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Archive - 2018-04-23
Iran, trade to dominate Macron's US visit
Front Top News

Iran, trade to dominate Macron's US visit

WASHINGTON: French President Emmanuel Macron began a pomp-filled three-day state visit to Washington on Monday, a te
Published 23 Apr, 2018 07:13pm
European and US stocks climb
Financial

European and US stocks climb

LONDON: European and US stock markets pushed higher on Monday as trade and geopolitical tensions eased, analysts said.
Published 23 Apr, 2018 03:37pm
Tokyo stocks end lower
Financial

Tokyo stocks end lower

TOKYO: Tokyo stocks ended lower on Monday with tech firms down following falls on Wall Street as investors digested Nort
Updated 23 Apr, 2018 07:03am
Bank Al Habib 1QCY18
Banking

Bank Al Habib 1QCY18

Bank Al Habib Limited (BAHL) announced its 1QCY18 financial results last week, showing a 9 percent year-on-year drop in
Published 23 Apr, 2018 05:43am
Hidden contracts
Miscellaneous

Hidden contracts

The KE-SSGC row has now escalated to become an inter-governmental affair, with the CM Sindh writing a letter to the PM d
Published 23 Apr, 2018 05:41am
IMF unveils new corruption policy

IMF unveils new corruption policy

The International Monetary Fund will systematically address corruption and its impact on economic growth with all its member countries under new guidelines launched on Sunday. The stricter new policy also aims to tackle how rich countries contribute to co
Published 23 Apr, 2018 12:00am
Bearish sentiments continue
Exchange

Bearish sentiments continue

Pakistan Stock Exchange witnessed bearish trend during the outgoing week ended on April 20, 2018 due to selling in various sectors. BRIndex100 lost 161.53 points on week-on-week basis to close at 4,846.03 points. Average daily volumes stood at 124.345 mil
Published 23 Apr, 2018 12:00am
Bearish sentiments continue
Exchange

Bearish sentiments continue

Pakistan Stock Exchange witnessed bearish trend during the outgoing week ended on April 20, 2018 due to selling in various sectors. BRIndex100 lost 161.53 points on week-on-week basis to close at 4,846.03 points. Average daily volumes stood at 124.345 mil
Published 23 Apr, 2018 12:00am
Bearish sentiments continue
Exchange

Bearish sentiments continue

Pakistan Stock Exchange witnessed bearish trend during the outgoing week ended on April 20, 2018 due to selling in various sectors. BRIndex100 lost 161.53 points on week-on-week basis to close at 4,846.03 points. Average daily volumes stood at 124.345 mil
Published 23 Apr, 2018 12:00am
Futures spread up by 272 basis points

Futures spread up by 272 basis points

The futures spread increased by 272bps to 8.92 percent on the last day of the outgoing week. Trading activities on the futures counter remained thin as average daily turnover decreased by 28.8 percent to 31.14 million shares. The average daily trading val
Published 23 Apr, 2018 12:00am
Futures spread up by 272 basis points

Futures spread up by 272 basis points

The futures spread increased by 272bps to 8.92 percent on the last day of the outgoing week. Trading activities on the futures counter remained thin as average daily turnover decreased by 28.8 percent to 31.14 million shares. The average daily trading val
Published 23 Apr, 2018 12:00am
Modi to visit China this week

Modi to visit China this week

Indian Prime Minister Narendra Modi will visit China later this week for an informal meeting with President Xi Jinping, as efforts at rapprochement gather pace following a testing year in ties between the two giant neighbours.
Published 23 Apr, 2018 12:00am
Modi to visit China this week

Modi to visit China this week

Indian Prime Minister Narendra Modi will visit China later this week for an informal meeting with President Xi Jinping, as efforts at rapprochement gather pace following a testing year in ties between the two giant neighbours.
Published 23 Apr, 2018 12:00am
Prime Minister meets Exxon Mobil Corporation delegation

Prime Minister meets Exxon Mobil Corporation delegation

Prime Minister Shahid Khaqan Abbasi and Ali Jehangir Siddiqui, Special Assistant to Prime Minister, met with an Exxon Mobil Corporation delegation represented by Emma Cochrane, Chairwoman, Exxon Mobil LNG Market Development and Irtiza Sayyed, Vice Preside
Published 23 Apr, 2018 12:00am
Prime Minister meets Exxon Mobil Corporation delegation

