News Archives for Latest - 2020-07-29

World

Fed's Powell says coronavirus surge starting to weigh on economic recovery

US central bank vows to use all tools to support economy.
Fed says economic path depends on novel coronavirus.

Updated 30 Jul, 2020 12:45am

Currency

US slaps sanctions on Syria in push for Assad to end war

The sanctions, imposed under the Caesar Syria Civilian Protection Act and other measures.
"It is time for Assad's needless, brutal war to end. ?This, above all, is what our sanctions campaign is meant to bring about," Pompeo said.

Published 29 Jul, 2020 11:30pm

World

UK names new MI6 spy chief to tackle challenges from China, Russia

UK appoints Richard Moore as spy chief.
Top priority will be China.
Alex Younger to step down later this year.

Published 29 Jul, 2020 11:27pm

Companies

Boeing cuts jet output, jobs as pandemic hammers sales

The US planemaker, which has laid off thousands of workers as it also grapples with the 16-month-old ban on its 737 MAX after fatal crashes.
It now expects to resume 737 MAX deliveries to airline customers before year-end in the United States.

Published 29 Jul, 2020 11:23pm

Companies

GM says it can pay off $16bn loan if US recovery continues

It is still a very fluid situation as you know and we're watching the virus, the economy and its impact on the overall industry very closely.
GM also said it would increase production of light-duty full-size pickups at its Fort Wayne, Indiana, assembly plant by about 1,000 units a month beginning Sept. 1.

Published 29 Jul, 2020 11:20pm

Financial

US Treasury makes $10bn loan available to postal service as part of coronavirus relief

The head of the service said the borrowing would push off an "approaching liquidity crisis," but not solve its financial problems.
President Donald Trump nominated Dejoy to bring the service's finances in line and he is pushing to cut costs even if it means delaying deliveries.

Published 29 Jul, 2020 11:18pm

World

World Bank's IFC to launch $4bn medical supply financing platform

The International Finance Corp's initiative is largely aimed at private-sector projects to manufacture products such as personal protective equipment.
IFC is contributing $2 billion in internal resources with plans for another $2 billion to come from private-sector partners.

Published 29 Jul, 2020 11:16pm

Commodities

Copper prices steady ahead of Fed policy decision

The dollar is very weak recently and this is quite supportive for commodities including copper.
A weaker greenback makes dollar-denominated commodities cheaper for non-US firms, a relationship used by funds to generate buy and sell signals.

Published 29 Jul, 2020 11:14pm

Stocks

Upbeat earnings lift Wall Street as focus shifts to Fed

Starbucks sees business 'steadily recovering', shares up.
Boeing falls after bigger-than-expected loss.
Advanced Micro Devices surges after revenue forecast raise.
Indexes up: Dow 0.39%, S&P 0.92%, Nasdaq 1.09%.

Published 29 Jul, 2020 11:11pm

World

WTO set to skip naming acting chief after US push caused deadlock

The US is insisting on an American, but China and Europe put the brakes on that.
A decision to finalise the interim arrangement could come as early as this week when WTO members are expected to meet.

Published 29 Jul, 2020 11:07pm

Europe

German lawmakers grill Scholz over Wirecard scandal

Scholz entered the closed-door meeting in the parliament's finance committee without giving a statement to reporters.
Scholz last week rushed out a reform agenda that would give financial watchdog BaFin greater investigative and enforcement powers.

Published 29 Jul, 2020 11:06pm

Forex

Volatile Turkish lira tumbles to record low vs euro

Depleted reserves, local dollar demand cited for moves.
Costly state interventions held lira steady for two months.

Published 29 Jul, 2020 10:54pm

Energy

Oil edges up after sharp US crude inventory drop

US crude stocks post steepest draw this year as imports slide.
Some US states still registering record coronavirus infections.

Published 29 Jul, 2020 10:49pm

Currency

Chinese banks urged to switch away from SWIFT as US sanctions loom

The bank's chief economist Guan Tao was previously a director of the international payments department of State Administration of Foreign Exchange.
A good punch to the enemy will save yourself from hundreds of punches from your enemies," the report wrote,

Published 29 Jul, 2020 10:40pm

Pakistan

Tarbela Dam: power generation level reaches 3371 MW

According to the Tarbela Dam officials, water inflow yesterday in Tarbela dam was recorded 174000 cusecs while the outflow of the water was 135000 cruces feet.

