Friday.

Published 27 Jan, 2017 04:02pm

Commodities

Thermal coal seen retaining gains this year, driven by China policy

LONDON: Thermal coal is expected to retain much of the price gains made last year as it continues to be one of the best performing commodities, driven by Chinese policies to reduce coal output and thereby oversupply, analysts and traders said.

Published 27 Jan, 2017 04:00pm

Europe

New foreign minister - transatlantic ties to remain core of German policy

BERLIN: Germany's new Foreign Minister Sigmar Gabriel said on Friday that Europe, the country's transatlantic partnership with the United States, and multilateralism would remain core to the country's foreign policies.

Published 27 Jan, 2017 03:50pm

Financial

Nasdaq opens higher on strong tech results

NEW YORK: The S&P 500 and the Dow Jones Industrial Average opened little changed on Friday, while strong results from tech companies propped up the Nasdaq.

Published 27 Jan, 2017 03:49pm

Commodities

Gold prices head for first weekly drop of 2017

LONDON: Gold pared losses on Friday after softer than forecast US growth data pulled the dollar off earlier highs, but the metal remained on track for its first weekly loss of the year as traders cashed in on this week's rally to two-month highs.

Published 27 Jan, 2017 03:38pm

Money & Banking

Danske Bank shifts portfolio towards Europe, US stocks

COPENHAGEN: Danske Bank has increased the portion of its portfolios invested in stocks, mostly in Europe and the United States, as it expects heightened political risk in emerging markets during Donald Trump's presidency.

Published 27 Jan, 2017 03:38pm

Commodities

CBOT Trends-Wheat and soybeans steady to down 1 cent, corn mixed

CHICAGO: Following are US trade expectations for the resumption of the grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.

Published 27 Jan, 2017 03:33pm

Financial

C$ edges lower as oil falls; on track for weekly gain

TORONTO: The Canadian dollar edged lower against its US counterpart on Friday as oil fell and the greenback extended its recovery against a basket of currencies, but the loonie remained on track to score its biggest weekly gain since early December.

Published 27 Jan, 2017 03:31pm

Europe

Bank of England to sit tight as Brexit cross-winds blow

LONDON: Mark Carney, who has spent much of his time in charge of the Bank of England trying to signal what the central bank is planning, will probably say next week that he doesn't know what its next move will be.

Published 27 Jan, 2017 03:30pm

Energy

Algeria top gas supplier to Spain in 2016, eyes more EU exports

ALGIERS: Algeria expects to increase exports of natural gas in 2017 as it looks to build on its top spot in sales to Spain last year and strong sales to Italy and Portugal, a source at state energy firm Sonatrach said.

Published 27 Jan, 2017 03:27pm

World

Venezuela demands apology over Colombia VP's 'xenophobic' remarks

CARACAS: Venezuelan President Nicolas Maduro's government demanded an apology from Colombia on Friday for "xenophobic" remarks by its vice president, who used a derogatory term for Venezuelans while vowing foreigners would not benefit from social prog

Published 27 Jan, 2017 03:02pm

Sports

Nadal downs Dimitrov in classic five-set semi to reach Federer final

%D%AMELBOURNE: Rafael Nadal set up an Australian Open final against his great rival Roger Federer after edging Grigor Dimitrov in a classic five-set semi-final which stretched for nearly five hours on Friday.

Published 27 Jan, 2017 02:11pm

Cricket

Wade replaces injured Smith as NZ tour skipper

%D%ASYDNEY: Australian wicketkeeper Matthew Wade has assumed captaincy duties for the upcoming New Zealand tour after injury ruled out Steve Smith, with youngster Sam Heazlett called up as his replacement, Cricket Australia said Friday.

Published 27 Jan, 2017 01:08pm

Front Top News

Bol News issued notice for airing Amir Liaquat's show despite ban

%D%AKARACHI: The Pakistan Electronic Media Regulatory Authority (PEMRA) on Friday issued a show cause notice to Bol News for airing "Aisay Nahi Chalay Ga" hosted by TV anchor/news analyst/religious scholar/politician Amir Liaquat despite an all-out ban on

Published 27 Jan, 2017 12:55pm

Arts

AKUH issues clarification after defamatory claims on social media

Medical experts say that medical errors occur even in the worlds best institutions because they are human errors.

Published 27 Jan, 2017 12:27pm

Pakistan Top News

RECORDER REPORT-PSX close of day

KARACHI: Karachi Stock Exchange (KSE) 100 index closed higher on Friday having 49963.