Prime Minister meets Exxon Mobil Corporation delegation

Prime Minister Shahid Khaqan Abbasi and Ali Jehangir Siddiqui, Special Assistant to Prime Minister, met with an Exxon Mobil Corporation delegation represented by Emma Cochrane, Chairwoman, Exxon Mobil LNG Market Development and Irtiza Sayyed, Vice Preside
Published 23 Apr, 2018 12:00am
Prime Minister meets Exxon Mobil Corporation delegation

Prime Minister meets Exxon Mobil Corporation delegation

Prime Minister Shahid Khaqan Abbasi and Ali Jehangir Siddiqui, Special Assistant to Prime Minister, met with an Exxon Mobil Corporation delegation represented by Emma Cochrane, Chairwoman, Exxon Mobil LNG Market Development and Irtiza Sayyed, Vice Preside
Published 23 Apr, 2018 12:00am
Debt to GDP ratio

Debt to GDP ratio

The Ministry of Finance reportedly acknowledged to the federal cabinet that debt to gross domestic product (GDP) is 70.1 percent and the target set by Fiscal Responsibility and Debt Limitation Act 2005 is unlikely to be achieved which stipulates that "beg
Published 23 Apr, 2018 12:00am
HRCP Report

HRCP Report

The Human Rights Commission of Pakistan's (HRCP's) annual report entitled State of Human Rights in 2017 analyses with its customary spread and care the human rights landscape in the country. This year's report is the first after the passing away of human
Published 23 Apr, 2018 12:00am
A charter of country's economy

A charter of country's economy

A budget encompasses an administration's economic strategy for the forthcoming year and comprises of expenditure priorities as well as revenue generating measures that reflect its politico-economic agenda. To agree on a charter of the economy would theref
Published 23 Apr, 2018 12:00am
The audacity of Accountability

The audacity of Accountability

How dare you? Stay in your limits? This is none of your business? What is your problem? Who are you to ask? And so on and so forth. Outrage is the word that describes the reactions of politicians, analysts, counsels and intellectuals, etc, who are almost
Published 23 Apr, 2018 12:00am
Turkey's heated economy: trigger and key factor in snap polls
Currency

Turkey's heated economy: trigger and key factor in snap polls

Turkey's economy, the fastest growing in the G20 but haunted by an uncertain long-term outlook, is key to President Recep Tayyip Erdogan's decision to call snap polls and will also be decisive for the outcome. Turkey recorded stellar growth of 7.4 percent
Published 23 Apr, 2018 12:00am
Shahbaz Sharif in Karachi

Shahbaz Sharif in Karachi

Pakistan Muslim League (N) chief and Punjab Chief Minister Shahbaz Sharif is in Karachi. This is his second visit of the Sindh capital after his election as party chief. Although the Sindh governor's house will be hosting him during his visit, the Muttahi
Published 23 Apr, 2018 12:00am
'Tax Amnesty Scheme-2018 in line with national interest'

'Tax Amnesty Scheme-2018 in line with national interest'

Tax Amnesty Scheme-2018 is in line with national interest and nothing is found against the national interest of Pakistan in the recently announced Tax Amnesty scheme. It is completely safe and secured scheme from both country and beneficiaries point of vi
Published 23 Apr, 2018 12:00am
ANP terms withdrawal of security 'unjust'

ANP terms withdrawal of security 'unjust'

ANP's president Asfandyar Wali Khan has termed the withdrawal of security from important political personalities as totally wrong and injustice. He said that in case of any harm to him or his associates, the Chief Justice will be held responsible. He expr
Published 23 Apr, 2018 12:00am
Marriyum pays tribute to Moin Akhtar

Marriyum pays tribute to Moin Akhtar

Minister of State for Information, Broadcasting, National History and Literary Heritage Marriyum Aurangzeb on Sunday paid rich tributes to world acclaimed artist Moin Akhtar on the occasion of his death anniversary. The minister, in a statement issued her
Published 23 Apr, 2018 12:00am
British DHC hosts partnership of Marley Plumbing with Dadex