Published 29 Jul, 2020 08:53pm

COVID-19 not necessarily changing with seasons: WHO expert

And as a later flu season is expected in the southern hemisphere, everyone is encouraged to get vaccinated against flu.

Published 29 Jul, 2020 08:50pm

Business & Finance

Gold price increase Rs250 to Rs122,750 per tola

The gold prices in the international market increased by $25 and was traded at $1955 on Wednesday against its sale at Rs1930 during the last trading day, the association reported.

Published 29 Jul, 2020 08:47pm

Qureshi highlights importance, urgency of legislation on FATF

He said since India wanted Pakistan’s name pushed from the grey list to black list of FATF, failure in getting the legislation on FATF passed, would be very bad for the country.

Published 29 Jul, 2020 08:37pm

Pakistan

NA passes bill to ensure effective implementation on UN resolutions

Advisor to Prime Minister on Parliamentary Affairs Dr. Babar Awan laid the United Nations (Security Council) (Amendment) Bill, 2020 which was passed by the House.

Published 29 Jul, 2020 08:45pm

Sports

Peshawar Zalmi arrange digital camp for young cricketers

Hashim Amla and Darren Sammy will share their experiences with future stars.

Updated 29 Jul, 2020 08:46pm

Pakistan

38 major drains cleaned: Ministers

The Chief Minister of Sindh has also released special funds for this purpose.

Published 29 Jul, 2020 08:36pm

Senate refers bill to amend anti-terrorism laws to committee

The Anti-Terrorism (Amendment) Bill, 2020 proposes major amendments to the Anti-terrorism Act, 1997.

Published 29 Jul, 2020 08:34pm

US to move 11,900 troops out from Germany: Pentagon

In a repositioning that could start within weeks, the Pentagon will be sending home about 6,400 of its military personnel in Germany, and move nearly 5,600 to other NATO countries.

Published 29 Jul, 2020 07:52pm

Stocks

Wall Street stocks edge higher amid results, tech hearing

However, General Motors climbed 0.8 percent after reporting a small-than-expected loss of $758 million.

Published 29 Jul, 2020 07:49pm

Pakistan

Sindh govt released Rs463mn for cleaning of nallas, rain emergency: CM Sindh

Syed Murad Ali Shah said that another Rs 229 million has also been released on July 2, 2020 for cleaning of Nallahs and monsoon preparation in different districts of the province.

Published 29 Jul, 2020 07:46pm

Pakistan

South Punjab Secretariat to be established at Multan, Bahawalpur: Qureshi

He, in a statement, said today, an important meeting in that regard was chaired by Prime Minister Imran Khan and attended by members of the National Assembly belonging to that area.

Published 29 Jul, 2020 07:45pm

Pakistan

District governments asked to check prices of restaurants, stores alongside motorways: Murad

The minister further said motorways police responsibility was to ensure compliance of traffic rules on the motorways.

Published 29 Jul, 2020 07:42pm

Exchange

COVID-19 causes severe disruptions in global economic system: Khusro

The minister said this while addressing to the annual meeting of Asian Infrastructure Investment Bank (AIIB) through a video link.

Published 29 Jul, 2020 07:41pm

Pakistan

No plan to ban Int'l exams: Shafqat

In a Tweet, Shafqat said "Unnecessary rumors were floating around that Government has decided to ban international exams .

Published 29 Jul, 2020 07:38pm

Opposition wants to make NAB dysfunctional: Qureshi

About the amendment in NAB laws, he said the opposition had been at the helm of affairs since last ten years but they did nothing into the matter.

Published 29 Jul, 2020 07:37pm

Pakistan

Habib University leads the way in educational innovation

“Covid-19 has forced us to rethink the existing educational frameworks,” says Associate Dean for Teaching.