Published 27 Jan, 2017 11:58am

Featured Photos

Shelter From The Storm By Dougie Cunningham

Photo Credit: Dougie Cunningham%D%ATaken by Dougie Cunningham of Loch Stack in Sutherland won the Classic view 2016 in the Take a View - Landscape photographer of the Year Awards.

Published 27 Jan, 2017 11:20am

Featured Photos

Vicarious by Dylan Schwartz

Photo Credit: Dylan Schwartz%Dylan Schwartz, an amazing art director, designer, filmmaker and photographer from Los Angeles, who currently works at Saatchi & Saatchi has worked with clients like HBO, Nissan, Sony Playstation, Toyota, IBM.

Published 27 Jan, 2017 11:12am

Featured Photos

Pine Tree Meadow by Johanner Hulsch

Photo Credit: Johanner Hulsch%D%AJohannes Hulsch is a talented 20 years old self-taught photographer and student based in Leipzig, Germany.

Published 27 Jan, 2017 11:09am

General News

UNHCR hands over community projects to Sindh Govt

KARACHI: As part of efforts to bridge gaps between local population (Pakistanis) and Afghan refugee communities, the UN Refugee Agency (UNHCR) here on Friday formally handed over four projects to the government of Sindh.

Published 27 Jan, 2017 11:07am

Featured Photos

Gloria by Benjamin Henon

Photo Credit: Benjamin Henon%Denjamin Henon is an professional 40-year-old photographer and artist who was born and grew up in Senlis, a small town in the North of France and currently lives and works in Paris.

Published 27 Jan, 2017 11:02am

Sports

Safarova, Mattek-Sands dance to doubles title

MELBOURNE: Second seeds Bethanie Mattek-Sands and Lucie Safarova took out the Australian Open women's doubles title on Friday to be crowned Grand Slam champions for a fourth time.

Published 27 Jan, 2017 10:59am

Featured Photos

Pristine Stones by Benjamin Henon

Photo Credit: Benjamin Henon%Denjamin Henon is a professional 40-year-old photographer and artist who was born and bred in Senlis, a small town in the North of France and currently lives and works in Paris.

Published 27 Jan, 2017 10:56am

Financial

Sterling posts strong weekly gains as focus turns to British growth

LONDON: Sterling slipped from a five-week high on Friday but remained on track for its strongest week since mid-November, with investors setting aside their Brexit concerns to focus instead on signs the British economy is growing robustly.

Published 27 Jan, 2017 10:55am

Front Top News

India's top court says no to national ban on cow slaughter

NEW DELHI: Supreme Court of India on Friday rejected a petition seeking a nationwide ban on cow slaughter, a flashpoint issue for Hindus who consider the animal sacred.

Published 27 Jan, 2017 10:52am

Commodities

Gold-Lower prices boost demand in India, Chinese buying wanes

MUMBAI/BENGALURU: Gold demand in India improved this week, boosted by a fall in prices overseas, although some consumers waited to see if hopes for an import duty cut in the government's budget next week will be realised.

Published 27 Jan, 2017 10:50am

Featured Photos

Bubblegum Tongue by Benjamin Henon

Photo Credit: Benjamin Henon%Denjamin Henon is a professional 40-year-old photographer and artist who was born and bred in Senlis, a small town in the North of France and currently lives and works in Paris.

Published 27 Jan, 2017 10:49am

Financial

European shares lower as UBS weighs on banks; Tesco surges

MILAN: European shares pulled back on Friday with UBS dragging bank stocks lower after posting a drop in full-year profit, while Britain's biggest supermarket Tesco surged after a 3.

Published 27 Jan, 2017 10:48am

Featured Photos

A German Subway by Kevin Krautgartner

Photo Credit: Kevin Krautgartner%Dorn in Schwelm , Germany in 1988, Kevin Krautgartner mostly does fine art & architectural and has a degree in photography and graphic design from the University of Applied Sciences in Dortmund.

Published 27 Jan, 2017 10:45am

Featured Photos

Neon City by Dylan Schwartz

Photo Credit: Dylan Schwartz%Dylan Schwartz, an amazing art director, designer, filmmaker and photographer from Los Angeles, who currently works at Saatchi & Saatchi has worked with clients like HBO, Nissan, Sony Playstation, Toyota, IBM.

Published 27 Jan, 2017 10:43am

Featured Photos

Inverted Bowls by Kevin Krautgartner

Photo Credit: Kevin Krautgartner%Dorn in Schwelm , Germany in 1988, Kevin Krautgartner mostly does fine art & architectural and has a degree in photography and graphic design from the University of Applied Sciences in Dortmund.

Published 27 Jan, 2017 10:39am

World

Number of suspects in Petrobras scandal to double

CURITIBA: The number of suspects in the Petrobras corruption scandal will likely double following confessions of former executives at Brazilian construction giant Odebrecht, the lead prosecutor in the case told AFP.