British DHC hosts partnership of Marley Plumbing with Dadex

The British Deputy High Commission hosted the signing ceremony between leading UK company Marley Plumbing and Drainage Solutions with Dadex Eternit Ltd., the pioneer in thermoplastic piping in Pakistan that will provide quality plumbing and drainage solut
Published 23 Apr, 2018 12:00am
Siraj vows to introduce Islamic system of Zakat if MMA voted to power

Siraj vows to introduce Islamic system of Zakat if MMA voted to power

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, has said that if the corrupt and dishonest politicians were able the win in general elections on the basis of their wealth like the Senate election, the masses would lose confidence in the democrati
Published 23 Apr, 2018 12:00am
MMA chief calls meeting of component parties' heads on April 27

MMA chief calls meeting of component parties' heads on April 27

President of the religio-political alliance Muthahida Majlis-e-Amal (MMA) and JUI-F chief, Maulana Fazalur Rehman has convened a meeting of the heads of components political parties in Islamabad on April 27. Besides reviewing national and international si
Published 23 Apr, 2018 12:00am
'15th My Karachi, Oasis of Harmony Exhibition' ends

'15th My Karachi, Oasis of Harmony Exhibition' ends

The 15th edition of 'My Karachi, Oasis of Harmony International Exhibition' concluded, here on Sunday with thousands of visitors, including mostly women and children, thronged the venue. The three-day event from April 20 to 22, (Friday Saturday and Sunday
Published 23 Apr, 2018 12:00am
Science festival planned for May 3

Science festival planned for May 3

Two-day Science Festival is being organized by the district administration with the joint collaboration of educational institutions and industrial & traders organizations. This festival would be held on 3rd and 4th May at Expo Center Agriculture Universit
Published 23 Apr, 2018 12:00am
Shahbaz seeks MQM-P, ANP's cooperation for Karachi's development

Shahbaz seeks MQM-P, ANP's cooperation for Karachi's development

Pakistan Muslim League-Nawaz (PML-N) president and Punjab Chief Minister Shahbaz Sharif has blamed K-Electric for power outages in Karachi. "Prime Minister Shahid Khaqan Abbasi has convened a meeting to discuss power issue in Karachi," he said, talking to
Published 23 Apr, 2018 12:00am
Balochistan Assembly speaker meets Punjab chief minister

Balochistan Assembly speaker meets Punjab chief minister

Speaker Balochistan Assembly Raheela Durrani called on PML-N President and Chief Minister Punjab Shehbaz Sharif here on Sunday and discussed the political situation of the province after appointment of Lieutenant-General Abdul Qadir Baloch(retd) as acting
Published 23 Apr, 2018 12:00am
PTI holds demonstration to voice anger over Rabia Magsi's murder

PTI holds demonstration to voice anger over Rabia Magsi's murder

Pakistan Tehreek e Insaf (PTI) here on Sunday staged a big protest demo in front of the Karachi Press Club (KPC) and demanded justice for the parents of rape-murder victim Rabia Magsi. PTI Sindh chapter staged a protest demo and sit-in against the rape-mu
Published 23 Apr, 2018 12:00am
PTI fails to give relief to KP people: Hoti

PTI fails to give relief to KP people: Hoti

PPP stalwart and former federal minister Khawaja Mohammad Khan Hoti has said that the PTI government in Khyber Pakhtunkhwa had miserably flopped in giving relief to the people and the people have experienced their tall claims of so-called change. Addressi
Published 23 Apr, 2018 12:00am
LCWU vice chancellor dismissed by CJP

LCWU vice chancellor dismissed by CJP

Chief Justice of Pakistan Justice Saqib Nisar dismissed vice-chancellor (VC) of Lahore College for Women University Dr Uzma Qureshi on Sunday. The decision came after the court took suo moto notice of reports that LCWU VC was appointed to the post against
Published 23 Apr, 2018 12:00am
ALSO begins at College of Physicians and Surgeons Pakistan

ALSO begins at College of Physicians and Surgeons Pakistan

Advanced Life Support in Obstetrics Course (ALSO) has started at College of Physicians and Surgeons Pakistan Regional Center Lahore. Professor Duncan Edches from Canada was the guest in this Course. Professor Rakhshanda Rehman, Principle Fatima Jinnah Med
Published 23 Apr, 2018 12:00am
PTM supporters defy authorities by holding mass rally