Updated 29 Jul, 2020 07:33pm

Russian COVID-19 vaccine approval imminent, source says Russian

Separately, Russia's Interfax news agency cited "an informed source" as saying the vaccine would be registered from Aug. 10-12 and be administered from Aug. 15 onwards.

Published 29 Jul, 2020 06:24pm

Business & Finance

Roche bid to retool arthritis drug for COVID-19 fails

Roche launched the 330-patient trial in March as it joined other pharmaceutical companies seeking to re-purpose existing medicines to fight the pandemic.

Published 29 Jul, 2020 06:19pm

Energy

Oil prices jump on US inventory drop

Indian refiners are cutting crude processing and shutting units for maintenance amid faltering fuel demand, officials at the companies said.

Published 29 Jul, 2020 06:13pm

Sports

PCB invites former cricketers to take the field again

The High Performance department will also conduct eyesight and hearing tests of these match officials after Eid-ul-Adha as part of the review process.

Updated 29 Jul, 2020 06:18pm

Commodities

Tunisia tenders to buy soft wheat, barley and durum wheat

The origin is optional and the tender deadline is July 30, they said.

Published 29 Jul, 2020 06:11pm

Commodities

Arabica coffee hits three month high, cocoa hits 1-month top

September arabica coffee rose 1.25 cents, or 1.1%, to $1.1385 per lb, having hit its highest since late-April at $1.1420.

Published 29 Jul, 2020 06:09pm

Industry

GM reports smaller-than-expected coronavirus hit in second quarter

She said the automaker should repay its $16 billion revolving credit line by the end of the year, an action that again depends on a continued economic recovery.

Published 29 Jul, 2020 06:07pm

Currency

Euro zone yields rise off two-month lows before Fed meeting

German 10-year Bund yields dropped to a two-month low of -0.52% in early trade before rising to -0.496%, up about 2 basis points on the day.

Published 29 Jul, 2020 06:05pm

Industry

Boeing unveils sweeping production cuts as pandemic hammers sales

Boeing Chief Executive Dave Calhoun said the Chicago-based company was working closely with airlines and suppliers to manage the downturn.

Published 29 Jul, 2020 06:04pm

USA

Trump says he never confronted Putin about Russia bounty reports

"I don't have any explanation except that it's part of a pattern that is no surprise to anybody that the president has been very reluctant to cross President Putin."

Published 29 Jul, 2020 05:59pm

USA

Salvadoran president replaces finance minister

Bukele's office made the announcement on Twitter without providing reasons for the change.

Published 29 Jul, 2020 05:56pm

Stocks

Tokyo stocks close lower as yen rises

Nissan lost 10.39 percent to 368.1 yen and Canon plunged 13.46 percent to 1,797.5 yen.

Published 29 Jul, 2020 05:51pm

Business & Finance

Japan's ANA logs record quarterly $1bn loss on pandemic

Revenues from international services fell 94.2 percent from a year ago.

Published 29 Jul, 2020 05:49pm

Stocks

European equities waver in early deals

London's benchmark FTSE 100 index of major blue-chip companies was almost unchanged at 6,131.98 points compared with the closing level on Tuesday.

Published 29 Jul, 2020 05:46pm

Money & Banking

Barclays takes £3.7bn coronavirus hit as profits slump

Turning to the outlook, the lender also noted widespread fears of a possible second wave of COVID-19 that could spark renewed lockdown restrictions.

Published 29 Jul, 2020 05:44pm

Stocks

Hong Kong stocks end higher

The Hang Seng Index added 0.45 percent, or 110.38 points, to 24,883.14.

Published 29 Jul, 2020 05:41pm

Europe

EU relocates vulnerable asylum seekers from Greece, Cyprus

Greek authorities have kept island camps under coronavirus lockdown since March, prompting criticism from rights groups.

Published 29 Jul, 2020 05:40pm

Business & Finance

Huge risk provisions push Deutsche Bank into Q2 net loss

The net loss attributable to shareholders was partly down to the group setting aside 761 million euros to meet potential credit losses risks -- more than four times more than during the same period last year.

Published 29 Jul, 2020 05:38pm

India virus cases hit 1.5 million, but slum study casts doubt on official data

Even as case numbers soar and more areas impose lockdowns, Prime Minister Narendra Modi said this week India was in a "better position that other countries", and winning international praise.