Published 27 Jan, 2017 10:33am

General News

Former finmin for revisiting policy of allotting state land

%D%ANUZHAT NAZAR & WASIM IQBAL%D%A%D%AISLAMABAD: Former Finance Minister Dr Hafiz Pasha has stressed the need for revising the policy of allotting state land at a nominal rate to top civilian and military leadership.

Published 27 Jan, 2017 10:12am

Life & Style

Only Amir Liaquat should be banned for spreading hatred?

Pakistans media watchdog PEMRA on Thursday banned TV anchor Amir Liaquat for spreading hate speech in his show Aisay Nahi Chalay Ga on newly launched TV channel Bol News.

Published 27 Jan, 2017 10:09am

Front Top News

Nepra accused of forcing KE consumers to pay additional Rs62bn

%D%AMUSHTAQ GHUMMAN%D%AISLAMABAD: National Electric Power Regulatory Authority (Nepra) has been accused of overburdening KE consumers, forcing them to pay an additional Rs 62 billion.

Published 27 Jan, 2017 09:57am

Industries & Sectors

NTDC seeks Nepra's help to deprive K-Electric of 650MW

%D%AMUSHTAQ GHUMMAN%D%AISLAMABAD: Disappointed with the silence of Ministry of Water and Power, National Transmission and Despatch Company (NTDC) has sought help from National Electric Power Regulatory Authority (Nepra) to bring an end to supply of 650 MW

Published 27 Jan, 2017 09:44am

Pakistan Top News

Debate on agri land allotment to ex-COAS annoys Army

%D%ARAWALPINDI: Pakistan Army on Thursday said the debate on allotment of agricultural land to former Chief of Army Staff General (retd) Raheel Sharif has 'potential to create misunderstandings between state institutions'.

Published 27 Jan, 2017 09:34am

Miscellaneous

Danger: Trump walks his talk

Candidate Trump had confounded many a mind.

Published 27 Jan, 2017 09:21am

Miscellaneous

Inclusive Development Index: Devil is in the details

What is inclusive growth? Google it, and you get this: Inclusive growth is a concept that advances equitable opportunities for economic participants during economic growth with benefits incurred by every section of society The focus is primarily on equity

Published 27 Jan, 2017 09:20am

Miscellaneous

Lucky Cement 1HYFY17: solid as ever

Lucky Cement (PSX: LUCK) announced its result for the second quarter of financial year 2017.

Published 27 Jan, 2017 09:20am

Miscellaneous

HCAR: Top of its game

As predicted, Honda Atlas Cars (PSX: HCAR) financial statements have started showing a resounding green after the launch of its new 10th generation, Honda Civic and is outperforming by a wide margin since this time last year.

Published 27 Jan, 2017 09:18am

Technology

US NAVY creates bio-tech skin armor!

The United States Navy scientists found their new line of defenses in the depths of the oceans apparently, as they are busy developing their synthetic version of an immensely durable and resilient slime, which is secreted by hagfish at its predators. %D%A

Published 27 Jan, 2017 08:40am

Life & Style

Hrithik Roshan to reconcile with ex-wife Sussanne Khan?

It has been three years since Hrithik Roshan and Sussanne Khan parted ways, but the actor says his former wifes opinion still matters a lot to him.

Published 27 Jan, 2017 08:39am

Industry

Britain's Tesco buys wholesaler Booker for 3.7bn

LONDON: Supermarket chain Tesco, Britain's biggest retailer, announced Friday it has agreed to purchase food wholesaler Booker for 3.

Published 27 Jan, 2017 08:19am

Business & Economy

Wheat exports post 100pc increase in first half

ISLAMABAD: Wheat exports from the country during first six months of current financial year witnessed 100 percent increase as compared to the exports of the corresponding period of last financial year.

Published 27 Jan, 2017 08:16am

Industry

Google parent Alphabet profit edges up, revenue surges

SAN FRANCISCO: Google parent Alphabet reported that its profit in the final three months of last year climbed on growth in mobile search and video-sharing service YouTube.

Published 27 Jan, 2017 07:52am

Industry

Microsoft profit edges up as it absorbs LinkedIn

WASHINGTON: Microsoft has reported a rise in profits over the past quarter, showing gains in cloud computing and other new areas of focus as it absorbed the LinkedIn social network.

Published 27 Jan, 2017 07:50am

Pakistan Top News

PM urges focus on mathematics and sciences for national progress

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Friday urged the nation to focus on learning mathematics and sciences to progress in all spheres and attain a coveted place in the comity of nations.