PTM supporters defy authorities by holding mass rally

Thousands of Pashtuns defied authorities and held a mass rally in the Lahore on Sunday, chanting slogans just hours after security forces cracked down on their leaders. Both the Afghan and Pakistani Taliban are dominated by Pashtuns, leading to repeated m
Published 23 Apr, 2018 12:00am
Maryam calls for release of PTM leaders

Maryam calls for release of PTM leaders

Daughter of the former prime minister, Mariyam Nawaz Sharif on Sunday called on the law enforcement agencies (LEAs) to release the arrested Pashtun Tahaffuz Movement (PTM) leaders. She took to Twitter, to demand the release all the detainees of PTM. "Our
Published 23 Apr, 2018 12:00am
Foreign Minister to attend SCO meeting in Beijing

Foreign Minister to attend SCO meeting in Beijing

Foreign Minister Khawaja Muhammad Asif is visiting Beijing to attend the two-day meeting of Council of Foreign Ministers (CFM) of the Shanghai Cooperation Organization (SCO) starting from tomorrow. The two-day meeting of the Council of Foreign Ministers w
Published 23 Apr, 2018 12:00am
New Labour Policy: workers given decision making rights: minister

New Labour Policy: workers given decision making rights: minister

Sindh Minister for Labour, Transport and Information Syed Nasir Hussain Shah has said that present government has won the hearts of labourers, workers as they have been given rights by maximum participation in decision making in the New Labour Policy.
Published 23 Apr, 2018 12:00am
Telenor presents 'Motorcycle Girl' on life of Zenith Irfan

Telenor presents 'Motorcycle Girl' on life of Zenith Irfan

Telenor presented 'Motorcycle Girl', an adventure based on the life of motorcyclist, Zenith Irfan. 'Motorcycle Girl', a biopic on the achievements of Zenith Irfan, the first female biker to take a solo journey to Pakistan's northern areas, was premiered r
Published 23 Apr, 2018 12:00am
Prices of rice, vegetables, chicken meat increased slightly

Prices of rice, vegetables, chicken meat increased slightly

A slight increase in prices of rice, vegetable and chicken meat, flour and others was witnessed in retail market in preceding week as compared to last week, according to survey conducted by Business Recorder here on Sunday. New quality rice (sela)
Published 23 Apr, 2018 12:00am
NAB Lahore's dy director sacked over negligence

NAB Lahore's dy director sacked over negligence

Chairman NAB former Justice Javed Iqbal has sacked Deputy Director NAB Lahore Muhammad Ramzan over negligence in performance of duties. According to sources, action has been taken against the sacked officer after complaints were received against him and i
Published 23 Apr, 2018 12:00am
JI's rejoinder to Fawad

JI's rejoinder to Fawad

Deputy Chief of the Jamaat-e-Islami, Dr Farid Ahmed Piracha, has counseled PTI leader Fawad Chaudhry to examine the position of his own party on the issue of horse trading instead of criticizing JI chief Senator Sirjaul Haq. In a rejoinder to the PTI lead
Published 23 Apr, 2018 12:00am
PFA seals factory illegally refilling bottles of soft drinks

PFA seals factory illegally refilling bottles of soft drinks

The Punjab Food Authority (PFA) has sealed a factory for producing and illegally refilling bottles of the different famous brands of soft drinks while registered a case against culprits in the respective police station here on Sunday. A team of PFA under
Published 23 Apr, 2018 12:00am
Father, daughter burnt to death

Father, daughter burnt to death

An old disable, Ghulam Sadiq Kissab and his daughter Zenat Bibi were burnt alive, here early Sunday morning in Street No. 3 Mohallah Khalsa College, in mysterious circumstances. Both were sleeping in room of house which burnt alive at their beds, while ot
Published 23 Apr, 2018 12:00am
KWSB directed to supply one million gallon daily water to district West

KWSB directed to supply one million gallon daily water to district West

Sindh Chief Minister Syed Murad Ali Shah has directed Karachi Water Board (KWSB) to provide water to the areas badly affected by water shortage; particularly, one million gallon daily (MGD) Karachi's District West, where at least 1MGD additional water is
Published 23 Apr, 2018 12:00am
MCB, TCS enter into alliance for mutually beneficial services