Published 29 Jul, 2020 05:35pm

World

German ministers face grilling over Wirecard collapse

Wirecard filed for insolvency last month after admitting that 1.9 billion euros ($2.2 billion) missing from its accounts did not exist.

Published 29 Jul, 2020 05:33pm

Middle East

Child dies, 700 sick in Jordan mass food poisoning

The owner of the restaurant selling the popular rotisserie meat and bread snacks in Baqa'a district northwest of the capital was arrested, local media reported.

Published 29 Jul, 2020 05:30pm

Business & Finance

Hong Kong economy reels as tough virus restrictions implemented

During their lunch break on Wednesday, many residents were eating takeaway meals outside in the intense summer heat and humidity.

Published 29 Jul, 2020 05:28pm

Asia

Indian businessman converts office into coronavirus ward

The coronavirus epidemic is still raging in the world's second-most populous nation, with the number of infections passing 1.5 million on Wednesday, and almost 35,000 deaths.

Published 29 Jul, 2020 05:25pm

USA

Italian coast guard rescues migrants off Libya

France replied there were no French-flagged vessels in the Libyan area of responsibility, it said.

Published 29 Jul, 2020 05:22pm

Sports

Three key learnings from England, West Indies series

International cricket's first major campaign since the Covid-19 lockdown saw England triumph 2-1 in a Test series against the Windies.

Published 29 Jul, 2020 05:13pm

Asia

Indonesia says detains Vietnam boat with two tonnes of fish

The vessel then slammed into an Indonesian coast guard ship and a passing commercial boat in its failed bid to escape, they added.

Published 29 Jul, 2020 05:17pm

Europe

Peaceful protests a 'fundamental human right': UN watchdog

The independent experts on the Human Rights Committee published a fresh interpretation of the right of peaceful assembly, offering comprehensive legal guidance about where and how it applies and also outlining governments' obligations.

Published 29 Jul, 2020 05:16pm

Money & Banking

Santander books massive 12.6-bn-euro charge

"The impact of the pandemic has tested us all and I am proud of how Santander has responded."

Published 29 Jul, 2020 05:15pm

Exchange

China slams EU export curbs on Hong Kong over security law

Critics say it violates the "One Country, Two Systems" arrangement that has governed Hong Kong since Britain returned the former colony to China in 1997, allowing the city freedoms unseen on the Chinese mainland.

Published 29 Jul, 2020 05:14pm

Europe

France urges caution but says no virus second wave

Veran noted people felt the need to relax after the lockdown imposed to combat the virus but warned this was not the moment to let their guard down.

Published 29 Jul, 2020 05:12pm

Sports

Babar have all tools to become great Pakistan batsman: Azharuddin

Former Indian captain urged fans to enjoy Babar’s batting instead of comparing him with others.

Updated 29 Jul, 2020 05:13pm

Business & Finance

Heathrow calls for UK airport virus tests after £1-bn loss

In response the hub has cut its operating costs by at least £300 million and cancelled or paused over £650 million in projects.

Published 29 Jul, 2020 05:11pm

Money & Banking

HSBC aims to double number of black staff in top jobs

Quinn said in the memo: "Our black colleagues feel that HSBC has not been strong or vocal enough as an organisation on matters that concern them."

Published 29 Jul, 2020 05:09pm

Industry

General Electric reports loss amid weakness in aviation

As with so many other companies, the coronavirus and shutdowns to contain the virus was the driving factor behind 2020 results.

Published 29 Jul, 2020 05:06pm

Stocks

Stock markets waver before Fed as US lawmakers haggle

London stocks added 0.4 percent and Paris won 0.7 percent, while Frankfurt was marginally lower at the half-way stage.

Published 29 Jul, 2020 05:05pm

Exchange

Afghans demand permanent ceasefire ahead of peace talks

He said 775 civilians had also been killed and another 1,609 wounded since the deal.

Published 29 Jul, 2020 05:00pm

World

Half of coronavirus patients given ventilation died: German study

With the summer holiday season in full swing, politicians are also watching anxiously at infection numbers which have ticked up in recent weeks.