Published 27 Jan, 2017 07:48am

Industries & Sectors

Turkish firm to set up 100MW solar plant in Bahawalpur

ISLAMABAD: The Punjab Government and Turkish Power Company Zorlu Enerji Holding had signed an agreement for setting up 100 MW solar power plant at Quaid e Azam Solar Park Bahawalpur.

Published 27 Jan, 2017 07:47am

Financial

Tokyo stocks close higher as banks lead the charge

TOKYO: Tokyo stocks ended higher Friday with banks leading the charge while exporters were boosted by a slide in the yen.

Published 27 Jan, 2017 07:41am

Europe

Putin and Trump may speak by phone on Saturday

MOSCOW: Russian President Vladimir Putin and Donald Trump may speak by telephone on Saturday for the first time since the US leader's inauguration, the Kremlin said.

Published 27 Jan, 2017 07:40am

Sports

Venus stands between Serena and history

MELBOURNE: Serena Williams is on the cusp of making Grand Slam history, 19 years after her first appearance at the Australian Open -- with only her greatest rival, sister Venus, able to stop her.

Published 27 Jan, 2017 07:40am

Football

Wenger wants revenge over buoyant Saints

SOUTHAMPTON: Arsene Wenger says Arsenal travel to a confident Southampton in the FA Cup fourth round on Saturday determined to avenge their League Cup exit.

Published 27 Jan, 2017 07:36am

Pakistan Top News

RECORDER REPORT-PSX mid day update

KARACHI: On Friday, until mid day, KSE-100 Index was at 50411.

Published 27 Jan, 2017 07:35am

North America

US-Mexico tensions rise with wall tax idea, meeting scrapped

WASHINGTON: A diplomatic rift between the United States and Mexico widened Thursday as Donald Trump's administration suggested taxing imports from the southern neighbor to fund a border wall and Mexico's president scrapped a US visit.

Published 27 Jan, 2017 07:20am

North America

Mexico foreign minister: paying for border wall 'not negotiable'

WASHINGTON: Mexico is willing to talk with the United States in order to maintain good relations, but paying for President Donald Trump's border wall "is not negotiable," Mexican Foreign Minister Luis Videgaray said Thursday.

Published 27 Jan, 2017 07:16am

Sports

Sarita Devi looks to banish tears in pro debut

NEW DELHI: She caused a storm when she refused to accept a medal at the Asian Games.

Published 27 Jan, 2017 07:12am

Industry

Toshiba says to spin off chip unit

TOKYO: Toshiba said on Friday it will spin off its memory chip business, following reports that the vast conglomerate is planning to sell a stake in the unit to repair its battered balance sheet.

Published 27 Jan, 2017 07:08am

Front Top News

Trump hosts first foreign leader as May visits White House

WASHINGTON: British Prime Minister Theresa May will meet Donald Trump on Friday, the US president's first official meeting with a foreign leader that is set to be dominated by talk of trade and security.

Published 27 Jan, 2017 07:07am

Sports

Long lay-off put Federer quest back on track

MELBOURNE: Resurgent Roger Federer said a long period of rest when he took six months out with injury had fuelled his incredible shot at more Grand Slam glory at the Australian Open.

Published 27 Jan, 2017 07:05am

Money & Banking

UBS turns more optimistic after tough 2016

ZURICH: UBS, the world's biggest wealth manager, on Friday struck a more optimistic tone for 2017 on the back of rising US interest rates as it posted a 47 percent fall in full-year net profit.

Published 27 Jan, 2017 07:04am

Front Top News

Death toll in IoK avalanches climbs to 19

SRINAGAR: The death toll in avalanches in the heavily militarised Himalayan region of Indian occupied Kashmir (IoK) has risen to 19 after the bodies of four more Indian soldiers were recovered on Friday, army and police officials said.

Published 27 Jan, 2017 07:01am

Cricket

Azhar Ali handed ban for slow over-rate

Pakistan one-day international captain Azhar Ali has been suspended for one contest and fined 40 percent of his match fee for the team's slow over-rate in Thursday's game against Australia, cricket's world governing body (ICC) has said.

Published 27 Jan, 2017 06:57am

Life & Style

Kaabil Vs Raees; Rakesh Roshan upset with Shah Rukh Khan

One of the first big box office clashes of 2017 has been witnessed on January 25, when Kaabil and Raees hit the theaters on the same day.

Published 27 Jan, 2017 06:06am

Currency

Dollar plays catch-up in Europe after stock market surge

The dollar recovered from its worst run since August on Thursday, rising 1 percent against the yen and around half a percent against the euro and pound as investors refocused on the chances of higher US inflation and growth.