MCB, TCS enter into alliance for mutually beneficial services

MCB Bank Ltd, one of Pakistan's largest private sector banks, has entered into an agreement with one of the country's largest logistics services providers TCS Pvt Ltd for mutually beneficial services. With the collaboration, MCB customers will gain access
Published 23 Apr, 2018 12:00am
PTI MPA accused of selling vote resigns

PTI MPA accused of selling vote resigns

Accused of selling votes in the recent Senate elections, Pakistan Tehreek-e-Insaf (PTI) Member Khyber Pakhtunkhwa Assembly Ubaid Mayar has resigned. During a press conference here on Sunday, Mayar rejected the allegations. He said Pakistan Tehreek-e-Insaf
Published 23 Apr, 2018 12:00am
Contempt of court plea filed over denial of refunds

Contempt of court plea filed over denial of refunds

Lahore High Court (LHC) has issued notices to Director General (Legal) (of the office of) President of Pakistan and Federal Board of Revenue (FBR) officials, Commissioner (I.R) and Additional Commissioner, Faisalabad, in a contempt of court petition moved
Published 23 Apr, 2018 12:00am
Ufone's Summer Internship Programme

Ufone's Summer Internship Programme

Ufone will be visiting multiple higher education institutions across Pakistan starting up to May 9, to recruit interns for their flagship apprenticeship program, The Summer Internship Program (SIP) 2018. Ufone's SIP is a project-based internship initiativ
Published 23 Apr, 2018 12:00am
KPRA's registration drive launched in various districts

KPRA's registration drive launched in various districts

The Khyber Pakhtunkhwa Revenue Authority (KPRA) has launched registration drive in various districts of the provvince with full zeal and zest A registration team consisting of Deputy Collector, Assistant collectors, Senior Auditors and Inspectors have sta
Published 23 Apr, 2018 12:00am
SMEDA to conduct research study on 20 mineral clusters

SMEDA to conduct research study on 20 mineral clusters

Small and Medium Enterprises Development Authority (SMEDA) will conduct Feasibility/Research Study on cluster development based mineral transformation Plan V-2025 for the Ministry of Planning, Development and Reforms (MPD&R). In this connection a formal a
Published 23 Apr, 2018 12:00am
KP NAB authorizes inquiry against TCKP officials, others

KP NAB authorizes inquiry against TCKP officials, others

The Regional Board Meeting (RBM) of National Accountability Bureau (NAB) Khyber Pakhtunkhwa was held here chaired by Director General NAB KP Farmanullah Khan. The meeting was attended by directors, deputy prosecutor general (DPGA), case officers, and othe
Published 23 Apr, 2018 12:00am
Pakistan slams suicide attacks in Kabul

Pakistan slams suicide attacks in Kabul

Pakistan strongly condemns the heinous and reprehensible suicide attacks that targeted innocent civilians at voter registration centres in Kabul and Baghlan provinces in Afghanistan, Sunday. We are grieved at the loss of precious innocent lives in this br
Published 23 Apr, 2018 12:00am
Bilawal accuses federation of targeting Karachi

Bilawal accuses federation of targeting Karachi

Pakistan Peoples Party (PPP) chairman Bilawal Bhutto-Zardari on Sunday accused federation of targeting masses of Karachi via power cuts while asserting that 'fragile democracy' had been practiced in country. He was talking to the media here in Multan on S
Published 23 Apr, 2018 12:00am
Anti-polio drive begins in tribal region

Anti-polio drive begins in tribal region

The Inactivated Polio Vaccine (IPV) and Oral Polio Vaccine (OPV) campaign started on Sunday in tribal Khyber Agency, Mohamnd Agency and Frontier Region Peshawar under the supervision of all agencies surgeons, political administrations and other security a
Published 23 Apr, 2018 12:00am
Graduation ceremony held at Millennium University College

Graduation ceremony held at Millennium University College

Michael Davis, Head of Global Policy Analysis and Development at University of London, on Sunday offered Pakistani young students to get global experience in their favourite subjects following quality education from educational institutions like Millenniu
Published 23 Apr, 2018 12:00am
SCCI demands setting up of Shared Showrooms & Display Centres