Published 29 Jul, 2020 04:55pm

Zafar Mirza resigns as SAPM on Health

He said he has resigned due to the ongoing negative discussion about the role of SAPMs and criticism on the government.

Published 29 Jul, 2020 03:45pm

Pakistan

Pak-Qatar Takaful and IBA CEIF Hold Webinar on Takaful

Mufti Hassaan Kaleem focused on the concept of Takaful (How it evolved?), its need and importance in our daily lives.

Updated 29 Jul, 2020 03:04pm

Tania Aidrus resigns as SAPM on Digital Pakistan

"In the greater public interest, I have submitted my resignation from the SAPM role," she tweeted.

Published 29 Jul, 2020 02:28pm

Sports

UEFA confident positive Covid-19 test won't affect Man City-Real Madrid tie

Real confirmed that forward Mariano Diaz had tested positive, casting doubt on his participation at the Etihad Stadium.

Published 29 Jul, 2020 02:14pm

Business & Finance

India's gloomy outlook darkens, recovery path in doubt

The latest findings echo recent criticism of New Delhi’s $266 billion economic rescue package, which does not include new spending, tax breaks or cash support, suggesting more will be needed to turn the economy around.

Published 29 Jul, 2020 02:16pm

Industry

Global airlines less hopeful on COVID-19 recovery

In an update on the pandemic’s crippling impact on air travel, the International Air Transport Association (IATA) cited slow virus containment in the United States and developing countries, and a weaker outlook for corporate travel.

Published 29 Jul, 2020 02:13pm

Sports

Nurmagomedov to face Gaethje in October, says UFC's White

The organisation has been staging bouts in its "Fight Island" located in Abu Dhabi during the virus outbreak.

Published 29 Jul, 2020 02:09pm

Sports

Broad fresh after 500th Test wicket and looking ahead to Pakistan series

The 34-year-old paceman became only the seventh bowler to reach the milestone of 500 Test wickets.

Published 29 Jul, 2020 01:52pm

Pakistan

95% of stranded Pakistanis have been brought back within two and a half months

Parliamentary Secretary on Foreign Affairs Andleeb Abbas said majority of Pakistani Zaireen have also returned from Iran.

Updated 29 Jul, 2020 01:58pm

Sports

Umar Akmal‘s ban reduced to 18 months

The 30-year-old batsman appealed against his initial three-year suspension over corruption charges.

Published 29 Jul, 2020 01:34pm

Money & Banking

SBP allows Islamic Banking Windows to offer all types of financing products

Under the revised instructions, IBWs can now offer all types of financing products to their customers including Corporates, SMEs, Agriculture, Housing, and Consumers.

Published 29 Jul, 2020 01:34pm

Industry

Moving towards renewable; Pakistan launches Electric Charging Station

Omar Ayub said that by 2023 Pakistan will generate 75-80pc of its electricity from its local sources including nuclear, hydro, and coal power, which will reduce the electricity tariffs for the end customers.
The opening of a charging station in Islamabad will help encourage electric vehicles as future transportation in the country, says Babar.

Published 29 Jul, 2020 01:14pm

Life & Style

Amitabh Bachchan threatens trolls wishing him death from coronavirus with 'extermination'

The Bollywood icon said he had received vicious hate mail after he caught coronavirus.

Published 29 Jul, 2020 01:04pm

Sanofi, GSK to supply up to 60 million doses of COVID-19 vaccine to UK

The first clinical trials are expected in September.

Updated 29 Jul, 2020 12:59pm

Stocks

Pakistani Equities likely to move higher over the next six months: Study

“We believe stock prices have already priced in plenty of negatives, and that Pakistani equities are likely to move higher over the next six months,” it said.

Published 29 Jul, 2020 12:01pm

Pakistan

Disruption in Amazon Web Services Not due to PUBG ban: PTA

"This phenomenon was not specific to Pakistan only but users in other countries including the United States also experienced similar issues,” said PTA.