SCCI demands setting up of Shared Showrooms & Display Centres

President Sialkot Chamber of Commerce and Industry (SCCI) Zahid Latif Malik has urged upon the government to focus attention on setting up "Shared Showrooms and Display Centres" in potential markets on top priority basis. Talking reporters on Sunday he sa
Published 23 Apr, 2018 12:00am
Two more Hazaras killed in Quetta

Two more Hazaras killed in Quetta

Two people from the ethnic Hazara community were shot dead in a sectarian attack in city on Sunday, where targeted killings of minorities have continued despite improvements in overall security. Three Hazara men were travelling together on the outskirts Q
Published 23 Apr, 2018 12:00am
Macron warns against being 'weak' with Putin

Macron warns against being 'weak' with Putin

French President Emmanuel Macron warned against showing any weakness towards Vladimir Putin - while insisting he wants to work with the Russian strongman - in remarks broadcast Sunday on the eve of his state visit to Washington. "He's strong and smart. Bu
Published 23 Apr, 2018 12:00am
Macron on Iran nuclear deal: There is no 'Plan B'

Macron on Iran nuclear deal: There is no 'Plan B'

French President Emmanuel Macron, who is heading to Washington to urge his US counterpart to stay in the Iran nuclear deal, said in an interview broadcast Sunday that there is no "Plan B" if the accord is scrapped. "I don't have any Plan B for nuclear - a
Published 23 Apr, 2018 12:00am
Greek president rejects soldier swap with Turkey
Exchange

Greek president rejects soldier swap with Turkey

Greek president Prokopis Pavlopoulos on Sunday rejected the suggestion of a swap deal involving two Greek soldiers jailed in Turkey in exchange for Turkish soldiers wanted by Ankara over the 2016 failed coup. Pavlopoulos ruled out the potential swap after
Published 23 Apr, 2018 12:00am
Jordan MP, family members among 8 killed in road crash

Jordan MP, family members among 8 killed in road crash

A Jordanian MP, his wife and three of his children were among eight people killed late Saturday when their car collided with a winch truck, a security source said. The truck's driver and his assistant were also killed in the crash on the desert highway so
Published 23 Apr, 2018 12:00am
11 migrants dead, 263 rescued off Libya coast

11 migrants dead, 263 rescued off Libya coast

At least eleven migrants died at sea and another 263 were rescued on Sunday in two separate operations off the coast of Libya, the country's navy said. In the first operation, "a coastguard patrol... was able to rescue 83 illegal migrants and recovered 11
Published 23 Apr, 2018 12:00am
Saudi air defences down new missile from Yemen rebels

Saudi air defences down new missile from Yemen rebels

Saudi air defences on Sunday intercepted a ballistic missile fired by Yemeni rebels at the kingdom's southern border city of Najran, which set a farm ablaze, state media said. "Saudi forces were able to intercept (the missile)," the Saudi Press Agency sai
Published 23 Apr, 2018 12:00am
Nude gunman kills three at Tennessee restaurant

Nude gunman kills three at Tennessee restaurant

A nude gunman shot dead three people and injured at least four more in the early hours of Sunday at a restaurant on the outskirts of Nashville, Tennessee, police said. The Metropolitan Nashville Police Department said in a statement that the shooting occu
Published 23 Apr, 2018 12:00am
G7 ministers meet on Russia, Iran and North Korea threats

G7 ministers meet on Russia, Iran and North Korea threats

The foreign ministers of the Group of Seven industrialized nations met in Toronto on Sunday seeking a common front against what they see as aggression from Vladimir Putin's Russia. The envoys were also keen to glean clues from their US colleague about whe
Published 23 Apr, 2018 12:00am
More than 20 dead in Nicaragua protests

More than 20 dead in Nicaragua protests

More than 20 people have been killed in a clashes between Nicaraguan police and demonstrators during a wave of protests over pension reform, a local human rights group said Sunday. The Nicaraguan Center for Human Rights said it was still trying to verify
Published 23 Apr, 2018 12:00am
'World's oldest person' dies in Japan

'World's oldest person' dies in Japan

A 117-year-old Japanese woman, thought to be the world's oldest person, has died, a local official told AFP Sunday. Nabi Tajima, who was born August 4, 1900, died around 8:00 pm (1100 GMT) Saturday at a hospital on her native Kikai Island in Kagoshima reg
Published 23 Apr, 2018 12:00am
'Mini-Me' actor Verne Troyer dies

'Mini-Me' actor Verne Troyer dies

Verne Troyer, best known for his role as Mini-Me in the "Austin Powers" movies, died Saturday. He was 49. While no cause of death was given, a statement on the actor's social media accounts said he had gone through a "recent time of adversity" and alluded
Published 23 Apr, 2018 12:00am
Five civilians killed in Syria

Five civilians killed in Syria

Five civilians have been killed in 24 hours in regime shelling on a southern district of Syria's capital held by the Islamic State group, a monitor said Sunday. Syrian troops are waging an intense bombing campaign against Yarmuk, a Palestinian refugee cam
Published 23 Apr, 2018 12:00am
Nadal takes 11th Monte Carlo crown

Nadal takes 11th Monte Carlo crown

Rafael Nadal romped to a record-extending 11th Monte Carlo Masters title by brushing aside an outclassed Kei Nishikori in Sunday's final to retain the world number one ranking. The 31-year-old saw off Nishikori 6-3, 6-2 to become the first man to win a si
Published 23 Apr, 2018 12:00am
Bangladesh arrests female cricketer with methamphetamine

Bangladesh arrests female cricketer with methamphetamine

One of Bangladesh's top female cricketers could be jailed for life after being caught with 14,000 methamphetamine pills, police said Sunday. Nazreen Khan Mukta, who plays first-grade cricket in the Dhaka Premier League, was returning from a match in the s
Published 23 Apr, 2018 12:00am
Barca win 30th Copa del Rey

Barca win 30th Copa del Rey

Lionel Messi and Luis Suarez inspired Barcelona to what will surely be the first part of a domestic double this season as they thrashed Sevilla 5-0 on Saturday to win the Copa del Rey. Messi had scored once and Suarez twice before even the half-time whist
Published 23 Apr, 2018 12:00am
Kipchoge, Cheruiyot celebrate Kenyan double at London Marathon

Kipchoge, Cheruiyot celebrate Kenyan double at London Marathon

Olympic champion Eliud Kipchoge stormed to his third London Marathon title on Sunday to complete an impressive Kenyan double after Vivian Cheruiyot beat the heat to win the women's race. Kipchoge, 33, saw off the challenge of Ethiopia's Tola Shura Kitata
Published 23 Apr, 2018 12:00am
Wenger stepped aside to unite Arsenal fanbase

Wenger stepped aside to unite Arsenal fanbase

Arsenal manager Arsene Wenger said he decided to bring his 22-year tenure to a close at the end of the season because he didn't like the image of a divided fanbase being sent around the world. Wenger won three Premier League titles and a record seven FA C
Published 23 Apr, 2018 12:00am
Volkswagen's trucks division open to buying majority of Navistar

Volkswagen's trucks division open to buying majority of Navistar

Volkswagen is open to buying a majority stake in US truckmaker Navistar "at some point," it said on Monday, as the German automaker prepares its trucks business for a possible stock market listing that could help raise funds to expand.
Published 23 Apr, 2018 12:00am
GSK flags pharma M&A ambitions by poaching Roche deal-maker

GSK flags pharma M&A ambitions by poaching Roche deal-maker

GlaxoSmithKline signalled its intention to boost its drug pipeline through deals on Wednesday by hiring Kevin Sin from Roche's Genentech unit to lead a worldwide search for promising experimental products. He is the first senior hire by GSK's new research
Published 23 Apr, 2018 12:00am
Developer Nakheel plans new malls outside of Dubai

Developer Nakheel plans new malls outside of Dubai

Property developer Nakheel expects to sign more deals to build shopping malls outside its base of Dubai, its chairman told Reuters, as its home market matures and development picks up in other parts of the United Arab Emirates.
Published 23 Apr, 2018 12:00am
Abbott's quarterly profit, sales beat Street estimates