Published 29 Jul, 2020 11:02am

Commodities

Oil rises after surprise drop in U.S. inventories offsets demand concerns

Brent crude futures were up by 14 cents, or 0.3%, at $43.36 a barrel by 0326 GMT, after dropping 0.4% on Tuesday.
U.S. West Texas Intermediate crude futures gained 2 cents, or 0.1%, to $41.06 a barrel, having dropped 1.4% in the previous session.

Updated 29 Jul, 2020 11:00am

Muslims begin 'scaled-down' Hajj today

Only 10,000 Muslims will perform Hajj this year due to coronavirus.

Updated 29 Jul, 2020 10:40am

Forex

Dollar wallows near two-year low as coronavirus keeps Fed in a bind

The dollar index against six major currencies stood at 93.720, near its lowest since June 2018 this week.

Published 29 Jul, 2020 10:34am

Companies

South Korea launches safety probe into Tesla vehicles

Braking and steering systems including the Autopilot function were part of the investigation, a transport ministry official said on Wednesday.

Published 29 Jul, 2020 10:13am

Kerb

Big Tech CEOs to defend their companies before U.S. Congress by listing competitors

The testimony from Amazon’s Jeff Bezos, Facebook’s Mark Zuckerberg, Google’s Sundar Pichai and Apple’s Tim Cook, which was released Tuesday, portrays four chief executives who are looking over their shoulders at competitors who could render them obsolete.

Published 29 Jul, 2020 10:10am

Companies

Visa beats estimates as quarterly profit falls 23%

Net income fell to $2.37 billion, or $1.07 per Class A share, in the quarter ended June 30, from $3.10 billion, or $1.37 per Class A share, a year earlier.

Published 29 Jul, 2020 10:08am

Cotton

LSM: FY20 was clearly worse than govt forecast

If April 2020 saw Pakistan’s Large-Scale Manufacturing (LSM) index drop the most in recent memory (42 percent),...

Published 29 Jul, 2020 08:40am

Currency

NPL – margins double despite falling generation

Nishat Power Limited (PSX:NPL) has closed the financial year 2020 with a 31 percent year-on-year growth in its...

Published 29 Jul, 2020 08:39am

BR Research

AHL: Covid curses

The outgoing quarter has been the worst performing three months Atlas Honda (PSX: AHL) has experienced in recent...

Published 29 Jul, 2020 08:38am

BR Research

FFL: Covid helps?

It is said that firms that produce spirits thrive during recessions globally, as people consume more intoxicants in...

Published 29 Jul, 2020 08:36am

Currency

Janana De Malucho Textile Mills Limited

Janana De Malucho Textile Mills Limited (PSX: JDMT) was established in 1960 as a public limited company. It ...

Published 29 Jul, 2020 08:33am

Exchange

Afghan talks back on track as new ceasefire agreed

The top US diplomat in Kabul welcomed the ceasefire and voiced hope that the two sides would move quickly to the negotiating table.

Published 29 Jul, 2020 04:36am

Pakistan

Buzdar suspends officers for negligence

LAHORE: Chief Minister Punjab Sardar Usman Buzdar has suspended a few officers on account of negligence and poor...

Updated 29 Jul, 2020 03:17am

Pakistan

Pakistan condemns restrictions on Eid prayers in IHK

ISLAMABAD: Pakistan on Tuesday strongly condemned the restrictions imposed by Indian authorities on Eid-ul-Azha...

Updated 29 Jul, 2020 03:17am

Pakistan

Dual nationalities: Petition challenging SAPMs appointment filed before IHC

ISLAMABAD: A writ petition challenging the appointment of the special assistants to the prime minister (SAPMs) ...

Updated 29 Jul, 2020 03:16am

Pakistan

Murad orders monitoring of rain-affected areas of city by elected representatives

KARACHI: Sindh Chief Minister Syed Murad Ali Shah, keeping in view heavy and excessive downpour, has decided to...

Updated 29 Jul, 2020 03:16am

Pakistan

Mayor calls for upgrading of garbage disposal system

KARACHI: Karachi Mayor Wasim Akhtar on Tuesday said that cleaning of rain drains was not a permanent solution as...

Updated 29 Jul, 2020 03:15am

Pakistan

MCC seizes smuggled goods worth Rs211m

KARACHI: Model Customs Collectorate (MCC), Quetta on Tuesday claimed to have confiscated nine passenger buses loaded...