Abbott's quarterly profit, sales beat Street estimates

Abbott Laboratories' first-quarter profit and sales beat analysts' estimates on Wednesday but some investors were disappointed as the healthcare company maintained its full-year profit forecast. The company's shares were down about 2 percent in early trad
Published 23 Apr, 2018 12:00am
Abbott's quarterly profit, sales beat Street estimates

Abbott's quarterly profit, sales beat Street estimates

Abbott Laboratories' first-quarter profit and sales beat analysts' estimates on Wednesday but some investors were disappointed as the healthcare company maintained its full-year profit forecast. The company's shares were down about 2 percent in early trad
Published 23 Apr, 2018 12:00am
Barclays targets tech with venture capital-style business

Barclays targets tech with venture capital-style business

Barclays said it has set up a venture capital-style unit to drive innovation and returns within its UK business. The British bank has struggled to deliver on its growth strategy after a decade of restructuring, with investment banking at the core of Chief
Published 23 Apr, 2018 12:00am
Dubai Islamic Bank Q1 profit up 16 per cent

Dubai Islamic Bank Q1 profit up 16 per cent

Dubai Islamic Bank (DIB), the United Arab Emirates' largest Sharia-compliant lender, posted a 16 percent increase in first-quarter net profit on Wednesday on the back of higher income from Islamic financing and investment. The bank made 1.21 billion dirha
Published 23 Apr, 2018 12:00am
Dubai Islamic Bank Q1 profit up 16 per cent

Dubai Islamic Bank Q1 profit up 16 per cent

Dubai Islamic Bank (DIB), the United Arab Emirates' largest Sharia-compliant lender, posted a 16 percent increase in first-quarter net profit on Wednesday on the back of higher income from Islamic financing and investment. The bank made 1.21 billion dirha
Published 23 Apr, 2018 12:00am
Sanofi in talks to sell generics arm to Advent for $2.4 billion

Sanofi in talks to sell generics arm to Advent for $2.4 billion

French healthcare group Sanofi is in exclusive talks to sell its Zentiva European generics drugs arm to private equity firm Advent International for 1.9 billion euros ($2.4 billion), the companies said on Tuesday. Sanofi said the sale was expected to be c
Published 23 Apr, 2018 12:00am
Gemalto to protect 5G next generation networks from cyber-attacks

Gemalto to protect 5G next generation networks from cyber-attacks

Gemalto, the world leader in digital security, April 17 announced that it is bolstering protection against cyber-attacks for the new generation of cloud-based virtualized networks being planned and deployed with Intel technology.
Published 23 Apr, 2018 12:00am
After Google, Portugal's tech scene gets boost from Volkswagen

After Google, Portugal's tech scene gets boost from Volkswagen

Volkswagen is to set up a software development centre in Lisbon joining a growing list of companies attracted to the information technology scene in the country, which only recently emerged from its economic crisis and bailout. The centre will employ 300
Published 23 Apr, 2018 12:00am
Tech firms vow not to aid government cyber attacks

Tech firms vow not to aid government cyber attacks

Microsoft, Facebook and more than 30 other global technology companies on Tuesday announced a joint pledge not to assist any government in offensive cyber attacks. The Cybersecurity Tech Accord, which vows to protect all customers from attacks regardless
Published 23 Apr, 2018 12:00am
Amazon Prime service tops 100 million paid subscribers

Amazon Prime service tops 100 million paid subscribers

The ranks of people subscribing to Amazon Prime service for speedy delivery of purchases and streamed television has topped 100 million, the company's chief Jeff Bezos said Wednesday in an annual letter. The new high in subscriptions at Prime, launched 13
Published 23 Apr, 2018 12:00am
Toyota's 'talking' vehicles to be launched in US in 2021

Toyota's 'talking' vehicles to be launched in US in 2021

Toyota Motor Corp plans to start selling US vehicles that can talk to each other using short-range wireless technology in 2021, the Japanese automaker said on Monday, potentially preventing thousands of accidents annually.
Published 23 Apr, 2018 12:00am
Web's inventor discusses digital monopolies, privacy threats

Web's inventor discusses digital monopolies, privacy threats

Tim Berners-Lee gave away the technology that he used to invent the World Wide Web, so it's not surprising that he's worried about the current state of the internet as Google, Facebook and Amazon become increasingly dominant in the digital world.
Published 23 Apr, 2018 12:00am