Updated 29 Jul, 2020 03:15am

Business & Finance

FPCCI urges govt to abolish 2.5pc regulatory duty on PFY

KARACHI: "Government should reverse its decision to impose a 2.5pc regulatory duty on polyester filament yarn and...

Updated 29 Jul, 2020 03:13am

Business & Finance

EU to restrict exports to Hong Kong over security law

BRUSSELS: The European Union on Tuesday agreed to limit exports to Hong Kong of equipment that could be used for...

Updated 29 Jul, 2020 03:13am

Pakistan

LDA to permit 3-storey residential buildings in housing schemes

LAHORE: To encourage construction activities in the provincial capital, the Lahore Development Authority (LDA) has...

Updated 29 Jul, 2020 03:12am

Project registered with FBR: First buyer of property not required to explain source of funds

ISLAMABAD: The first purchaser of a property, including a building or a unit in the building, is not required to...

Updated 29 Jul, 2020 03:12am

Gold hits new high; equities struggle on virus fears

LONDON: Gold chalked up another record peak on Tuesday before pulling lower as the dollar clawed back earlier ...

Updated 29 Jul, 2020 03:12am

Pakistan

Punjab law minister pays surprise visit to cattle markets

LAHORE: Provincial Law Minister Raja Basharat and Chief Secretary Punjab Jawwad Rafique Malik on Tuesday paid a...

Updated 29 Jul, 2020 03:11am

Pakistan

Kamyab Jawan Loan Programme: PM to inaugurate second phase on Aug 12: Usman Dar

PESHAWAR: Special Assistant to Prime Minister on Youth Affairs, Usman Dar, said that transparency and merit would be...

Updated 29 Jul, 2020 03:11am

Life & Style

Aaj TV - Wednesday's schedule

KARACHI: All timings are in PST (Pakistan Standard Time). 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55...

Updated 29 Jul, 2020 03:11am

Pakistan

Active Covid-19 cases drop in capital

ISLAMABAD: The active cases of Covid-19 in the federal capital have dropped to 17.14 percent as out of total 14,938...

Updated 29 Jul, 2020 03:11am

World

Faded photo giant Kodak gets $765m for drug business

WASHINGTON: Erstwhile photo giant Eastman Kodak will launch a new business manufacturing pharmaceuticals amid the...

Updated 29 Jul, 2020 03:10am

Pakistan

Workshop on 'Guidance on Competition Compliance' held

ISLAMABAD: The Competition Commission of Pakistan (CCP) held an online workshop on "Guidance on Competition...

Updated 29 Jul, 2020 03:10am

Pakistan

Lahore BISE to set up facilitation centre

LAHORE: The Board of Intermediate and Secondary Education Lahore will set up a state-of-the-art students'...

Updated 29 Jul, 2020 03:10am

World

China halts HK extradition treaties with Canada, Australia, UK

BEIJING: China announced the suspension Tuesday of Hong Kong's extradition treaties with Canada, Australia and...

Updated 29 Jul, 2020 03:10am

Pakistan

Punjab government to set up waste collection camps ahead of Eid

LAHORE: Provincial Health Minister Dr Yasmin Rashid has directed the city district government and the Lahore Waste...

Updated 29 Jul, 2020 03:10am

Pakistan

ILMA varsity becomes member of CROSSREF

KARACHI: ILMA University has become a member of the international research engine CROSSREF which is popular for...

Updated 29 Jul, 2020 03:09am

World

Canada OKs remdesivir

MONTREAL: Canada on Tuesday gave the green light for people with severe symptoms of Covid-19 to be treated with the...

Updated 29 Jul, 2020 03:09am

World

France sends coronavirus ventilators, test kits to India

NEW DELHI: A French air force jet on Tuesday delivered ventilators and tens of thousands of coronavirus test kits to...

Updated 29 Jul, 2020 03:08am

Europe

Virus curbs tightened over fears of a second wave

PARIS: Spain and Germany were among the countries tightening restrictions on Tuesday in a bid to cool coronavirus...